Lennox International, Inc. $LII Position Increased by Hsbc Holdings PLC

Key Points

• Hsbc Holdings PLC increased its Lennox International stake by 10.2% in the second quarter, bringing its holdings to 66,672 shares valued at approximately $38.2 million. Institutional investors and hedge funds collectively own 67.07% of the company.
• Lennox reported quarterly EPS of $7.72, slightly above analyst expectations, while revenue reached $1.55 billion, up 3% year over year but below estimates. The company maintained fiscal 2026 EPS guidance of $23.00–$24.00.
• The stock opened at $390.37, well below its 52-week high of $587.27. Analysts have a consensus “Hold” rating, with an average price target of $540.33, though several firms recently lowered their targets and Morgan Stanley assigned an “Underweight” rating.

Hsbc Holdings PLC increased its stake in shares of Lennox International, Inc. (NYSE:LII - Free Report) by 10.2% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 66,672 shares of the construction company's stock after buying an additional 6,187 shares during the quarter. Hsbc Holdings PLC owned about 0.19% of Lennox International worth $38,210,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in shares of Lennox International during the second quarter valued at $1,704,846,000. Beacon Pointe Advisors LLC acquired a new stake in shares of Lennox International in the 2nd quarter worth about $239,217,000. Bank of America Corp DE acquired a new stake in shares of Lennox International in the 2nd quarter worth about $196,075,000. Deutsche Bank AG bought a new stake in Lennox International in the 2nd quarter valued at about $159,181,000. Finally, Bank of New York Mellon Corp acquired a new position in Lennox International during the 2nd quarter valued at about $109,955,000. 67.07% of the stock is owned by institutional investors and hedge funds.

Lennox International Trading Down 0.0%

Shares of Lennox International stock opened at $390.37 on Tuesday. The business has a fifty day simple moving average of $469.60 and a 200-day simple moving average of $494.11. Lennox International, Inc. has a fifty-two week low of $371.65 and a fifty-two week high of $587.27. The firm has a market cap of $13.49 billion, a price-to-earnings ratio of 17.65, a price-to-earnings-growth ratio of 1.54 and a beta of 1.18. The company has a quick ratio of 0.77, a current ratio of 1.57 and a debt-to-equity ratio of 0.89.

Lennox International (NYSE:LII - Get Free Report) last released its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analyst estimates of $1.56 billion. During the same period in the previous year, the company earned $7.82 earnings per share. Lennox International's revenue was up 3.0% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, equities analysts forecast that Lennox International, Inc. will post 23.56 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LII has been the subject of several recent analyst reports. The Goldman Sachs Group decreased their target price on shares of Lennox International from $625.00 to $547.00 and set a "buy" rating for the company in a research report on Friday, July 31st. Weiss Ratings cut Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, August 11th. Royal Bank Of Canada reduced their price objective on Lennox International from $579.00 to $469.00 and set a "sector perform" rating for the company in a research report on Thursday, July 30th. William Blair reissued an "outperform" rating on shares of Lennox International in a report on Wednesday, July 29th. Finally, Morgan Stanley lowered their target price on Lennox International from $450.00 to $375.00 and set an "underweight" rating on the stock in a research report on Thursday, September 3rd. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to MarketBeat.com, Lennox International presently has an average rating of "Hold" and an average price target of $540.33.

Lennox International 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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