Selz Capital LLC purchased a new stake in Lennox International Inc. (NYSE:LII) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 54,084 shares of the construction company’s stock, valued at approximately $13,194,000. Lennox International makes up approximately 2.3% of Selz Capital LLC’s portfolio, making the stock its 12th largest position. Selz Capital LLC owned 0.14% of Lennox International at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of LII. UBS Asset Management Americas Inc. boosted its position in Lennox International by 29.8% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 159,876 shares of the construction company’s stock valued at $43,966,000 after purchasing an additional 36,679 shares during the period. Sumitomo Mitsui Trust Holdings Inc. increased its stake in shares of Lennox International by 1.1% in the third quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 138,460 shares of the construction company’s stock valued at $33,642,000 after purchasing an additional 1,460 shares during the period. Riverbridge Partners LLC increased its stake in shares of Lennox International by 2.1% in the third quarter. Riverbridge Partners LLC now owns 105,418 shares of the construction company’s stock valued at $25,613,000 after purchasing an additional 2,193 shares during the period. California Public Employees Retirement System raised its holdings in shares of Lennox International by 9.1% during the third quarter. California Public Employees Retirement System now owns 80,794 shares of the construction company’s stock valued at $19,631,000 after buying an additional 6,770 shares during the last quarter. Finally, California State Teachers Retirement System raised its holdings in shares of Lennox International by 0.8% during the third quarter. California State Teachers Retirement System now owns 61,561 shares of the construction company’s stock valued at $14,957,000 after buying an additional 517 shares during the last quarter. 68.07% of the stock is currently owned by hedge funds and other institutional investors.

Shares of NYSE:LII traded up $1.63 during trading on Thursday, reaching $247.70. The company had a trading volume of 3,575 shares, compared to its average volume of 265,624. The firm’s fifty day moving average is $249.82 and its 200 day moving average is $253.08. The firm has a market capitalization of $9.54 billion, a PE ratio of 26.30, a price-to-earnings-growth ratio of 1.05 and a beta of 0.84. Lennox International Inc. has a twelve month low of $219.32 and a twelve month high of $298.49.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Monday, October 21st. The construction company reported $3.34 earnings per share for the quarter, missing analysts’ consensus estimates of $3.41 by ($0.07). The company had revenue of $1.03 billion during the quarter, compared to analyst estimates of $1.02 billion. Lennox International had a negative return on equity of 199.10% and a net margin of 9.83%. The company’s revenue was up .3% on a year-over-year basis. During the same period in the prior year, the company posted $2.72 earnings per share. On average, research analysts forecast that Lennox International Inc. will post 11.21 EPS for the current year.

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 1.24%. The ex-dividend date was Monday, December 30th. Lennox International’s dividend payout ratio is currently 32.70%.

A number of brokerages recently issued reports on LII. Robert W. Baird decreased their price objective on Lennox International from $260.00 to $255.00 and set a “neutral” rating for the company in a report on Thursday, December 19th. Buckingham Research cut their target price on Lennox International from $260.00 to $244.00 and set a “neutral” rating on the stock in a research note on Tuesday, October 8th. Goldman Sachs Group reduced their price target on Lennox International from $256.00 to $230.00 in a research report on Monday, September 23rd. Morgan Stanley decreased their price target on Lennox International from $211.00 to $209.00 and set an “underweight” rating for the company in a research note on Thursday, December 19th. Finally, ValuEngine raised Lennox International from a “sell” rating to a “hold” rating in a research note on Thursday, November 14th. Four research analysts have rated the stock with a sell rating, eight have issued a hold rating and two have assigned a buy rating to the company. Lennox International presently has a consensus rating of “Hold” and a consensus price target of $242.64.

In related news, CEO Todd M. Bluedorn sold 8,095 shares of the stock in a transaction that occurred on Tuesday, October 29th. The shares were sold at an average price of $248.06, for a total transaction of $2,008,045.70. Following the completion of the sale, the chief executive officer now directly owns 110,588 shares of the company’s stock, valued at $27,432,459.28. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Chris Kosel sold 160 shares of the stock in a transaction that occurred on Friday, December 20th. The shares were sold at an average price of $240.19, for a total transaction of $38,430.40. Following the sale, the chief accounting officer now directly owns 1,177 shares of the company’s stock, valued at $282,703.63. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 18,073 shares of company stock valued at $4,519,744. Company insiders own 3.40% of the company’s stock.

Lennox International Company Profile

Lennox International, Inc engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following business segments: Residential Heating and Cooling, Commercial Heating and Cooling, and Refrigeration. The Residential Heating and Cooling segment manufactures and markets furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment, and accessories.

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

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