Mediolanum International Funds Ltd Sells 2,023 Shares of Lennox International, Inc. $LII

Mediolanum International Funds Ltd decreased its stake in Lennox International, Inc. (NYSE:LII) by 9.0% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 20,440 shares of the construction company’s stock after selling 2,023 shares during the period. Mediolanum International Funds Ltd’s holdings in Lennox International were worth $9,075,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Root Financial Partners LLC grew its position in shares of Lennox International by 137.9% during the 1st quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock worth $32,000 after buying an additional 40 shares during the period. Huntington National Bank raised its position in shares of Lennox International by 51.8% in the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after acquiring an additional 29 shares during the period. MUFG Securities EMEA plc acquired a new stake in shares of Lennox International in the 2nd quarter valued at approximately $54,000. Torren Management LLC bought a new position in Lennox International during the 4th quarter worth approximately $70,000. Finally, Bessemer Group Inc. boosted its stake in Lennox International by 140.3% during the 1st quarter. Bessemer Group Inc. now owns 298 shares of the construction company’s stock worth $138,000 after acquiring an additional 174 shares during the last quarter. Institutional investors own 67.07% of the company’s stock.

Insider Transactions at Lennox International

In other Lennox International news, CAO Chris Kosel sold 971 shares of Lennox International stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $544.80, for a total value of $529,000.80. Following the sale, the chief accounting officer owned 1,090 shares of the company’s stock, valued at $593,832. This trade represents a 47.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 9.80% of the company’s stock.

Lennox International Stock Performance

Shares of LII opened at $533.93 on Tuesday. The firm has a market cap of $18.58 billion, a P/E ratio of 24.03, a PEG ratio of 2.07 and a beta of 1.16. Lennox International, Inc. has a twelve month low of $434.06 and a twelve month high of $689.44. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.64 and a current ratio of 1.57. The firm’s 50 day moving average price is $527.59 and its two-hundred day moving average price is $515.78.

Lennox International (NYSE:LII) last issued its quarterly earnings data on Wednesday, April 29th. The construction company reported $3.35 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.16 by $0.19. Lennox International had a net margin of 14.89% and a return on equity of 73.27%. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the prior year, the firm earned $3.63 earnings per share. The firm’s revenue was up 5.8% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, analysts forecast that Lennox International, Inc. will post 24.44 EPS for the current fiscal year.

Lennox International Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $1.36 per share. This is a boost from Lennox International’s previous quarterly dividend of $1.30. The ex-dividend date was Tuesday, June 30th. This represents a $5.44 dividend on an annualized basis and a yield of 1.0%. Lennox International’s dividend payout ratio is currently 24.48%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on LII shares. Barclays lowered their target price on shares of Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Weiss Ratings raised shares of Lennox International from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 18th. Wells Fargo & Company boosted their price target on shares of Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. BNP Paribas Exane initiated coverage on shares of Lennox International in a research report on Tuesday, April 14th. They issued a “neutral” rating and a $535.00 price objective for the company. Finally, Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price on the stock in a report on Thursday, April 30th. Four investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $556.55.

About Lennox International

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.