SG Americas Securities LLC Sells 7,795 Shares of Lennox International Inc. (NYSE:LII)

SG Americas Securities LLC reduced its position in shares of Lennox International Inc. (NYSE:LII) by 36.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 13,783 shares of the construction company’s stock after selling 7,795 shares during the quarter. SG Americas Securities LLC’s holdings in Lennox International were worth $8,398,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in LII. Toronto Dominion Bank raised its stake in shares of Lennox International by 2.2% during the second quarter. Toronto Dominion Bank now owns 3,119 shares of the construction company’s stock worth $1,669,000 after buying an additional 66 shares during the last quarter. Dorsey Wright & Associates raised its position in shares of Lennox International by 2.6% during the 2nd quarter. Dorsey Wright & Associates now owns 3,768 shares of the construction company’s stock valued at $2,016,000 after acquiring an additional 96 shares during the last quarter. Driehaus Capital Management LLC bought a new stake in shares of Lennox International during the 2nd quarter valued at $11,115,000. Magnolia Capital Advisors LLC acquired a new position in shares of Lennox International in the 2nd quarter valued at $300,000. Finally, Handelsbanken Fonder AB boosted its position in shares of Lennox International by 22.4% in the 3rd quarter. Handelsbanken Fonder AB now owns 6,000 shares of the construction company’s stock worth $3,626,000 after purchasing an additional 1,100 shares during the last quarter. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

LII has been the topic of several analyst reports. KeyCorp lowered Lennox International from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, October 15th. Mizuho increased their price target on shares of Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Robert W. Baird upped their target price 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. UBS Group increased their target price on shares of Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a report on Friday, January 3rd. Finally, Morgan Stanley initiated coverage on shares of Lennox International in a report on Monday, January 6th. They issued an “underweight” rating and a $595.00 price target for the company. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, Lennox International currently has a consensus rating of “Hold” and a consensus price target of $590.50.

Insider Buying and Selling at Lennox International

In other Lennox International news, Director Shane D. Wall sold 325 shares of the firm’s stock in a transaction that occurred on Monday, October 28th. The shares were sold at an average price of $612.97, for a total transaction of $199,215.25. Following the completion of the sale, the director now directly owns 2,035 shares in the company, valued at $1,247,393.95. This trade represents a 13.77 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Chris Kosel sold 200 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $625.49, for a total value of $125,098.00. Following the completion of the transaction, the chief accounting officer now directly owns 1,446 shares in the company, valued at $904,458.54. The trade was a 12.15 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 1,525 shares of company stock valued at $992,443 in the last quarter. 10.40% of the stock is currently owned by insiders.

Lennox International Stock Performance

Shares of LII opened at $667.26 on Friday. The company has a market cap of $23.77 billion, a PE ratio of 31.68, a price-to-earnings-growth ratio of 1.95 and a beta of 1.11. The firm has a 50-day moving average of $639.87 and a 200-day moving average of $603.99. Lennox International Inc. has a one year low of $412.09 and a one year high of $682.50. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.39 and a quick ratio of 0.87.

Lennox International (NYSE:LII) last announced its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share for the quarter, topping analysts’ consensus estimates of $5.95 by $0.73. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter in the previous year, the business earned $5.37 earnings per share. The business’s revenue was up 9.6% compared to the same quarter last year. As a group, equities analysts forecast that Lennox International Inc. will post 21.19 earnings per share for the current year.

Lennox International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 0.69%. The ex-dividend date of this dividend was Tuesday, December 31st. Lennox International’s dividend payout ratio (DPR) is presently 21.84%.

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.