BI Asset Management Fondsmaeglerselskab A S Sells 1,602 Shares of Lennox International, Inc. $LII

BI Asset Management Fondsmaeglerselskab A S reduced its stake in Lennox International, Inc. (NYSE:LII) by 79.6% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 411 shares of the construction company’s stock after selling 1,602 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Lennox International were worth $191,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Huntington National Bank boosted its holdings in Lennox International by 51.8% in the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after acquiring an additional 29 shares in the last quarter. MUFG Securities EMEA plc acquired a new position in shares of Lennox International during the second quarter worth approximately $54,000. Torren Management LLC bought a new position in shares of Lennox International in the 4th quarter worth $70,000. Brown Brothers Harriman & Co. lifted its holdings in shares of Lennox International by 54.1% in the 4th quarter. Brown Brothers Harriman & Co. now owns 410 shares of the construction company’s stock worth $199,000 after purchasing an additional 144 shares in the last quarter. Finally, Valeo Financial Advisors LLC grew its position in Lennox International by 10.3% in the 4th quarter. Valeo Financial Advisors LLC now owns 418 shares of the construction company’s stock valued at $203,000 after purchasing an additional 39 shares during the period. Institutional investors and hedge funds own 67.07% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on LII shares. Wall Street Zen upgraded shares of Lennox International from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Vertical Research raised shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target on the stock in a research report on Thursday, April 30th. Barclays decreased their price objective on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Royal Bank Of Canada raised their target price on Lennox International from $485.00 to $579.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Finally, Wells Fargo & Company lifted their target price on Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a research report on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $575.46.

Insider Activity

In other news, CAO Chris Kosel sold 971 shares of Lennox International stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $544.80, for a total transaction of $529,000.80. Following the sale, the chief accounting officer directly owned 1,090 shares in the company, valued at $593,832. The trade was a 47.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 9.80% of the stock is currently owned by corporate insiders.

Lennox International Trading Up 3.5%

NYSE:LII opened at $571.29 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.64 and a current ratio of 1.57. The firm has a market cap of $19.88 billion, a price-to-earnings ratio of 25.71, a price-to-earnings-growth ratio of 2.11 and a beta of 1.18. Lennox International, Inc. has a 52 week low of $434.06 and a 52 week high of $689.44. The firm has a 50-day moving average price of $510.09 and a two-hundred day moving average price of $508.75.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, April 29th. The construction company reported $3.35 earnings per share for the quarter, topping analysts’ consensus estimates 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 company’s revenue was up 5.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.63 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, equities analysts expect that Lennox International, Inc. will post 24.35 earnings per share for the current fiscal year.

Lennox International Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th will be paid a $1.36 dividend. This is a boost from Lennox International’s previous quarterly dividend of $1.30. The ex-dividend date is Tuesday, June 30th. This represents a $5.44 dividend on an annualized basis and a yield of 1.0%. Lennox International’s dividend payout ratio is currently 23.40%.

Lennox International 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.