QV Investors Inc. Increases Stock Position in Lennox International, Inc. $LII

QV Investors Inc. boosted its stake in Lennox International, Inc. (NYSE:LII) by 0.6% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,089 shares of the construction company’s stock after purchasing an additional 30 shares during the quarter. QV Investors Inc.’s holdings in Lennox International were worth $2,917,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Thurston Springer Miller Herd & Titak Inc. lifted its stake in Lennox International by 175.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 80 shares of the construction company’s stock worth $46,000 after purchasing an additional 51 shares in the last quarter. Whittier Trust Co. raised its position in shares of Lennox International by 125.0% during the 2nd quarter. Whittier Trust Co. now owns 81 shares of the construction company’s stock valued at $46,000 after buying an additional 45 shares in the last quarter. Steph & Co. purchased a new stake in shares of Lennox International during the 2nd quarter valued at about $80,000. Horizon Investments LLC purchased a new stake in shares of Lennox International during the 1st quarter valued at about $257,000. Finally, Farther Finance Advisors LLC raised its position in shares of Lennox International by 8.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 624 shares of the construction company’s stock valued at $358,000 after buying an additional 48 shares in the last quarter. Hedge funds and other institutional investors own 67.07% of the company’s stock.

Insider Activity

In other news, CAO Chris Kosel sold 300 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $591.86, for a total transaction of $177,558.00. Following the transaction, the chief accounting officer directly owned 1,282 shares in the company, valued at approximately $758,764.52. This trade represents a 18.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 9.73% of the company’s stock.

Lennox International Price Performance

Shares of LII stock opened at $495.83 on Friday. The company has a debt-to-equity ratio of 0.78, a current ratio of 1.68 and a quick ratio of 0.71. The company has a market capitalization of $17.39 billion, a P/E ratio of 20.93, a P/E/G ratio of 1.82 and a beta of 1.10. The company’s 50-day simple moving average is $546.64 and its two-hundred day simple moving average is $567.63. Lennox International, Inc. has a one year low of $485.47 and a one year high of $689.44.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, October 22nd. The construction company reported $6.98 EPS for the quarter, topping analysts’ consensus estimates of $6.69 by $0.29. The business had revenue of $1.43 billion for the quarter, compared to the consensus estimate of $1.54 billion. Lennox International had a net margin of 15.74% and a return on equity of 91.96%. The company’s revenue for the quarter was down 4.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $6.68 EPS. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. As a group, equities analysts anticipate that Lennox International, Inc. will post 22.94 EPS for the current year.

Lennox International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were paid a dividend of $1.30 per share. The ex-dividend date was Tuesday, September 30th. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.0%. Lennox International’s dividend payout ratio (DPR) is currently 21.95%.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on the stock. KeyCorp restated a “sector weight” rating on shares of Lennox International in a research report on Thursday. Oppenheimer decreased their target price on shares of Lennox International from $730.00 to $675.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 17th. Royal Bank Of Canada decreased their target price on shares of Lennox International from $598.00 to $555.00 and set a “sector perform” rating on the stock in a research report on Thursday. Weiss Ratings cut shares of Lennox International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday. Finally, Wells Fargo & Company decreased their target price on shares of Lennox International from $575.00 to $545.00 and set an “equal weight” rating on the stock in a research report on Thursday. Four research analysts have rated the stock with a Buy rating, seven have given a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $600.17.

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.