Lennox International (NYSE:LII) Sets New 12-Month Low – Here’s What Happened

Shares of Lennox International, Inc. (NYSE:LII) hit a new 52-week low on Tuesday. The stock traded as low as $344.76 and last traded at $344.4260, with a volume of 88,208 shares trading hands. The stock had previously closed at $356.72.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. William Blair reissued an “outperform” rating on shares of Lennox International in a research note on Wednesday, July 29th. Morgan Stanley reduced their price target on shares of Lennox International from $450.00 to $375.00 and set an “underweight” rating for the company in a research report on Thursday, September 3rd. Royal Bank Of Canada lowered their price objective on shares of Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 30th. The Goldman Sachs Group reduced their target price on Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, Weiss Ratings cut Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Lennox International presently has an average rating of “Hold” and a consensus target price of $522.85.

Lennox International Trading Down 3.6%

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 company has a market cap of $11.89 billion, a PE ratio of 15.55, a P/E/G ratio of 1.48 and a beta of 1.16. The business’s 50-day simple moving average is $386.51 and its 200-day simple moving average is $466.84.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, topping analysts’ consensus estimates of $7.67 by $0.05. The business had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.56 billion. Lennox International had a net margin of 14.61% and a return on equity of 66.42%. Lennox International’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same period in the prior year, the business posted $7.82 earnings per share. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. As a group, analysts expect that Lennox International, Inc. will post 23.44 EPS for the current fiscal year.

Lennox International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 15th. Investors of record on Wednesday, September 30th will be paid a $1.36 dividend. The ex-dividend date of this dividend is Wednesday, September 30th. This represents a $5.44 annualized dividend and a dividend yield of 1.6%. Lennox International’s payout ratio is presently 24.59%.

Hedge Funds Weigh In On Lennox International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in Lennox International in the second quarter valued at approximately $1,704,846,000. Beacon Pointe Advisors LLC acquired a new position in shares of Lennox International during the 2nd quarter worth $239,217,000. Bank of America Corp DE bought a new position in shares of Lennox International during the 2nd quarter valued at $196,075,000. Deutsche Bank AG bought a new position in shares of Lennox International during the 2nd quarter valued at $159,181,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in shares of Lennox International by 3.2% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 240,782 shares of the construction company’s stock valued at $137,956,000 after purchasing an additional 7,397 shares in the last quarter. Institutional investors own 67.07% of the company’s stock.

Lennox International Company Profile

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.