Lennox International Inc. (NYSE:LII) Shares Sold by QV Investors Inc.

QV Investors Inc. lowered its position in shares of Lennox International Inc. (NYSE:LII) by 1.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 5,439 shares of the construction company’s stock after selling 90 shares during the period. QV Investors Inc.’s holdings in Lennox International were worth $3,314,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. raised its position in Lennox International by 3.0% in the fourth quarter. Harbor Capital Advisors Inc. now owns 681 shares of the construction company’s stock valued at $415,000 after purchasing an additional 20 shares during the period. Huntington National Bank raised its holdings in Lennox International by 47.9% in the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after buying an additional 23 shares during the period. Tilia Fiduciary Partners Inc. lifted its position in Lennox International by 0.7% in the fourth quarter. Tilia Fiduciary Partners Inc. now owns 4,628 shares of the construction company’s stock valued at $2,820,000 after buying an additional 30 shares during the last quarter. L & S Advisors Inc boosted its stake in Lennox International by 0.8% during the second quarter. L & S Advisors Inc now owns 5,335 shares of the construction company’s stock worth $2,854,000 after buying an additional 40 shares during the period. Finally, Argent Trust Co raised its stake in shares of Lennox International by 6.6% in the 2nd quarter. Argent Trust Co now owns 665 shares of the construction company’s stock valued at $356,000 after acquiring an additional 41 shares during the period. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LII has been the subject of a number of research analyst reports. Northcoast Research began coverage on shares of Lennox International in a research report on Friday, November 22nd. They set a “sell” rating and a $475.00 price objective for the company. Royal Bank of Canada boosted their price objective on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th. Mizuho raised their target price on Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Robert W. Baird raised their price objective on shares of Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a research note on Thursday, October 24th. Finally, Wells Fargo & Company upped their target price on shares of Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a research note on Monday, October 7th. Three analysts have rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. According to MarketBeat, Lennox International has an average rating of “Hold” and an average price target of $590.50.

Insider Activity

In other Lennox International news, Director Todd J. Teske sold 500 shares of Lennox International stock in a transaction that occurred on Monday, November 25th. The stock was sold at an average price of $675.52, for a total value of $337,760.00. Following the sale, the director now owns 7,911 shares of the company’s stock, valued at approximately $5,344,038.72. The trade was a 5.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Shane D. Wall sold 325 shares of the stock in a transaction that occurred on Monday, October 28th. The stock was sold at an average price of $612.97, for a total value of $199,215.25. Following the transaction, the director now directly owns 2,035 shares of the company’s stock, valued at approximately $1,247,393.95. This trade represents a 13.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,106 shares of company stock valued at $1,353,233. Company insiders own 10.40% of the company’s stock.

Lennox International Stock Up 0.7 %

Shares of Lennox International stock traded up $4.37 during trading hours on Monday, hitting $614.43. The company had a trading volume of 110,850 shares, compared to its average volume of 281,997. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.39 and a quick ratio of 0.87. The company’s 50-day moving average is $635.10 and its two-hundred day moving average is $598.18. The company has a market cap of $21.89 billion, a P/E ratio of 29.18, a price-to-earnings-growth ratio of 2.04 and a beta of 1.11. Lennox International Inc. has a twelve month low of $412.09 and a twelve month high of $682.50.

Lennox International (NYSE:LII) last released its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, beating the consensus estimate of $5.95 by $0.73. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.42 billion. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. Lennox International’s revenue for the quarter was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $5.37 EPS. Analysts anticipate that Lennox International Inc. will post 21.1 earnings per share for the current fiscal year.

Lennox International Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st will be paid a $1.15 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $4.60 annualized dividend and a dividend yield of 0.75%. Lennox International’s dividend payout ratio (DPR) is currently 21.84%.

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.