Lennox International, Inc. $LII Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC decreased its position in Lennox International, Inc. (NYSE:LII) by 6.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 937,707 shares of the construction company’s stock after selling 60,900 shares during the period. Geode Capital Management LLC’s holdings in Lennox International were worth $535,567,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the company. United Services Automobile Association bought a new stake in shares of Lennox International in the 1st quarter worth approximately $410,000. Achmea Investment Management B.V. raised its holdings in shares of Lennox International by 2.8% in the second quarter. Achmea Investment Management B.V. now owns 93,893 shares of the construction company’s stock valued at $53,823,000 after buying an additional 2,555 shares during the last quarter. AG2R LA Mondiale Gestion D Actifs acquired a new position in shares of Lennox International during the first quarter worth approximately $1,389,000. Strs Ohio acquired a new stake in shares of Lennox International in the 1st quarter valued at $1,419,000. Finally, Nisa Investment Advisors LLC raised its stake in shares of Lennox International by 18.2% during the second quarter. Nisa Investment Advisors LLC now owns 6,070 shares of the construction company’s stock worth $3,487,000 after buying an additional 933 shares during the last quarter. 67.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on LII shares. Weiss Ratings lowered Lennox International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. JPMorgan Chase & Co. decreased their target price on Lennox International from $501.00 to $493.00 and set an “underweight” rating for the company in a research note on Thursday, October 23rd. Barclays dropped their price target on Lennox International from $730.00 to $700.00 and set an “overweight” rating on the stock in a research report on Thursday, October 23rd. Morgan Stanley decreased their price objective on Lennox International from $535.00 to $475.00 and set an “underweight” rating for the company in a research report on Thursday, October 23rd. Finally, Royal Bank Of Canada dropped their target price on shares of Lennox International from $598.00 to $555.00 and set a “sector perform” rating on the stock in a report on Thursday, October 23rd. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Lennox International has an average rating of “Hold” and a consensus price target of $600.17.

Insider Buying and Selling at Lennox International

In other Lennox International news, CAO Chris Kosel sold 300 shares of the stock in a transaction dated 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 transaction, the chief accounting officer directly owned 1,282 shares in the company, valued at approximately $758,764.52. This trade represents a 18.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Todd J. Teske sold 600 shares of Lennox International stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $491.85, for a total transaction of $295,110.00. Following the transaction, the director owned 7,581 shares in the company, valued at approximately $3,728,714.85. This trade represents a 7.33% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 9.73% of the company’s stock.

Lennox International Price Performance

NYSE LII opened at $470.85 on Friday. The firm’s 50 day moving average is $522.25 and its 200-day moving average is $561.75. 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 company has a market capitalization of $16.51 billion, a PE ratio of 19.88, a price-to-earnings-growth ratio of 1.89 and a beta of 1.10. Lennox International, Inc. has a 12-month low of $466.88 and a 12-month high of $689.44.

Lennox International (NYSE:LII) last released its quarterly earnings data on Wednesday, October 22nd. The construction company reported $6.98 EPS for the quarter, beating the consensus estimate of $6.69 by $0.29. Lennox International had a return on equity of 91.96% and a net margin of 15.74%.The company had revenue of $1.43 billion during the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the prior year, the firm posted $6.68 EPS. The firm’s revenue for the quarter 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. Equities research analysts anticipate that Lennox International, Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

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

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.