V Square Quantitative Management LLC Acquires New Shares in Lennox International, Inc. $LII
by Kim Johansen · The Markets DailyV Square Quantitative Management LLC acquired a new stake in shares of Lennox International, Inc. (NYSE:LII – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 1,068 shares of the construction company’s stock, valued at approximately $519,000.
Other institutional investors also recently modified their holdings of the company. Root Financial Partners LLC purchased a new stake in shares of Lennox International during the third quarter valued at $28,000. Covestor Ltd boosted its position in Lennox International by 217.2% in the third quarter. Covestor Ltd now owns 92 shares of the construction company’s stock worth $48,000 after purchasing an additional 63 shares during the last quarter. MUFG Securities EMEA plc purchased a new position in Lennox International in the second quarter worth about $54,000. Bessemer Group Inc. boosted its position in Lennox International by 52.8% in the third quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock worth $59,000 after purchasing an additional 38 shares during the last quarter. Finally, AdvisorShares Investments LLC boosted its position in Lennox International by 167.4% in the third quarter. AdvisorShares Investments LLC now owns 115 shares of the construction company’s stock worth $61,000 after purchasing an additional 72 shares during the last quarter. 67.07% of the stock is owned by hedge funds and other institutional investors.
Lennox International Stock Up 3.5%
LII stock opened at $505.97 on Friday. Lennox International, Inc. has a twelve month low of $434.06 and a twelve month high of $689.44. The company has a quick ratio of 0.63, a current ratio of 1.60 and a debt-to-equity ratio of 0.98. The stock has a market cap of $17.61 billion, a P/E ratio of 22.75, a PEG ratio of 1.88 and a beta of 1.21. The business’s 50-day moving average price is $509.73 and its 200-day moving average price is $506.53.
Lennox International (NYSE:LII – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The construction company reported $4.45 earnings per share for the quarter, missing analysts’ consensus estimates of $4.76 by ($0.31). Lennox International had a net margin of 15.13% and a return on equity of 80.23%. The company had revenue of $1.20 billion for the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the previous year, the firm earned $5.60 earnings per share. The firm’s quarterly revenue was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, equities research analysts forecast that Lennox International, Inc. will post 22.94 EPS for the current year.
Lennox International Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Tuesday, March 31st will be given a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Tuesday, March 31st. Lennox International’s payout ratio is presently 23.38%.
Insider Activity
In other news, Director Todd J. Teske sold 700 shares of Lennox International stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $533.45, for a total transaction of $373,415.00. Following the transaction, the director directly owned 6,881 shares of the company’s stock, valued at $3,670,669.45. The trade was a 9.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Chris Kosel sold 254 shares of Lennox International stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $536.50, for a total value of $136,271.00. Following the transaction, the chief accounting officer directly owned 1,090 shares in the company, valued at approximately $584,785. The trade was a 18.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,054 shares of company stock valued at $563,687 in the last ninety days. Corporate insiders own 9.73% of the company’s stock.
Wall Street Analyst Weigh In
LII has been the topic of several research reports. Royal Bank Of Canada dropped their target price on Lennox International from $563.00 to $534.00 and set a “sector perform” rating on the stock in a research report on Thursday, January 29th. Weiss Ratings reissued a “hold (c+)” rating on shares of Lennox International in a research report on Thursday, January 22nd. JPMorgan Chase & Co. raised their target price on Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a research report on Friday, January 16th. UBS Group initiated coverage on Lennox International in a research report on Monday, January 5th. They issued a “neutral” rating and a $530.00 target price on the stock. Finally, William Blair reissued an “outperform” rating on shares of Lennox International in a research report on Thursday, March 5th. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, Lennox International has a consensus rating of “Hold” and a consensus target price of $566.27.
Get Our Latest Analysis on LII
Lennox International Profile
Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.
Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.
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