Lennox International (NYSE:LII) Stock Price Target Cut by Oppenheimer

Key Points

• Oppenheimer lowered Lennox International’s price target to $548 from $575 while maintaining an “outperform” rating, implying 58.36% upside from the prior close.
• LII shares fell 1.2% to $346.05, near their 52-week low of $340.32. Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $498.46.
• Lennox slightly exceeded quarterly EPS expectations, reporting $7.72 versus the $7.67 consensus, while revenue rose 3% year over year to $1.55 billion.

Lennox International (NYSE:LII - Get Free Report) had its target price dropped by equities research analysts at Oppenheimer from $575.00 to $548.00 in a research note issued on Wednesday, Benzinga reports. The firm presently has an "outperform" rating on the construction company's stock. Oppenheimer's price objective indicates a potential upside of 58.36% from the company's previous close.

Several other brokerages have also recently weighed in on LII. Weiss Ratings cut Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Morgan Stanley cut their price target on Lennox International from $450.00 to $375.00 and set an "underweight" rating on the stock in a research note on Thursday, September 3rd. Wells Fargo & Company started coverage on Lennox International in a report on Friday, September 25th. They issued an "equal weight" rating and a $424.00 price objective for the company. Deutsche Bank Aktiengesellschaft lowered shares of Lennox International from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $609.00 to $444.00 in a research note on Monday, September 14th. Finally, William Blair reaffirmed an "outperform" rating on shares of Lennox International in a research note on Wednesday, July 29th. Four research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Lennox International has an average rating of "Hold" and a consensus target price of $498.46.

Lennox International Trading Down 1.2%

Shares of Lennox International stock traded down $4.08 on Wednesday, hitting $346.05. 211,394 shares of the company traded hands, compared to its average volume of 478,978. The stock's 50 day moving average price is $384.60 and its 200-day moving average price is $465.92. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 0.89. Lennox International has a 52 week low of $340.32 and a 52 week high of $587.27. The company has a market cap of $11.96 billion, a PE ratio of 15.65, a PEG ratio of 1.48 and a beta of 1.16.

Lennox International (NYSE:LII - Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share (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 during the quarter, compared to analyst estimates of $1.56 billion. During the same quarter in the previous year, the business earned $7.82 earnings per share. Lennox International'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. Equities research analysts predict that Lennox International will post 23.44 EPS for the current year.

Institutional Investors Weigh In On Lennox International

Institutional investors have recently added to or reduced their stakes in the stock. N.E.W. Advisory Services LLC purchased a new position in shares of Lennox International in the 2nd quarter valued at approximately $37,000. Root Financial Partners LLC grew its holdings 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 valued at $32,000 after buying an additional 40 shares during the last quarter. Burkett Financial Services LLC acquired a new position in shares of Lennox International in the 3rd quarter valued at $26,000. Global Retirement Partners LLC acquired a new position in shares of Lennox International in the 2nd quarter valued at $50,000. Finally, Allworth Financial LP acquired a new position in shares of Lennox International in the 2nd quarter valued at $91,000. Institutional investors own 67.07% of the company's stock.

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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