Wilmington Savings Fund Society FSB Takes $27,000 Position in Lennox International Inc. (NYSE:LII)

Wilmington Savings Fund Society FSB acquired a new position in shares of Lennox International Inc. (NYSE:LII) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 44 shares of the construction company’s stock, valued at approximately $27,000.

Other hedge funds also recently modified their holdings of the company. Anchor Investment Management LLC acquired a new stake in Lennox International during the third quarter worth $124,000. Toronto Dominion Bank increased its holdings in Lennox International by 27.0% during the 3rd quarter. Toronto Dominion Bank now owns 3,960 shares of the construction company’s stock valued at $2,393,000 after purchasing an additional 841 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of 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 buying an additional 12,183 shares in the last quarter. Public Employees Retirement System of Ohio raised its stake in shares of 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 acquiring an additional 145 shares during the last quarter. Finally, Erste Asset Management GmbH bought a new position in Lennox International in the 3rd quarter worth approximately $493,000. 67.07% of the stock is owned by institutional investors.

Lennox International Stock Performance

Shares of NYSE LII opened at $625.06 on Tuesday. The firm has a market cap of $22.27 billion, a price-to-earnings ratio of 29.68, a P/E/G ratio of 2.02 and a beta of 1.08. Lennox International Inc. has a one year low of $412.09 and a one year high of $682.50. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.39 and a quick ratio of 0.87. The stock’s fifty day moving average price is $631.57 and its two-hundred day moving average price is $589.87.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.95 by $0.73. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.42 billion. During the same quarter last year, the business posted $5.37 EPS. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. On average, equities analysts forecast that Lennox International Inc. will post 21.1 EPS for the current year.

Lennox International Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st will be paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.74%. The ex-dividend date of this dividend is Tuesday, December 31st. Lennox International’s payout ratio is 21.84%.

Analysts Set New Price Targets

A number of research firms have issued reports on LII. Robert W. Baird upped their target price on shares of Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. Barclays lifted their target price on Lennox International from $624.00 to $674.00 and gave the stock an “equal weight” rating in a report on Thursday, December 5th. Wells Fargo & Company increased their price objective on shares of Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a research report on Monday, October 7th. Northcoast Research assumed coverage on Lennox International in a report on Friday, November 22nd. They set a “sell” rating and a $475.00 price objective for the company. Finally, Mizuho lifted their price target on shares of Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Two equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Lennox International has an average rating of “Hold” and an average target price of $579.38.

Insider Transactions 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 transaction of $330,370.00. Following the transaction, the director now owns 1,693 shares of the company’s stock, valued at $1,118,632.82. This represents a 22.80 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP John D. Torres sold 581 shares of the stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $620.98, for a total value of $360,789.38. Following the completion of the transaction, the executive vice president now owns 4,668 shares in the company, valued at approximately $2,898,734.64. The trade was a 11.07 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 2,106 shares of company stock worth $1,353,233. 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.