New York State Common Retirement Fund Purchases 2,013 Shares of Lennox International Inc. (NYSE:LII)

New York State Common Retirement Fund grew its holdings in Lennox International Inc. (NYSE:LII - Free Report) by 3.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 55,113 shares of the construction company's stock after purchasing an additional 2,013 shares during the period. New York State Common Retirement Fund owned about 0.15% of Lennox International worth $33,304,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Forsta AP Fonden raised its holdings in shares of Lennox International by 165.0% in the first quarter. Forsta AP Fonden now owns 21,200 shares of the construction company's stock valued at $10,362,000 after purchasing an additional 13,200 shares during the last quarter. Swedbank AB acquired a new position in Lennox International during the first quarter worth $15,416,000. Sumitomo Mitsui Trust Holdings Inc. increased its holdings in Lennox International by 9.0% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 73,135 shares of the construction company's stock worth $35,745,000 after buying an additional 6,041 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in Lennox International during the first quarter worth $728,000. Finally, Fifth Third Wealth Advisors LLC acquired a new position in Lennox International during the second quarter worth $491,000. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

LII has been the topic of a number of recent analyst reports. Royal Bank of Canada boosted their target price on shares of Lennox International from $604.00 to $619.00 and gave the stock a "sector perform" rating in a report on Thursday, October 24th. KeyCorp downgraded shares of Lennox International from an "overweight" rating to a "sector weight" rating in a report on Tuesday, October 15th. Mizuho upped their price objective on shares of Lennox International from $650.00 to $675.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Wells Fargo & Company upped their price objective on shares of Lennox International from $570.00 to $615.00 and gave the company an "equal weight" rating in a report on Monday, October 7th. Finally, 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 report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $583.92.

Lennox International Price Performance

LII traded up $0.90 on Friday, hitting $603.47. 157,833 shares of the stock were exchanged, compared to its average volume of 253,952. Lennox International Inc. has a 12 month low of $381.34 and a 12 month high of $627.46. The business has a 50-day moving average of $595.11 and a two-hundred day moving average of $548.99. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.39 and a quick ratio of 0.87. The firm has a market capitalization of $21.50 billion, a price-to-earnings ratio of 28.65, a PEG ratio of 1.85 and a beta of 1.07.

Lennox International (NYSE:LII - Get Free Report) last posted its earnings results on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, topping analysts' consensus estimates of $5.95 by $0.73. The firm had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.42 billion. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The business's revenue for the quarter was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $5.37 earnings per share. Sell-side analysts forecast that Lennox International Inc. will post 21.06 EPS for the current fiscal year.

Lennox International Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a $1.15 dividend. The ex-dividend date was Monday, September 30th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.76%. Lennox International's dividend payout ratio (DPR) is currently 21.84%.

Insider Transactions at Lennox International

In other news, EVP John D. Torres sold 581 shares of the company's stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $620.98, for a total value of $360,789.38. Following the completion of the transaction, the executive vice president now owns 4,668 shares of the company's stock, valued at $2,898,734.64. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. In other Lennox International news, Director Shane D. Wall sold 325 shares of the stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $612.97, for a total transaction of $199,215.25. Following the completion of the sale, the director now owns 2,035 shares of the company's stock, valued at approximately $1,247,393.95. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP John D. Torres sold 581 shares of the stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $620.98, for a total transaction of $360,789.38. Following the sale, the executive vice president now directly owns 4,668 shares of the company's stock, valued at $2,898,734.64. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 12,214 shares of company stock valued at $7,123,108. 10.40% of the stock is currently owned by insiders.

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.