Jones Financial Companies Lllp Raises Holdings in Lennox International Inc. (NYSE:LII)

Jones Financial Companies Lllp lifted its stake in Lennox International Inc. (NYSE:LII) by 487.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 429 shares of the construction company’s stock after acquiring an additional 356 shares during the quarter. Jones Financial Companies Lllp’s holdings in Lennox International were worth $261,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Wilmington Savings Fund Society FSB purchased a new stake in shares of Lennox International during the third quarter worth $27,000. First Horizon Advisors Inc. purchased a new stake in Lennox International in the third quarter valued at approximately $39,000. Huntington National Bank increased its stake in Lennox International by 47.9% in the third quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after purchasing an additional 23 shares during the period. Private Trust Co. NA lifted its position in Lennox International by 62.5% during the 4th quarter. Private Trust Co. NA now owns 117 shares of the construction company’s stock worth $71,000 after acquiring an additional 45 shares during the period. Finally, Quantbot Technologies LP purchased a new position in Lennox International during the 3rd quarter worth $77,000. 67.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. UBS Group raised their target price on Lennox International from $575.00 to $625.00 and gave the company a “neutral” rating in a report on Friday, January 3rd. Stephens reiterated an “overweight” rating and issued a $750.00 price target on shares of Lennox International in a report on Friday, March 7th. Royal Bank of Canada lifted their price target on shares of Lennox International from $617.00 to $642.00 and gave the company a “sector perform” rating in a report on Thursday, January 30th. Barclays raised shares of Lennox International from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $665.00 to $702.00 in a research note on Wednesday, February 26th. Finally, Northcoast Research began coverage on shares of Lennox International in a research report on Friday, November 22nd. They set a “sell” rating and a $475.00 target price on the stock. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Lennox International presently has a consensus rating of “Hold” and an average target price of $614.62.

Lennox International Stock Performance

LII opened at $570.09 on Thursday. Lennox International Inc. has a twelve month low of $445.63 and a twelve month high of $682.50. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98. The stock has a market cap of $20.28 billion, a PE ratio of 25.29, a price-to-earnings-growth ratio of 2.36 and a beta of 1.13. The business’s 50 day moving average is $614.82 and its 200-day moving average is $615.04.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, January 29th. The construction company reported $5.60 EPS for the quarter, topping the consensus estimate of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. On average, analysts predict that Lennox International Inc. will post 22.94 earnings per share for the current year.

Insider Buying and Selling at Lennox International

In other Lennox International news, CAO Chris Kosel sold 194 shares of the company’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $644.20, for a total value of $124,974.80. Following the transaction, the chief accounting officer now owns 1,282 shares in the company, valued at approximately $825,864.40. This represents a 13.14 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 10.40% of the company’s stock.

Lennox International 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.