Lennox International (NYSE:LII) Cut to Equal Weight at Stephens

Posted by Brian Himes on Nov 1st, 2026

Stephens lowered shares of Lennox International (NYSE:LII – Free Report) from an overweight rating to an equal weight rating in a research note issued to investors on Thursday, MarketBeat reports. They currently have $350.00 price objective on the construction company’s stock.

LII has been the topic of a number of other research reports. Royal Bank Of Canada decreased their price objective on shares of Lennox International from $469.00 to $406.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 14th. Mizuho set a $350.00 target price on shares of Lennox International in a report on Thursday. Weiss Ratings cut Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, August 11th. Deutsche Bank Aktiengesellschaft downgraded Lennox International from a “buy” rating to a “hold” rating and reduced their price target for the company from $609.00 to $444.00 in a report on Monday, September 14th. Finally, Morgan Stanley lowered their price target on Lennox International from $375.00 to $350.00 and set an “underweight” rating for the company in a research report on Thursday, October 15th. Three equities research analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have issued 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 $444.85.

Get Our Latest Research Report on LII

Lennox International Stock Down 1.2%

Shares of NYSE:LII opened at $344.09 on Thursday. Lennox International has a 52-week low of $322.00 and a 52-week high of $587.27. The firm has a fifty day moving average of $368.34 and a 200 day moving average of $472.06. The firm has a market capitalization of $11.77 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 1.58 and a beta of 1.16. The company has a debt-to-equity ratio of 0.64, a quick ratio of 0.77 and a current ratio of 1.21.

Lennox International (NYSE:LII – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The construction company reported $6.84 EPS for the quarter, missing the consensus estimate of $7.29 by ($0.45). The business had revenue of $1.57 billion for the quarter, compared to analysts’ expectations of $1.57 billion. Lennox International had a return on equity of 62.34% and a net margin of 13.77%. The company’s revenue was up 10.2% compared to the same quarter last year. During the same period last year, the business posted $6.98 earnings per share. As a group, research analysts anticipate that Lennox International will post 21.37 EPS for the current fiscal year.

Lennox International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 15th. Investors of record on Wednesday, September 30th were given a dividend of $1.36 per share. The ex-dividend date was Wednesday, September 30th. This represents a $5.44 annualized dividend and a dividend yield of 1.6%. Lennox International’s payout ratio is currently 25.24%.

Institutional Trading of Lennox International

A number of hedge funds have recently modified their holdings of the business. Chicago Partners Investment Group LLC bought a new position in shares of Lennox International during the third quarter valued at $269,000. Greenleaf Trust increased its stake in Lennox International by 34.9% in the 3rd quarter. Greenleaf Trust now owns 739 shares of the construction company’s stock worth $262,000 after buying an additional 191 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Lennox International during the third quarter valued at about $3,092,000. ProShare Advisors LLC lifted its position in shares of Lennox International by 12.0% in the third quarter. ProShare Advisors LLC now owns 5,492 shares of the construction company’s stock valued at $1,950,000 after acquiring an additional 589 shares in the last quarter. Finally, Vise Technologies Inc. lifted its position in shares of Lennox International by 416.6% in the third quarter. Vise Technologies Inc. now owns 4,536 shares of the construction company’s stock valued at $1,610,000 after acquiring an additional 3,658 shares in the last quarter. Institutional investors own 67.07% of the company’s stock.

Lennox International News Roundup

Here are the key news stories impacting Lennox International this week:

Positive Sentiment: Third-quarter revenue increased 10.2% year over year to approximately $1.57 billion, while the Building Climate Solutions segment grew 24%, supporting commercial-market expansion. Lennox: 3 Key Takeaways for Long-Term Investors
Positive Sentiment: Lennox added smart thermostat energy-saving services, which could strengthen its connected-home offering and create additional recurring-service opportunities. Lennox International Adds Smart Thermostat Energy Saving Services
Neutral Sentiment: BNP Paribas Exane lowered its price target from $450 to $350 and assigned a neutral rating. RBC also cut its target from $406 to $378 while maintaining a sector-perform view, indicating analysts see limited near-term upside despite the lower share price. BNP Paribas Exane Lennox Rating
Negative Sentiment: Lennox reported adjusted earnings of $6.84 per share, below the $7.29 analyst consensus and down from $6.98 a year earlier. The earnings miss, along with lower guidance and margin pressure, weakened investor confidence. Lennox Downgraded at Oppenheimer
Negative Sentiment: Oppenheimer downgraded LII to perform from outperform, while Stephens moved to equal weight and Wells Fargo cut its target from $424 to $355. Analysts cited inflation, competition and a slower-than-expected recovery, contributing to the stock’s move below its 50-day moving average and new one-year low. Lennox Stock Price Crosses Below 50-Day Moving Average

Lennox International Company Profile

(Get Free Report)

Lennox International Inc is a heating, ventilation, air conditioning and refrigeration company headquartered in Richardson, Texas. Founded in 1895 by Dave Lennox, the company develops and markets products designed to provide climate control and improve indoor air quality in residential and commercial buildings.

Its product portfolio includes air conditioners, heat pumps, furnaces, air handlers, thermostats, indoor air-quality equipment and related controls. Lennox also provides commercial heating and cooling systems, replacement components, installation support and other services through distributors, dealers and contractors.

Lennox primarily serves customers in the United States and Canada, with products and services also marketed in selected international markets.