Eukles Asset Management Buys Shares of 734 Lennox International Inc. (NYSE:LII)

Eukles Asset Management purchased a new stake in Lennox International Inc. (NYSE:LII) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 734 shares of the construction company’s stock, valued at approximately $447,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in LII. Harbor Capital Advisors Inc. raised its holdings in Lennox International by 3.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 681 shares of the construction company’s stock worth $415,000 after buying an additional 20 shares during the period. Huntington National Bank grew its position in Lennox International by 47.9% in the third quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after purchasing an additional 23 shares in the last quarter. Tilia Fiduciary Partners Inc. increased its stake in Lennox International by 0.7% in the 4th quarter. Tilia Fiduciary Partners Inc. now owns 4,628 shares of the construction company’s stock valued at $2,820,000 after buying an additional 30 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Lennox International during the third quarter worth about $27,000. Finally, First Horizon Advisors Inc. bought a new stake in shares of Lennox International during the 3rd quarter worth approximately $39,000. 67.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on LII. Northcoast Research started coverage on shares of Lennox International in a research report on Friday, November 22nd. They issued a “sell” rating and a $475.00 price objective for the company. JPMorgan Chase & Co. boosted their price target on Lennox International from $536.00 to $565.00 and gave the stock an “underweight” rating in a research report on Thursday, January 30th. KeyCorp lowered Lennox International from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, October 15th. Morgan Stanley initiated coverage on Lennox International in a research note on Monday, January 6th. They set an “underweight” rating and a $595.00 target price for the company. Finally, Barclays dropped their price target on Lennox International from $674.00 to $665.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 30th. Four analysts have rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $606.00.

Insider Buying and Selling

In other Lennox International news, CAO Chris Kosel sold 200 shares of the firm’s stock in a transaction that occurred on Wednesday, November 13th. The shares were sold at an average price of $625.49, for a total value of $125,098.00. Following the sale, the chief accounting officer now owns 1,446 shares in the company, valued at $904,458.54. This trade represents a 12.15 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Todd J. Teske sold 500 shares of the business’s stock in a transaction on Monday, November 25th. The stock was sold at an average price of $675.52, for a total transaction of $337,760.00. Following the sale, the director now directly owns 7,911 shares in the company, valued at approximately $5,344,038.72. The trade was a 5.94 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 1,200 shares of company stock worth $793,228. Corporate insiders own 10.40% of the company’s stock.

Lennox International Trading Down 1.8 %

LII stock opened at $575.13 on Monday. The company’s 50-day simple moving average is $631.30 and its 200 day simple moving average is $608.87. Lennox International Inc. has a 52 week low of $423.09 and a 52 week high of $682.50. The company has a market capitalization of $20.49 billion, a PE ratio of 25.52, a price-to-earnings-growth ratio of 2.15 and a beta of 1.10. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.90 and a current ratio of 1.43.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, January 29th. The construction company reported $5.60 EPS for the quarter, topping analysts’ consensus estimates of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. As a group, sell-side analysts anticipate that Lennox International Inc. will post 22.93 earnings per share for the current year.

Lennox International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.80%. The ex-dividend date was Tuesday, December 31st. Lennox International’s dividend payout ratio (DPR) is presently 20.41%.

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.