Oppenheimer Cuts Lennox International (LII) Price Target to $548

Oppenheimer has reiterated its Outperform rating on Lennox International Inc. (NYSE: LII) with a new price target of $548 on October 14, 2026. This is a reduction from their previous target of $575. The current market price for Lennox shares is $358.26 as of October 16, 2026, which is about 34.6% below Oppenheimer's target.

Other Institutional Activity in Lennox International

Several other institutional investors have adjusted their positions in Lennox International recently. Blackrock Inc. holds 2,975,559 shares worth approximately $1.06 billion after increasing its stake by 3,863 shares. Vanguard Capital Management LLC added 3,082 shares, bringing its total to 2,057,463 shares valued at about $735.9 million. Conversely, Capital International Investors reduced its holdings by 380,143 shares, leaving it with 2,482,381 shares worth around $887.8 million.

Lennox International Inc. Stock Down 0.3%

Lennox shares are currently trading at $358.26, which is significantly lower than the 52-week high of $575. This drop in price could present a buying opportunity for some investors, especially with Oppenheimer's target still indicating potential upside.

Recent Earnings

For the trailing twelve months, Lennox International reported revenue of approximately $5.3 billion and earnings per share (EPS) of $22.52. The company's return on equity (ROE) stands at an impressive 71.8%, with a net margin of 14.9%. Their next earnings report is scheduled for October 28, 2026.

Insider Buying and Selling at Lennox International Inc.

In recent insider transactions, several executives have sold shares. On February 4, 2026, Officer Chris A Kosel sold 254 shares at an average price of $536.50, totaling $136,271. Director Todd J Teske sold 700 shares at $533.45 for a total of $373,415 on the same day. Additionally, Director Shane D. Wall sold 100 shares at $540.01, worth $54,001, on February 25, 2026.

Analysts Set New Price Targets

On October 14, 2026, Goldman Sachs downgraded its rating for Lennox International to Neutral with a target of $390, down from $547. RBC Capital also maintained its Sector Perform rating with a target of $406, while Wells Fargo initiated coverage with an Equal-Weight rating and a target of $424.

About Lennox International

Lennox International Inc. designs and manufactures products for heating, ventilation, air conditioning, and refrigeration. Based in Richardson, Texas, the company serves customers in the U.S., Canada, and around the world. This analyst call comes amid a broader trend of mixed ratings from Wall Street.

Bottom Line

Investors should keep an eye on Lennox International's upcoming earnings report on October 28, 2026, as well as any further analyst updates. Oppenheimer's reiterated rating suggests confidence in the company's potential despite the recent downgrades from other firms.