GCA Investment Management LLC reduced its stake in shares of Lennox International, Inc. (NYSE:LII) by 22.9% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 40,000 shares of the construction company’s stock after selling 11,877 shares during the period. Lennox International accounts for approximately 1.4% of GCA Investment Management LLC’s investment portfolio, making the stock its 28th largest position. GCA Investment Management LLC’s holdings in Lennox International were worth $7,346,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Genesee Valley Trust Co. increased its stake in shares of Lennox International by 1.1% in the first quarter. Genesee Valley Trust Co. now owns 2,250 shares of the construction company’s stock valued at $376,000 after buying an additional 24 shares in the last quarter. Argent Capital Management LLC increased its stake in shares of Lennox International by 2.4% in the first quarter. Argent Capital Management LLC now owns 2,607 shares of the construction company’s stock valued at $436,000 after buying an additional 60 shares in the last quarter. World Asset Management Inc increased its stake in shares of Lennox International by 2.2% in the second quarter. World Asset Management Inc now owns 2,784 shares of the construction company’s stock valued at $511,000 after buying an additional 61 shares in the last quarter. Huntington National Bank increased its stake in shares of Lennox International by 16.7% in the second quarter. Huntington National Bank now owns 566 shares of the construction company’s stock valued at $104,000 after buying an additional 81 shares in the last quarter. Finally, Arizona State Retirement System increased its stake in shares of Lennox International by 0.6% in the second quarter. Arizona State Retirement System now owns 16,200 shares of the construction company’s stock valued at $2,975,000 after buying an additional 100 shares in the last quarter. Institutional investors own 69.52% of the company’s stock.

Lennox International, Inc. (NYSE:LII) traded down 0.66% during trading on Friday, hitting $164.02. 247,936 shares of the company’s stock traded hands. Lennox International, Inc. has a 12 month low of $140.97 and a 12 month high of $192.58. The company’s 50 day moving average is $176.16 and its 200-day moving average is $172.03. The stock has a market cap of $6.92 billion, a P/E ratio of 23.63 and a beta of 1.14.

Lennox International (NYSE:LII) last issued its quarterly earnings data on Monday, July 24th. The construction company reported $2.83 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.76 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.09 billion. Lennox International had a net margin of 7.92% and a return on equity of 1,821.73%. The firm’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $2.53 earnings per share. On average, analysts predict that Lennox International, Inc. will post $8.02 earnings per share for the current year.

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LII has been the topic of several recent research reports. Wolfe Research initiated coverage on shares of Lennox International in a research report on Tuesday, July 11th. They issued a “market perform” rating on the stock. Stifel Nicolaus reaffirmed a “hold” rating on shares of Lennox International in a research report on Tuesday, July 25th. BidaskClub cut shares of Lennox International from a “buy” rating to a “hold” rating in a research report on Sunday, July 16th. Morgan Stanley reaffirmed an “underweight” rating and issued a $161.00 price target (down previously from $164.00) on shares of Lennox International in a research report on Tuesday, July 25th. Finally, TheStreet cut shares of Lennox International from a “b” rating to a “c+” rating in a research report on Friday, April 28th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $179.00.

In related news, VP Chris Kosel sold 357 shares of the stock in a transaction that occurred on Monday, August 7th. The shares were sold at an average price of $173.51, for a total transaction of $61,943.07. Following the transaction, the vice president now owns 1,379 shares in the company, valued at $239,270.29. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, Chairman Todd M. Bluedorn sold 11,387 shares of the stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $170.75, for a total transaction of $1,944,330.25. Following the transaction, the chairman now owns 181,410 shares in the company, valued at approximately $30,975,757.50. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,094 shares of company stock worth $2,409,181. 3.90% of the stock is owned by insiders.

Lennox International Company Profile

Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.

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Institutional Ownership by Quarter for Lennox International (NYSE:LII)

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