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Investing.com - Oppenheimer raised its price target on Lennox International (NYSE:LII) to $730.00 from $650.00 on Thursday, while maintaining an Outperform rating on the stock. The HVAC giant, currently trading at $660.80 with a market capitalization of $23.45 billion, appears overvalued according to InvestingPro analysis.
The price target increase follows Lennox International’s second-quarter 2025 results, which exceeded consensus estimates for both revenue and earnings. The company also raised its full-year guidance, causing its shares to trade higher on Wednesday. InvestingPro data shows strong momentum, with the stock delivering an impressive 8% return in the past week alone. Seven analysts have recently revised their earnings estimates upward for the upcoming period.
Oppenheimer noted that price/mix and productivity improvements were the primary drivers behind Lennox’s margin outperformance in the quarter. The firm believes the company’s outlook appropriately accounts for comparable periods and current end-market dynamics.
The research firm highlighted Lennox’s inventory position exiting the second quarter as potentially beneficial for both product availability and cost management. This position could help address near-term volume outlook concerns.
Looking ahead to fiscal year 2026, Oppenheimer expects Lennox to experience accelerated topline growth driven by price/mix rollover, favorable volume comparisons, and strategic initiatives including ER, the Samsung (KS:005930) joint venture, and distribution excellence, which could add 50-100 basis points to growth. The company has demonstrated solid financial health with revenue growth of 7.78% and maintains a strong dividend track record. For deeper insights into Lennox’s growth potential and comprehensive analysis, access the full Pro Research Report available on InvestingPro.
In other recent news, Lennox International Inc. reported strong earnings results for the second quarter of 2025. The company achieved an adjusted earnings per share (EPS) of $7.82, surpassing analysts’ expectations of $6.86. This represented a 13.99% positive surprise for investors. Lennox also reported revenue figures that exceeded projections, with a total of 1.5 billion dollars compared to the forecasted 1.47 billion dollars. These results highlight a robust performance for the quarter. Additionally, the positive financial outcomes reflect optimistic guidance from the company. Analyst firms have noted the strong performance, though no specific upgrades or downgrades were mentioned. Investors are likely to view these developments as favorable indicators of Lennox’s financial health.
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