Quantbot Technologies LP Acquires 1,142 Shares of Lennox International Inc. (NYSE:LII)

Quantbot Technologies LP grew its holdings in Lennox International Inc. (NYSE:LII) by 892.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,270 shares of the construction company’s stock after buying an additional 1,142 shares during the quarter. Quantbot Technologies LP’s holdings in Lennox International were worth $774,000 at the end of the most recent reporting period.

Other institutional investors have also made changes to their positions in the company. Sciencast Management LP acquired a new stake in Lennox International in the 4th quarter valued at about $1,582,000. Catalyst Funds Management Pty Ltd increased its holdings in shares of Lennox International by 200.0% in the fourth quarter. Catalyst Funds Management Pty Ltd now owns 900 shares of the construction company’s stock valued at $548,000 after purchasing an additional 600 shares in the last quarter. Jones Financial Companies Lllp raised its position in Lennox International by 487.7% in the 4th quarter. Jones Financial Companies Lllp now owns 429 shares of the construction company’s stock worth $261,000 after purchasing an additional 356 shares during the last quarter. Private Trust Co. NA lifted its holdings in Lennox International by 62.5% during the 4th quarter. Private Trust Co. NA now owns 117 shares of the construction company’s stock worth $71,000 after buying an additional 45 shares in the last quarter. Finally, Crestwood Advisors Group LLC bought a new position in Lennox International in the 4th quarter valued at $322,000. 67.07% of the stock is owned by institutional investors.

Lennox International Stock Down 1.5 %

Shares of Lennox International stock opened at $578.83 on Thursday. The company has a market capitalization of $20.59 billion, a P/E ratio of 25.68, a price-to-earnings-growth ratio of 2.36 and a beta of 1.13. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90. The business has a 50-day moving average of $607.17 and a two-hundred day moving average of $615.58. Lennox International Inc. has a 1 year low of $445.63 and a 1 year high of $682.50.

Lennox International (NYSE:LII) last posted its earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. As a group, equities analysts predict that Lennox International Inc. will post 22.94 EPS for the current year.

Lennox International Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be given a $1.15 dividend. The ex-dividend date is Wednesday, April 30th. This represents a $4.60 annualized dividend and a yield of 0.79%. Lennox International’s dividend payout ratio is currently 20.41%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on LII. Stephens reaffirmed an “overweight” rating and set a $750.00 price target on shares of Lennox International in a research note on Friday, March 7th. Barclays raised shares of Lennox International from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $665.00 to $702.00 in a research note on Wednesday, February 26th. JPMorgan Chase & Co. boosted their price target on shares of Lennox International from $536.00 to $565.00 and gave the stock an “underweight” rating in a research note on Thursday, January 30th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $580.00 price objective (down from $630.00) on shares of Lennox International in a research note on Monday, February 3rd. Finally, Royal Bank of Canada upped their target price on shares of Lennox International from $617.00 to $642.00 and gave the company a “sector perform” rating in a research report on Thursday, January 30th. Four research analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $614.62.

Insider Buying and Selling

In other Lennox International news, CAO Chris Kosel sold 194 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $644.20, for a total value of $124,974.80. Following the sale, the chief accounting officer now owns 1,282 shares in the company, valued at approximately $825,864.40. The trade was a 13.14 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 10.40% of the company’s stock.

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.