Quantbot Technologies LP Acquires 1,142 Shares of Lennox International Inc. (NYSE:LII)

Quantbot Technologies LP boosted its holdings in Lennox International Inc. (NYSE:LII - Free Report) by 892.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,270 shares of the construction company's stock after purchasing an additional 1,142 shares during the quarter. Quantbot Technologies LP's holdings in Lennox International were worth $774,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. BNP Paribas Financial Markets grew its stake in shares of Lennox International by 26.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 23,261 shares of the construction company's stock worth $14,056,000 after buying an additional 4,927 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Lennox International by 1,065.7% during the third quarter. Caisse DE Depot ET Placement DU Quebec now owns 7,670 shares of the construction company's stock valued at $4,635,000 after acquiring an additional 7,012 shares in the last quarter. Erste Asset Management GmbH bought a new position in shares of Lennox International during the third quarter valued at $493,000. Public Employees Retirement System of Ohio raised its position in shares of Lennox International by 0.8% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 17,333 shares of the construction company's stock worth $10,474,000 after purchasing an additional 145 shares during the last quarter. Finally, Geode Capital Management LLC boosted its stake in Lennox International by 2.2% in the 3rd quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company's stock worth $345,645,000 after purchasing an additional 12,183 shares in the last quarter. Institutional investors own 67.07% of the company's stock.

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Lennox International Stock Performance

Shares of LII traded down $25.12 on Friday, reaching $552.20. The company's stock had a trading volume of 369,215 shares, compared to its average volume of 334,234. The stock's 50 day simple moving average is $603.95 and its two-hundred day simple moving average is $616.04. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90. The stock has a market capitalization of $19.65 billion, a P/E ratio of 24.50, a PEG ratio of 2.36 and a beta of 1.13. Lennox International Inc. has a 12-month low of $445.63 and a 12-month high of $682.50.

Lennox International (NYSE:LII - Get Free Report) last issued 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%. Research analysts forecast that Lennox International Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th will be paid a $1.15 dividend. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.83%. Lennox International's dividend payout ratio (DPR) is presently 20.41%.

Insider Activity

In related news, CAO Chris Kosel sold 194 shares of Lennox International 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 sale, the chief accounting officer now owns 1,282 shares of the company's stock, valued at approximately $825,864.40. This trade represents a 13.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 10.40% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on LII shares. Morgan Stanley started coverage on shares of Lennox International in a report on Monday, January 6th. They issued an "underweight" rating and a $595.00 target price for the company. UBS Group boosted their price objective on shares of Lennox International from $575.00 to $625.00 and gave the stock a "neutral" rating in a report on Friday, January 3rd. Wells Fargo & Company reaffirmed an "underweight" rating and issued a $580.00 price objective (down from $630.00) on shares of Lennox International in a research report on Monday, February 3rd. Royal Bank of Canada lifted their target price on Lennox International from $617.00 to $642.00 and gave the stock a "sector perform" rating in a report on Thursday, January 30th. Finally, Mizuho downgraded Lennox International from an "outperform" rating to a "neutral" rating and lowered their price target for the company from $675.00 to $625.00 in a report on Thursday, January 30th. Four analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and a consensus price target of $614.62.

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.