Livforsakringsbolaget Skandia Omsesidigt Purchases Shares of 93 Lennox International Inc. (NYSE:LII)

Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Lennox International Inc. (NYSE:LII) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 93 shares of the construction company’s stock, valued at approximately $42,000.

Several other hedge funds have also made changes to their positions in the stock. Desjardins Global Asset Management Inc. lifted its stake in shares of Lennox International by 1.0% in the fourth quarter. Desjardins Global Asset Management Inc. now owns 4,346 shares of the construction company’s stock valued at $1,945,000 after buying an additional 41 shares during the period. Sumitomo Mitsui Trust Holdings Inc. lifted its stake in Lennox International by 2.5% during the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 67,094 shares of the construction company’s stock worth $30,026,000 after purchasing an additional 1,653 shares during the period. Tobam lifted its stake in Lennox International by 1,640.0% during the fourth quarter. Tobam now owns 87 shares of the construction company’s stock worth $39,000 after purchasing an additional 82 shares during the period. Nisa Investment Advisors LLC lifted its stake in Lennox International by 32.6% during the fourth quarter. Nisa Investment Advisors LLC now owns 7,340 shares of the construction company’s stock worth $3,285,000 after purchasing an additional 1,803 shares during the period. Finally, Rappaport Reiches Capital Management LLC bought a new position in Lennox International during the fourth quarter worth about $239,000. Institutional investors own 67.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. StockNews.com cut shares of Lennox International from a “buy” rating to a “hold” rating in a research note on Friday, February 9th. Royal Bank of Canada raised their price objective on shares of Lennox International from $392.00 to $414.00 and gave the stock a “sector perform” rating in a report on Thursday, February 1st. Barclays raised their price objective on shares of Lennox International from $450.00 to $500.00 and gave the stock an “equal weight” rating in a report on Tuesday, April 2nd. TD Cowen raised their price objective on shares of Lennox International from $450.00 to $505.00 and gave the stock an “outperform” rating in a report on Wednesday, March 6th. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Lennox International in a report on Thursday, February 1st. They set a “buy” rating and a $523.00 price objective for the company. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $473.67.

Insider Activity at Lennox International

In other Lennox International news, EVP Joseph William Reitmeier sold 1,930 shares of Lennox International stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $471.48, for a total value of $909,956.40. Following the sale, the executive vice president now directly owns 24,533 shares in the company, valued at approximately $11,566,818.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other Lennox International news, EVP Joseph William Reitmeier sold 1,930 shares of Lennox International stock in a transaction on Wednesday, February 28th. The shares were sold at an average price of $471.48, for a total value of $909,956.40. Following the sale, the executive vice president now directly owns 24,533 shares in the company, valued at approximately $11,566,818.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Gary S. Bedard sold 1,849 shares of Lennox International stock in a transaction on Monday, March 18th. The shares were sold at an average price of $473.59, for a total transaction of $875,667.91. Following the completion of the sale, the executive vice president now owns 20,465 shares in the company, valued at $9,692,019.35. The disclosure for this sale can be found here. 10.40% of the stock is currently owned by insiders.

Lennox International Trading Down 0.3 %

Shares of NYSE LII opened at $457.15 on Friday. The stock has a market cap of $16.28 billion, a price-to-earnings ratio of 27.64, a P/E/G ratio of 2.24 and a beta of 1.02. Lennox International Inc. has a twelve month low of $256.74 and a twelve month high of $501.72. The company’s fifty day moving average is $469.85 and its 200-day moving average is $432.60. The company has a quick ratio of 0.72, a current ratio of 1.41 and a debt-to-equity ratio of 4.01.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, January 31st. The construction company reported $3.63 EPS for the quarter, beating the consensus estimate of $3.46 by $0.17. The business had revenue of $1.15 billion for the quarter, compared to analysts’ expectations of $1.15 billion. Lennox International had a net margin of 11.85% and a return on equity of 671.77%. Equities research analysts predict that Lennox International Inc. will post 19.74 EPS for the current year.

Lennox International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 15th. Investors of record on Friday, March 29th were given a $1.10 dividend. The ex-dividend date was Wednesday, March 27th. This represents a $4.40 annualized dividend and a yield of 0.96%. Lennox International’s dividend payout ratio is currently 26.60%.

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.