BNP Paribas Financial Markets Buys 4,927 Shares of Lennox International Inc. (NYSE:LII)

BNP Paribas Financial Markets boosted its position in Lennox International Inc. (NYSE:LII - Free Report) by 26.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,261 shares of the construction company's stock after purchasing an additional 4,927 shares during the quarter. BNP Paribas Financial Markets owned approximately 0.07% of Lennox International worth $14,056,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. GAMMA Investing LLC raised its position in shares of Lennox International by 38.6% in the 2nd quarter. GAMMA Investing LLC now owns 255 shares of the construction company's stock worth $136,000 after purchasing an additional 71 shares during the last quarter. Massmutual Trust Co. FSB ADV boosted its position in Lennox International by 38.8% in the second quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company's stock worth $36,000 after purchasing an additional 19 shares during the last quarter. DNB Asset Management AS grew its stake in shares of Lennox International by 2.6% during the 2nd quarter. DNB Asset Management AS now owns 7,848 shares of the construction company's stock valued at $4,199,000 after purchasing an additional 196 shares during the period. Valeo Financial Advisors LLC purchased a new stake in shares of Lennox International during the 2nd quarter valued at about $208,000. Finally, Tilia Fiduciary Partners Inc. lifted its stake in shares of Lennox International by 2.8% in the 2nd quarter. Tilia Fiduciary Partners Inc. now owns 4,632 shares of the construction company's stock worth $2,478,000 after purchasing an additional 125 shares during the period. 67.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

LII has been the topic of several analyst reports. Mizuho lifted their price target on shares of Lennox International from $650.00 to $675.00 and gave the stock an "outperform" rating in a research note on Thursday, October 24th. KeyCorp lowered Lennox International from an "overweight" rating to a "sector weight" rating in a report on Tuesday, October 15th. Wells Fargo & Company upped their price target on Lennox International from $570.00 to $615.00 and gave the stock an "equal weight" rating in a research report on Monday, October 7th. Robert W. Baird increased their target price on shares of Lennox International from $648.00 to $656.00 and gave the stock a "neutral" rating in a report on Thursday, October 24th. Finally, Royal Bank of Canada lifted their price target on shares of Lennox International from $604.00 to $619.00 and gave the company a "sector perform" rating in a report on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Lennox International currently has a consensus rating of "Hold" and an average price target of $575.54.

Insider Transactions at Lennox International

In related news, Director Sherry Buck sold 500 shares of the business's stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $660.74, for a total transaction of $330,370.00. Following the completion of the transaction, the director now owns 1,693 shares in the company, valued at $1,118,632.82. The trade was a 22.80 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Shane D. Wall sold 325 shares of the company's stock in a transaction on Monday, October 28th. The shares were sold at an average price of $612.97, for a total value of $199,215.25. Following the completion of the transaction, the director now directly owns 2,035 shares in the company, valued at $1,247,393.95. This trade represents a 13.77 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 2,106 shares of company stock worth $1,353,233. 10.40% of the stock is currently owned by company insiders.

Lennox International Price Performance

Shares of LII traded up $0.33 during midday trading on Monday, hitting $667.46. 150,619 shares of the company traded hands, compared to its average volume of 271,072. The stock has a market cap of $23.77 billion, a price-to-earnings ratio of 31.68, a PEG ratio of 2.05 and a beta of 1.07. The firm has a 50 day moving average of $616.77 and a 200-day moving average of $572.31. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.87 and a current ratio of 1.39. Lennox International Inc. has a 52 week low of $406.40 and a 52 week high of $682.50.

Lennox International (NYSE:LII - Get Free Report) last announced its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, beating analysts' consensus estimates 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 analyst estimates of $1.42 billion. During the same period in the prior year, the company earned $5.37 earnings per share. The firm's revenue was up 9.6% on a year-over-year basis. On average, analysts forecast that Lennox International Inc. will post 21.1 EPS for the current fiscal year.

Lennox International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.69%. The ex-dividend date was Monday, September 30th. Lennox International's payout ratio is 21.84%.

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.