LII

Lennox International's stock experienced volatility in the past six months, facing a correction after reaching historic highs in early 2025. LII shares hit 52-week lows in November 2025 and March 2026 due to market reactions to a slowdown in housing starts and concerns over the R-454B refrigerant transition. In Q4 2025, Lennox reported earnings below forecasts, leading to a downgrade by some analysts. However, the company reported a 6% year-over-year revenue increase in Q1 2026, driven by the Building Climate Solutions segment, and reaffirmed its full-year adjusted earnings per share guidance. Lennox completed a share repurchase program and is entering the North American water heating market through a joint venture with Ariston Group.