Lennox International Inc. (NYSE:LII) Shares Sold by Rhumbline Advisers

Rhumbline Advisers reduced its position in shares of Lennox International Inc. (NYSE:LII - Free Report) by 35.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,325 shares of the construction company's stock after selling 35,146 shares during the period. Rhumbline Advisers owned approximately 0.18% of Lennox International worth $38,584,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of LII. Vicus Capital acquired a new stake in Lennox International in the fourth quarter valued at $202,000. V Square Quantitative Management LLC increased its stake in Lennox International by 94.9% during the 4th quarter. V Square Quantitative Management LLC now owns 690 shares of the construction company's stock valued at $420,000 after purchasing an additional 336 shares in the last quarter. Hartford Investment Management Co. acquired a new stake in shares of Lennox International in the 4th quarter worth about $1,207,000. Eukles Asset Management purchased a new position in shares of Lennox International during the fourth quarter valued at approximately $447,000. Finally, Entropy Technologies LP raised 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 valued at $3,376,000 after purchasing an additional 4,400 shares during the last quarter. 67.07% of the stock is currently owned by institutional investors.

Insider Activity at Lennox International

In other Lennox International news, Director Todd J. Teske sold 500 shares of the company's stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $675.52, for a total value of $337,760.00. Following the completion of the transaction, the director now owns 7,911 shares in the company, valued at approximately $5,344,038.72. This represents a 5.94 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 10.40% of the stock is currently owned by insiders.

Analyst Ratings Changes

LII has been the topic of a number of research reports. JPMorgan Chase & Co. lifted their price target on shares of Lennox International from $536.00 to $565.00 and gave the stock an "underweight" rating in a report on Thursday, January 30th. Barclays cut their target price on Lennox International from $674.00 to $665.00 and set an "equal weight" rating for the company in a research note on Thursday, January 30th. Northcoast Research initiated coverage on Lennox International in a research report on Friday, November 22nd. They set a "sell" rating and a $475.00 price target for the company. UBS Group lifted their price target on Lennox International from $575.00 to $625.00 and gave the company a "neutral" rating in a research report on Friday, January 3rd. Finally, Robert W. Baird boosted their target price on Lennox International from $648.00 to $656.00 and gave the stock a "neutral" rating in a research report on Thursday, October 24th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. According to MarketBeat.com, Lennox International has an average rating of "Hold" and an average price target of $606.00.

Lennox International Trading Down 4.3 %

Shares of Lennox International stock traded down $27.28 on Friday, hitting $614.10. 380,003 shares of the company traded hands, compared to its average volume of 381,274. The stock's 50 day moving average price is $624.78 and its 200-day moving average price is $611.80. 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 52 week low of $445.63 and a 52 week high of $682.50. The company has a market cap of $21.85 billion, a PE ratio of 27.25, a PEG ratio of 2.39 and a beta of 1.10.

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 (EPS) for the quarter, beating 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%. Equities research analysts predict that Lennox International Inc. will post 22.94 EPS for the current year.

Lennox International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date of this dividend was Tuesday, December 31st. Lennox International's dividend payout ratio (DPR) is presently 20.41%.

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.