Royal Bank of Canada cuts target for Lennox stock to USD 406.00

Published on 10/15/2026 at 22:17 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter net income reached USD 269.0 million in 2026. Lennox stock costs EUR 319.20 on October 15, 2026 at Lang & Schwarz.

Analyst target and valuation

Royal Bank of Canada lowered its Lennox target from USD 469.00 to USD 406.00 on October 14, 2026.
Lennox reported USD 269.0 million in second-quarter net income for 2026.
Lennox stock was trading at EUR 319.20 at Lang & Schwarz on October 15, 2026 at 10:14 p.m. CEST.
Lennox had a USD 12.4 billion market capitalization and a P/E ratio of 16.22 on October 15, 2026.

Lennox, US5261071071, Illustration mit AI erstellt.

Royal Bank of Canada lowered its Lennox International price target from USD 469.00 to USD 406.00 on October 14, 2026, while keeping a sector perform rating, according to MarketBeat. The target is 13.28 percent above the USD 358.40 primary-exchange price. Lennox stock was trading at EUR 319.20 at Lang & Schwarz on October 15, 2026 at 10:14 p.m. CEST.

Target cut changes the valuation lens

The RBC revision adds to a series of cautious analyst actions around Lennox. MarketBeat reported that the company had a consensus Hold rating, with 11 Holds, four Buys and two Sells on October 14, 2026.

The target reduction leaves the USD 406.00 objective above the NYSE price, but the gap is narrower than before. For investors, that makes the distance to the latest analyst view more relevant than the target level alone.

Second-quarter profit reached USD 269.0 million

Lennox reported USD 1.55 billion in revenue and USD 269.0 million in net income for the second quarter of 2026, according to Markets Insider. The same report said revenue was USD 1.55 billion in the comparable quarter and net profit was USD 277.6 million, putting the latest profit USD 8.6 million lower year over year.

The quarter produced diluted earnings per share of USD 7.72, while analysts had expected USD 7.67, according to MarketBeat.

Price position and trading range

On the NYSE, Lennox was last at USD 358.40 on October 15, 2026 at 3:59 p.m. ET. Its 52-week range was USD 340.32 to USD 587.27, placing the latest primary-exchange price USD 18.08 above the low and USD 228.87 below the high.

Trading volume stood at 697,577 shares against an average of 520,259 shares on October 15, 2026. The euro quotation at Lang & Schwarz was EUR 319.20 at 10:14 p.m. CEST.

Valuation and peer comparison

Lennox had a market capitalization of USD 12.4 billion, a P/E ratio of 16.22 and a trailing dividend yield of 0.01 percent on October 15, 2026. The valuation sits below the P/E ratios reported for Trane Technologies and Carrier Global on the same date.

Comparison with peers

Lennox: P/E 16.22, market capitalization USD 12.4 billion.

Trane Technologies (NYSE, USD): minus 3.00 percent, P/E 34.63, market capitalization USD 100.6 billion.

Carrier Global (NYSE, USD): plus 1.33 percent, P/E 38.16, market capitalization USD 45.3 billion.

Trading view for investors

The latest analyst revision and the second-quarter profit comparison frame Lennox as a stock where earnings delivery and valuation now need to be read together. The company operates in residential and commercial heating, ventilation, air conditioning and refrigeration, with its primary listing on the NYSE.

The further course of trading is shown by the continuously updated real-time quote of Lennox stock.