Lennox L40 Smart Thermostat Named "Smart Thermostat of the Year" in the IoT Breakthrough Awards

Lennox (NYSE: LII) announced on Jan 20, 2026 that the Lennox L40 Smart Thermostat was named "Smart Thermostat of the Year" by the IoT Breakthrough Awards.

Rhea-AI Summary

Lennox (NYSE: LII) announced on Jan 20, 2026 that the Lennox L40 Smart Thermostat was named "Smart Thermostat of the Year" by the IoT Breakthrough Awards. The L40 was recognized for connected features including Smart Away® geo-fencing, customizable schedules, guided setup prompts, system alerts, maintenance reminders, and remote diagnostics.

The L40 is managed via the Lennox Home app and offers built‑in Matter compatibility, enabling integration with Samsung SmartThings, Apple HomeKit, Amazon Alexa, Google Assistant, Building36, and Control4. Lennox highlighted dealer-configured equipment profiles and One‑Touch Away Mode as usability and efficiency features.

Argus Jan 20 session

-3.88% close to close Open Argus

Details

News Market Reaction – LII

In the Jan 20 session, LII declined 3.88%, reflecting a moderate negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights recognition of Lennox’s L40 Smart Thermostat for connected capabilities...

Analysis

This announcement highlights recognition of Lennox’s L40 Smart Thermostat for connected capabilities such as geo-fencing, guided setup, and integration with major smart-home platforms. It follows other recent product and operational updates, including a high-efficiency furnace launch and expanded distribution capacity. Investors tracking the story may watch how smart controls complement the broader HVAC portfolio and how upcoming earnings and guidance on Jan. 28, 2026 frame this innovation push.

Key Figures

Share price: $525.87 Price change 24h: 0.68% Volume today: 478,744 shares +5 more

Share price

$525.87

Pre-news current price for LII

Price change 24h

0.68%

Pre-news daily move for LII

Volume today

478,744 shares

Pre-news trading volume vs elevated interest

20-day avg volume

326,638 shares

Benchmark for typical liquidity

52-week high

$689.44

Upper end of 52-week trading range

52-week low

$443.19

Lower end of 52-week trading range

Market cap

$18,443,723,870

Equity value prior to this news

200-day moving avg

$546.27

Longer-term trend reference level

Historical Context

5 past events · Latest: Jan 14

5 events

1. Jan 14

   Operations expansion

   24h Move

   -1.1%

   Distribution and digital investments to strengthen commercial HVAC business.

2. Jan 12

   Earnings scheduling

   24h Move

   +0.6%

   Announced Q4 2025 results release and FY 2026 guidance call details.

3. Jan 08

   Product launch

   24h Move

   +2.3%

   Launched high-efficiency gas furnace with integrated refrigerant detection.

4. Dec 17

   Recognition award

   24h Move

   -1.0%

   Named to Drucker Institute Management Top 250 with strong rankings.

5. Dec 05

   Dividend declaration

   24h Move

   +1.4%

   Declared quarterly cash dividend and announced 2026 annual meeting date.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

geo-fencing, GPS, Wi-Fi, remote diagnostics

4 terms

geo-fencing technical

"includes Smart Away® geo-fencing, which uses a homeowner's smartphone GPS"

Geo-fencing is a technology that creates an invisible geographic boundary around a physical location using GPS, Wi‑Fi or cellular signals; when a mobile device crosses that boundary it can trigger actions such as sending a notification, recording a visit, or restricting access. Investors care because it lets businesses target customers, measure foot traffic and enforce location-based services—like a digital storefront light that signals who enters—affecting marketing effectiveness, revenue potential and operational costs.

GPS technical

"uses a homeowner's smartphone GPS to detect when they leave or return"

A global network of satellites and ground stations that provides precise location and time information to devices on Earth; think of it as a map and clock in the sky that tells a device exactly where and when it is. Investors care because GPS underpins navigation for shipping and delivery, fleet and asset tracking, location-based services, autonomous vehicles, and precise timing for financial networks—so changes in GPS technology, reliability, or competing systems can affect revenue, costs, and risk across many industries.

