Lennox International Inc. (NYSE:LII) Holdings Raised by DnB Asset Management AS

DnB Asset Management AS lifted its position in Lennox International Inc. (NYSE:LII - Free Report) by 94.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 15,814 shares of the construction company's stock after buying an additional 7,679 shares during the quarter. DnB Asset Management AS's holdings in Lennox International were worth $9,635,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in LII. Geode Capital Management LLC lifted its stake in Lennox International by 2.2% in the third quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company's stock worth $345,645,000 after acquiring an additional 12,183 shares during the last quarter. BNP Paribas Financial Markets increased its holdings in Lennox International by 26.9% in the third quarter. BNP Paribas Financial Markets now owns 23,261 shares of the construction company's stock valued at $14,056,000 after buying an additional 4,927 shares during the last quarter. Mediolanum International Funds Ltd raised its stake in Lennox International by 469.6% in the fourth quarter. Mediolanum International Funds Ltd now owns 21,053 shares of the construction company's stock valued at $12,895,000 after buying an additional 17,357 shares in the last quarter. Public Employees Retirement System of Ohio lifted its stake 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 worth $10,474,000 after purchasing an additional 145 shares during the last quarter. Finally, MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its stake in Lennox International by 46.1% in the fourth quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH now owns 10,550 shares of the construction company's stock valued at $6,478,000 after purchasing an additional 3,330 shares during the last quarter. Institutional investors and hedge funds own 67.07% of the company's stock.

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Lennox International Trading Down 3.8 %

Shares of LII stock traded down $22.05 during trading hours on Thursday, hitting $552.48. 194,303 shares of the company were exchanged, compared to its average volume of 405,712. Lennox International Inc. has a 1 year low of $445.63 and a 1 year 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 firm has a fifty day moving average of $598.47 and a 200 day moving average of $615.46. The firm has a market cap of $19.66 billion, a PE ratio of 24.51, a PEG ratio of 2.36 and a beta of 1.07.

Lennox International (NYSE:LII - Get Free Report) last released its quarterly earnings data on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, beating 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%. Analysts expect that Lennox International Inc. will post 22.94 earnings per share for the current year.

Lennox International Announces Dividend

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

Analysts Set New Price Targets

LII has been the subject of several research analyst reports. Stephens restated an "overweight" rating and issued a $750.00 price objective on shares of Lennox International in a research note on Friday, March 7th. Morgan Stanley began coverage on shares of Lennox International in a research report on Monday, January 6th. They set an "underweight" rating and a $595.00 price objective on the stock. UBS Group upped their target price on shares of Lennox International from $575.00 to $625.00 and gave the company a "neutral" rating in a report on Friday, January 3rd. Mizuho lowered Lennox International from an "outperform" rating to a "neutral" rating and lowered their price target for the stock from $675.00 to $625.00 in a report on Thursday, January 30th. Finally, Wells Fargo & Company reissued an "underweight" rating and issued a $580.00 target price (down previously from $630.00) on shares of Lennox International in a report on Monday, February 3rd. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $614.62.

Insider Transactions at Lennox International

In related news, CAO Chris Kosel sold 194 shares of the company's stock in a transaction on Friday, February 21st. The shares were sold at an average price of $644.20, for a total transaction of $124,974.80. Following the completion of the sale, the chief accounting officer now directly owns 1,282 shares of the company's stock, valued at approximately $825,864.40. This represents a 13.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 10.40% of the company's stock.

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.