Lennox International (NYSE:LII) Hits New 52-Week Low - What's Next?

Key Points

• Lennox International shares fell to a new 52-week low of $407.94, well below their 50-day and 200-day moving averages of approximately $512 and $509.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $546.58; recent target changes ranged from $469 to $597.
• The company slightly beat quarterly EPS expectations and reported 3% year-over-year revenue growth, while raising its quarterly dividend to $1.36 per share, or a 1.3% annual yield.

Lennox International, Inc. (NYSE:LII - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as $407.94 and last traded at $412.7450, with a volume of 13049 shares changing hands. The stock had previously closed at $416.13.

Analysts Set New Price Targets

Several research firms have weighed in on LII. William Blair reiterated an "outperform" rating on shares of Lennox International in a report on Wednesday, July 29th. Weiss Ratings cut Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. Wells Fargo & Company upped their target price on Lennox International from $480.00 to $555.00 and gave the company an "equal weight" rating in a report on Thursday, April 30th. Barclays dropped their price target on Lennox International from $600.00 to $597.00 and set an "overweight" rating for the company in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada dropped their target price on shares of 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. Five equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $546.58.

Lennox International Price Performance

The firm has a market cap of $14.22 billion, a P/E ratio of 18.58, a price-to-earnings-growth ratio of 1.66 and a beta of 1.19. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 0.77. The firm's 50 day moving average is $511.68 and its 200 day moving average is $508.53.

Lennox International (NYSE:LII - Get Free Report) last announced its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, beating analysts' consensus estimates of $7.67 by $0.05. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. The business had revenue of $1.55 billion during the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter last year, the firm earned $7.82 earnings per share. The business's revenue for the quarter was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, analysts anticipate that Lennox International, Inc. will post 23.69 earnings per share for the current year.

Lennox International Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th were given a dividend of $1.36 per share. This is a boost from Lennox International's previous quarterly dividend of $1.30. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $5.44 dividend on an annualized basis and a yield of 1.3%. Lennox International's dividend payout ratio is 24.59%.

Institutional Investors Weigh In On Lennox International

Several hedge funds have recently added to or reduced their stakes in LII. Root Financial Partners LLC grew its stake in shares of Lennox International by 137.9% in the first quarter. Root Financial Partners LLC now owns 69 shares of the construction company's stock worth $32,000 after acquiring an additional 40 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new position in shares of Lennox International in the 2nd quarter worth about $37,000. Huntington National Bank raised its position in shares of Lennox International by 51.8% in the 4th quarter. Huntington National Bank now owns 85 shares of the construction company's stock worth $41,000 after purchasing an additional 29 shares during the last quarter. Global Retirement Partners LLC bought a new position in Lennox International in the 2nd quarter worth about $50,000. Finally, MUFG Securities EMEA plc bought a new position in Lennox International in the 2nd quarter worth about $54,000. 67.07% of the stock is owned by institutional investors.

About Lennox International

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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