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

New York State Teachers Retirement System trimmed its stake in shares of Lennox International Inc. (NYSE:LII - Free Report) by 13.6% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,343 shares of the construction company's stock after selling 4,920 shares during the quarter. New York State Teachers Retirement System owned 0.09% of Lennox International worth $19,097,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of LII. Whittier Trust Co. of Nevada Inc. grew its stake in Lennox International by 87.7% during the 3rd quarter. Whittier Trust Co. of Nevada Inc. now owns 229 shares of the construction company's stock worth $138,000 after purchasing an additional 107 shares in the last quarter. Nisa Investment Advisors LLC grew its stake in Lennox International by 36.0% during the 3rd quarter. Nisa Investment Advisors LLC now owns 6,776 shares of the construction company's stock worth $4,104,000 after purchasing an additional 1,792 shares in the last quarter. Congress Asset Management Co. acquired a new position in Lennox International during the 3rd quarter worth $202,000. Cigna Investments Inc. New acquired a new position in Lennox International during the 3rd quarter worth $205,000. Finally, New York State Common Retirement Fund grew its stake in Lennox International by 3.8% during the 3rd quarter. New York State Common Retirement Fund now owns 55,113 shares of the construction company's stock worth $33,304,000 after purchasing an additional 2,013 shares in the last quarter. 67.07% of the stock is owned by institutional investors and hedge funds.

Lennox International Stock Performance

Shares of NYSE LII traded down $9.42 during trading hours on Thursday, reaching $641.74. The stock had a trading volume of 345,567 shares, compared to its average volume of 381,310. The firm has a market cap of $22.83 billion, a price-to-earnings ratio of 28.47, a PEG ratio of 2.34 and a beta of 1.10. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98. Lennox International Inc. has a fifty-two week low of $444.46 and a fifty-two week high of $682.50. The firm has a 50-day moving average of $625.19 and a 200-day moving average of $611.59.

Lennox International (NYSE:LII - Get Free Report) last announced its earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, beating 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 research analysts predict that Lennox International Inc. will post 22.94 earnings per share for the current year.

Lennox International Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders 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 0.72%. Lennox International's dividend payout ratio (DPR) is currently 20.41%.

Wall Street Analyst Weigh In

LII has been the subject of several analyst reports. Royal Bank of Canada upped their price objective on 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 lowered their price objective on Lennox International from $674.00 to $665.00 and set an "equal weight" rating for the company in a research report on Thursday, January 30th. Wells Fargo & Company reaffirmed an "underweight" rating and set a $580.00 price objective (down from $630.00) on shares of Lennox International in a research report on Monday, February 3rd. JPMorgan Chase & Co. upped their price objective on Lennox International from $536.00 to $565.00 and gave the stock an "underweight" rating in a research report on Thursday, January 30th. Finally, UBS Group upped their price objective on Lennox International from $575.00 to $625.00 and gave the stock a "neutral" rating in a research report on Friday, January 3rd. Four analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus price target of $606.00.

Insider Buying and Selling at Lennox International

In other Lennox International news, Director Sherry Buck sold 500 shares of Lennox International 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 in the company, valued at approximately $1,118,632.82. This trade represents a 22.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 10.40% of the company's stock.

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.