Lennox International, Inc. $LII Shares Acquired by California State Teachers Retirement System

California State Teachers Retirement System grew its holdings in Lennox International, Inc. (NYSE:LII) by 49,193.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,842,202 shares of the construction company’s stock after acquiring an additional 20,799,920 shares during the period. California State Teachers Retirement System owned about 0.60% of Lennox International worth $11,941,540,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Root Financial Partners LLC raised its holdings in shares of Lennox International by 137.9% during the first quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock worth $32,000 after purchasing an additional 40 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new stake in Lennox International in the second quarter valued at $37,000. Huntington National Bank boosted its holdings in Lennox International by 51.8% in the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after purchasing an additional 29 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in Lennox International during the 2nd quarter worth about $50,000. Finally, MUFG Securities EMEA plc acquired a new stake in Lennox International during the 2nd quarter worth about $54,000. Institutional investors and hedge funds own 67.07% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have weighed in on LII shares. Morgan Stanley decreased their price objective on Lennox International from $450.00 to $375.00 and set an “underweight” rating for the company in a report on Thursday, September 3rd. The Goldman Sachs Group lowered their target price on Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Royal Bank Of Canada dropped their target price on Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a report on Thursday, July 30th. William Blair reiterated an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Finally, Weiss Ratings downgraded Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Lennox International presently has an average rating of “Hold” and an average target price of $540.33.

Lennox International Stock Down 1.3%

LII stock opened at $385.49 on Wednesday. Lennox International, Inc. has a one year low of $371.65 and a one year high of $587.27. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. The firm’s fifty day moving average is $465.83 and its 200 day moving average is $492.92. The firm has a market cap of $13.32 billion, a PE ratio of 17.43, a P/E/G ratio of 1.54 and a beta of 1.18.

Lennox International (NYSE:LII) last issued its quarterly earnings data 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. 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 during the quarter, compared to the consensus estimate of $1.56 billion. During the same quarter in the prior year, the firm posted $7.82 earnings per share. The company’s revenue was up 3.0% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. On average, research analysts forecast that Lennox International, Inc. will post 23.56 EPS for the current year.

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.