Lennox International (NYSE:LII) Given New $350.00 Price Target at Morgan Stanley

Key Points

• Morgan Stanley cut Lennox International’s price target to $350 from $375 and maintained an “underweight” rating, implying roughly 1.13% downside from the $354 share price.
• Analyst sentiment has weakened, with Goldman Sachs downgrading the stock to “neutral” and RBC also reducing its target. MarketBeat’s consensus rating is “hold,” with an average price target of $483.46.
• Lennox exceeded quarterly EPS estimates by $0.05 and reported 3% year-over-year revenue growth, while institutional investors own approximately 67.07% of the company.

Lennox International (NYSE:LII - Get Free Report) had its target price reduced by equities researchers at Morgan Stanley from $375.00 to $350.00 in a report issued on Thursday, Benzinga reports. The brokerage currently has an "underweight" rating on the construction company's stock. Morgan Stanley's price target indicates a potential downside of 1.13% from the stock's current price.

LII has been the topic of a number of other research reports. The Goldman Sachs Group cut shares of Lennox International from a "buy" rating to a "neutral" rating and cut their price objective for the company from $547.00 to $390.00 in a research report on Wednesday. Royal Bank Of Canada dropped their price target on shares of Lennox International from $469.00 to $406.00 and set a "sector perform" rating for the company in a research note on Wednesday. Weiss Ratings cut shares of Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. William Blair reiterated an "outperform" rating on shares of Lennox International in a report on Wednesday, July 29th. Finally, Wells Fargo & Company started coverage on shares of Lennox International in a research report on Friday, September 25th. They issued an "equal weight" rating and a $424.00 price objective on the stock. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company has an average rating of "Hold" and a consensus target price of $483.46.

Lennox International Stock Performance

Shares of NYSE:LII traded up $5.16 during trading on Thursday, hitting $354.00. The company's stock had a trading volume of 262,376 shares, compared to its average volume of 479,965. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 0.77. The firm has a market cap of $12.23 billion, a price-to-earnings ratio of 16.06, a P/E/G ratio of 1.46 and a beta of 1.16. The company has a 50-day moving average of $382.63 and a 200-day moving average of $465.29. Lennox International has a 12 month low of $340.32 and a 12 month high of $587.27.

Lennox International (NYSE:LII - Get Free Report) last posted its quarterly 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 business had revenue of $1.55 billion for the quarter, compared to analysts' expectations of $1.56 billion. During the same period last year, the firm earned $7.82 earnings per share. The business's quarterly revenue 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, sell-side analysts expect that Lennox International will post 23.44 earnings per share for the current year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Beacon Pointe Advisors LLC acquired a new position in shares of Lennox International during the second quarter valued at about $239,217,000. Jefferies Financial Group Inc. acquired a new stake in Lennox International in the 2nd quarter worth approximately $3,644,000. Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Lennox International in the 2nd quarter worth approximately $10,596,000. Capstone Investment Advisors LLC acquired a new position in Lennox International during the 2nd quarter valued at approximately $2,991,000. Finally, Legal & General Group Plc acquired a new position in Lennox International during the 2nd quarter valued at approximately $54,927,000. Institutional investors own 67.07% of the company's stock.

Trending Headlines about 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.

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