Lennox International (NYSE:LII) Reaches New 52-Week Low - Here's Why

Key Points

• Lennox International shares hit a new 52-week low, falling to about $344.76 and trading roughly 3.6% lower, well below its 50-day and 200-day moving averages.
• Analyst sentiment is mixed but leans cautious: the stock has a consensus “Hold” rating, with an average price target of $522.85 after several firms lowered their targets and ratings.
• The company reported quarterly earnings of $7.72 per share, slightly beating estimates, while revenue rose 3% year over year. Lennox also declared a quarterly dividend of $1.36 per share, equal to a 1.6% annual yield.

Lennox International, Inc. (NYSE:LII - Get Free Report)'s share price reached a new 52-week low during trading on Tuesday. The stock traded as low as $344.76 and last traded at $344.4260, with a volume of 88,208 shares traded. The stock had previously closed at $356.72.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. The Goldman Sachs Group cut 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 lowered shares of Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, August 11th. 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 report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft cut shares of Lennox International from a "buy" rating to a "hold" rating and decreased their price target for the stock from $609.00 to $444.00 in a research note on Monday, September 14th. Finally, William Blair restated an "outperform" rating on shares of Lennox International in a report on Wednesday, July 29th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $522.85.

Lennox International Stock Down 3.6%

The firm has a market capitalization of $11.89 billion, a price-to-earnings ratio of 15.55, a price-to-earnings-growth ratio of 1.48 and a beta of 1.16. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 0.89. The firm has a 50 day moving average price of $386.51 and a two-hundred day moving average price of $466.84.

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, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.56 billion. During the same quarter in the previous year, the business posted $7.82 EPS. The business'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. On average, equities analysts expect that Lennox International, Inc. will post 23.44 earnings per share for the current fiscal year.

Lennox International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th will be issued a $1.36 dividend. The ex-dividend date is Wednesday, September 30th. This represents a $5.44 dividend on an annualized basis and a yield of 1.6%. Lennox International's payout ratio is currently 24.59%.

Institutional Investors Weigh In On Lennox International

Several hedge funds and other institutional investors have recently bought and sold shares of LII. N.E.W. Advisory Services LLC acquired a new stake in shares of Lennox International during the second quarter worth $37,000. Root Financial Partners LLC boosted its position in Lennox International by 137.9% during the 1st quarter. Root Financial Partners LLC now owns 69 shares of the construction company's stock valued at $32,000 after purchasing an additional 40 shares during the period. Burkett Financial Services LLC acquired a new stake in Lennox International in the third quarter worth $26,000. Global Retirement Partners LLC acquired a new stake in shares of Lennox International in the second quarter valued at approximately $50,000. Finally, Allworth Financial LP bought a new position in Lennox International in the 2nd quarter worth approximately $91,000. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

About Lennox International

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.