Lennox International Inc. (NYSE:LII) Shares Sold by Pacer Advisors Inc.

Pacer Advisors Inc. cut its position in shares of Lennox International Inc. (NYSE:LII) by 33.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 3,568 shares of the construction company’s stock after selling 1,803 shares during the quarter. Pacer Advisors Inc.’s holdings in Lennox International were worth $2,174,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Geode Capital Management LLC raised its position in Lennox International by 2.2% in the third quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company’s stock worth $345,645,000 after acquiring an additional 12,183 shares in the last quarter. New York State Common Retirement Fund raised its holdings 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 worth $33,304,000 after purchasing an additional 2,013 shares in the last quarter. National Pension Service lifted its stake in Lennox International by 2.3% during the third quarter. National Pension Service now owns 51,263 shares of the construction company’s stock valued at $30,978,000 after purchasing an additional 1,140 shares during the last quarter. BNP Paribas Financial Markets boosted its holdings in 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 in the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in Lennox International by 0.8% in the third quarter. Public Employees Retirement System of Ohio now owns 17,333 shares of the construction company’s stock worth $10,474,000 after buying an additional 145 shares during the last quarter. Institutional investors own 67.07% of the company’s stock.

Lennox International Stock Down 2.5 %

Lennox International stock opened at $591.45 on Friday. The company has a market capitalization of $21.07 billion, a P/E ratio of 26.24, a P/E/G ratio of 1.79 and a beta of 1.11. Lennox International Inc. has a 1-year low of $412.09 and a 1-year high of $682.50. The firm’s fifty day simple moving average is $639.82 and its 200-day simple moving average is $607.36. 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 announced its quarterly earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $1.48. Lennox International had a return on equity of 142.64% and a net margin of 15.11%. Sell-side analysts forecast that Lennox International Inc. will post 23.08 earnings per share for the current fiscal year.

Lennox International Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.78%. The ex-dividend date was Tuesday, December 31st. Lennox International’s dividend payout ratio is 20.41%.

Insider Transactions at Lennox International

In other Lennox International news, 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 directly owns 1,693 shares of the company’s stock, valued at $1,118,632.82. The trade was a 22.80 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Chris Kosel sold 200 shares of the 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 sale, the chief accounting officer now directly owns 1,446 shares of the company’s stock, valued at $904,458.54. This represents a 12.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,200 shares of company stock worth $793,228. 10.40% of the stock is owned by insiders.

Analyst Ratings Changes

LII has been the subject of a number of recent research reports. JPMorgan Chase & Co. increased their price objective on Lennox International from $536.00 to $565.00 and gave the company an “underweight” rating in a research report on Thursday. Robert W. Baird lifted their price target on Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a research note on Thursday, October 24th. Wells Fargo & Company upped their price objective on shares of Lennox International from $570.00 to $615.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Morgan Stanley initiated coverage on shares of Lennox International in a report on Monday, January 6th. They set an “underweight” rating and a $595.00 price target on the stock. Finally, Royal Bank of Canada raised their price objective on shares of Lennox International from $617.00 to $642.00 and gave the stock a “sector perform” rating in a research note on Thursday. Three analysts have rated the stock with a sell rating, eight have issued a hold rating and four have issued a buy rating to the stock. According to MarketBeat.com, Lennox International currently has a consensus rating of “Hold” and a consensus price target of $602.57.

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.