SG Americas Securities LLC reduced its position in shares of Lennox International, Inc. (NYSE:LII – Free Report) by 35.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 31,904 shares of the construction company’s stock after selling 17,552 shares during the quarter. SG Americas Securities LLC owned 0.09% of Lennox International worth $15,492,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of LII. Tudor Investment Corp ET AL purchased a new position in shares of Lennox International during the third quarter valued at $20,847,000. Danske Bank A S purchased a new stake in Lennox International in the 3rd quarter worth about $7,249,000. Dark Forest Capital Management LP acquired a new stake in Lennox International during the 3rd quarter worth about $2,043,000. United Capital Financial Advisors LLC acquired a new stake in Lennox International during the 3rd quarter worth about $370,000. Finally, Chilton Investment Co. Inc. purchased a new position in Lennox International during the 3rd quarter valued at about $4,151,000. Hedge funds and other institutional investors own 67.07% of the company’s stock.
Insider Buying and Selling
In other news, Director Shane D. Wall sold 100 shares of Lennox International stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $540.01, for a total value of $54,001.00. Following the transaction, the director owned 2,205 shares of the company’s stock, valued at $1,190,722.05. This trade represents a 4.34% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Todd J. Teske sold 700 shares of Lennox International stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $533.45, for a total transaction of $373,415.00. Following the completion of the transaction, the director directly owned 6,881 shares in the company, valued at approximately $3,670,669.45. This represents a 9.23% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,054 shares of company stock worth $563,687. 9.73% of the stock is currently owned by insiders.
Lennox International Trading Up 0.1%
Lennox International (NYSE:LII – Get Free Report) last posted its earnings results on Wednesday, January 28th. The construction company reported $4.45 earnings per share for the quarter, missing the consensus estimate of $4.76 by ($0.31). Lennox International had a net margin of 15.13% and a return on equity of 80.23%. The company had revenue of $1.20 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter last year, the business earned $5.60 earnings per share. Lennox International’s quarterly revenue was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Analysts expect that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.
Lennox International Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Tuesday, March 31st will be issued a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 1.2%. The ex-dividend date is Tuesday, March 31st. Lennox International’s payout ratio is 23.38%.
Wall Street Analyst Weigh In
LII has been the topic of a number of research reports. Oppenheimer upped their target price on Lennox International from $630.00 to $645.00 and gave the company an “outperform” rating in a report on Thursday, March 5th. UBS Group assumed coverage on shares of Lennox International in a report on Monday, January 5th. They set a “neutral” rating and a $530.00 price target for the company. Morgan Stanley lowered their price objective on shares of Lennox International from $475.00 to $450.00 and set an “underweight” rating on the stock in a research report on Monday, February 2nd. William Blair reiterated an “outperform” rating on shares of Lennox International in a research note on Thursday, March 5th. Finally, Wells Fargo & Company increased their target price on shares of Lennox International from $520.00 to $560.00 and gave the stock an “equal weight” rating in a research report on Thursday, March 5th. Four analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $579.64.
View Our Latest Analysis on Lennox International
Lennox International Company Profile
Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.
Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.
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