Eukles Asset Management Makes New Investment in Lennox International Inc. (NYSE:LII)

Eukles Asset Management purchased a new position in shares of Lennox International Inc. (NYSE:LII - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 734 shares of the construction company's stock, valued at approximately $447,000.

A number of other institutional investors also recently bought and sold shares of the business. Entropy Technologies LP increased its holdings in shares of Lennox International by 386.0% during the 4th quarter. Entropy Technologies LP now owns 5,540 shares of the construction company's stock valued at $3,376,000 after purchasing an additional 4,400 shares in the last quarter. Mediolanum International Funds Ltd increased its holdings in shares of Lennox International by 469.6% during the 4th quarter. Mediolanum International Funds Ltd now owns 21,053 shares of the construction company's stock valued at $12,895,000 after purchasing an additional 17,357 shares in the last quarter. Rappaport Reiches Capital Management LLC increased its holdings in shares of Lennox International by 11.9% during the 4th quarter. Rappaport Reiches Capital Management LLC now owns 1,139 shares of the construction company's stock valued at $694,000 after purchasing an additional 121 shares in the last quarter. MEAG MUNICH ERGO Kapitalanlagegesellschaft mbH increased its holdings in shares of Lennox International by 46.1% during the 4th 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 in the last quarter. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in shares of Lennox International by 360.8% during the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 341 shares of the construction company's stock valued at $208,000 after purchasing an additional 267 shares in the last quarter. 67.07% of the stock is owned by hedge funds and other institutional investors.

Lennox International Trading Up 1.8 %

Shares of LII stock traded up $11.15 on Thursday, hitting $619.87. 469,946 shares of the stock traded hands, compared to its average volume of 379,164. The firm's 50-day moving average price is $626.63 and its two-hundred day moving average price is $609.42. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.90 and a current ratio of 1.43. The stock has a market capitalization of $22.08 billion, a PE ratio of 27.50, a PEG ratio of 2.15 and a beta of 1.10. Lennox International Inc. has a twelve month low of $436.87 and a twelve month high of $682.50.

Lennox International (NYSE:LII - Get Free Report) last announced its quarterly earnings results 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 net margin of 15.11% and a return on equity of 126.79%. As a group, analysts anticipate that Lennox International Inc. will post 22.93 EPS for the current year.

Lennox International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a $1.15 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $4.60 annualized dividend and a yield of 0.74%. Lennox International's dividend payout ratio (DPR) is currently 20.41%.

Wall Street Analysts Forecast Growth

LII has been the topic of a number of research analyst reports. JPMorgan Chase & Co. lifted their price target on shares of Lennox International from $536.00 to $565.00 and gave the company an "underweight" rating in a research note on Thursday, January 30th. Barclays dropped their price target on shares of Lennox International from $674.00 to $665.00 and set an "equal weight" rating on the stock in a research note on Thursday, January 30th. 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 research note on Thursday, January 30th. Mizuho cut shares of Lennox International from an "outperform" rating to a "neutral" rating and dropped their price target for the company from $675.00 to $625.00 in a research note on Thursday, January 30th. Finally, Morgan Stanley initiated coverage on shares of Lennox International in a research note on Monday, January 6th. They issued an "underweight" rating and a $595.00 price target on the stock. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $606.00.

Insider Activity at Lennox International

In related news, Director Sherry Buck sold 500 shares of the business's stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $660.74, for a total value of $330,370.00. Following the sale, the director now directly owns 1,693 shares in the company, valued at approximately $1,118,632.82. The trade was a 22.80 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 10.40% of the stock is owned by insiders.

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.