New Age Alpha Advisors LLC Invests $3.66 Million in Lennox International Inc. (NYSE:LII)

New Age Alpha Advisors LLC bought a new stake in Lennox International Inc. (NYSE:LII - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 6,009 shares of the construction company's stock, valued at approximately $3,661,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of LII. Wilmington Savings Fund Society FSB purchased a new stake in Lennox International in the 3rd quarter valued at $27,000. Private Trust Co. NA boosted its stake in shares of Lennox International by 62.5% in the fourth quarter. Private Trust Co. NA now owns 117 shares of the construction company's stock valued at $71,000 after purchasing an additional 45 shares during the period. Quantbot Technologies LP acquired a new stake in Lennox International in the 3rd quarter valued at about $77,000. Anchor Investment Management LLC purchased a new stake in shares of Lennox International in the 3rd quarter valued at approximately $124,000. Finally, Vicus Capital purchased a new stake in shares of Lennox International during the 4th quarter worth $202,000. 67.07% of the stock is owned by institutional investors and hedge funds.

Lennox International Stock Up 1.6 %

Shares of LII traded up $9.11 during mid-day trading on Wednesday, reaching $573.94. The company's stock had a trading volume of 96,430 shares, compared to its average volume of 405,591. The business has a fifty day moving average of $600.22 and a 200 day moving average of $615.74. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.98. The company has a market cap of $20.42 billion, a price-to-earnings ratio of 25.46, a price-to-earnings-growth ratio of 2.36 and a beta of 1.07. Lennox International Inc. has a 1 year low of $445.63 and a 1 year high of $682.50.

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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 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%. As a group, analysts forecast that Lennox International Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Wednesday, April 30th. Lennox International's dividend payout ratio is currently 20.41%.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. upped their price objective on shares of Lennox International from $536.00 to $565.00 and gave the company an "underweight" rating in a research note on Thursday, January 30th. Mizuho downgraded shares of Lennox International from an "outperform" rating to a "neutral" rating and reduced their price target for the company from $675.00 to $625.00 in a research report on Thursday, January 30th. UBS Group raised their price objective 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. Wells Fargo & Company reissued an "underweight" rating and set a $580.00 price target (down previously from $630.00) on shares of Lennox International in a report on Monday, February 3rd. Finally, Royal Bank of Canada lifted their target price 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, five have given a hold rating and four have assigned a buy rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $614.62.

Insider Buying and Selling at Lennox International

In other Lennox International news, CAO Chris Kosel sold 194 shares of the company's stock in a transaction that occurred 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 transaction, the chief accounting officer now owns 1,282 shares of the company's stock, valued at $825,864.40. This represents a 13.14 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Corporate insiders own 10.40% of the company's stock.

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.