Impax Asset Management LTD acquired a new position in shares of Lennox International Inc. (NYSE:LII) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 50,477 shares of the construction company’s stock, valued at approximately $9,034,000. Impax Asset Management LTD owned approximately 0.12% of Lennox International at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of LII. Sumitomo Mitsui Trust Holdings Inc. acquired a new position in shares of Lennox International in the second quarter worth about $20,855,000. Schroder Investment Management Group lifted its stake in shares of Lennox International by 0.5% in the second quarter. Schroder Investment Management Group now owns 466,111 shares of the construction company’s stock worth $85,504,000 after acquiring an additional 2,333 shares in the last quarter. Nationwide Fund Advisors lifted its stake in shares of Lennox International by 3.2% in the second quarter. Nationwide Fund Advisors now owns 106,322 shares of the construction company’s stock worth $19,525,000 after acquiring an additional 3,286 shares in the last quarter. Tredje AP fonden acquired a new position in shares of Lennox International in the second quarter worth about $1,208,000. Finally, William Blair Investment Management LLC acquired a new position in shares of Lennox International in the second quarter worth about $2,225,000. Institutional investors own 68.93% of the company’s stock.

LII has been the topic of several recent analyst reports. Cowen reiterated a “buy” rating and issued a $190.00 price target on shares of Lennox International in a research note on Monday, October 23rd. Robert W. Baird reiterated a “buy” rating on shares of Lennox International in a research note on Tuesday, October 24th. Stifel Nicolaus boosted their price target on Lennox International from $187.00 to $192.00 and gave the stock a “hold” rating in a research note on Tuesday, October 24th. Wells Fargo & Company boosted their price target on Lennox International from $190.00 to $193.00 and gave the stock a “market perform” rating in a research note on Friday, October 6th. Finally, Credit Suisse Group reiterated a “neutral” rating and issued a $180.00 price target (up previously from $171.00) on shares of Lennox International in a research note on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $186.50.

In other news, Director Paul W. Schmidt sold 750 shares of the company’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $193.46, for a total transaction of $145,095.00. Following the completion of the transaction, the director now directly owns 2,689 shares of the company’s stock, valued at $520,213.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Joseph William Reitmeier sold 922 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $193.03, for a total value of $177,973.66. Following the transaction, the chief financial officer now directly owns 14,233 shares of the company’s stock, valued at $2,747,395.99. The disclosure for this sale can be found here. Over the last three months, insiders sold 16,412 shares of company stock valued at $3,182,308. 3.60% of the stock is owned by corporate insiders.

Shares of Lennox International Inc. (LII) traded up $2.69 during trading on Thursday, reaching $203.83. The company had a trading volume of 334,900 shares, compared to its average volume of 347,083. The company has a debt-to-equity ratio of 23.87, a quick ratio of 0.72 and a current ratio of 1.24. The company has a market capitalization of $8,402.39, a price-to-earnings ratio of 25.92, a P/E/G ratio of 1.50 and a beta of 1.19. Lennox International Inc. has a 1 year low of $146.25 and a 1 year high of $205.20.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Monday, October 23rd. The construction company reported $2.53 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.44 by $0.09. The firm had revenue of $1.05 billion during the quarter, compared to analyst estimates of $1.04 billion. Lennox International had a return on equity of 1,657.93% and a net margin of 7.88%. Lennox International’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company earned $2.33 earnings per share. equities analysts anticipate that Lennox International Inc. will post 7.92 EPS for the current year.

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Lennox International Profile

Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.

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

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