Lennox International, Inc. $LII Stock: EULAV Asset Management Cuts Position

Key Points

• EULAV Asset Management cut its Lennox International stake by 17.7% in the third quarter, selling 22,168 shares and retaining 103,132 shares valued at approximately $36.6 million.
• Other institutional investors generally increased their holdings, and hedge funds and institutional investors collectively own 67.07% of Lennox International.
• Lennox reported quarterly EPS of $7.72, slightly above expectations, and issued fiscal 2026 EPS guidance of $23.00–$24.00. Analysts maintain a consensus “Hold” rating with an average price target of $483.46, while the stock recently traded near $375.87.

EULAV Asset Management lowered its stake in Lennox International, Inc. (NYSE:LII - Free Report) by 17.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 103,132 shares of the construction company's stock after selling 22,168 shares during the period. Lennox International comprises 1.3% of EULAV Asset Management's investment portfolio, making the stock its 26th biggest position. EULAV Asset Management owned approximately 0.30% of Lennox International worth $36,614,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Valley National Advisers Inc. increased its stake in shares of Lennox International by 59.9% during the third quarter. Valley National Advisers Inc. now owns 6,099 shares of the construction company's stock worth $2,165,000 after buying an additional 2,285 shares during the period. Signaturefd LLC raised its holdings in Lennox International by 6.6% in the third quarter. Signaturefd LLC now owns 531 shares of the construction company's stock valued at $189,000 after acquiring an additional 33 shares in the last quarter. Citizens Financial Group Inc. RI purchased a new position in Lennox International in the third quarter worth approximately $696,000. Yousif Capital Management LLC lifted its stake in Lennox International by 5.0% in the third quarter. Yousif Capital Management LLC now owns 3,445 shares of the construction company's stock worth $1,223,000 after acquiring an additional 165 shares during the last quarter. Finally, Sepio Capital LP lifted its stake in Lennox International by 19.1% in the third quarter. Sepio Capital LP now owns 1,966 shares of the construction company's stock worth $698,000 after acquiring an additional 315 shares during the last quarter. Hedge funds and other institutional investors own 67.07% of the company's stock.

Lennox International Price Performance

Shares of NYSE LII opened at $375.87 on Monday. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. Lennox International, Inc. has a fifty-two week low of $340.32 and a fifty-two week high of $587.27. The firm has a market capitalization of $12.99 billion, a PE ratio of 16.99, a price-to-earnings-growth ratio of 1.57 and a beta of 1.16. The stock's 50-day simple moving average is $373.95 and its 200-day simple moving average is $460.94.

Lennox International (NYSE:LII - Get Free Report) last posted its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, topping the consensus estimate of $7.67 by $0.05. The firm had revenue of $1.55 billion during 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%. The firm's revenue was up 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business earned $7.82 earnings per share. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, equities research analysts forecast that Lennox International, Inc. will post 23.27 EPS for the current fiscal year.

Lennox International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 15th. Stockholders of record on Wednesday, September 30th were given a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a dividend yield of 1.4%. The ex-dividend date was Wednesday, September 30th. Lennox International's payout ratio is currently 24.59%.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the stock. Oppenheimer dropped their price objective on shares of Lennox International from $575.00 to $548.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 14th. Morgan Stanley reduced their price objective on shares of Lennox International from $375.00 to $350.00 and set an "underweight" rating on the stock in a report on Thursday, October 15th. Deutsche Bank Aktiengesellschaft cut shares of Lennox International from a "buy" rating to a "hold" rating and decreased their price objective for the stock from $609.00 to $444.00 in a research report on Monday, September 14th. Wells Fargo & Company started coverage on shares of Lennox International in a research note on Friday, September 25th. They set an "equal weight" rating and a $424.00 target price for the company. Finally, William Blair reiterated an "outperform" rating on shares of Lennox International in a research note on Wednesday, July 29th. Four investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $483.46.

Lennox International Profile

Lennox International Inc is a heating, ventilation, air conditioning and refrigeration company headquartered in Richardson, Texas. Founded in 1895 by Dave Lennox, the company develops and markets products designed to provide climate control and improve indoor air quality in residential and commercial buildings.

Its product portfolio includes air conditioners, heat pumps, furnaces, air handlers, thermostats, indoor air-quality equipment and related controls. Lennox also provides commercial heating and cooling systems, replacement components, installation support and other services through distributors, dealers and contractors.

Lennox primarily serves customers in the United States and Canada, with products and services also marketed in selected international markets.

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