Brown Brothers Harriman & Co. Purchases 198 Shares of Lennox International Inc. (NYSE:LII)

Brown Brothers Harriman & Co. increased its holdings in Lennox International Inc. (NYSE:LII) by 1,650.0% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 210 shares of the construction company’s stock after purchasing an additional 198 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in Lennox International were worth $128,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Mediolanum International Funds Ltd grew its position in shares of Lennox International by 469.6% in the 4th quarter. Mediolanum International Funds Ltd now owns 21,053 shares of the construction company’s stock worth $12,895,000 after buying an additional 17,357 shares during the last quarter. Geode Capital Management LLC boosted its holdings 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 valued at $345,645,000 after acquiring an additional 12,183 shares in the last quarter. KLP Kapitalforvaltning AS purchased a new position in Lennox International during the 4th quarter valued at $6,164,000. DnB Asset Management AS raised its holdings in Lennox International by 94.4% in the 4th quarter. DnB Asset Management AS now owns 15,814 shares of the construction company’s stock worth $9,635,000 after purchasing an additional 7,679 shares in the last quarter. Finally, Caisse DE Depot ET Placement DU Quebec lifted its position in shares of Lennox International by 1,065.7% in the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 7,670 shares of the construction company’s stock worth $4,635,000 after purchasing an additional 7,012 shares during the period. Hedge funds and other institutional investors own 67.07% of the company’s stock.

Analyst Upgrades and Downgrades

LII has been the topic of several research analyst reports. Royal Bank of Canada boosted their price target 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. UBS Group upped their target price on Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a report on Friday, January 3rd. Morgan Stanley assumed coverage on Lennox International in a research report on Monday, January 6th. They set an “underweight” rating and a $595.00 price target on the stock. Mizuho lowered Lennox International from an “outperform” rating to a “neutral” rating and lowered their price objective for the company from $675.00 to $625.00 in a research report on Thursday, January 30th. Finally, Barclays raised shares of Lennox International from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $665.00 to $702.00 in a research report on Wednesday, February 26th. Four research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus 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 Lennox International stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $644.20, for a total value of $124,974.80. Following the completion of the sale, the chief accounting officer now owns 1,282 shares of the company’s stock, valued at approximately $825,864.40. The trade was a 13.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 10.40% of the stock is owned by corporate insiders.

Lennox International Stock Up 0.5 %

NYSE:LII opened at $563.77 on Wednesday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.90 and a current ratio of 1.43. The firm has a market cap of $20.06 billion, a P/E ratio of 25.01, a P/E/G ratio of 2.36 and a beta of 1.13. Lennox International Inc. has a fifty-two week low of $445.63 and a fifty-two week high of $682.50. The firm has a 50-day simple moving average of $600.22 and a two-hundred day simple moving average of $615.74.

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, beating the consensus estimate of $4.12 by $1.48. Lennox International had a net margin of 15.11% and a return on equity of 126.79%. Analysts predict that Lennox International Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The firm 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 dividend of $1.15 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $4.60 annualized dividend and a dividend yield of 0.82%. Lennox International’s dividend payout ratio (DPR) is presently 20.41%.

Lennox International Company 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.