Lennox International Inc. (NYSE:LII) Stock Position Decreased by Tilia Fiduciary Partners Inc.

Tilia Fiduciary Partners Inc. cut its stake in shares of Lennox International Inc. (NYSE:LII) by 0.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,598 shares of the construction company’s stock after selling 34 shares during the period. Lennox International makes up about 1.9% of Tilia Fiduciary Partners Inc.’s holdings, making the stock its 14th biggest position. Tilia Fiduciary Partners Inc.’s holdings in Lennox International were worth $2,779,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of LII. Forsta AP Fonden raised its holdings in Lennox International by 165.0% during the 1st quarter. Forsta AP Fonden now owns 21,200 shares of the construction company’s stock worth $10,362,000 after buying an additional 13,200 shares during the period. Swedbank AB purchased a new stake in shares of Lennox International in the 1st quarter valued at approximately $15,416,000. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of Lennox International by 9.0% in the 1st quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 73,135 shares of the construction company’s stock valued at $35,745,000 after acquiring an additional 6,041 shares in the last quarter. Central Pacific Bank Trust Division purchased a new position in Lennox International during the 1st quarter worth approximately $728,000. Finally, Brevan Howard Capital Management LP grew its position in Lennox International by 494.7% during the 4th quarter. Brevan Howard Capital Management LP now owns 3,622 shares of the construction company’s stock worth $1,621,000 after purchasing an additional 3,013 shares in the last quarter. 67.07% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

LII has been the subject of several recent analyst reports. Wells Fargo & Company raised their target price on Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a research report on Monday. Royal Bank of Canada lifted their target price on Lennox International from $566.00 to $572.00 and gave the company a “sector perform” rating in a research note on Thursday, July 25th. Robert W. Baird raised their price target on shares of Lennox International from $505.00 to $610.00 and gave the stock a “neutral” rating in a report on Monday, July 15th. TD Cowen boosted their target price on Lennox International from $550.00 to $600.00 and gave the company a “buy” rating in a research note on Friday, June 21st. Finally, Stephens reaffirmed an “overweight” rating and issued a $675.00 target price on shares of Lennox International in a research report on Thursday, July 25th. One research analyst has rated the stock with a sell rating, six have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $560.83.

Lennox International Stock Performance

Lennox International stock traded up $5.38 during trading hours on Wednesday, reaching $613.30. 18,730 shares of the company were exchanged, compared to its average volume of 272,887. Lennox International Inc. has a 12 month low of $334.53 and a 12 month high of $627.09. The company has a current ratio of 1.60, a quick ratio of 0.90 and a debt-to-equity ratio of 1.95. The stock has a 50-day moving average of $580.95 and a 200 day moving average of $533.34. The firm has a market cap of $21.85 billion, a price-to-earnings ratio of 35.22, a PEG ratio of 1.97 and a beta of 1.07.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, July 24th. The construction company reported $6.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.55 by $0.28. The business had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.48 billion. Lennox International had a net margin of 12.85% and a return on equity of 198.36%. Lennox International’s quarterly revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.15 EPS. As a group, research analysts anticipate that Lennox International Inc. will post 20.32 earnings per share for the current year.

Lennox International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th will be paid a $1.15 dividend. The ex-dividend date of this dividend is Monday, September 30th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.75%. Lennox International’s payout ratio is presently 26.65%.

Insider Transactions at Lennox International

In other news, EVP Prakash Bedapudi sold 3,434 shares of the company’s stock in a transaction that occurred on Monday, August 19th. The stock was sold at an average price of $578.00, for a total transaction of $1,984,852.00. Following the completion of the transaction, the executive vice president now directly owns 21,536 shares in the company, valued at $12,447,808. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other news, EVP Prakash Bedapudi sold 3,434 shares of the business’s stock in a transaction dated Monday, August 19th. The shares were sold at an average price of $578.00, for a total transaction of $1,984,852.00. Following the transaction, the executive vice president now owns 21,536 shares in the company, valued at approximately $12,447,808. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Sherry Buck sold 500 shares of the company’s stock in a transaction dated Friday, August 23rd. The shares were sold at an average price of $583.47, for a total transaction of $291,735.00. Following the transaction, the director now directly owns 2,193 shares of the company’s stock, valued at $1,279,549.71. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 13,052 shares of company stock worth $7,563,793. Company 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.