V Square Quantitative Management LLC Has $420,000 Holdings in Lennox International Inc. (NYSE:LII)

V Square Quantitative Management LLC raised its holdings in Lennox International Inc. (NYSE:LII) by 94.9% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 690 shares of the construction company’s stock after purchasing an additional 336 shares during the quarter. V Square Quantitative Management LLC’s holdings in Lennox International were worth $420,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Wilmington Savings Fund Society FSB bought a new stake in Lennox International in the 3rd quarter valued at $27,000. First Horizon Advisors Inc. acquired a new position in shares of Lennox International in the third quarter valued at $39,000. Huntington National Bank raised its position 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 purchasing an additional 23 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Lennox International during the 3rd quarter worth about $77,000. Finally, Anchor Investment Management LLC bought a new stake in shares of Lennox International during the 3rd quarter worth about $124,000. 67.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on LII shares. 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 report on Thursday, January 30th. JPMorgan Chase & Co. lifted their price target on Lennox International from $536.00 to $565.00 and gave the stock an “underweight” rating in a report on Thursday, January 30th. Robert W. Baird upped their price objective on Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Barclays dropped their target price on Lennox International from $674.00 to $665.00 and set an “equal weight” rating for the company in a report on Thursday, January 30th. Finally, Wells Fargo & Company restated an “underweight” rating and issued a $580.00 price target (down from $630.00) on shares of Lennox International in a research note on Monday, February 3rd. Four analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat.com, Lennox International has a consensus rating of “Hold” and a consensus target price of $606.00.

Insider Activity at Lennox International

In other news, Director Sherry Buck sold 500 shares of the stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $660.74, for a total value of $330,370.00. Following the completion of the transaction, the director now owns 1,693 shares of the company’s stock, valued at approximately $1,118,632.82. This represents a 22.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 10.40% of the stock is currently owned by insiders.

Lennox International Price Performance

LII stock opened at $622.56 on Friday. The company’s 50-day moving average price is $625.87 and its two-hundred day moving average price is $610.04. Lennox International Inc. has a 12 month low of $442.74 and a 12 month high of $682.50. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.98. 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 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%. On average, analysts anticipate that Lennox International Inc. will post 22.93 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

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

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.