Campbell & CO Investment Adviser LLC Acquires Shares of 423 Lennox International, Inc. $LII

Campbell & CO Investment Adviser LLC acquired a new position in shares of Lennox International, Inc. (NYSE:LII) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 423 shares of the construction company’s stock, valued at approximately $242,000.

A number of other institutional investors have also modified their holdings of the stock. Russell Investments Group Ltd. grew its stake in Lennox International by 118.3% in the first quarter. Russell Investments Group Ltd. now owns 92,618 shares of the construction company’s stock worth $51,932,000 after purchasing an additional 50,188 shares in the last quarter. Amundi lifted its holdings in Lennox International by 33.1% during the 1st quarter. Amundi now owns 189,571 shares of the construction company’s stock worth $103,661,000 after buying an additional 47,170 shares during the last quarter. Jump Financial LLC lifted its holdings in Lennox International by 3,851.0% during the 1st quarter. Jump Financial LLC now owns 20,545 shares of the construction company’s stock worth $11,522,000 after buying an additional 20,025 shares during the last quarter. Baird Financial Group Inc. grew its position in shares of Lennox International by 25.3% in the 1st quarter. Baird Financial Group Inc. now owns 91,595 shares of the construction company’s stock worth $51,369,000 after acquiring an additional 18,502 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec increased its holdings in shares of Lennox International by 39.3% in the 1st quarter. Caisse DE Depot ET Placement DU Quebec now owns 37,089 shares of the construction company’s stock valued at $20,801,000 after acquiring an additional 10,469 shares during the last quarter. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International Stock Performance

Shares of LII opened at $459.29 on Tuesday. Lennox International, Inc. has a 52-week low of $458.22 and a 52-week high of $689.44. The firm has a market capitalization of $16.11 billion, a PE ratio of 19.39, a P/E/G ratio of 1.89 and a beta of 1.10. The firm has a 50-day moving average price of $519.86 and a 200 day moving average price of $561.37. The company has a quick ratio of 0.80, a current ratio of 1.68 and a debt-to-equity ratio of 0.78.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, October 22nd. The construction company reported $6.98 earnings per share for the quarter, topping analysts’ consensus estimates of $6.69 by $0.29. Lennox International had a net margin of 15.74% and a return on equity of 91.96%. The company had revenue of $1.43 billion during the quarter, compared to analyst estimates of $1.54 billion. During the same period in the prior year, the business posted $6.68 EPS. The business’s revenue for the quarter was down 4.8% compared to the same quarter last year. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. On average, sell-side analysts anticipate that Lennox International, Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were given a dividend of $1.30 per share. The ex-dividend date was Tuesday, September 30th. This represents a $5.20 annualized dividend and a dividend yield of 1.1%. Lennox International’s dividend payout ratio (DPR) is 21.95%.

Insider Buying and Selling at Lennox International

In related news, CAO Chris Kosel sold 300 shares of the firm’s stock in a transaction dated Friday, August 22nd. The stock was sold at an average price of $591.86, for a total transaction of $177,558.00. Following the completion of the transaction, the chief accounting officer owned 1,282 shares of the company’s stock, valued at $758,764.52. This trade represents a 18.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Todd J. Teske sold 600 shares of Lennox International stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $491.85, for a total value of $295,110.00. Following the transaction, the director directly owned 7,581 shares in the company, valued at approximately $3,728,714.85. The trade was a 7.33% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 9.73% of the company’s stock.

Wall Street Analysts Forecast Growth

LII has been the topic of several research analyst reports. Morgan Stanley reduced their price objective on Lennox International from $535.00 to $475.00 and set an “underweight” rating on the stock in a research note on Thursday, October 23rd. KeyCorp restated a “sector weight” rating on shares of Lennox International in a research report on Thursday, October 23rd. Mizuho lowered their price objective on shares of Lennox International from $650.00 to $565.00 and set a “neutral” rating for the company in a research report on Friday, October 17th. Northcoast Research upgraded shares of Lennox International from a “sell” rating to a “neutral” rating and set a $525.00 price objective on the stock in a research note on Monday, October 27th. Finally, Oppenheimer decreased their target price on Lennox International from $730.00 to $675.00 and set an “outperform” rating for the company in a research note on Wednesday, September 17th. Four research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $600.17.

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.