Oregon Public Employees Retirement Fund Has $1.68 Million Position in Lennox International Inc. (NYSE:LII)

Oregon Public Employees Retirement Fund lessened its holdings in shares of Lennox International Inc. (NYSE:LII - Free Report) by 57.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,750 shares of the construction company's stock after selling 3,782 shares during the period. Oregon Public Employees Retirement Fund's holdings in Lennox International were worth $1,676,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in LII. Crestwood Advisors Group LLC bought a new position in Lennox International in the 4th quarter valued at about $322,000. Vicus Capital bought a new position in shares of Lennox International in the fourth quarter valued at approximately $202,000. V Square Quantitative Management LLC boosted its holdings in shares of Lennox International by 94.9% in the fourth quarter. V Square Quantitative Management LLC now owns 690 shares of the construction company's stock valued at $420,000 after acquiring an additional 336 shares in the last quarter. Hartford Investment Management Co. acquired a new position in shares of Lennox International during the fourth quarter valued at approximately $1,207,000. Finally, Eukles Asset Management bought a new stake in Lennox International during the fourth quarter worth approximately $447,000. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Lennox International Trading Down 1.2 %

Lennox International stock traded down $6.76 during midday trading on Tuesday, reaching $580.23. The stock had a trading volume of 309,199 shares, compared to its average volume of 299,263. Lennox International Inc. has a twelve month low of $445.63 and a twelve month high of $682.50. 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 firm has a market cap of $20.64 billion, a price-to-earnings ratio of 25.72, a PEG ratio of 2.36 and a beta of 1.10. The firm's fifty day simple moving average is $619.88 and its two-hundred day simple moving average is $614.91.

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Lennox International (NYSE:LII - Get Free Report) last issued its earnings results on Wednesday, January 29th. The construction company reported $5.60 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%. Equities analysts anticipate that Lennox International Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $1.15 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.79%. Lennox International's dividend payout ratio is 20.41%.

Insider Transactions at Lennox International

In related news, CAO Chris Kosel sold 194 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $644.20, for a total transaction of $124,974.80. Following the completion of the sale, the chief accounting officer now directly owns 1,282 shares in the company, valued at approximately $825,864.40. This trade represents a 13.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 10.40% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

LII has been the topic of several research analyst reports. Mizuho cut Lennox International from an "outperform" rating to a "neutral" rating and lowered their price target for the company from $675.00 to $625.00 in a research report on Thursday, January 30th. Wells Fargo & Company reaffirmed an "underweight" rating and set a $580.00 target price (down from $630.00) on shares of Lennox International in a report on Monday, February 3rd. UBS Group boosted their price target on shares of Lennox International from $575.00 to $625.00 and gave the stock a "neutral" rating in a research report on Friday, January 3rd. Northcoast Research assumed coverage on shares of Lennox International in a research report on Friday, November 22nd. They set a "sell" rating and a $475.00 price objective for the company. Finally, JPMorgan Chase & Co. boosted their target price on shares of Lennox International from $536.00 to $565.00 and gave the stock an "underweight" rating in a report on Thursday, January 30th. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $608.85.

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.