Wolfe Research Has Strong Forecast for LII FY2026 Earnings

Key Points

• Wolfe Research raised FY2026 EPS to $24.18 (from $23.98) and issued multi-year EPS forecasts through FY2030 (FY2030 at $36.11); Lennox's own FY2026 guidance is $23.50–$25.00 and consensus is $24.25.
• Lennox beat April quarter expectations, reporting $3.35 EPS versus $3.16 estimate and $1.14B revenue versus $1.07B, with revenue up 5.8% year-over-year and strong profitability metrics (net margin 14.89%, ROE 73.27%).
• The stock has a consensus "Hold" rating with a $575.46 price target (5 Buys, 10 Holds, 2 Sells), a $17.95B market cap, P/E of 23.2 and a 1.0% dividend yield.

Lennox International, Inc. (NYSE:LII - Free Report) - Stock analysts at Wolfe Research increased their FY2026 EPS estimates for Lennox International in a research report issued on Wednesday, April 29th. Wolfe Research analyst N. Coe now expects that the construction company will earn $24.18 per share for the year, up from their previous estimate of $23.98. The consensus estimate for Lennox International's current full-year earnings is $24.25 per share. Wolfe Research also issued estimates for Lennox International's Q4 2026 earnings at $5.78 EPS, Q4 2027 earnings at $6.38 EPS, FY2027 earnings at $26.71 EPS, FY2028 earnings at $29.65 EPS, FY2029 earnings at $32.73 EPS and FY2030 earnings at $36.11 EPS.

Several other equities analysts also recently issued reports on the stock. Wall Street Zen upgraded shares of Lennox International from a "sell" rating to a "hold" rating in a report on Saturday, March 7th. BNP Paribas Exane began coverage on shares of Lennox International in a report on Tuesday, April 14th. They set a "neutral" rating and a $535.00 price objective on the stock. Oppenheimer upped their price objective on shares of Lennox International from $630.00 to $645.00 and gave the company an "outperform" rating in a report on Thursday, March 5th. Vertical Research upgraded shares of Lennox International from a "hold" rating to a "buy" rating and set a $600.00 price objective on the stock in a report on Thursday, April 30th. Finally, JPMorgan Chase & Co. upped their price objective on shares of Lennox International from $493.00 to $541.00 and gave the company an "underweight" rating in a report on Friday, January 16th. Five investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $575.46.

Lennox International Stock Performance

LII opened at $515.46 on Tuesday. Lennox International has a 52-week low of $434.06 and a 52-week high of $689.44. The company has a quick ratio of 0.64, a current ratio of 1.57 and a debt-to-equity ratio of 0.94. The company has a market cap of $17.95 billion, a P/E ratio of 23.20, a price-to-earnings-growth ratio of 2.02 and a beta of 1.22. The firm's 50-day moving average price is $498.07 and its 200-day moving average price is $502.81.

Lennox International (NYSE:LII - Get Free Report) last posted its quarterly earnings data on Wednesday, April 29th. The construction company reported $3.35 earnings per share (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 for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the company posted $3.63 earnings per share. The company'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.

Institutional Investors Weigh In On Lennox International

Several hedge funds have recently bought and sold shares of LII. Root Financial Partners LLC purchased a new stake in Lennox International in the 3rd quarter worth approximately $28,000. Huntington National Bank boosted its position in 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 in the last quarter. Covestor Ltd boosted its position in Lennox International by 217.2% in the 3rd quarter. Covestor Ltd now owns 92 shares of the construction company's stock worth $48,000 after purchasing an additional 63 shares in the last quarter. MUFG Securities EMEA plc purchased a new stake in Lennox International in the 2nd quarter worth approximately $54,000. Finally, Bessemer Group Inc. boosted its position in Lennox International by 52.8% in the 3rd quarter. Bessemer Group Inc. now owns 110 shares of the construction company's stock worth $59,000 after purchasing an additional 38 shares in the last quarter. Hedge funds and other institutional investors own 67.07% of the company's stock.

Insider Buying and Selling

In related news, Director Todd J. Teske sold 700 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $533.45, for a total value of $373,415.00. Following the transaction, the director owned 6,881 shares in the company, valued at approximately $3,670,669.45. This represents a 9.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Shane D. Wall sold 100 shares of the stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $540.01, for a total transaction of $54,001.00. Following the completion of the transaction, the director owned 2,205 shares in the company, valued at approximately $1,190,722.05. This trade represents a 4.34% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,054 shares of company stock worth $563,687. 9.80% of the stock is owned by company insiders.

Lennox International Dividend Announcement

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

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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