Achmea Investment Management B.V. Buys 2,555 Shares of Lennox International, Inc. $LII

Achmea Investment Management B.V. lifted its holdings in shares of Lennox International, Inc. (NYSE:LII) by 2.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 93,893 shares of the construction company’s stock after acquiring an additional 2,555 shares during the period. Lennox International makes up 0.7% of Achmea Investment Management B.V.’s holdings, making the stock its 28th biggest holding. Achmea Investment Management B.V. owned 0.27% of Lennox International worth $53,823,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. AdvisorShares Investments LLC purchased a new stake in Lennox International during the second quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. raised its holdings in shares of Lennox International by 175.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 80 shares of the construction company’s stock worth $46,000 after purchasing an additional 51 shares during the period. Whittier Trust Co. lifted its stake in Lennox International by 125.0% in the second quarter. Whittier Trust Co. now owns 81 shares of the construction company’s stock valued at $46,000 after purchasing an additional 45 shares during the last quarter. First Horizon Advisors Inc. grew its holdings in Lennox International by 52.9% during the second quarter. First Horizon Advisors Inc. now owns 107 shares of the construction company’s stock valued at $61,000 after purchasing an additional 37 shares during the period. Finally, Steph & Co. purchased a new stake in Lennox International in the second quarter worth $80,000. Institutional investors own 67.07% of the company’s stock.

Insiders Place Their Bets

In other Lennox International news, CAO Chris Kosel sold 300 shares of the company’s stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $591.86, for a total value of $177,558.00. Following the completion of the sale, the chief accounting officer owned 1,282 shares of the company’s stock, valued at $758,764.52. This represents a 18.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 9.73% of the stock is owned by insiders.

Lennox International Stock Performance

NYSE:LII opened at $489.99 on Thursday. The stock has a market cap of $17.19 billion, a P/E ratio of 20.68, a PEG ratio of 1.89 and a beta of 1.10. The company has a quick ratio of 0.80, a current ratio of 1.68 and a debt-to-equity ratio of 0.78. The business’s 50-day moving average price is $532.66 and its two-hundred day moving average price is $564.35. Lennox International, Inc. has a twelve month low of $479.40 and a twelve month high of $689.44.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, October 22nd. The construction company reported $6.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $6.69 by $0.29. The business had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.54 billion. Lennox International had a net margin of 15.74% and a return on equity of 91.96%. Lennox International’s revenue for the quarter was down 4.8% on a year-over-year basis. During the same period in the previous year, the business posted $6.68 earnings per share. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. As a group, equities analysts predict that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Investors of record on Tuesday, September 30th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 30th. Lennox International’s dividend payout ratio (DPR) is currently 21.95%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on LII. Robert W. Baird boosted their price objective on Lennox International from $600.00 to $668.00 and gave the company a “neutral” rating in a research note on Thursday, July 17th. UBS Group lowered their price target on shares of Lennox International from $610.00 to $560.00 and set a “neutral” rating on the stock in a research report on Monday, October 27th. Northcoast Research raised shares of Lennox International from a “sell” rating to a “neutral” rating and set a $525.00 price objective for the company in a report on Monday, October 27th. Wells Fargo & Company lowered their target price on shares of Lennox International from $575.00 to $545.00 and set an “equal weight” rating on the stock in a report on Thursday, October 23rd. Finally, JPMorgan Chase & Co. cut their price target on Lennox International from $501.00 to $493.00 and set an “underweight” rating for the company in a report on Thursday, October 23rd. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $600.17.

About Lennox International

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.