Entropy Technologies LP Buys 4,400 Shares of Lennox International Inc. (NYSE:LII)

Entropy Technologies LP increased its stake in Lennox International Inc. (NYSE:LII - Free Report) by 386.0% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,540 shares of the construction company's stock after acquiring an additional 4,400 shares during the quarter. Entropy Technologies LP's holdings in Lennox International were worth $3,376,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. GAMMA Investing LLC raised its holdings in Lennox International by 27.8% during the 3rd quarter. GAMMA Investing LLC now owns 326 shares of the construction company's stock worth $197,000 after buying an additional 71 shares during the period. UMB Bank n.a. increased its position in shares of Lennox International by 388.9% in the third quarter. UMB Bank n.a. now owns 88 shares of the construction company's stock worth $53,000 after acquiring an additional 70 shares in the last quarter. Livforsakringsbolaget Skandia Omsesidigt raised its holdings in shares of Lennox International by 167.7% during the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 249 shares of the construction company's stock valued at $150,000 after acquiring an additional 156 shares during the period. Whittier Trust Co. of Nevada Inc. lifted its position in shares of Lennox International by 87.7% in the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 229 shares of the construction company's stock valued at $138,000 after acquiring an additional 107 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in Lennox International by 36.0% in the 3rd quarter. Nisa Investment Advisors LLC now owns 6,776 shares of the construction company's stock worth $4,104,000 after purchasing an additional 1,792 shares during the period. 67.07% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Lennox International

In other Lennox International news, Director Todd J. Teske sold 500 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $675.52, for a total transaction of $337,760.00. Following the completion of the sale, the director now directly owns 7,911 shares in the company, valued at $5,344,038.72. This represents a 5.94 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 10.40% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts have issued reports on LII shares. Wells Fargo & Company reissued an "underweight" rating and set a $580.00 target price (down from $630.00) on shares of Lennox International in a research note on Monday, February 3rd. Royal Bank of Canada upped their price target on Lennox International from $617.00 to $642.00 and gave the company a "sector perform" rating in a research report on Thursday, January 30th. JPMorgan Chase & Co. lifted their target price on 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 target price on Lennox International from $674.00 to $665.00 and set an "equal weight" rating on the stock in a report on Thursday, January 30th. Finally, Morgan Stanley initiated coverage on shares of Lennox International in a report on Monday, January 6th. They set an "underweight" rating and a $595.00 price target for the company. Four investment analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Lennox International presently has a consensus rating of "Hold" and a consensus price target of $606.00.

Lennox International Stock Up 1.1 %

NYSE:LII traded up $6.63 during trading hours on Wednesday, reaching $608.98. The company's stock had a trading volume of 505,767 shares, compared to its average volume of 375,924. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90. The company has a market cap of $21.69 billion, a price-to-earnings ratio of 27.02, a price-to-earnings-growth ratio of 2.15 and a beta of 1.10. Lennox International Inc. has a one year low of $423.09 and a one year high of $682.50. The business's 50-day moving average is $627.27 and its 200-day moving average is $609.35.

Lennox International (NYSE:LII - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The construction company reported $5.60 EPS for the quarter, beating analysts' consensus estimates of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. Equities research analysts predict that Lennox International Inc. will post 22.93 EPS for the current year.

Lennox International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 0.76%. The ex-dividend date of this dividend was Tuesday, December 31st. Lennox International's dividend payout ratio is currently 20.41%.

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.