Tilia Fiduciary Partners Inc. Raises Holdings in Lennox International, Inc. $LII

Tilia Fiduciary Partners Inc. lifted its stake in Lennox International, Inc. (NYSE:LII) by 1.4% during the second quarter, Holdings Channel reports. The institutional investor owned 4,563 shares of the construction company’s stock after acquiring an additional 63 shares during the quarter. Lennox International makes up approximately 1.6% of Tilia Fiduciary Partners Inc.’s investment portfolio, making the stock its 21st largest position. Tilia Fiduciary Partners Inc.’s holdings in Lennox International were worth $2,616,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of LII. City Holding Co. purchased a new stake in Lennox International in the 1st quarter worth approximately $35,000. Sentry Investment Management LLC purchased a new stake in Lennox International in the 1st quarter worth approximately $43,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in Lennox International by 175.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 80 shares of the construction company’s stock worth $46,000 after purchasing an additional 51 shares in the last quarter. Steph & Co. purchased a new stake in Lennox International in the 2nd quarter worth approximately $80,000. Finally, Inlight Wealth Management LLC purchased a new stake in Lennox International in the 1st quarter worth approximately $114,000. Hedge funds and other institutional investors own 67.07% of the company’s stock.

Insiders Place Their Bets

In other Lennox International news, CAO Chris Kosel sold 300 shares of the firm’s stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $591.86, for a total value of $177,558.00. Following the transaction, the chief accounting officer owned 1,282 shares in the company, valued at approximately $758,764.52. This trade represents a 18.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Daniel M. Sessa sold 2,782 shares of the firm’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $670.04, for a total value of $1,864,051.28. Following the completion of the transaction, the executive vice president owned 31,574 shares in the company, valued at $21,155,842.96. The trade was a 8.10% decrease in their position. The disclosure for this sale can be found here. Company insiders own 9.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on LII shares. UBS Group lowered their price objective on Lennox International from $676.00 to $610.00 and set a “neutral” rating on the stock in a research report on Tuesday, September 23rd. Oppenheimer lowered their price objective on Lennox International from $730.00 to $675.00 and set an “outperform” rating on the stock in a research report on Wednesday, September 17th. Wells Fargo & Company upped their price objective on Lennox International from $550.00 to $675.00 and gave the stock an “underweight” rating in a research report on Thursday, July 24th. Robert W. Baird increased their target price on Lennox International from $600.00 to $668.00 and gave the company a “neutral” rating in a research report on Thursday, July 17th. Finally, The Goldman Sachs Group increased their target price on Lennox International from $619.00 to $691.00 and gave the company a “buy” rating in a research report on Tuesday, July 8th. Five analysts have rated the stock with a Buy rating, five have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $623.33.

Lennox International Stock Up 0.7%

NYSE LII opened at $550.32 on Friday. The business has a fifty day moving average price of $569.88 and a 200 day moving average price of $570.81. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.71 and a current ratio of 1.41. The company has a market cap of $19.33 billion, a P/E ratio of 23.53, a P/E/G ratio of 1.93 and a beta of 1.10. Lennox International, Inc. has a one year low of $500.10 and a one year high of $689.44.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, July 23rd. The construction company reported $7.82 earnings per share for the quarter, beating analysts’ consensus estimates of $6.90 by $0.92. The company had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.48 billion. Lennox International had a return on equity of 99.81% and a net margin of 15.41%.The firm’s revenue for the quarter was up 3.4% on a year-over-year basis. During the same quarter last year, the firm posted $6.83 EPS. Lennox International has set its FY 2025 guidance at 23.250-24.250 EPS. Research analysts anticipate that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Shareholders of record on Tuesday, September 30th will be issued a $1.30 dividend. The ex-dividend date is Tuesday, September 30th. This represents a $5.20 dividend on an annualized basis and a yield of 0.9%. Lennox International’s dividend payout ratio (DPR) is presently 22.23%.

Lennox International 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.