Lennox International, Inc. $LII Shares Purchased by Entropy Technologies LP

Entropy Technologies LP increased its position in shares of Lennox International, Inc. (NYSE:LII) by 410.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 19,278 shares of the construction company’s stock after buying an additional 15,505 shares during the period. Entropy Technologies LP’s holdings in Lennox International were worth $8,947,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Root Financial Partners LLC increased its holdings in Lennox International by 137.9% in the first quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock valued at $32,000 after buying an additional 40 shares in the last quarter. Huntington National Bank grew its position in shares of Lennox International by 51.8% during 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 purchased a new position in shares of Lennox International in the 2nd quarter valued at about $54,000. Torren Management LLC acquired a new position in Lennox International in the 4th quarter worth about $70,000. Finally, Oslo Pensjonsforsikring AS purchased a new position in Lennox International during the first quarter worth approximately $118,000. Institutional investors and hedge funds own 67.07% of the company’s stock.

Insider Activity at Lennox International

In other news, CAO Chris Kosel sold 971 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $544.80, for a total value of $529,000.80. Following the completion of the sale, the chief accounting officer directly owned 1,090 shares in the company, valued at $593,832. This represents a 47.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 9.80% of the stock is owned by company insiders.

Analyst Ratings Changes

LII has been the topic of several research analyst reports. Wells Fargo & Company raised their price objective on 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 Lennox International in a research note on Tuesday, April 14th. They set a “neutral” rating and a $535.00 target price for the company. Vertical Research raised shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target on the stock in a research note on Thursday, April 30th. Barclays cut their price target on shares of Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Finally, Royal Bank Of Canada upped their price objective on shares of Lennox International from $485.00 to $579.00 and gave the stock a “sector perform” rating in a research 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 assigned a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $556.55.

Lennox International Stock Performance

NYSE LII opened at $540.22 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.57 and a quick ratio of 0.64. The stock’s 50 day simple moving average is $529.80 and its 200-day simple moving average is $516.86. The company has a market cap of $18.80 billion, a PE ratio of 24.31, a price-to-earnings-growth ratio of 2.05 and a beta of 1.16. Lennox International, Inc. has a 1-year low of $434.06 and a 1-year high of $668.28.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $3.35 EPS for the quarter, topping the consensus estimate of $3.16 by $0.19. Lennox International had a return on equity of 73.27% and a net margin of 14.89%.The firm had revenue of $1.14 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the business earned $3.63 earnings per share. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, equities research analysts anticipate that Lennox International, Inc. will post 24.45 EPS for the current fiscal year.

Lennox International Increases Dividend

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

Lennox International Profile

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.