Fiduciary Alliance LLC acquired a new stake in shares of Lennox International, Inc. (NYSE:LII – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,122 shares of the construction company’s stock, valued at approximately $543,000.
Other large investors also recently bought and sold shares of the company. Bank of New York Mellon Corp lifted its holdings in Lennox International by 10.2% during the fourth quarter. Bank of New York Mellon Corp now owns 203,539 shares of the construction company’s stock worth $98,835,000 after buying an additional 18,901 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Lennox International by 18.5% in the 3rd quarter. Ameriprise Financial Inc. now owns 85,096 shares of the construction company’s stock valued at $45,043,000 after acquiring an additional 13,281 shares during the period. BNP Paribas Financial Markets increased its holdings in shares of Lennox International by 3.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 67,766 shares of the construction company’s stock valued at $35,873,000 after acquiring an additional 2,276 shares during the period. SG Americas Securities LLC raised its position in shares of Lennox International by 78.0% in the 1st quarter. SG Americas Securities LLC now owns 56,797 shares of the construction company’s stock worth $26,361,000 after acquiring an additional 24,893 shares in the last quarter. Finally, California State Teachers Retirement System raised its position in shares of Lennox International by 6.1% in the 2nd quarter. California State Teachers Retirement System now owns 48,533 shares of the construction company’s stock worth $27,821,000 after acquiring an additional 2,785 shares in the last quarter. Institutional investors own 67.07% of the company’s stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently weighed in on LII shares. BNP Paribas Exane began coverage on Lennox International in a research report on Tuesday, April 14th. They set a “neutral” rating and a $535.00 price objective on the stock. Royal Bank Of Canada increased their price target on shares of Lennox International from $485.00 to $579.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Oppenheimer lifted their price objective on shares of Lennox International from $630.00 to $645.00 and gave the stock an “outperform” rating in a research report on Thursday, March 5th. William Blair reiterated an “outperform” rating on shares of Lennox International in a research note on Thursday, March 5th. Finally, Vertical Research raised shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price for the company in a research report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Lennox International currently has an average rating of “Hold” and an average price target of $575.46.
Insider Buying and Selling at Lennox International
In other news, CAO Chris Kosel sold 971 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $544.80, for a total value of $529,000.80. Following the completion of the transaction, the chief accounting officer directly owned 1,090 shares in the company, valued at $593,832. This trade represents a 47.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Corporate insiders own 9.80% of the company’s stock.
Lennox International Trading Down 1.1%
NYSE:LII opened at $564.51 on Friday. Lennox International, Inc. has a 12 month low of $434.06 and a 12 month high of $689.44. The firm has a fifty day simple moving average of $511.68 and a 200-day simple moving average of $509.14. The company has a current ratio of 1.57, a quick ratio of 0.64 and a debt-to-equity ratio of 0.94. The company has a market capitalization of $19.65 billion, a P/E ratio of 25.41, a PEG ratio of 2.16 and a beta of 1.18.
Lennox International (NYSE:LII – Get Free Report) last released its earnings results on Wednesday, April 29th. The construction company reported $3.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $0.19. The firm had revenue of $1.14 billion for the quarter, compared to the consensus estimate of $1.07 billion. Lennox International had a return on equity of 73.27% and a net margin of 14.89%.The firm’s revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the firm earned $3.63 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, equities research analysts anticipate that Lennox International, Inc. will post 24.35 earnings per share for the current year.
Lennox International Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $1.36 per share. This represents a $5.44 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, June 30th. This is a boost from Lennox International’s previous quarterly dividend of $1.30. Lennox International’s dividend payout ratio (DPR) is presently 23.40%.
About Lennox International
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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