SG Americas Securities LLC trimmed its position in shares of Lennox International, Inc. (NYSE:LII – Free Report) by 35.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 31,904 shares of the construction company’s stock after selling 17,552 shares during the period. SG Americas Securities LLC’s holdings in Lennox International were worth $15,492,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in LII. Bessemer Group Inc. increased its stake in shares of Lennox International by 52.8% in the third quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock worth $59,000 after purchasing an additional 38 shares during the period. Root Financial Partners LLC bought a new stake in Lennox International during the 3rd quarter valued at approximately $28,000. Eukles Asset Management grew its holdings in Lennox International by 6.0% in the 3rd quarter. Eukles Asset Management now owns 1,080 shares of the construction company’s stock valued at $572,000 after buying an additional 61 shares during the last quarter. Covestor Ltd grew its holdings in Lennox International by 217.2% in the 3rd quarter. Covestor Ltd now owns 92 shares of the construction company’s stock valued at $48,000 after buying an additional 63 shares during the last quarter. Finally, AdvisorShares Investments LLC increased its position in Lennox International by 167.4% in the 3rd quarter. AdvisorShares Investments LLC now owns 115 shares of the construction company’s stock worth $61,000 after buying an additional 72 shares during the period. 67.07% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the company. JPMorgan Chase & Co. upped their price target on Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a report on Friday, January 16th. Oppenheimer raised their price objective on shares of Lennox International from $630.00 to $645.00 and gave the stock an “outperform” rating in a research note on Thursday, March 5th. Morgan Stanley dropped their target price 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. Wall Street Zen upgraded shares of Lennox International from a “sell” rating to a “hold” rating in a research note on Saturday, March 7th. Finally, Royal Bank Of Canada reduced their price target on shares of Lennox International from $563.00 to $534.00 and set a “sector perform” rating for the company in a report on Thursday, January 29th. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $579.64.
Lennox International Trading Up 0.1%
Lennox International stock opened at $438.60 on Friday. The business has a 50 day moving average price of $517.62 and a two-hundred day moving average price of $512.01. The company has a quick ratio of 0.63, a current ratio of 1.60 and a debt-to-equity ratio of 0.98. Lennox International, Inc. has a 12 month low of $434.06 and a 12 month high of $689.44. The stock has a market cap of $15.26 billion, a price-to-earnings ratio of 19.72, a price-to-earnings-growth ratio of 1.68 and a beta of 1.16.
Lennox International (NYSE:LII – Get Free Report) last announced its quarterly earnings data 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). The firm had revenue of $1.20 billion for the quarter, compared to analyst estimates of $1.27 billion. Lennox International had a return on equity of 80.23% and a net margin of 15.13%.Lennox International’s revenue for the quarter was down 11.2% compared to the same quarter last year. During the same period in the previous year, the business posted $5.60 EPS. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, equities analysts forecast that Lennox International, Inc. will post 22.94 EPS for the current year.
Lennox International Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $1.30 per share. The ex-dividend date is Tuesday, March 31st. This represents a $5.20 dividend on an annualized basis and a yield of 1.2%. Lennox International’s payout ratio is currently 23.38%.
Insider Buying and Selling at Lennox International
In other news, CAO Chris Kosel sold 254 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $536.50, for a total value of $136,271.00. Following the completion of the transaction, the chief accounting officer owned 1,090 shares in the company, valued at approximately $584,785. This represents a 18.90% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Todd J. Teske sold 700 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $533.45, for a total transaction of $373,415.00. Following the transaction, the director directly owned 6,881 shares of the company’s stock, valued at $3,670,669.45. The trade was a 9.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,054 shares of company stock valued at $563,687 in the last 90 days. 9.73% of the stock is currently owned by company insiders.
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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