LII — S&P 500 index addition

Lennox International (LII) entered the S&P 500 at the close on Oct 1, 2024, replacing Catalent. The recorded announcement came 4 calendar days before the effective close, on Sep 27, 2024. The company is classified in Industrials in this dataset.

In the 30 calendar days leading into the effective close, LII moved +7.9%. The median 30-day run-up among the 25 S&P 500 entries with a recorded announcement and prices for that interval was +16.9%; this stock was 9.0 percentage points below that median. Measured from the effective close, LII returned 1W: +0.8% versus +0.3% for the 28-entry index median; 1M: +4.1% versus +2.2% for the 28-entry index median; 3M: +4.1% versus +5.2% for the 28-entry index median; 1Y: -11.4% versus +11.6% for the 24-entry index median. These figures do not measure movement from the announcement price.

At 1M, it ranks 9th of 28 measured S&P 500 additions and beat the benchmark by 4.4 percentage points. At 3M, it ranks 15th of 28 measured S&P 500 additions and beat the benchmark by 1.3 percentage points. At 1Y, it ranks 17th of 24 measured S&P 500 additions and lagged the benchmark by 27.9 percentage points. The other 3 Industrials additions with a measured 1M return averaged +9.8%. This is historical context, not a projection.