Lennox International Inc. (NYSE:LII) Shares Sold by QV Investors Inc.

QV Investors Inc. decreased its position in shares of Lennox International Inc. (NYSE:LII) by 1.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,439 shares of the construction company’s stock after selling 90 shares during the quarter. QV Investors Inc.’s holdings in Lennox International were worth $3,314,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Harbor Capital Advisors Inc. grew its holdings in Lennox International by 3.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 681 shares of the construction company’s stock valued at $415,000 after purchasing an additional 20 shares during the last quarter. Huntington National Bank raised its position in Lennox International by 47.9% during the third quarter. Huntington National Bank now owns 71 shares of the construction company’s stock worth $43,000 after acquiring an additional 23 shares during the last quarter. Tilia Fiduciary Partners Inc. lifted its holdings in shares of Lennox International by 0.7% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 4,628 shares of the construction company’s stock valued at $2,820,000 after purchasing an additional 30 shares in the last quarter. L & S Advisors Inc grew its position in shares of Lennox International by 0.8% in the second quarter. L & S Advisors Inc now owns 5,335 shares of the construction company’s stock valued at $2,854,000 after purchasing an additional 40 shares during the last quarter. Finally, Argent Trust Co increased its stake in shares of Lennox International by 6.6% during the 2nd quarter. Argent Trust Co now owns 665 shares of the construction company’s stock worth $356,000 after purchasing an additional 41 shares in the last quarter. 67.07% of the stock is owned by hedge funds and other institutional investors.

Lennox International Stock Performance

LII stock traded up $4.37 during trading on Monday, hitting $614.43. 110,850 shares of the company’s stock traded hands, compared to its average volume of 281,997. The stock has a market capitalization of $21.89 billion, a price-to-earnings ratio of 29.18, a price-to-earnings-growth ratio of 2.04 and a beta of 1.11. The stock has a fifty day moving average price of $635.10 and a two-hundred day moving average price of $598.18. Lennox International Inc. has a 52 week low of $412.09 and a 52 week high of $682.50. The company has a quick ratio of 0.87, a current ratio of 1.39 and a debt-to-equity ratio of 1.10.

Lennox International (NYSE:LII) last posted its earnings results on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, topping the consensus estimate of $5.95 by $0.73. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the prior year, the firm earned $5.37 EPS. Lennox International’s quarterly revenue was up 9.6% on a year-over-year basis. As a group, equities analysts anticipate that Lennox International Inc. will post 21.1 EPS for the current fiscal year.

Lennox International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st will be issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend is Tuesday, December 31st. Lennox International’s payout ratio is 21.84%.

Insider Transactions at Lennox International

In other Lennox International news, Director Todd J. Teske sold 500 shares of Lennox International stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $675.52, for a total transaction of $337,760.00. Following the transaction, the director now owns 7,911 shares of the company’s stock, valued at $5,344,038.72. The trade was a 5.94 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP John D. Torres sold 581 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $620.98, for a total transaction of $360,789.38. Following the completion of the sale, the executive vice president now directly owns 4,668 shares of the company’s stock, valued at $2,898,734.64. This trade represents a 11.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,106 shares of company stock valued at $1,353,233 over the last three months. Company insiders own 10.40% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently commented on LII. KeyCorp cut Lennox International from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, October 15th. Robert W. Baird upped their price objective on shares of Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a research note on Thursday, October 24th. Mizuho lifted their price target on Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Wells Fargo & Company raised their target price on shares of Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a research report on Monday, October 7th. Finally, Royal Bank of Canada upped their price target on shares of Lennox International from $604.00 to $619.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 24th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $590.50.

Lennox International Profile

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.