Lennox International Inc. (NYSE:LII) Shares Purchased by Entropy Technologies LP

Entropy Technologies LP increased its stake in shares of Lennox International Inc. (NYSE:LII) by 386.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,540 shares of the construction company’s stock after purchasing an additional 4,400 shares during the period. Entropy Technologies LP’s holdings in Lennox International were worth $3,376,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of the stock. Geode Capital Management LLC raised its position in shares of Lennox International by 2.2% during the 3rd quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company’s stock worth $345,645,000 after purchasing an additional 12,183 shares during the last quarter. New York State Common Retirement Fund raised its holdings in Lennox International by 3.8% in the 3rd quarter. New York State Common Retirement Fund now owns 55,113 shares of the construction company’s stock valued at $33,304,000 after acquiring an additional 2,013 shares during the last quarter. National Pension Service raised its holdings in Lennox International by 2.3% in the 3rd quarter. National Pension Service now owns 51,263 shares of the construction company’s stock valued at $30,978,000 after acquiring an additional 1,140 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in Lennox International by 26.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 23,261 shares of the construction company’s stock valued at $14,056,000 after acquiring an additional 4,927 shares during the last quarter. Finally, Mediolanum International Funds Ltd raised its holdings in Lennox International by 469.6% in the 4th quarter. Mediolanum International Funds Ltd now owns 21,053 shares of the construction company’s stock valued at $12,895,000 after acquiring an additional 17,357 shares during the last quarter. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Mizuho downgraded Lennox International from an “outperform” rating to a “neutral” rating and cut their price target for the company from $675.00 to $625.00 in a report on Thursday, January 30th. Morgan Stanley assumed coverage on shares of Lennox International in a research note on Monday, January 6th. They set an “underweight” rating and a $595.00 price objective for the company. Wells Fargo & Company reissued an “underweight” rating and set a $580.00 price objective (down from $630.00) on shares of Lennox International in a research note on Monday, February 3rd. JPMorgan Chase & Co. boosted their price objective on shares of Lennox International from $536.00 to $565.00 and gave the company an “underweight” rating in a research note on Thursday, January 30th. Finally, UBS Group boosted their price objective on shares of Lennox International from $575.00 to $625.00 and gave the company a “neutral” rating in a research note on Friday, January 3rd. Four analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $606.00.

Lennox International Stock Performance

NYSE:LII opened at $575.13 on Friday. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90. The firm has a 50-day moving average of $631.30 and a two-hundred day moving average of $608.40. The stock has a market cap of $20.49 billion, a P/E ratio of 25.52, a PEG ratio of 2.15 and a beta of 1.10. Lennox International Inc. has a 1-year low of $423.09 and a 1-year high of $682.50.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, beating analysts’ consensus estimates of $4.12 by $1.48. Lennox International had a net margin of 15.11% and a return on equity of 126.79%. On average, research analysts expect that Lennox International Inc. will post 22.93 earnings per share for the current fiscal year.

Lennox International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $1.15 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $4.60 dividend on an annualized basis and a yield of 0.80%. Lennox International’s payout ratio is currently 20.41%.

Insider Buying and Selling at Lennox International

In other news, CAO Chris Kosel sold 200 shares of the company’s stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $625.49, for a total value of $125,098.00. Following the sale, the chief accounting officer now owns 1,446 shares in the company, valued at approximately $904,458.54. This represents a 12.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Todd J. Teske sold 500 shares of the company’s stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $675.52, for a total transaction of $337,760.00. Following the completion of the sale, the director now owns 7,911 shares in the company, valued at approximately $5,344,038.72. This trade represents a 5.94 % decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,200 shares of company stock valued at $793,228 in the last ninety days. Insiders own 10.40% of the company’s stock.

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.