Wi-Fi technical

"guided prompts for Wi-Fi connection, account creation, and thermostat pairing"

Wireless networking technology that lets devices connect to the internet and each other without cables, acting like an invisible bridge between phones, computers, sensors and routers. Investors care because Wi‑Fi influences how products and services are used, how much equipment and infrastructure companies must build or upgrade, and where revenue or costs may shift — stronger or wider Wi‑Fi can boost customer engagement, enable new services, and create security and regulatory risks that affect valuations.

remote diagnostics technical

"system alerts, maintenance reminders, and remote diagnostics that support timely"

Remote diagnostics is the use of connected devices, software and data to detect, monitor or troubleshoot medical conditions from a distance rather than in a clinic. Investors care because it can lower healthcare costs, expand patient access, and create recurring revenue from services or devices — like a mechanic reading your car’s engine codes over the internet — but it also brings regulatory, reimbursement and data-security risks that affect returns.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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The IoT Breakthrough Awards program recognized the Lennox® L40 Smart Thermostat for its connected features, including geo-fencing, customizable schedules, guided configuration prompts, and system insight tools.

DALLAS, Jan. 20, 2026 /PRNewswire/ -- Lennox (NYSE: LII) announced that the Lennox® L40 Smart Thermostat has been selected as the "Smart Thermostat of the Year" in the IoT Breakthrough Awards.

The IoT Breakthrough Awards recognize standout companies, technologies, and products shaping the Internet of Things ecosystem. The L40 Smart Thermostat was honored for its capabilities in system monitoring, home integration, and support for energy-efficient operation.

The L40 includes Smart Away® geo-fencing, which uses a homeowner's smartphone GPS to detect when they leave or return home and adjust temperature settings accordingly. The thermostat also provides system alerts, maintenance reminders, and remote diagnostics that support timely identification of potential issues.

To streamline setup and configuration, the L40 offers guided prompts for Wi-Fi connection, account creation, and thermostat pairing. Homeowners can customize schedules, alerts, and One-Touch Away Mode, which shifts the system to preset heating and cooling set points. Custom equipment profiles configured by Lennox dealers help align thermostat settings with system type, location, and user preferences.

The Lennox L40 Smart Thermostat is managed through the Lennox Home app, which allows homeowners to adjust temperature settings, manage schedules, and monitor system status remotely. The app supports all Lennox equipment, thermostat pairing, system alerts, and maintenance notifications. These functions enable the L40 to integrate with leading smart home platforms.

Through built-in Matter compatibility, the L40 Smart Thermostat integrates as well with smart home platforms such as Samsung SmartThings and Apple HomeKit. It also supports ecosystems like Amazon Alexa, Google Assistant, Building36, and Control4.

"Developing smart connected controls requires balancing technical complexity with everyday usability," said Lennox Chief Technology Officer Prakash Bedapudi. "The L40 smart thermostat design achieves that balance remarkably well by providing necessary functionality and system insights in an easy, intuitive way homeowners can understand. Our teams worked with real intention to get these details right, and I'm proud to see their effort acknowledged."

Visit Lennox.com for more information on the L40 Smart Thermostat.

About Lennox: Lennox (NYSE: LII) is a leader in energy-efficient climate-control solutions. We are committed to sustainability and creating comfortable, healthier environments for residential and commercial customers. Our innovative portfolio includes cooling, heating, indoor air quality, and refrigeration systems, along with a comprehensive range of HVAC parts, supplies, and services that support the full lifecycle of customer needs. Additional information is available at www.lennox.com. 

Media Contact
pr@lennox.com

Investor Relations Contact
investor@lennox.com

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SOURCE Lennox International Inc.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Lennox (LII) win on January 20, 2026?

Lennox (NYSE: LII) won the IoT Breakthrough Award naming the Lennox L40 the "Smart Thermostat of the Year" on Jan 20, 2026.

What smart features does the Lennox L40 thermostat include?

The L40 includes Smart Away® geo-fencing, customizable schedules, guided setup prompts, system alerts, maintenance reminders, and remote diagnostics.

Which smart home platforms work with the Lennox L40 thermostat (LII)?

The L40 supports Matter and integrates with Samsung SmartThings, Apple HomeKit, Amazon Alexa, Google Assistant, Building36, and Control4.

How do homeowners control and monitor the Lennox L40 thermostat?

Homeowners use the Lennox Home app to adjust temperatures, manage schedules, receive alerts, and monitor system status remotely.

Does the Lennox L40 thermostat offer installer customization?

Yes. Lennox dealers can configure custom equipment profiles to align thermostat settings with system type, location, and user preferences.