Lennox International, Inc. (NYSE:LII – Get Free Report) shares reached a new 52-week low during trading on Monday . The company traded as low as $401.42 and last traded at $403.0050, with a volume of 3745 shares trading hands. The stock had previously closed at $402.87.
Analyst Upgrades and Downgrades
LII has been the topic of several research reports. Weiss Ratings lowered Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. William Blair reissued an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. The Goldman Sachs Group dropped their target price on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a report on Friday, July 31st. Royal Bank Of Canada reduced their target price on shares of Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 30th. Finally, Wells Fargo & Company lifted their price target on shares of Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $546.58.
Check Out Our Latest Report on LII
Lennox International Price Performance
Lennox International (NYSE:LII – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, beating analysts’ consensus estimates of $7.67 by $0.05. The business had revenue of $1.55 billion during the quarter, compared to analyst estimates of $1.56 billion. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. Lennox International’s revenue was up 3.0% compared to the same quarter last year. During the same period last year, the business earned $7.82 EPS. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, analysts expect that Lennox International, Inc. will post 23.69 EPS for the current year.
Institutional Trading of Lennox International
A number of institutional investors and hedge funds have recently modified their holdings of LII. California State Teachers Retirement System lifted its holdings in shares of Lennox International by 49,193.3% during the second quarter. California State Teachers Retirement System now owns 20,842,202 shares of the construction company’s stock valued at $11,941,540,000 after purchasing an additional 20,799,920 shares in the last quarter. BlackRock Inc. bought a new stake in Lennox International in the 2nd quarter worth about $1,704,846,000. Beacon Pointe Advisors LLC bought a new stake in Lennox International in the 2nd quarter worth about $239,217,000. Bank of America Corp DE purchased a new position in Lennox International in the 2nd quarter worth about $196,075,000. Finally, Deutsche Bank AG purchased a new position in Lennox International in the 2nd quarter worth about $159,181,000. Institutional investors own 67.07% of the company’s stock.
Lennox International Company Profile
Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.
Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.
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