Lennox International, Inc. $LII Holdings Raised by Pacer Advisors Inc.

Pacer Advisors Inc. increased its stake in Lennox International, Inc. (NYSE:LII) by 45.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 6,667 shares of the construction company’s stock after buying an additional 2,095 shares during the quarter. Pacer Advisors Inc.’s holdings in Lennox International were worth $3,237,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Huntington National Bank increased its stake in Lennox International by 51.8% during the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after buying an additional 29 shares during the period. MUFG Securities EMEA plc acquired a new stake in shares of Lennox International in the 2nd quarter worth approximately $54,000. Torren Management LLC acquired a new stake in shares of Lennox International in the 4th quarter worth approximately $70,000. Brown Brothers Harriman & Co. boosted its holdings in shares of Lennox International by 54.1% in the fourth quarter. Brown Brothers Harriman & Co. now owns 410 shares of the construction company’s stock valued at $199,000 after acquiring an additional 144 shares in the last quarter. Finally, Valeo Financial Advisors LLC increased its stake in shares of Lennox International by 10.3% during the fourth quarter. Valeo Financial Advisors LLC now owns 418 shares of the construction company’s stock valued at $203,000 after acquiring an additional 39 shares during the period. Institutional investors own 67.07% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Barclays cut their target price on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. BNP Paribas Exane initiated coverage on Lennox International in a research report on Tuesday, April 14th. They set a “neutral” rating and a $535.00 price target on the stock. Royal Bank Of Canada boosted their price objective on Lennox International from $485.00 to $579.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Wells Fargo & Company upped their price objective on Lennox International from $480.00 to $555.00 and gave the company an “equal weight” rating in a report on Thursday, April 30th. Finally, Oppenheimer raised their target price on Lennox International from $630.00 to $645.00 and gave the company an “outperform” rating in a research note on Thursday, March 5th. Five investment analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $575.46.

Insider Activity

In other news, CAO Chris Kosel sold 971 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $544.80, for a total transaction of $529,000.80. Following the sale, the chief accounting officer directly owned 1,090 shares of the company’s stock, valued at $593,832. The trade was a 47.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 9.80% of the stock is owned by company insiders.

Lennox International Trading Down 2.5%

Shares of NYSE:LII opened at $522.70 on Wednesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.64 and a current ratio of 1.57. The stock has a market capitalization of $18.19 billion, a price-to-earnings ratio of 23.52, a PEG ratio of 2.05 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. The company has a 50 day moving average price of $508.40 and a 200 day moving average price of $508.01.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, April 29th. The construction company reported $3.35 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analysts’ expectations of $1.07 billion. During the same quarter in the prior year, the company earned $3.63 earnings per share. The firm’s revenue was up 5.8% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, research analysts anticipate that Lennox International, Inc. will post 24.35 EPS for the current fiscal year.

Lennox International Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Tuesday, June 30th will be issued a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Tuesday, June 30th. This is a positive change from Lennox International’s previous quarterly dividend of $1.30. Lennox International’s payout ratio is presently 23.40%.

About Lennox International

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.