Tudor Investment Corp ET AL Takes Position in Lennox International, Inc. $LII

Tudor Investment Corp ET AL acquired a new stake in shares of Lennox International, Inc. (NYSE:LII) during the third quarter, HoldingsChannel reports. The fund acquired 39,382 shares of the construction company’s stock, valued at approximately $20,847,000.

Other large investors have also added to or reduced their stakes in the company. Root Financial Partners LLC bought a new position in shares of Lennox International during the 3rd quarter valued at $28,000. Covestor Ltd grew its holdings in shares of Lennox International by 217.2% in the third quarter. Covestor Ltd now owns 92 shares of the construction company’s stock worth $48,000 after acquiring an additional 63 shares during the period. MUFG Securities EMEA plc bought a new stake in shares of Lennox International in the second quarter worth $54,000. Bessemer Group Inc. increased its position in Lennox International by 52.8% during the third quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock valued at $59,000 after acquiring an additional 38 shares during the last quarter. Finally, AdvisorShares Investments LLC lifted its holdings in Lennox International by 167.4% in the third quarter. AdvisorShares Investments LLC now owns 115 shares of the construction company’s stock valued at $61,000 after acquiring an additional 72 shares during the period. Institutional investors own 67.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the company. Barclays cut their price target on Lennox International from $680.00 to $667.00 and set an “overweight” rating for the company in a research note on Wednesday, January 7th. William Blair reiterated an “outperform” rating on shares of Lennox International in a research note on Thursday, March 5th. Royal Bank Of Canada cut their target price on shares of Lennox International from $563.00 to $534.00 and set a “sector perform” rating for the company in a research report on Thursday, January 29th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Lennox International in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. increased their price target on shares of Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a research report on Friday, January 16th. Four analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $579.64.

Lennox International Price Performance

Shares of NYSE:LII opened at $468.37 on Friday. The company has a market capitalization of $16.30 billion, a P/E ratio of 21.06, a P/E/G ratio of 1.83 and a beta of 1.16. Lennox International, Inc. has a 1-year low of $443.19 and a 1-year high of $689.44. The firm’s 50 day simple moving average is $524.17 and its two-hundred day simple moving average is $515.77. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.60 and a quick ratio of 0.63.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, January 28th. The construction company reported $4.45 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $4.76 by ($0.31). Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period last year, the company earned $5.60 earnings per share. The business’s revenue for the quarter was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Research analysts expect that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Dividend Announcement

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 issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $5.20 dividend on an annualized basis and a yield of 1.1%. Lennox International’s dividend payout ratio (DPR) is currently 23.38%.

Insider Activity

In related news, Director Todd J. Teske sold 700 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $533.45, for a total value of $373,415.00. Following the transaction, the director directly owned 6,881 shares of the company’s stock, valued at approximately $3,670,669.45. The trade was a 9.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Shane D. Wall sold 100 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $540.01, for a total value of $54,001.00. Following the completion of the transaction, the director directly owned 2,205 shares in the company, valued at approximately $1,190,722.05. This represents a 4.34% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,054 shares of company stock worth $563,687 over the last ninety days. Corporate insiders own 9.73% of the company’s stock.

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.