Lennox International (NYSE: LII) is scheduled to join the S&P 500 Index, effective prior to the opening of trading on Monday, December 23, 2024. The company will replace Catalent Inc. (NYSE: CTLT) in the prestigious index.
This inclusion signifies Lennox's sustained growth and market leadership within the industrials sector. As a result, BILL Holdings Inc. (NYSE: BILL) will replace Lennox International in the S&P MidCap 400 Index.
Joining the S&P 500 is a notable milestone that typically leads to increased investor interest and liquidity for the company's shares. It reflects a recognition of Lennox's strong financial performance and market capitalization.
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