Sumitomo Mitsui Trust Group Inc. Sells 80 Shares of Lennox International Inc. (NYSE:LII)

Sumitomo Mitsui Trust Group Inc. decreased its holdings in shares of Lennox International Inc. (NYSE:LII) by 0.1% during the 4th quarter, Holdings Channel reports. The firm owned 61,657 shares of the construction company’s stock after selling 80 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Lennox International were worth $37,568,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in LII. Wilmington Savings Fund Society FSB bought a new position in Lennox International in the third quarter worth approximately $27,000. First Horizon Advisors Inc. purchased a new stake in shares of Lennox International during the third quarter valued at approximately $39,000. Huntington National Bank increased its position in shares of Lennox International by 47.9% during the third quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after acquiring an additional 23 shares during the last quarter. UMB Bank n.a. increased its position in shares of Lennox International by 388.9% during the third quarter. UMB Bank n.a. now owns 88 shares of the construction company’s stock valued at $53,000 after acquiring an additional 70 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Lennox International during the third quarter valued at approximately $77,000. Institutional investors own 67.07% of the company’s stock.

Lennox International Price Performance

Lennox International stock opened at $602.85 on Wednesday. Lennox International Inc. has a one year low of $423.09 and a one year high of $682.50. The business has a fifty day moving average price of $628.40 and a 200-day moving average price of $609.35. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90. The firm has a market capitalization of $21.47 billion, a P/E ratio of 26.75, a PEG ratio of 2.15 and a beta of 1.10.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, January 29th. The construction company reported $5.60 earnings per share (EPS) for the quarter, beating the consensus estimate 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, equities research analysts forecast that Lennox International Inc. will post 22.93 EPS for the current year.

Lennox International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 0.76%. The ex-dividend date was Tuesday, December 31st. Lennox International’s dividend payout ratio is 20.41%.

Insider Activity at Lennox International

In other Lennox International news, Director Sherry Buck sold 500 shares of Lennox International stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $660.74, for a total transaction of $330,370.00. Following the completion of the sale, the director now owns 1,693 shares of the company’s stock, valued at $1,118,632.82. The trade was a 22.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 10.40% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages recently commented on LII. Barclays decreased their price target on Lennox International from $674.00 to $665.00 and set an “equal weight” rating for the company in a research report on Thursday, January 30th. Robert W. Baird raised their target price on Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Morgan Stanley started coverage on Lennox International in a research report on Monday, January 6th. They issued an “underweight” rating and a $595.00 target price for the company. UBS Group raised their target price on Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a research report on Friday, January 3rd. Finally, Royal Bank of Canada raised their target price on Lennox International from $617.00 to $642.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 30th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $606.00.

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.