Lennox International Inc. (NYSE:LII) Stock Holdings Decreased by Forsta AP Fonden

Forsta AP Fonden trimmed its holdings in Lennox International Inc. (NYSE:LII - Free Report) by 54.2% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 7,700 shares of the construction company's stock after selling 9,100 shares during the period. Forsta AP Fonden's holdings in Lennox International were worth $4,692,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB acquired a new stake in Lennox International in the third quarter valued at $27,000. First Horizon Advisors Inc. bought a new stake in shares of Lennox International in the 3rd quarter worth about $39,000. Huntington National Bank raised its stake in shares of Lennox International by 47.9% in the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company's stock valued at $43,000 after purchasing an additional 23 shares in the last quarter. UMB Bank n.a. lifted its position in shares of Lennox International by 388.9% during the third quarter. UMB Bank n.a. now owns 88 shares of the construction company's stock worth $53,000 after purchasing an additional 70 shares during the last quarter. Finally, Quantbot Technologies LP acquired a new position in Lennox International in the third quarter worth about $77,000. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

Lennox International Stock Performance

Lennox International stock traded down $4.40 during midday trading on Tuesday, reaching $578.53. 305,865 shares of the stock traded hands, compared to its average volume of 387,230. Lennox International Inc. has a fifty-two week low of $412.09 and a fifty-two week high of $682.50. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98. The firm has a market cap of $20.61 billion, a price-to-earnings ratio of 25.67, a PEG ratio of 2.16 and a beta of 1.10. The firm has a fifty day moving average price of $636.16 and a two-hundred day moving average price of $608.35.

Lennox International (NYSE:LII - Get Free Report) last issued its quarterly earnings data on Wednesday, January 29th. The construction company reported $5.60 earnings per share (EPS) for the quarter, topping 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%. On average, equities research analysts forecast that Lennox International Inc. will post 23.09 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. Stockholders of record on Tuesday, December 31st were paid a $1.15 dividend. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $4.60 annualized dividend and a dividend yield of 0.80%. Lennox International's payout ratio is 20.41%.

Insider Activity

In other Lennox International news, CAO Chris Kosel sold 200 shares of the stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $625.49, for a total transaction of $125,098.00. Following the completion of the transaction, the chief accounting officer now directly owns 1,446 shares of the company's stock, valued at approximately $904,458.54. This trade represents a 12.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Sherry Buck sold 500 shares of the company's stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $660.74, for a total value of $330,370.00. Following the completion of the sale, the director now owns 1,693 shares of the company's stock, valued at approximately $1,118,632.82. This trade represents a 22.80 % decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,200 shares of company stock valued at $793,228. Company insiders own 10.40% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. UBS Group upped their price objective on Lennox International from $575.00 to $625.00 and gave the company a "neutral" rating in a research note on Friday, January 3rd. KeyCorp downgraded Lennox International from an "overweight" rating to a "sector weight" rating in a report on Tuesday, October 15th. Mizuho cut Lennox International from an "outperform" rating to a "neutral" rating and reduced their price objective for the stock from $675.00 to $625.00 in a research note on Thursday, January 30th. Robert W. Baird boosted their target price on shares of Lennox International from $648.00 to $656.00 and gave the company a "neutral" rating in a research note on Thursday, October 24th. Finally, Barclays dropped their target price on shares of Lennox International from $674.00 to $665.00 and set an "equal weight" rating on the stock in a report on Thursday, January 30th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Lennox International currently has a consensus rating of "Hold" and an average target price of $606.00.

Lennox International 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.