Lennox International Inc. (NYSE:LII) Shares Sold by New York State Common Retirement Fund

New York State Common Retirement Fund cut its holdings in Lennox International Inc. (NYSE:LII - Free Report) by 2.7% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 53,613 shares of the construction company's stock after selling 1,500 shares during the period. New York State Common Retirement Fund owned approximately 0.15% of Lennox International worth $32,666,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Mediolanum International Funds Ltd grew its stake in Lennox International by 469.6% during the fourth quarter. Mediolanum International Funds Ltd now owns 21,053 shares of the construction company's stock worth $12,895,000 after buying an additional 17,357 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Lennox International by 2.2% in the third quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company's stock worth $345,645,000 after acquiring an additional 12,183 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec lifted its holdings in shares of Lennox International by 1,065.7% in the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 7,670 shares of the construction company's stock worth $4,635,000 after acquiring an additional 7,012 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of Lennox International by 26.9% in the third quarter. BNP Paribas Financial Markets now owns 23,261 shares of the construction company's stock worth $14,056,000 after acquiring an additional 4,927 shares during the last quarter. Finally, Entropy Technologies LP lifted its holdings in shares of Lennox International by 386.0% in the fourth quarter. Entropy Technologies LP now owns 5,540 shares of the construction company's stock worth $3,376,000 after acquiring an additional 4,400 shares during the last quarter. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Lennox International Price Performance

Shares of LII traded down $27.28 during midday trading on Friday, hitting $614.10. 380,004 shares of the company traded hands, compared to its average volume of 381,274. The stock has a 50-day moving average of $624.78 and a 200-day moving average of $611.80. Lennox International Inc. has a one year low of $445.63 and a one year high of $682.50. The firm has a market cap of $21.85 billion, a P/E ratio of 27.25, a PEG ratio of 2.39 and a beta of 1.10. 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 posted its quarterly earnings data 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, sell-side analysts predict that Lennox International Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $1.15 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $4.60 annualized dividend and a yield of 0.75%. Lennox International's payout ratio is 20.41%.

Insiders Place Their Bets

In related news, Director Sherry Buck sold 500 shares of the business's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $660.74, for a total value of $330,370.00. Following the transaction, the director now directly owns 1,693 shares of the company's stock, valued at approximately $1,118,632.82. The trade was a 22.80 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 10.40% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently issued reports on LII. UBS Group raised their price objective on shares of Lennox International from $575.00 to $625.00 and gave the company a "neutral" rating in a report on Friday, January 3rd. Mizuho downgraded shares of Lennox International from an "outperform" rating to a "neutral" rating and dropped their price target for the stock from $675.00 to $625.00 in a research report on Thursday, January 30th. Royal Bank of Canada boosted their price target on shares of Lennox International from $617.00 to $642.00 and gave the stock a "sector perform" rating in a research report on Thursday, January 30th. Barclays dropped their price target on shares of Lennox International from $674.00 to $665.00 and set an "equal weight" rating on the stock in a research report on Thursday, January 30th. Finally, Wells Fargo & Company reiterated an "underweight" rating and issued a $580.00 price objective (down previously from $630.00) on shares of Lennox International in a research note on Monday, February 3rd. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and three have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target 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.