Lennox International (NYSE:LII) Downgraded by The Goldman Sachs Group to “Neutral”

Lennox International (NYSE:LII) was downgraded by stock analysts at The Goldman Sachs Group from a “buy” rating to a “neutral” rating in a research report issued on Wednesday, MarketBeat Ratings reports. They currently have a $390.00 price objective on the construction company’s stock. The Goldman Sachs Group’s price objective points to a potential upside of 11.42% from the company’s current price.

LII has been the topic of several other research reports. Weiss Ratings cut Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Morgan Stanley cut their target price on Lennox International from $450.00 to $375.00 and set an “underweight” rating for the company in a research note on Thursday, September 3rd. Royal Bank Of Canada reduced their price target on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a report on Thursday, July 30th. William Blair restated an “outperform” rating on shares of Lennox International in a research note on Wednesday, July 29th. Finally, Deutsche Bank Aktiengesellschaft downgraded Lennox International from a “buy” rating to a “hold” rating and decreased their price target for the company from $609.00 to $444.00 in a research note on Monday, September 14th. Four analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $510.77.

Lennox International Stock Down 1.9%

LII stock opened at $350.04 on Wednesday. The stock has a market capitalization of $12.10 billion, a PE ratio of 15.82, a price-to-earnings-growth ratio of 1.48 and a beta of 1.16. The company has a fifty day moving average of $384.60 and a 200-day moving average of $465.92. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. Lennox International has a one year low of $340.32 and a one year high of $587.27.

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

Hedge Funds Weigh In On Lennox International

Several hedge funds have recently bought and sold shares of the company. Krilogy Financial LLC purchased a new stake in Lennox International during the third quarter worth $415,000. NorthCrest Asset Manangement LLC acquired a new stake in Lennox International in the third quarter valued at $278,000. Farther Finance Advisors LLC increased its position in shares of Lennox International by 43.0% in the third quarter. Farther Finance Advisors LLC now owns 266 shares of the construction company’s stock valued at $94,000 after buying an additional 80 shares in the last quarter. Apella Capital LLC grew its stake in Lennox International by 34.7% in the 3rd quarter. Apella Capital LLC now owns 710 shares of the construction company’s stock valued at $255,000 after acquiring an additional 183 shares during the last quarter. Finally, Burkett Financial Services LLC acquired a new stake in Lennox International in the 3rd quarter valued at about $26,000. 67.07% of the stock is owned by hedge funds and other institutional investors.

About Lennox International

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.