Lennox International Inc. (NYSE:LII) Shares Acquired by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd lifted its position in Lennox International Inc. (NYSE:LII - Free Report) by 469.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,053 shares of the construction company's stock after buying an additional 17,357 shares during the period. Mediolanum International Funds Ltd owned approximately 0.06% of Lennox International worth $12,895,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in LII. Everence Capital Management Inc. purchased a new position in shares of Lennox International during the 4th quarter worth about $567,000. Toronto Dominion Bank grew its stake in Lennox International by 27.0% during the 3rd quarter. Toronto Dominion Bank now owns 3,960 shares of the construction company's stock valued at $2,393,000 after acquiring an additional 841 shares in the last quarter. New York State Common Retirement Fund boosted its stake in Lennox International by 3.8% during the third quarter. New York State Common Retirement Fund now owns 55,113 shares of the construction company's stock worth $33,304,000 after buying an additional 2,013 shares during the period. Harbor Capital Advisors Inc. raised its stake in shares of Lennox International by 3.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 681 shares of the construction company's stock valued at $415,000 after acquiring an additional 20 shares in the last quarter. Finally, National Pension Service raised its position in shares of Lennox International by 2.3% during the 3rd quarter. National Pension Service now owns 51,263 shares of the construction company's stock worth $30,978,000 after acquiring an additional 1,140 shares in the last quarter. 67.07% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Todd J. Teske sold 500 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $675.52, for a total value 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 sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CAO Chris Kosel sold 200 shares of the company's stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $625.49, for a total value of $125,098.00. Following the completion of the sale, the chief accounting officer now owns 1,446 shares of the company's stock, valued at approximately $904,458.54. The trade was a 12.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,200 shares of company stock worth $793,228 in the last three months. Corporate insiders own 10.40% of the company's stock.

Lennox International Stock Down 0.6 %

LII traded down $3.72 on Tuesday, hitting $579.22. The company had a trading volume of 134,908 shares, compared to its average volume of 379,179. The stock has a fifty day simple moving average of $637.91 and a 200-day simple moving average of $608.19. The firm has a market capitalization of $20.63 billion, a P/E ratio of 25.70, a P/E/G ratio of 2.16 and a beta of 1.10. Lennox International Inc. has a 52-week low of $412.09 and a 52-week 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.

Lennox International (NYSE:LII - Get Free Report) last released its quarterly earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $4.12 by $1.48. Lennox International had a net margin of 15.11% and a return on equity of 126.79%. As a group, equities analysts expect that Lennox International Inc. will post 23.09 EPS for the current fiscal year.

Lennox International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 0.79%. The ex-dividend date was Tuesday, December 31st. Lennox International's dividend payout ratio (DPR) is presently 20.41%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. UBS Group lifted their price target on shares of Lennox International from $575.00 to $625.00 and gave the company a "neutral" rating in a research report on Friday, January 3rd. JPMorgan Chase & Co. upped their target price on Lennox International from $536.00 to $565.00 and gave the company an "underweight" rating in a report on Thursday, January 30th. Robert W. Baird upped their price objective 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. KeyCorp lowered shares of Lennox International from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, October 15th. Finally, Royal Bank of Canada boosted their price target on Lennox International from $617.00 to $642.00 and gave the company a "sector perform" rating in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average price target of $606.00.

Lennox International Company 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.