Wells Fargo has upgraded Lennox International Inc (LII) to Equal-Weight from Underweight, a move that underscores a more optimistic view on the company's prospects. This change, effective October 5, 2025, comes as Lennox's current stock price stands at $463.92.
Lennox International, headquartered in Richardson, Texas, specializes in designing, manufacturing, and marketing products for heating, ventilation, air conditioning, and refrigeration. The company operates in two primary segments: Home Comfort Solutions and Building Climate Solutions. It employs approximately 14,200 full-time staff and boasts a market capitalization of $15.8 billion, with a trailing P/E ratio of 18.78 and an EPS of 23.69.
The upgrade may reflect improved fundamentals or enhanced confidence in Lennox's strategic direction. Analysts note that the company's upcoming earnings report, scheduled for July 21, 2026, is projected to yield an EPS of $7.97 on revenues of $1.6 billion, following a strong performance in Q3 2025 where EPS came in at $6.98, exceeding estimates by 1.5%.
As analyst ratings can shift with new information, investors are reminded that these assessments should be considered alongside company fundamentals and broader industry trends. Analyst opinions are just one of many factors influencing investment decisions.