Morgan Stanley Lowers Lennox International (NYSE:LII) Price Target to $450.00

Lennox International (NYSE:LII) had its price objective dropped by research analysts at Morgan Stanley from $475.00 to $450.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has an “underweight” rating on the construction company’s stock. Morgan Stanley’s price target would indicate a potential downside of 9.13% from the company’s previous close.

Several other research firms also recently weighed in on LII. Barclays dropped their target price on shares of Lennox International from $680.00 to $667.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 7th. Wolfe Research raised shares of Lennox International from an “underperform” rating to a “peer perform” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. lifted their price target on Lennox International from $493.00 to $541.00 and gave the company an “underweight” rating in a report on Friday, January 16th. Wells Fargo & Company lowered their target price on Lennox International from $525.00 to $520.00 and set an “equal weight” rating on the stock in a research note on Thursday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Lennox International in a research report on Thursday, January 22nd. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, Lennox International presently has a consensus rating of “Hold” and a consensus target price of $593.00.

Lennox International Price Performance

Shares of NYSE LII traded up $0.16 during trading on Monday, hitting $495.24. The company had a trading volume of 228,020 shares, compared to its average volume of 491,749. Lennox International has a 52 week low of $443.19 and a 52 week high of $689.44. The business’s 50-day moving average is $502.88 and its 200 day moving average is $532.40. The company has a market cap of $17.37 billion, a P/E ratio of 22.29, a PEG ratio of 1.89 and a beta of 1.18. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.63 and a current ratio of 1.60.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, January 28th. The construction company reported $4.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.76 by ($0.31). Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the firm earned $5.60 earnings per share. The business’s revenue was down 11.2% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Equities research analysts predict that Lennox International will post 22.94 earnings per share for the current fiscal year.

Insider Transactions at Lennox International

In related news, Director Todd J. Teske sold 600 shares of Lennox International stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $491.85, for a total value of $295,110.00. Following the transaction, the director owned 7,581 shares in the company, valued at $3,728,714.85. This trade represents a 7.33% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 9.73% of the company’s stock.

Hedge Funds Weigh In On Lennox International

A number of institutional investors have recently made changes to their positions in LII. AdvisorShares Investments LLC bought a new stake in Lennox International during the 2nd quarter valued at approximately $25,000. Root Financial Partners LLC bought a new position in Lennox International during the third quarter worth $28,000. Whittier Trust Co. boosted its holdings in Lennox International by 125.0% in the 2nd quarter. Whittier Trust Co. now owns 81 shares of the construction company’s stock valued at $46,000 after purchasing an additional 45 shares during the period. Covestor Ltd increased its holdings in shares of Lennox International by 217.2% during the 3rd quarter. Covestor Ltd now owns 92 shares of the construction company’s stock worth $48,000 after purchasing an additional 63 shares during the period. Finally, MUFG Securities EMEA plc acquired a new position in shares of Lennox International during the second quarter valued at about $54,000. 67.07% of the stock is currently owned by institutional investors.

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.