Lennox International (NYSE:LII) Stock Price Target Lowered at Oppenheimer

Lennox International (NYSE:LII) had its price objective dropped by investment analysts at Oppenheimer from $575.00 to $548.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The brokerage presently has an “outperform” rating on the construction company’s stock. Oppenheimer’s price objective suggests a potential upside of 58.36% from the company’s current price.

LII has been the subject of several other reports. Wells Fargo & Company initiated coverage on shares of Lennox International in a research note on Friday, September 25th. They set an “equal weight” rating and a $424.00 price objective for the company. Royal Bank Of Canada cut their price objective on shares of Lennox International from $469.00 to $406.00 and set a “sector perform” rating on the stock in a research note on Wednesday. The Goldman Sachs Group lowered shares of Lennox International from a “buy” rating to a “neutral” rating and set a $390.00 price objective on the stock. in a research note on Wednesday. Deutsche Bank Aktiengesellschaft cut shares of Lennox International from a “buy” rating to a “hold” rating and reduced their target price for the stock from $609.00 to $444.00 in a report on Monday, September 14th. Finally, William Blair restated an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Four research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $498.46.

Lennox International Stock Performance

Shares of NYSE:LII traded down $4.08 during trading on Wednesday, hitting $346.05. The stock had a trading volume of 211,394 shares, compared to its average volume of 478,978. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 0.89. Lennox International has a 12-month low of $340.32 and a 12-month high of $587.27. The stock has a market capitalization of $11.96 billion, a price-to-earnings ratio of 15.65, a price-to-earnings-growth ratio of 1.48 and a beta of 1.16. The stock has a 50-day simple moving average of $384.60 and a two-hundred day simple moving average of $465.92.

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. Lennox International had a return on equity of 66.42% and a net margin of 14.61%. The firm had revenue of $1.55 billion for the quarter, compared to analyst estimates of $1.56 billion. During the same quarter in the prior year, the firm earned $7.82 earnings per share. Lennox International’s revenue for the quarter was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, equities research analysts expect that Lennox International will post 23.44 earnings per share for the current fiscal year.

Institutional Trading of Lennox International

A number of hedge funds have recently added to or reduced their stakes in the company. Glenmede Trust Co. NA lifted its stake in Lennox International by 4.0% during the first quarter. Glenmede Trust Co. NA now owns 907 shares of the construction company’s stock worth $421,000 after purchasing an additional 35 shares in the last quarter. Root Financial Partners LLC boosted its position in shares of Lennox International by 137.9% during the first quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock worth $32,000 after buying an additional 40 shares during the period. Fifth Third Wealth Advisors LLC boosted its position in shares of Lennox International by 11.9% during the first quarter. Fifth Third Wealth Advisors LLC now owns 583 shares of the construction company’s stock worth $271,000 after buying an additional 62 shares during the period. N.E.W. Advisory Services LLC acquired a new stake in shares of Lennox International in the second quarter valued at $37,000. Finally, Mufg Securities Americas Inc. grew its stake in shares of Lennox International by 8.0% in the second quarter. Mufg Securities Americas Inc. now owns 954 shares of the construction company’s stock valued at $547,000 after buying an additional 71 shares in the last quarter. 67.07% of the stock is owned by hedge funds and other institutional investors.

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.