Lennox International (NYSE:LII) Price Target Cut to $395.00 by Analysts at Mizuho

Key Points

• Mizuho lowered Lennox International’s price target to $395 from $450 while maintaining a “neutral” rating, implying 13.15% upside from the prior close.
• Analyst sentiment has broadly weakened: Morgan Stanley, Goldman Sachs and RBC also cut their targets, leaving the stock with a consensus “Hold” rating and an average target of $485.38.
• Lennox shares opened at $349.08, near their 52-week low, despite the company slightly exceeding quarterly earnings expectations with $7.72 in EPS and reporting 3% year-over-year revenue growth.

Lennox International (NYSE:LII - Get Free Report) had its price target lowered by Mizuho from $450.00 to $395.00 in a report released on Thursday, Benzinga reports. The brokerage currently has a "neutral" rating on the construction company's stock. Mizuho's price target would suggest a potential upside of 13.15% from the stock's previous close.

A number of other brokerages also recently weighed in on LII. Morgan Stanley dropped their target price on Lennox International from $450.00 to $375.00 and set an "underweight" rating on the stock in a report on Thursday, September 3rd. Weiss Ratings lowered shares of Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, August 11th. The Goldman Sachs Group cut shares of Lennox International from a "buy" rating to a "neutral" rating and decreased their price target for the stock from $547.00 to $390.00 in a report on Wednesday. Wells Fargo & Company assumed coverage on shares of Lennox International in a research report on Friday, September 25th. They set an "equal weight" rating and a $424.00 price objective on the stock. Finally, Royal Bank Of Canada lowered 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 report on Wednesday. Four investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $485.38.

Lennox International Stock Performance

Shares of LII stock opened at $349.08 on Thursday. Lennox International has a 1-year low of $340.32 and a 1-year high of $587.27. 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 company has a market capitalization of $12.06 billion, a price-to-earnings ratio of 15.78, a P/E/G ratio of 1.46 and a beta of 1.16. The stock's fifty day simple moving average is $382.63 and its 200-day simple moving average is $465.29.

Lennox International (NYSE:LII - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, beating the consensus estimate 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 quarterly revenue was up 3.0% on a year-over-year basis. During the same period in the previous 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, sell-side analysts predict that Lennox International will post 23.44 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Lennox International

Institutional investors and hedge funds have recently modified their holdings of the business. Mather Group LLC. raised its position in shares of Lennox International by 677.6% in the third quarter. Mather Group LLC. now owns 521 shares of the construction company's stock valued at $185,000 after purchasing an additional 454 shares during the period. Mitchell & Pahl Private Wealth LLC lifted its stake in shares of Lennox International by 10.1% in the third quarter. Mitchell & Pahl Private Wealth LLC now owns 3,098 shares of the construction company's stock worth $1,100,000 after buying an additional 284 shares during the last quarter. Krilogy Financial LLC acquired a new stake in shares of Lennox International in the third quarter worth $415,000. NorthCrest Asset Manangement LLC bought a new stake in shares of Lennox International during the 3rd quarter worth $278,000. Finally, Farther Finance Advisors LLC boosted its holdings in shares of Lennox International by 43.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 266 shares of the construction company's stock worth $94,000 after buying an additional 80 shares during the period. Institutional investors and hedge funds 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 add energy insights and automated, comfort-focused temperature adjustments to Lennox smart thermostats. The initiative could help customers reduce heating and cooling bills, strengthen Lennox’s connected-home offering and support demand for its high-efficiency equipment. Lennox and Everyday Electric Partner to Bring Comfort-First Savings to Lennox Smart Thermostats
• Positive Sentiment: Oppenheimer maintained an “outperform” rating despite lowering its price target to $548 from $575. The revised target still implies substantial upside, indicating the firm views Lennox’s current valuation as attractive over the longer term. Oppenheimer Adjusts Price Target on Lennox International
• Positive Sentiment: A value-focused analysis highlighted Lennox’s growing commercial business, strong free cash flow and shareholder returns, arguing that the stock’s roughly 47% decline from its peak and reasonable valuation could appeal to patient investors. This Stock Is a Patient Investor’s Dream Buy at New 52-Week Lows
• Neutral Sentiment: RBC cut its price target to $406 from $469 and shifted to a “sector perform” rating. The target remains above the current share price, but the reduction reflects more cautious expectations. RBC analyst action
• Negative Sentiment: Goldman Sachs downgraded Lennox from “buy” to “neutral” and slashed its target to $390 from $547. This was the most negative analyst action and likely contributed significantly to investor concern about the stock’s outlook. Goldman Sachs downgrades Lennox

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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