Lennox International, Inc. $LII Shares Sold by New York State Teachers Retirement System

Key Points

• New York State Teachers Retirement System trimmed its Lennox stake by 6.8% in Q4 (sold 1,960 shares), now owning 26,765 shares worth about $13.0M, while institutional investors hold roughly 67.07% of the company.
• Lennox beat quarterly expectations with $3.35 EPS vs. $3.16 expected and $1.14B revenue vs. $1.07B expected, and set FY2026 guidance of $23.50–$25.00 EPS (analysts forecast ~24.25 EPS).
• Analyst sentiment has firmed with upgrades and higher targets—Vertical Research upgraded to Buy with a $600 target and RBC/Wells Fargo raised targets—though the consensus rating remains "Hold" with an average target of $575.46.

New York State Teachers Retirement System lowered its holdings in shares of Lennox International, Inc. (NYSE:LII - Free Report) by 6.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,765 shares of the construction company's stock after selling 1,960 shares during the period. New York State Teachers Retirement System owned 0.08% of Lennox International worth $12,997,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the business. Ameriprise Financial Inc. boosted its stake in Lennox International by 18.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 85,096 shares of the construction company's stock worth $45,043,000 after purchasing an additional 13,281 shares during the period. BNP Paribas Financial Markets lifted its position in Lennox International by 3.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 67,766 shares of the construction company's stock worth $35,873,000 after acquiring an additional 2,276 shares during the period. Sumitomo Mitsui Trust Group Inc. lifted its position in Lennox International by 0.7% during the 3rd quarter. Sumitomo Mitsui Trust Group Inc. now owns 66,080 shares of the construction company's stock worth $34,980,000 after acquiring an additional 488 shares during the period. SG Americas Securities LLC lifted its position in Lennox International by 55.6% during the 3rd quarter. SG Americas Securities LLC now owns 49,456 shares of the construction company's stock worth $26,180,000 after acquiring an additional 17,673 shares during the period. Finally, California State Teachers Retirement System lifted its position in Lennox International by 6.1% during the 2nd quarter. California State Teachers Retirement System now owns 48,533 shares of the construction company's stock worth $27,821,000 after acquiring an additional 2,785 shares during the period. Institutional investors and hedge funds own 67.07% of the company's stock.

Insiders Place Their Bets

In other Lennox International news, CAO Chris Kosel sold 254 shares of Lennox International stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $536.50, for a total transaction of $136,271.00. Following the completion of the transaction, the chief accounting officer owned 1,090 shares in the company, valued at approximately $584,785. The trade was a 18.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Shane D. Wall sold 100 shares of the business's stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $540.01, for a total value of $54,001.00. Following the completion of the transaction, the director directly owned 2,205 shares of the company's stock, valued at approximately $1,190,722.05. This trade represents a 4.34% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,054 shares of company stock worth $563,687. Insiders own 9.80% of the company's stock.

Lennox International Stock Up 0.3%

Shares of NYSE LII opened at $527.99 on Monday. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.94. Lennox International, Inc. has a 52 week low of $434.06 and a 52 week high of $689.44. The firm has a 50-day moving average price of $498.07 and a 200 day moving average price of $502.81. The stock has a market capitalization of $18.37 billion, a price-to-earnings ratio of 23.76, a price-to-earnings-growth ratio of 2.02 and a beta of 1.22.

Lennox International (NYSE:LII - Get Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The construction company reported $3.35 EPS for the quarter, beating the consensus estimate of $3.16 by $0.19. Lennox International had a net margin of 14.89% and a return on equity of 73.27%. The firm had revenue of $1.14 billion during the quarter, compared to analysts' expectations of $1.07 billion. During the same quarter last year, the business earned $3.63 earnings per share. The business's revenue for the quarter was up 5.8% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Equities research analysts anticipate that Lennox International, Inc. will post 24.25 EPS for the current fiscal year.

Lennox International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st were issued a dividend of $1.30 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $5.20 annualized dividend and a yield of 1.0%. Lennox International's payout ratio is currently 23.40%.

Lennox International News Summary

Here are the key news stories impacting Lennox International this week:

• Positive Sentiment: Vertical Research upgraded LII from "hold" to "buy" and set a $600 price target (roughly +13.6% from the current price), signaling conviction on outperformance. Zacks.com
• Positive Sentiment: Royal Bank of Canada raised its price target to $579 (from $485) while keeping a "sector perform" rating — a material lift in valuation reference and a vote of confidence after the quarter. TickerReport
• Positive Sentiment: Wells Fargo raised its target to $555 (from $480) and kept an "equal weight" view, increasing analyst-implied upside. Benzinga
• Neutral Sentiment: Barclays trimmed its target slightly to $597 from $600 but maintained an "overweight" rating — a negligible cut that leaves a bullish stance intact. Benzinga
• Neutral Sentiment: A market commentary piece highlights Lennox’s growth context within S&P 500 trends — useful background but not a direct catalyst. Kalkine Media

Analysts Set New Price Targets

A number of research firms have weighed in on LII. UBS Group began coverage on Lennox International in a research report on Monday, January 5th. They set a "neutral" rating and a $530.00 price objective for the company. JPMorgan Chase & Co. increased their price objective on Lennox International from $493.00 to $541.00 and gave the stock an "underweight" rating in a research report on Friday, January 16th. Wall Street Zen raised Lennox International from a "sell" rating to a "hold" rating in a research report on Saturday, March 7th. Royal Bank Of Canada raised their target price on shares of Lennox International from $485.00 to $579.00 and gave the stock a "sector perform" rating in a research note on Thursday. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Lennox International in a research note on Thursday, January 22nd. Five equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, Lennox International presently has a consensus rating of "Hold" and an average target price of $575.46.

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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