Crestwood Advisors Group LLC Sells 107 Shares of Lennox International, Inc. $LII

Crestwood Advisors Group LLC decreased its position in shares of Lennox International, Inc. (NYSE:LII) by 20.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 408 shares of the construction company’s stock after selling 107 shares during the period. Crestwood Advisors Group LLC’s holdings in Lennox International were worth $234,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of LII. KLP Kapitalforvaltning AS lifted its stake in shares of Lennox International by 3.0% in the 1st quarter. KLP Kapitalforvaltning AS now owns 10,400 shares of the construction company’s stock valued at $5,833,000 after acquiring an additional 300 shares during the last quarter. Argent Trust Co raised its position in shares of Lennox International by 28.3% in the 1st quarter. Argent Trust Co now owns 1,025 shares of the construction company’s stock worth $575,000 after acquiring an additional 226 shares in the last quarter. iA Global Asset Management Inc. lifted its stake in shares of Lennox International by 236.5% in the 1st quarter. iA Global Asset Management Inc. now owns 2,359 shares of the construction company’s stock valued at $1,323,000 after purchasing an additional 1,658 shares during the period. Forsta AP Fonden boosted its position in shares of Lennox International by 127.3% during the first quarter. Forsta AP Fonden now owns 17,500 shares of the construction company’s stock valued at $9,815,000 after purchasing an additional 9,800 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in Lennox International by 118.3% in the first quarter. Russell Investments Group Ltd. now owns 92,618 shares of the construction company’s stock worth $51,932,000 after purchasing an additional 50,188 shares during the period. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

Lennox International Price Performance

NYSE LII opened at $491.55 on Friday. Lennox International, Inc. has a one year low of $479.40 and a one year high of $689.44. The stock has a 50-day moving average of $529.97 and a 200 day moving average of $563.49. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.80 and a current ratio of 1.68. The company has a market capitalization of $17.24 billion, a price-to-earnings ratio of 20.75, a PEG ratio of 1.89 and a beta of 1.10.

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

Lennox International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th were given a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Tuesday, September 30th. Lennox International’s payout ratio is 21.95%.

Insiders Place Their Bets

In other Lennox International news, CAO Chris Kosel sold 300 shares of the business’s stock in a transaction on Friday, August 22nd. The shares were sold at an average price of $591.86, for a total transaction of $177,558.00. Following the completion of the sale, the chief accounting officer directly owned 1,282 shares in the company, valued at approximately $758,764.52. The trade was a 18.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 9.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on LII shares. Wells Fargo & Company lowered their price objective on Lennox International from $575.00 to $545.00 and set an “equal weight” rating for the company in a research report on Thursday, October 23rd. Morgan Stanley cut their target price on Lennox International from $535.00 to $475.00 and set an “underweight” rating on the stock in a research note on Thursday, October 23rd. Oppenheimer reduced their price target on Lennox International from $730.00 to $675.00 and set an “outperform” rating for the company in a report on Wednesday, September 17th. UBS Group lowered their price target on Lennox International from $610.00 to $560.00 and set a “neutral” rating for the company in a research report on Monday, October 27th. Finally, Barclays cut their price objective on shares of Lennox International from $730.00 to $700.00 and set an “overweight” rating on the stock in a research report on Thursday, October 23rd. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $600.17.

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.