Sciencast Management LP Invests $1.58 Million in Lennox International Inc. (NYSE:LII)

Sciencast Management LP purchased a new stake in Lennox International Inc. (NYSE:LII - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,596 shares of the construction company's stock, valued at approximately $1,582,000.

Several other institutional investors have also made changes to their positions in the stock. Wilmington Savings Fund Society FSB bought a new stake in Lennox International during the third quarter worth about $27,000. First Horizon Advisors Inc. bought a new stake in shares of Lennox International during the 3rd quarter worth approximately $39,000. Private Trust Co. NA lifted its holdings in shares of Lennox International by 62.5% during the 4th quarter. Private Trust Co. NA now owns 117 shares of the construction company's stock worth $71,000 after acquiring an additional 45 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Lennox International during the 3rd quarter worth approximately $77,000. Finally, Anchor Investment Management LLC bought a new position in Lennox International in the third quarter valued at approximately $124,000. 67.07% of the stock is currently owned by institutional investors.

Insider Activity at Lennox International

In other Lennox International news, CAO Chris Kosel sold 194 shares of the firm's stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $644.20, for a total transaction of $124,974.80. Following the completion of the transaction, the chief accounting officer now owns 1,282 shares in the company, valued at approximately $825,864.40. This trade represents a 13.14 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 10.40% of the stock is currently owned by company insiders.

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Lennox International Trading Down 0.3 %

Shares of LII stock traded down $1.46 during trading hours on Thursday, hitting $577.42. 430,571 shares of the company's stock traded hands, compared to its average volume of 316,171. The stock has a market cap of $20.54 billion, a PE ratio of 25.62, a price-to-earnings-growth ratio of 2.36 and a beta of 1.13. The stock's 50 day simple moving average is $607.17 and its 200 day simple moving average is $615.58. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.98. 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 announced its earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share (EPS) for the quarter, topping 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%. On average, sell-side analysts anticipate 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 will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date is Wednesday, April 30th. Lennox International's dividend payout ratio is currently 20.41%.

Analyst Ratings Changes

LII has been the topic of a number of research analyst reports. Barclays raised Lennox International from an "equal weight" rating to an "overweight" rating and raised their target price for the company from $665.00 to $702.00 in a report on Wednesday, February 26th. UBS Group raised their price objective on Lennox International from $575.00 to $625.00 and gave the company a "neutral" rating in a research note on Friday, January 3rd. Stephens reissued an "overweight" rating and set a $750.00 target price on shares of Lennox International in a research note on Friday, March 7th. JPMorgan Chase & Co. raised their price target on shares of Lennox International from $536.00 to $565.00 and gave the company an "underweight" rating in a research note on Thursday, January 30th. Finally, Wells Fargo & Company reiterated 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. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat.com, Lennox International has a consensus rating of "Hold" and an average target price 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.