Fifth Third Wealth Advisors LLC Sells 395 Shares of Lennox International Inc. (NYSE:LII)

Fifth Third Wealth Advisors LLC reduced its stake in shares of Lennox International Inc. (NYSE:LII - Free Report) by 42.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 536 shares of the construction company's stock after selling 395 shares during the quarter. Fifth Third Wealth Advisors LLC's holdings in Lennox International were worth $327,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Argent Trust Co grew its position in shares of Lennox International by 6.6% in the 2nd quarter. Argent Trust Co now owns 665 shares of the construction company's stock valued at $356,000 after purchasing an additional 41 shares during the period. Pacer Advisors Inc. grew its position in shares of Lennox International by 5.0% in the 2nd quarter. Pacer Advisors Inc. now owns 7,306 shares of the construction company's stock valued at $3,909,000 after purchasing an additional 349 shares during the period. Toronto Dominion Bank grew its position in shares of Lennox International by 2.2% in the 2nd quarter. Toronto Dominion Bank now owns 3,119 shares of the construction company's stock valued at $1,669,000 after purchasing an additional 66 shares during the period. Dorsey Wright & Associates grew its position in shares of Lennox International by 2.6% in the 2nd quarter. Dorsey Wright & Associates now owns 3,768 shares of the construction company's stock valued at $2,016,000 after purchasing an additional 96 shares during the period. Finally, Driehaus Capital Management LLC acquired a new position in shares of Lennox International in the 2nd quarter valued at approximately $11,115,000. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Lennox International

In other news, EVP John D. Torres sold 581 shares of Lennox International stock in a transaction on Friday, October 25th. The stock was sold at an average price of $620.98, for a total transaction of $360,789.38. Following the completion of the sale, the executive vice president now owns 4,668 shares of the company's stock, valued at approximately $2,898,734.64. This trade represents a 11.07 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Todd J. Teske sold 500 shares of Lennox International stock in a transaction on Monday, November 25th. The stock was sold at an average price of $675.52, for a total value of $337,760.00. Following the sale, the director now directly owns 7,911 shares of the company's stock, valued at $5,344,038.72. This represents a 5.94 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 2,106 shares of company stock worth $1,353,233. Company insiders own 10.40% of the company's stock.

Lennox International Stock Up 0.8 %

Shares of Lennox International stock traded up $5.06 on Friday, reaching $647.92. 233,176 shares of the company were exchanged, compared to its average volume of 614,127. Lennox International Inc. has a one year low of $412.09 and a one year high of $682.50. The company has a market capitalization of $23.08 billion, a price-to-earnings ratio of 30.77, a PEG ratio of 1.69 and a beta of 1.11. 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 company has a 50-day moving average of $636.68 and a 200 day moving average of $600.75.

Lennox International (NYSE:LII - Get Free Report) last posted its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share 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 business had revenue of $1.50 billion for the quarter, compared to analysts' expectations of $1.42 billion. During the same quarter in the prior year, the business earned $5.37 EPS. The firm's revenue for the quarter was up 9.6% on a year-over-year basis. On average, equities research analysts forecast that Lennox International Inc. will post 21.12 earnings per share for the current year.

Lennox International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 0.71%. The ex-dividend date was Tuesday, December 31st. Lennox International's dividend payout ratio (DPR) is presently 21.84%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Barclays boosted their price objective on Lennox International from $624.00 to $674.00 and gave the company an "equal weight" rating in a research report on Thursday, December 5th. Northcoast Research assumed coverage on Lennox International in a research report on Friday, November 22nd. They issued a "sell" rating and a $475.00 price objective for the company. UBS Group upped their price target on Lennox International from $575.00 to $625.00 and gave the stock a "neutral" rating in a research report on Friday, January 3rd. KeyCorp downgraded Lennox International from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, October 15th. Finally, Morgan Stanley assumed coverage on Lennox International in a research report on Monday, January 6th. They set an "underweight" rating and a $595.00 price target for the company. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Lennox International presently has an average rating of "Hold" and an average target price of $590.50.

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.