Lennox International (NYSE:LII) Stock Gets Price Target Trim from Morgan Stanley

Lennox International (NYSE:LII) had its target price dropped by investment analysts at Morgan Stanley from $375.00 to $350.00 in a report released on Thursday, Benzinga reports. The brokerage presently has an “underweight” rating on the construction company’s stock. Morgan Stanley’s target price indicates a potential downside of 1.13% from the stock’s current price.

Several other analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft cut shares of Lennox International from a “buy” rating to a “hold” rating and decreased their price objective for the company from $609.00 to $444.00 in a research note on Monday, September 14th. William Blair reiterated an “outperform” rating on shares of Lennox International in a research note on Wednesday, July 29th. Weiss Ratings cut shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Mizuho decreased their target price on shares of Lennox International from $450.00 to $395.00 and set a “neutral” rating for the company in a research report on Thursday. Finally, Oppenheimer lowered their price target on shares of Lennox International from $575.00 to $548.00 and set an “outperform” rating on the stock in a report on Wednesday. Four investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $483.46.

Lennox International Stock Performance

Shares of LII stock traded up $5.16 during mid-day trading on Thursday, reaching $354.00. The stock had a trading volume of 262,376 shares, compared to its average volume of 479,965. The business’s fifty day moving average is $382.63 and its 200-day moving average is $465.29. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 0.89. The firm has a market cap of $12.23 billion, a price-to-earnings ratio of 16.06, a PEG ratio of 1.46 and a beta of 1.16. Lennox International has a 1-year low of $340.32 and a 1-year high of $587.27.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, beating analysts’ consensus estimates of $7.67 by $0.05. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.56 billion. Lennox International had a return on equity of 66.42% and a net margin of 14.61%. Lennox International’s revenue for the quarter was up 3.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $7.82 earnings per share. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, research analysts forecast that Lennox International will post 23.44 earnings per share for the current year.

Hedge Funds Weigh In On Lennox International

Several institutional investors have recently made changes to their positions in LII. BlackRock Inc. purchased a new stake in Lennox International during the second quarter worth $1,704,846,000. Beacon Pointe Advisors LLC purchased a new position in Lennox International in the second quarter valued at $239,217,000. Bank of America Corp DE purchased a new position in Lennox International in the second quarter valued at $196,075,000. Deutsche Bank AG purchased a new position in Lennox International in the second quarter valued at $159,181,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Lennox International by 3.2% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 240,782 shares of the construction company’s stock worth $137,956,000 after acquiring an additional 7,397 shares during the period. 67.07% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Lennox International

Here are the key news stories impacting Lennox International this week:

• Positive Sentiment: Lennox partnered with Everyday Electric to provide energy insights and automatically adjust temperatures through Lennox smart thermostats, potentially helping households reduce heating and cooling bills while maintaining comfort. The initiative could strengthen Lennox’s connected-home offering and support demand for energy-efficient products. Lennox and Everyday Electric Partner to Bring Comfort-First Savings to Lennox Smart Thermostats
• Positive Sentiment: Oppenheimer maintained an Outperform rating despite reducing its price target to $548 from $575. The revised target still implies substantial upside from the current trading level.
• Positive Sentiment: Some investors view Lennox as a long-term value opportunity after the stock fell roughly 47% from its peak. Its growing commercial business, strong free cash flow and shareholder-return potential could attract patient investors. This Stock Is a Patient Investor’s Dream Buy at New 52-Week Lows
• Neutral Sentiment: Mizuho cut its target to $395 from $450 and assigned a Neutral rating, while RBC lowered its target to $406 from $469 and kept a Sector Perform rating. Both targets remain above the current price but signal more limited confidence.
• Negative Sentiment: Goldman Sachs downgraded Lennox from Buy to Neutral and sharply reduced its target to $390 from $547, adding pressure to the stock’s outlook and highlighting weaker near-term conviction. Trane Technologies upgraded, Lennox and Carrier downgraded at Goldman Sachs

Lennox International Company Profile

Lennox International Inc (NYSE:LII) is a heating, ventilation, air conditioning and refrigeration company that designs, manufactures and markets climate-control products for residential and commercial applications. Its offerings include furnaces, air conditioners, heat pumps, packaged systems, thermostats, controls and indoor air-quality products.

The company also provides commercial HVAC systems and services for offices, retail locations, industrial facilities and other buildings, as well as refrigeration equipment used in food retail and other applications.