Morgan Stanley Issues Pessimistic Forecast for Lennox International (NYSE:LII) Stock Price

Lennox International (NYSE:LII) had its target price cut by stock analysts at Morgan Stanley from $475.00 to $450.00 in a report issued on Monday,Benzinga reports. The firm currently has an “underweight” rating on the construction company’s stock. Morgan Stanley’s target price suggests a potential downside of 11.54% from the company’s current price.

Other equities analysts have also issued research reports about the stock. Wolfe Research raised shares of Lennox International from an “underperform” rating to a “peer perform” rating in a report on Thursday, November 13th. Weiss Ratings restated a “hold (c+)” rating on shares of Lennox International in a research report on Thursday, January 22nd. Barclays cut their price objective on Lennox International from $680.00 to $667.00 and set an “overweight” rating for the company in a report on Wednesday, January 7th. Royal Bank Of Canada decreased their price objective on Lennox International from $563.00 to $534.00 and set a “sector perform” rating on the stock in a report on Thursday, January 29th. Finally, JPMorgan Chase & Co. upped their target price on Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a research note on Friday, January 16th. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $593.00.

Lennox International Price Performance

Lennox International stock opened at $508.71 on Monday. The stock has a market cap of $17.84 billion, a price-to-earnings ratio of 22.87, a PEG ratio of 1.91 and a beta of 1.18. The company has a quick ratio of 0.63, a current ratio of 1.60 and a debt-to-equity ratio of 0.98. The business has a 50-day simple moving average of $503.96 and a 200 day simple moving average of $530.86. Lennox International has a 52 week low of $443.19 and a 52 week high of $689.44.

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

Insider Buying and Selling

In other Lennox International news, Director Todd J. Teske sold 600 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $491.85, for a total transaction of $295,110.00. Following the completion of the sale, the director owned 7,581 shares of the company’s stock, valued at $3,728,714.85. This represents a 7.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 10.40% of the stock is owned by corporate insiders.

Institutional Trading of Lennox International

A number of institutional investors have recently modified their holdings of the company. Regency Capital Management Inc. DE purchased a new stake in Lennox International in the 2nd quarter worth approximately $2,723,000. KLP Kapitalforvaltning AS raised its holdings in shares of Lennox International by 1.9% during the second quarter. KLP Kapitalforvaltning AS now owns 10,600 shares of the construction company’s stock valued at $6,088,000 after acquiring an additional 200 shares in the last quarter. New York State Teachers Retirement System lifted its stake in Lennox International by 0.3% in the second quarter. New York State Teachers Retirement System now owns 31,831 shares of the construction company’s stock worth $18,247,000 after acquiring an additional 101 shares during the period. Applied Finance Capital Management LLC bought a new stake in Lennox International in the second quarter valued at $508,000. Finally, Whittier Trust Co. increased its position in Lennox International by 125.0% during 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. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

About Lennox International

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.