Fiduciary Alliance LLC Acquires Shares of 1,122 Lennox International, Inc. $LII

Fiduciary Alliance LLC acquired a new stake in Lennox International, Inc. (NYSE:LIIFree Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,122 shares of the construction company’s stock, valued at approximately $543,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in LII. Huntington National Bank lifted its position in Lennox International by 51.8% during the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after purchasing an additional 29 shares during the period. MUFG Securities EMEA plc acquired a new stake in Lennox International during the 2nd quarter worth about $54,000. Torren Management LLC purchased a new position in shares of Lennox International during the 4th quarter valued at about $70,000. Brown Brothers Harriman & Co. raised its stake in shares of Lennox International by 54.1% during the 4th quarter. Brown Brothers Harriman & Co. now owns 410 shares of the construction company’s stock valued at $199,000 after buying an additional 144 shares during the last quarter. Finally, Valeo Financial Advisors LLC lifted its holdings in shares of Lennox International by 10.3% in the 4th quarter. Valeo Financial Advisors LLC now owns 418 shares of the construction company’s stock valued at $203,000 after buying an additional 39 shares during the period. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International Stock Performance

Shares of NYSE:LII opened at $564.51 on Friday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.57 and a quick ratio of 0.64. The business’s 50 day moving average price is $511.68 and its 200-day moving average price is $509.14. The firm has a market capitalization of $19.65 billion, a PE ratio of 25.41, a P/E/G ratio of 2.16 and a beta of 1.18. Lennox International, Inc. has a 1 year low of $434.06 and a 1 year high of $689.44.

Lennox International (NYSE:LIIGet Free Report) last announced its quarterly earnings data on Wednesday, April 29th. The construction company reported $3.35 earnings per share for the quarter, beating analysts’ consensus estimates of $3.16 by $0.19. Lennox International had a return on equity of 73.27% and a net margin of 14.89%.The company had revenue of $1.14 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same quarter last year, the firm posted $3.63 EPS. The firm’s revenue for the quarter was up 5.8% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. As a group, equities research analysts expect that Lennox International, Inc. will post 24.35 earnings per share for the current fiscal year.

Lennox International Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be given a dividend of $1.36 per share. The ex-dividend date is Tuesday, June 30th. This is a boost from Lennox International’s previous quarterly dividend of $1.30. This represents a $5.44 dividend on an annualized basis and a yield of 1.0%. Lennox International’s dividend payout ratio (DPR) is presently 23.40%.

Wall Street Analyst Weigh In

LII has been the topic of a number of recent research reports. Vertical Research upgraded Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price on the stock in a research note on Thursday, April 30th. Weiss Ratings upgraded Lennox International from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, June 18th. Wall Street Zen raised Lennox International from a “sell” rating to a “hold” rating in a report on Saturday, March 7th. Wells Fargo & Company raised their price objective on shares of Lennox International from $480.00 to $555.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Finally, BNP Paribas Exane started coverage on shares of Lennox International in a report on Tuesday, April 14th. They set a “neutral” rating and a $535.00 target price for the company. Five equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $575.46.

Read Our Latest Stock Report on LII

Insiders Place Their Bets

In related news, CAO Chris Kosel sold 971 shares of the company’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $544.80, for a total transaction of $529,000.80. Following the completion of the sale, the chief accounting officer owned 1,090 shares of the company’s stock, valued at approximately $593,832. This represents a 47.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 9.80% of the company’s stock.

About Lennox International

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Lennox International (NYSE:LII)

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