Public Employees Retirement Association of Colorado Has $1.67 Million Position in Lennox International Inc. (NYSE:LII)

Public Employees Retirement Association of Colorado trimmed its holdings in shares of Lennox International Inc. (NYSE:LIIFree Report) by 86.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,732 shares of the construction company’s stock after selling 24,640 shares during the quarter. Public Employees Retirement Association of Colorado’s holdings in Lennox International were worth $1,670,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. SG Americas Securities LLC boosted its stake in shares of Lennox International by 105.3% in the 4th quarter. SG Americas Securities LLC now owns 6,782 shares of the construction company’s stock valued at $3,035,000 after purchasing an additional 3,478 shares in the last quarter. Naples Money Management LLC acquired a new stake in Lennox International during the 4th quarter worth approximately $1,588,000. Sumitomo Mitsui Trust Holdings Inc. boosted its position in Lennox International by 2.5% during the 4th quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 67,094 shares of the construction company’s stock worth $30,026,000 after buying an additional 1,653 shares during the period. iA Global Asset Management Inc. acquired a new stake in Lennox International during the 3rd quarter worth approximately $8,067,000. Finally, Nixon Peabody Trust Co. acquired a new stake in Lennox International during the 4th quarter worth approximately $454,000. 67.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on LII. Wells Fargo & Company boosted their price target on shares of Lennox International from $520.00 to $550.00 and gave the stock an “overweight” rating in a research report on Friday, May 17th. KeyCorp boosted their price target on shares of Lennox International from $500.00 to $515.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. Royal Bank of Canada boosted their price target on shares of Lennox International from $481.00 to $510.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 25th. JPMorgan Chase & Co. boosted their price target on shares of Lennox International from $350.00 to $360.00 and gave the stock an “underweight” rating in a research report on Thursday, April 25th. Finally, UBS Group lifted their price objective on shares of Lennox International from $450.00 to $485.00 and gave the company a “neutral” rating in a research note on Thursday, April 25th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and eight have issued a buy rating to the company. Based on data from MarketBeat, Lennox International presently has a consensus rating of “Moderate Buy” and a consensus price target of $484.62.

Get Our Latest Stock Analysis on Lennox International

Lennox International Stock Up 2.0 %

Lennox International stock opened at $507.00 on Tuesday. Lennox International Inc. has a 1-year low of $301.27 and a 1-year high of $513.78. The firm has a market capitalization of $18.06 billion, a price-to-earnings ratio of 29.37, a P/E/G ratio of 2.35 and a beta of 1.05. The company has a current ratio of 1.43, a quick ratio of 0.68 and a debt-to-equity ratio of 3.13. The firm has a 50 day simple moving average of $480.65 and a 200 day simple moving average of $458.83.

Lennox International (NYSE:LIIGet Free Report) last released its quarterly earnings data on Wednesday, April 24th. The construction company reported $3.47 earnings per share for the quarter, beating analysts’ consensus estimates of $3.17 by $0.30. The business had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.05 billion. Lennox International had a net margin of 12.38% and a return on equity of 303.36%. On average, analysts predict that Lennox International Inc. will post 19.92 earnings per share for the current year.

Lennox International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 15th. Stockholders of record on Friday, June 28th will be given a dividend of $1.15 per share. This is a positive change from Lennox International’s previous quarterly dividend of $1.10. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.91%. The ex-dividend date is Friday, June 28th. Lennox International’s payout ratio is 25.49%.

Insider Activity

In other news, EVP Gary S. Bedard sold 1,849 shares of the business’s 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 transaction, the executive vice president now directly owns 20,465 shares in the company, valued at approximately $9,692,019.35. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 10.40% of the company’s stock.

Lennox International Company Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for Lennox International (NYSE:LII)

Receive News & Ratings for Lennox International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International and related companies with MarketBeat.com's FREE daily email newsletter.