Lennox International
About: Lennox International manufactures and distributes heating, ventilating, air conditioning, and refrigeration products to replacement (75% of sales) and new construction (25% of sales) markets. In fiscal 2024, residential HVAC was 67% of sales and commercial HVAC and Heatcraft refrigeration was 33% of sales. The company goes to market with multiple brands, but Lennox is the company's flagship HVAC brand. The Texas-based company is focused on North America after the sale of its European HVAC and refrigeration businesses in late 2023.
Employees: 14,200
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
10% more funds holding in top 10
Funds holding in top 10: 10 [Q4 2024] → 11 (+1) [Q1 2025]
1.31% more ownership
Funds ownership: 72.3% [Q4 2024] → 73.61% (+1.31%) [Q1 2025]
3% less first-time investments, than exits
New positions opened: 83 | Existing positions closed: 86
8% less repeat investments, than reductions
Existing positions increased: 219 | Existing positions reduced: 238
1% less funds holding
Funds holding: 633 [Q4 2024] → 625 (-8) [Q1 2025]
8% less capital invested
Capital invested by funds: $16B [Q4 2024] → $14.7B (-$1.31B) [Q1 2025]
54% less call options, than puts
Call options by funds: $30.7M | Put options by funds: $67M
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
UBS Damian Karas | 6%upside $676 | Neutral Maintained | 28 Jul 2025 |
Oppenheimer Noah Kaye | 14%upside $730 | Outperform Maintained | 24 Jul 2025 |
Wells Fargo Joseph O'Dea | 6%upside $675 | Underweight Maintained | 24 Jul 2025 |
Barclays Julian Mitchell | 18%upside $753 | Overweight Maintained | 24 Jul 2025 |
Baird Timothy Wojs | 4%upside $668 | Neutral Maintained | 17 Jul 2025 |
Financial journalist opinion
Based on 11 articles about LII published over the past 30 days









