Dorsey Wright & Associates Sells 45 Shares of Lennox International Inc. (NYSE:LII)

Dorsey Wright & Associates lessened its stake in Lennox International Inc. (NYSE:LII) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,697 shares of the construction company’s stock after selling 45 shares during the quarter. Dorsey Wright & Associates’ holdings in Lennox International were worth $2,253,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Geode Capital Management LLC raised its stake in shares of Lennox International by 2.2% in the third quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company’s stock valued at $345,645,000 after buying an additional 12,183 shares during the period. BNP Paribas Financial Markets increased 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 worth $14,056,000 after acquiring an additional 4,927 shares during the last quarter. Mediolanum International Funds Ltd raised its stake 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 period. Public Employees Retirement System of Ohio lifted its holdings in Lennox International by 0.8% during the third quarter. Public Employees Retirement System of Ohio now owns 17,333 shares of the construction company’s stock valued at $10,474,000 after purchasing an additional 145 shares during the last quarter. Finally, DnB Asset Management AS boosted its position in Lennox International by 94.4% during the fourth quarter. DnB Asset Management AS now owns 15,814 shares of the construction company’s stock worth $9,635,000 after purchasing an additional 7,679 shares during the period. Hedge funds and other institutional investors own 67.07% of the company’s stock.

Insider Buying and Selling at Lennox International

In other Lennox International news, CAO Chris Kosel sold 194 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $644.20, for a total value of $124,974.80. Following the completion of the sale, the chief accounting officer now owns 1,282 shares in the company, valued at approximately $825,864.40. The trade was a 13.14 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 10.40% of the company’s stock.

Lennox International Stock Down 4.4 %

LII opened at $552.20 on Friday. The business’s fifty day simple moving average is $603.95 and its 200 day simple moving average is $615.69. Lennox International Inc. has a 52 week low of $445.63 and a 52 week high of $682.50. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.98. The stock has a market cap of $19.65 billion, a PE ratio of 24.50, a P/E/G ratio of 2.36 and a beta of 1.13.

Lennox International (NYSE:LII) last announced 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 return on equity of 126.79% and a net margin of 15.11%. As a group, research analysts expect that Lennox International Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be paid a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 0.83%. The ex-dividend date of this dividend is Wednesday, April 30th. Lennox International’s dividend payout ratio is presently 20.41%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on LII. Barclays upgraded shares of Lennox International from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $665.00 to $702.00 in a research note on Wednesday, February 26th. JPMorgan Chase & Co. increased their target price on Lennox International from $536.00 to $565.00 and gave the stock an “underweight” rating in a research report on Thursday, January 30th. Royal Bank of Canada lifted their price target on Lennox International from $617.00 to $642.00 and gave the company a “sector perform” rating in a research report on Thursday, January 30th. Mizuho cut Lennox International from an “outperform” rating to a “neutral” rating and dropped their price objective for the stock from $675.00 to $625.00 in a report on Thursday, January 30th. Finally, Morgan Stanley initiated coverage on Lennox International in a report on Monday, January 6th. They set an “underweight” rating and a $595.00 target price for the company. Four equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $614.62.

Lennox International Company 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.