Lennox International Inc. (NYSE:LII) Shares Acquired by Harbor Capital Advisors Inc.

Harbor Capital Advisors Inc. boosted its position in Lennox International Inc. (NYSE:LIIFree Report) by 3.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 681 shares of the construction company’s stock after buying an additional 20 shares during the quarter. Harbor Capital Advisors Inc.’s holdings in Lennox International were worth $415,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in LII. L & S Advisors Inc lifted its stake in shares of Lennox International by 0.8% in the second quarter. L & S Advisors Inc now owns 5,335 shares of the construction company’s stock worth $2,854,000 after acquiring an additional 40 shares in the last quarter. Argent Trust Co boosted its stake in shares of Lennox International by 6.6% during the 2nd quarter. Argent Trust Co now owns 665 shares of the construction company’s stock valued at $356,000 after buying an additional 41 shares during the last quarter. Pacer Advisors Inc. grew its position in shares of Lennox International by 5.0% during the second quarter. Pacer Advisors Inc. now owns 7,306 shares of the construction company’s stock worth $3,909,000 after buying an additional 349 shares in the last quarter. Toronto Dominion Bank increased its stake in shares of Lennox International by 2.2% in the second quarter. Toronto Dominion Bank now owns 3,119 shares of the construction company’s stock worth $1,669,000 after buying an additional 66 shares during the last quarter. Finally, Dorsey Wright & Associates raised its holdings in Lennox International by 2.6% in the second quarter. Dorsey Wright & Associates now owns 3,768 shares of the construction company’s stock valued at $2,016,000 after acquiring an additional 96 shares in the last quarter. 67.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

LII has been the subject of several research analyst reports. Northcoast Research assumed coverage on shares of Lennox International in a research report on Friday, November 22nd. They issued a “sell” rating and a $475.00 target price for the company. Barclays upped their price objective on Lennox International from $624.00 to $674.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. UBS Group lifted their target price on Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a research report on Friday, January 3rd. Robert W. Baird upped their price target on Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada boosted their target price on shares of Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Lennox International currently has a consensus rating of “Hold” and a consensus target price of $590.50.

View Our Latest Analysis on LII

Insider Buying and Selling

In other news, EVP John D. Torres sold 581 shares of the business’s stock in a transaction on Friday, October 25th. The stock was sold at an average price of $620.98, for a total value of $360,789.38. Following the sale, the executive vice president now owns 4,668 shares of the company’s stock, valued at approximately $2,898,734.64. The trade was a 11.07 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Shane D. Wall sold 325 shares of the firm’s stock in a transaction dated Monday, October 28th. The shares were sold at an average price of $612.97, for a total value of $199,215.25. Following the transaction, the director now directly owns 2,035 shares of the company’s stock, valued at $1,247,393.95. This represents a 13.77 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 2,106 shares of company stock valued at $1,353,233 over the last quarter. Corporate insiders own 10.40% of the company’s stock.

Lennox International Price Performance

Shares of NYSE:LII opened at $626.68 on Wednesday. The company has a current ratio of 1.39, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10. The firm’s 50 day moving average is $635.38 and its two-hundred day moving average is $598.71. The firm has a market capitalization of $22.32 billion, a P/E ratio of 29.76, a PEG ratio of 2.04 and a beta of 1.11. Lennox International Inc. has a 52 week low of $412.09 and a 52 week high of $682.50.

Lennox International (NYSE:LIIGet Free Report) last released its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.95 by $0.73. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter in the prior year, the business posted $5.37 earnings per share. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. Analysts anticipate that Lennox International Inc. will post 21.1 earnings per share for the current year.

Lennox International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be issued a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 0.73%. The ex-dividend date of this dividend is Tuesday, December 31st. Lennox International’s dividend payout ratio (DPR) is presently 21.84%.

Lennox International Profile

(Free Report)

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.

Read More

Institutional Ownership by Quarter for Lennox International (NYSE:LII)

Receive News & Ratings for Lennox International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International and related companies with MarketBeat.com's FREE daily email newsletter.