Lennox International Inc. (NYSE:LII) Stock Holdings Increased by Rappaport Reiches Capital Management LLC

Rappaport Reiches Capital Management LLC lifted its holdings in Lennox International Inc. (NYSE:LII) by 11.9% in the 4th quarter, HoldingsChannel reports. The firm owned 1,139 shares of the construction company’s stock after purchasing an additional 121 shares during the quarter. Rappaport Reiches Capital Management LLC’s holdings in Lennox International were worth $694,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of LII. Wilmington Savings Fund Society FSB bought a new position in Lennox International during the 3rd quarter valued at $27,000. First Horizon Advisors Inc. acquired a new stake in shares of Lennox International in the third quarter valued at $39,000. Huntington National Bank boosted its stake in Lennox International by 47.9% during the third quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after buying an additional 23 shares in the last quarter. UMB Bank n.a. grew its holdings in Lennox International by 388.9% during the third quarter. UMB Bank n.a. now owns 88 shares of the construction company’s stock worth $53,000 after acquiring an additional 70 shares during the period. Finally, Quantbot Technologies LP bought a new stake in Lennox International in the third quarter worth about $77,000. 67.07% of the stock is currently owned by institutional investors.

Insider Transactions at Lennox International

In other Lennox International news, Director Shane D. Wall sold 325 shares of the firm’s stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $612.97, for a total transaction of $199,215.25. Following the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Todd J. Teske sold 500 shares of the business’s stock in a transaction dated Monday, November 25th. The stock was sold at an average price of $675.52, for a total value of $337,760.00. Following the completion of the sale, the director now directly owns 7,911 shares of the company’s stock, valued at $5,344,038.72. This represents a 5.94 % 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 three months. Corporate insiders own 10.40% of the company’s stock.

Lennox International Stock Performance

LII stock opened at $667.26 on Friday. The firm has a 50 day simple moving average of $639.87 and a 200 day simple moving average of $603.99. Lennox International Inc. has a 52 week low of $412.09 and a 52 week high of $682.50. The stock has a market cap of $23.77 billion, a P/E ratio of 31.68, a P/E/G ratio of 1.95 and a beta of 1.11. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.87 and a current ratio of 1.39.

Lennox International (NYSE:LII) last posted 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. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the previous year, the company posted $5.37 EPS. Lennox International’s revenue was up 9.6% on a year-over-year basis. Research analysts anticipate that Lennox International Inc. will post 21.2 earnings per share for the current fiscal year.

Lennox International Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were given a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend was Tuesday, December 31st. Lennox International’s payout ratio is currently 21.84%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on LII shares. 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 report on Thursday, October 24th. Mizuho lifted their price target on shares of Lennox International from $650.00 to $675.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Royal Bank of Canada upped their price target on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th. Northcoast Research assumed coverage on Lennox International in a research note on Friday, November 22nd. They set a “sell” rating and a $475.00 price objective for the company. Finally, KeyCorp downgraded Lennox International from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 15th. Three investment 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $590.50.

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.