Lennox International Inc. (NYSE:LII) Shares Sold by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board trimmed its position in shares of Lennox International Inc. (NYSE:LII) by 77.3% during the fourth quarter, Holdings Channel reports. The firm owned 1,500 shares of the construction company’s stock after selling 5,100 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Lennox International were worth $914,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in LII. Harbor Capital Advisors Inc. raised its stake in shares of 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 acquiring an additional 20 shares in the last quarter. Huntington National Bank raised its stake in shares of Lennox International by 47.9% in the third quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after acquiring an additional 23 shares in the last quarter. Tilia Fiduciary Partners Inc. raised its stake in shares of 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 acquiring an additional 30 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Lennox International in the third quarter valued at $27,000. Finally, First Horizon Advisors Inc. acquired a new stake in shares of Lennox International in the third quarter valued at $39,000. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Todd J. Teske sold 500 shares of Lennox International stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $675.52, for a total transaction of $337,760.00. Following the completion of the sale, the director now directly owns 7,911 shares in the company, valued at approximately $5,344,038.72. This trade represents a 5.94 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 10.40% of the company’s stock.

Lennox International Stock Performance

NYSE LII opened at $622.56 on Tuesday. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.98. Lennox International Inc. has a 52-week low of $442.74 and a 52-week high of $682.50. The business’s 50-day moving average price is $625.54 and its 200 day moving average price is $610.63. The firm has a market cap of $22.18 billion, a P/E ratio of 27.62, a P/E/G ratio of 2.15 and a beta of 1.10.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, January 29th. The construction company reported $5.60 EPS for the quarter, beating analysts’ consensus estimates of $4.12 by $1.48. Lennox International had a net margin of 15.11% and a return on equity of 126.79%. On average, equities research analysts expect that Lennox International Inc. will post 22.93 earnings per share for the current year.

Lennox International Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a dividend of $1.15 per share. The ex-dividend date of this dividend was Tuesday, December 31st. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.74%. Lennox International’s payout ratio is 20.41%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on LII. Robert W. Baird increased their price objective on Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a research note on Thursday, October 24th. Royal Bank of Canada increased their target price on Lennox International from $617.00 to $642.00 and gave the company a “sector perform” rating in a report on Thursday, January 30th. Mizuho lowered Lennox International from an “outperform” rating to a “neutral” rating and dropped their target price for the company from $675.00 to $625.00 in a report on Thursday, January 30th. UBS Group increased their target price on Lennox International from $575.00 to $625.00 and gave the company a “neutral” rating in a report on Friday, January 3rd. Finally, Wells Fargo & Company reaffirmed an “underweight” rating and set a $580.00 price objective (down previously from $630.00) on shares of Lennox International in a report on Monday, February 3rd. Four investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $606.00.

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.