Quantbot Technologies LP Has $1.65 Million Stake in Lennox International, Inc. $LII

Quantbot Technologies LP raised its position in Lennox International, Inc. (NYSE:LII) by 148.4% in the second quarter, HoldingsChannel.com reports. The fund owned 2,872 shares of the construction company’s stock after purchasing an additional 1,716 shares during the quarter. Quantbot Technologies LP’s holdings in Lennox International were worth $1,646,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently modified their holdings of LII. Forsta AP Fonden lifted its stake in Lennox International by 127.3% in the 1st quarter. Forsta AP Fonden now owns 17,500 shares of the construction company’s stock valued at $9,815,000 after purchasing an additional 9,800 shares during the last quarter. Russell Investments Group Ltd. raised its stake in Lennox International by 118.3% in the first quarter. Russell Investments Group Ltd. now owns 92,618 shares of the construction company’s stock valued at $51,932,000 after buying an additional 50,188 shares during the period. Horizon Investments LLC bought a new stake in Lennox International in the first quarter valued at approximately $257,000. EverSource Wealth Advisors LLC lifted its position in shares of Lennox International by 20.1% in the first quarter. EverSource Wealth Advisors LLC now owns 1,141 shares of the construction company’s stock valued at $640,000 after buying an additional 191 shares during the last quarter. Finally, Van Lanschot Kempen Investment Management N.V. boosted its stake in shares of Lennox International by 5.1% during the 1st quarter. Van Lanschot Kempen Investment Management N.V. now owns 10,150 shares of the construction company’s stock worth $5,692,000 after acquiring an additional 493 shares during the period. Institutional investors own 67.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. Oppenheimer dropped their price target on Lennox International from $730.00 to $675.00 and set an “outperform” rating on the stock in a research note on Wednesday, September 17th. JPMorgan Chase & Co. decreased their price objective on shares of Lennox International from $501.00 to $493.00 and set an “underweight” rating on the stock in a report on Thursday, October 23rd. Morgan Stanley cut their target price on shares of Lennox International from $535.00 to $475.00 and set an “underweight” rating for the company in a research note on Thursday, October 23rd. Mizuho reduced their target price on shares of Lennox International from $650.00 to $565.00 and set a “neutral” rating for the company in a report on Friday, October 17th. Finally, Northcoast Research raised shares of Lennox International from a “sell” rating to a “neutral” rating and set a $525.00 price target on the stock in a report on Monday, October 27th. Four research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $598.50.

Lennox International Stock Up 1.4%

LII opened at $511.92 on Friday. The stock has a fifty day moving average of $503.00 and a 200-day moving average of $551.44. The company has a market capitalization of $17.95 billion, a P/E ratio of 21.61, a P/E/G ratio of 1.98 and a beta of 1.16. Lennox International, Inc. has a fifty-two week low of $443.19 and a fifty-two 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.

Lennox International (NYSE:LII) last released its quarterly 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. Lennox International had a net margin of 15.74% and a return on equity of 91.96%. The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period last year, the firm earned $6.68 earnings per share. Lennox International’s revenue for the quarter was down 4.8% compared to the same quarter last year. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. On average, equities analysts expect that Lennox International, Inc. will post 22.94 EPS for the current year.

Lennox International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st will be issued a dividend of $1.30 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $5.20 annualized dividend and a dividend yield of 1.0%. Lennox International’s dividend payout ratio (DPR) is currently 21.95%.

Insider Buying and Selling at Lennox International

In related news, Director Todd J. Teske sold 600 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $491.85, for a total value of $295,110.00. Following the completion of the sale, the director directly owned 7,581 shares in the company, valued at approximately $3,728,714.85. The trade was a 7.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 9.73% of the company’s stock.

Lennox International Company 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.