Wolfe Research Issues Positive Estimate for LII Earnings

Key Points

• Wolfe Research raised its Q2 2026 EPS estimate for Lennox to $7.44 (from $7.20) and issued higher multi‑quarter forecasts, while the consensus full‑year EPS is $24.36.
• Lennox recently beat Q1 expectations—EPS $3.35 vs. $3.16 expected and revenue $1.14B vs. $1.07B—and set FY2026 guidance of $23.50–$25.00 EPS.
• Analysts' consensus rating is Hold with a $575.46 target; the stock trades around $522 (1‑yr range $434–$689) and pays a $1.30 quarterly dividend ($5.20 annual, ~1.0% yield).

Lennox International, Inc. (NYSE:LII - Free Report) - Investment analysts at Wolfe Research lifted their Q2 2026 earnings per share (EPS) estimates for shares of Lennox International in a report issued on Wednesday, April 29th. Wolfe Research analyst N. Coe now expects that the construction company will earn $7.44 per share for the quarter, up from their prior forecast of $7.20. The consensus estimate for Lennox International's current full-year earnings is $24.36 per share. Wolfe Research also issued estimates for Lennox International's Q3 2026 earnings at $7.61 EPS, Q1 2027 earnings at $4.42 EPS, Q2 2027 earnings at $7.92 EPS and Q3 2027 earnings at $8.01 EPS.

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

A number of other analysts have also recently issued reports on LII. Oppenheimer lifted their price objective on Lennox International from $630.00 to $645.00 and gave the company an "outperform" rating in a research report on Thursday, March 5th. BNP Paribas Exane began coverage on Lennox International in a research note on Tuesday, April 14th. They set a "neutral" rating and a $535.00 price target for the company. Weiss Ratings reiterated a "hold (c+)" rating on shares of Lennox International in a report on Thursday, January 22nd. William Blair reissued an "outperform" rating on shares of Lennox International in a research note on Thursday, March 5th. Finally, Royal Bank Of Canada increased their price objective on Lennox International from $485.00 to $579.00 and gave the stock a "sector perform" rating in a report on Thursday, April 30th. Five 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 company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $575.46.

Lennox International Trading Up 1.4%

NYSE LII opened at $522.26 on Wednesday. Lennox International has a 1-year low of $434.06 and a 1-year high of $689.44. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $18.17 billion, a PE ratio of 23.50, a price-to-earnings-growth ratio of 1.97 and a beta of 1.22. The firm's fifty day simple moving average is $497.29 and its 200-day simple moving average is $502.77.

Institutional Investors Weigh In On Lennox International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Ameriprise Financial Inc. grew its holdings in Lennox International by 296.0% during the second quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company's stock valued at $41,168,000 after purchasing an additional 53,679 shares during the last quarter. Tudor Investment Corp ET AL bought a new stake in shares of Lennox International during the 3rd quarter worth $20,847,000. Campbell Newman Asset Management Inc. bought a new stake in shares of Lennox International during the 1st quarter worth $17,555,000. SG Americas Securities LLC grew its stake in Lennox International by 78.0% in the 1st quarter. SG Americas Securities LLC now owns 56,797 shares of the construction company's stock valued at $26,361,000 after buying an additional 24,893 shares during the last quarter. Finally, Bank of New York Mellon Corp raised its holdings in Lennox International by 10.2% in the 4th quarter. Bank of New York Mellon Corp now owns 203,539 shares of the construction company's stock worth $98,835,000 after acquiring an additional 18,901 shares during the period. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Shane D. Wall sold 100 shares of the company's stock in a transaction dated 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 sale, the director owned 2,205 shares in the company, valued at approximately $1,190,722.05. This represents a 4.34% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 9.80% of the company's stock.

Lennox International Dividend Announcement

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