Tilia Fiduciary Partners Inc. Has $2.82 Million Stock Position in Lennox International Inc. (NYSE:LII)

Tilia Fiduciary Partners Inc. lifted its holdings in shares of Lennox International Inc. (NYSE:LII) by 0.7% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 4,628 shares of the construction company’s stock after purchasing an additional 30 shares during the period. Lennox International accounts for about 1.9% of Tilia Fiduciary Partners Inc.’s portfolio, making the stock its 11th largest position. Tilia Fiduciary Partners Inc.’s holdings in Lennox International were worth $2,820,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Geode Capital Management LLC lifted its position in shares of Lennox International by 2.2% during the third quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company’s stock worth $345,645,000 after purchasing an additional 12,183 shares in the last quarter. Achmea Investment Management B.V. lifted its position in Lennox International by 7.3% during the 2nd quarter. Achmea Investment Management B.V. now owns 83,311 shares of the construction company’s stock valued at $44,570,000 after purchasing an additional 5,673 shares during the period. New York State Common Retirement Fund boosted its stake in shares of Lennox International by 3.8% in the 3rd quarter. New York State Common Retirement Fund now owns 55,113 shares of the construction company’s stock valued at $33,304,000 after purchasing an additional 2,013 shares during the last quarter. National Pension Service grew its position in shares of Lennox International by 2.3% during the 3rd quarter. National Pension Service now owns 51,263 shares of the construction company’s stock worth $30,978,000 after buying an additional 1,140 shares during the period. Finally, BNP Paribas Financial Markets raised its stake in shares of Lennox International by 26.9% during the third quarter. BNP Paribas Financial Markets now owns 23,261 shares of the construction company’s stock worth $14,056,000 after buying an additional 4,927 shares during the last quarter. 67.07% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Lennox International news, CAO Chris Kosel sold 200 shares of the company’s stock in a transaction that occurred on Wednesday, November 13th. The stock was sold at an average price of $625.49, for a total value of $125,098.00. Following the sale, the chief accounting officer now owns 1,446 shares in the company, valued at $904,458.54. This represents a 12.15 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Sherry Buck sold 500 shares of Lennox International stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $660.74, for a total value of $330,370.00. Following the transaction, the director now owns 1,693 shares of the company’s stock, valued at $1,118,632.82. This represents a 22.80 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 2,106 shares of company stock valued at $1,353,233 in the last 90 days. 10.40% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on LII. Morgan Stanley assumed coverage on shares of Lennox International in a research report on Monday. They set an “underweight” rating and a $595.00 target price for the company. Barclays upped their price target on Lennox International from $624.00 to $674.00 and gave the company an “equal weight” rating in a research note on Thursday, December 5th. Mizuho boosted their price target on shares of Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Northcoast Research initiated coverage on Lennox International in a report on Friday, November 22nd. They set a “sell” rating and a $475.00 target price on the stock. Finally, Wells Fargo & Company increased their price target on Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Three equities research 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. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $590.50.

Lennox International Stock Down 2.4 %

Shares of NYSE LII traded down $14.85 during midday trading on Friday, reaching $610.72. The company’s stock had a trading volume of 319,089 shares, compared to its average volume of 296,840. Lennox International Inc. has a fifty-two week low of $412.09 and a fifty-two week high of $682.50. The stock has a 50 day simple moving average of $634.96 and a 200-day simple moving average of $596.87. The stock has a market capitalization of $21.76 billion, a price-to-earnings ratio of 29.00, a PEG ratio of 2.04 and a beta of 1.11. The company has a current ratio of 1.39, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10.

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

Lennox International Dividend Announcement

The business also recently declared 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 is Tuesday, December 31st. This represents a $4.60 dividend on an annualized basis and a yield of 0.75%. Lennox International’s dividend payout ratio is 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.