Pacer Advisors Inc. Has $2.42 Million Stock Position in Lennox International, Inc. $LII

Pacer Advisors Inc. raised its position in shares of Lennox International, Inc. (NYSE:LII) by 40.8% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,572 shares of the construction company’s stock after acquiring an additional 1,325 shares during the period. Pacer Advisors Inc.’s holdings in Lennox International were worth $2,420,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of LII. Archer Investment Corp bought a new position in Lennox International in the 2nd quarter valued at $264,000. SG Americas Securities LLC raised its holdings in shares of Lennox International by 1,402.7% in the second quarter. SG Americas Securities LLC now owns 31,783 shares of the construction company’s stock valued at $18,219,000 after buying an additional 29,668 shares during the last quarter. Forsta AP Fonden grew its holdings in Lennox International by 21.7% during the 2nd quarter. Forsta AP Fonden now owns 21,300 shares of the construction company’s stock worth $12,210,000 after acquiring an additional 3,800 shares during the last quarter. United Services Automobile Association acquired a new stake in Lennox International in the 1st quarter valued at about $410,000. Finally, Achmea Investment Management B.V. raised its stake in shares of Lennox International by 2.8% in the second quarter. Achmea Investment Management B.V. now owns 93,893 shares of the construction company’s stock worth $53,823,000 after acquiring an additional 2,555 shares during the last quarter. 67.07% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have recently commented on LII. Royal Bank Of Canada decreased their price target on shares of Lennox International from $598.00 to $555.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 23rd. Weiss Ratings downgraded Lennox International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. KeyCorp reiterated a “sector weight” rating on shares of Lennox International in a report on Thursday, October 23rd. Wells Fargo & Company cut their target price on shares of Lennox International from $545.00 to $525.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 4th. Finally, Oppenheimer dropped their price target on shares of Lennox International from $730.00 to $675.00 and set an “outperform” rating for the company in a research note on Wednesday, September 17th. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $596.83.

Insider Buying and Selling at Lennox International

In other Lennox International news, Director Todd J. Teske sold 600 shares of the company’s stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $491.85, for a total transaction of $295,110.00. Following the sale, the director directly owned 7,581 shares of the company’s stock, valued at approximately $3,728,714.85. This represents a 7.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 10.40% of the company’s stock.

Lennox International Stock Performance

Shares of LII stock opened at $494.28 on Wednesday. The company has a market capitalization of $17.33 billion, a P/E ratio of 20.86, a price-to-earnings-growth ratio of 2.00 and a beta of 1.16. Lennox International, Inc. has a 52 week low of $443.19 and a 52 week high of $689.44. The company has a debt-to-equity ratio of 0.78, a quick ratio of 0.80 and a current ratio of 1.68. The company’s 50 day moving average price is $490.21 and its two-hundred day moving average price is $543.96.

Lennox International (NYSE:LII) last issued its quarterly earnings data 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 analyst estimates of $1.54 billion. Lennox International had a net margin of 15.74% and a return on equity of 91.96%. The firm’s quarterly revenue was down 4.8% on a year-over-year basis. During the same period last year, the business posted $6.68 earnings per share. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. On average, analysts expect that Lennox International, Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be issued a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, December 31st. Lennox International’s dividend payout ratio is presently 21.95%.

Lennox International Company Profile

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.