Lennox International (NYSE:LII) Given New $375.00 Price Target at Morgan Stanley

Key Points

• Morgan Stanley cut Lennox International’s price target to $375 from $450 and maintained an “underweight” rating, implying roughly 0.67% downside from the stock’s $377.54 trading price.
• Analyst sentiment remains mixed: five analysts rate the stock “Buy,” nine “Hold,” and two “Sell,” producing a consensus “Hold” rating and an average price target of $540.33.
• Lennox slightly exceeded quarterly EPS expectations with $7.72 versus $7.67, while revenue rose 3% year over year to $1.55 billion; management’s fiscal 2026 EPS guidance is $23 to $24.

Lennox International (NYSE:LII - Get Free Report) had its price objective decreased by equities research analysts at Morgan Stanley from $450.00 to $375.00 in a research note issued to investors on Thursday, Benzinga reports. The brokerage currently has an "underweight" rating on the construction company's stock. Morgan Stanley's target price would indicate a potential downside of 0.67% from the stock's current price.

LII has been the topic of several other reports. William Blair restated an "outperform" rating on shares of Lennox International in a research report on Wednesday, July 29th. The Goldman Sachs Group lowered their price target on 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 price objective 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, Weiss Ratings downgraded shares of Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus target price of $540.33.

Lennox International Stock Performance

Shares of LII stock traded up $3.54 during mid-day trading on Thursday, reaching $377.54. 56,049 shares of the company's stock traded hands, compared to its average volume of 476,350. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. The firm has a market capitalization of $13.05 billion, a PE ratio of 17.05, a price-to-earnings-growth ratio of 1.48 and a beta of 1.18. Lennox International has a 12 month low of $371.65 and a 12 month high of $587.27. The firm has a 50 day moving average price of $480.35 and a two-hundred day moving average price of $497.86.

Lennox International (NYSE:LII - Get Free Report) last announced its earnings results on Wednesday, July 29th. The construction company reported $7.72 EPS for the quarter, topping analysts' consensus estimates of $7.67 by $0.05. The company had revenue of $1.55 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same period last year, the firm earned $7.82 EPS. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, research analysts forecast that Lennox International will post 23.66 EPS for the current year.

Institutional Investors Weigh In On Lennox International

Hedge funds have recently bought and sold shares of the business. California State Teachers Retirement System grew its stake in shares of Lennox International by 49,193.3% in the 2nd quarter. California State Teachers Retirement System now owns 20,842,202 shares of the construction company's stock worth $11,941,540,000 after buying an additional 20,799,920 shares in the last quarter. BlackRock Inc. purchased a new stake in shares of Lennox International during the 2nd quarter valued at about $1,704,846,000. Beacon Pointe Advisors LLC bought a new position in shares of Lennox International in the 2nd quarter valued at about $239,217,000. Bank of America Corp DE purchased a new position in Lennox International in the second quarter worth about $196,075,000. Finally, Deutsche Bank AG bought a new stake in Lennox International during the second quarter worth approximately $159,181,000. Hedge funds and other 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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