Caisse DE Depot ET Placement DU Quebec Buys 7,012 Shares of Lennox International Inc. (NYSE:LII)

Caisse DE Depot ET Placement DU Quebec boosted its position in shares of Lennox International Inc. (NYSE:LII - Free Report) by 1,065.7% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,670 shares of the construction company's stock after acquiring an additional 7,012 shares during the quarter. Caisse DE Depot ET Placement DU Quebec's holdings in Lennox International were worth $4,635,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Massmutual Trust Co. FSB ADV lifted its stake in shares of Lennox International by 38.8% in the 2nd 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 period. Huntington National Bank raised its position in Lennox International by 47.9% in the third quarter. Huntington National Bank now owns 71 shares of the construction company's stock worth $43,000 after acquiring an additional 23 shares during the period. L & S Advisors Inc raised its position in Lennox International by 0.8% in the second quarter. L & S Advisors Inc now owns 5,335 shares of the construction company's stock worth $2,854,000 after acquiring an additional 40 shares during the period. Argent Trust Co boosted its stake in shares of Lennox International by 6.6% during the 2nd quarter. Argent Trust Co now owns 665 shares of the construction company's stock worth $356,000 after acquiring an additional 41 shares during the last quarter. Finally, Innealta Capital LLC bought a new stake in shares of Lennox International during the 2nd quarter valued at $33,000. 67.07% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms recently weighed in on LII. KeyCorp downgraded Lennox International from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, October 15th. Royal Bank of Canada lifted their price objective on Lennox International from $604.00 to $619.00 and gave the company a "sector perform" rating in a research report on Thursday, October 24th. Barclays upped their target price on shares of Lennox International from $575.00 to $624.00 and gave the stock an "equal weight" rating in a report on Thursday, October 24th. Northcoast Research began coverage on Lennox International in a report on Friday, November 22nd. They set a "sell" rating and a $475.00 price target on the stock. Finally, Robert W. Baird lifted their target price on Lennox International from $648.00 to $656.00 and gave the company a "neutral" rating in a research note on Thursday, October 24th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $575.54.

Insider Buying and Selling at Lennox International

In related news, Director Shane D. Wall sold 325 shares of the business's stock in a transaction on Monday, October 28th. The stock was sold at an average price of $612.97, for a total transaction of $199,215.25. Following the completion of the transaction, the director now owns 2,035 shares in the company, valued at $1,247,393.95. The trade was a 13.77 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP John D. Torres sold 581 shares of the stock in a transaction on Friday, October 25th. The stock was sold at an average price of $620.98, for a total value of $360,789.38. Following the completion of the sale, the executive vice president now owns 4,668 shares in the company, valued at approximately $2,898,734.64. The trade was a 11.07 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,106 shares of company stock worth $1,353,233 over the last quarter. Insiders own 10.40% of the company's stock.

Lennox International Price Performance

Shares of NYSE LII traded down $3.50 during mid-day trading on Tuesday, hitting $663.96. 158,535 shares of the company's stock traded hands, compared to its average volume of 270,622. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.39 and a quick ratio of 0.87. Lennox International Inc. has a 1 year low of $406.40 and a 1 year high of $682.50. The company's 50-day moving average is $617.78 and its two-hundred day moving average is $573.55. The company has a market capitalization of $23.65 billion, a P/E ratio of 31.53, a PEG ratio of 2.05 and a beta of 1.08.

Lennox International (NYSE:LII - Get Free Report) last issued its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $5.95 by $0.73. The business had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.42 billion. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The company's quarterly revenue was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business posted $5.37 earnings per share. On average, equities analysts anticipate that Lennox International Inc. will post 21.1 EPS for the current fiscal year.

Lennox International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend was Monday, September 30th. Lennox International's payout ratio is 21.84%.

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.