Farther Finance Advisors LLC Has $322,000 Stake in Lennox International Inc. (NYSE:LII)

Farther Finance Advisors LLC trimmed its position in shares of Lennox International Inc. (NYSE:LII) by 12.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 529 shares of the construction company’s stock after selling 76 shares during the period. Farther Finance Advisors LLC’s holdings in Lennox International were worth $322,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Wilmington Savings Fund Society FSB bought a new stake in Lennox International during the 3rd quarter valued at approximately $27,000. First Horizon Advisors Inc. acquired a new position in Lennox International during the 3rd quarter valued at $39,000. Huntington National Bank boosted its holdings in Lennox International by 47.9% in the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after purchasing an additional 23 shares during the period. Private Trust Co. NA grew its position in Lennox International by 62.5% in the 4th quarter. Private Trust Co. NA now owns 117 shares of the construction company’s stock worth $71,000 after purchasing an additional 45 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Lennox International during the 3rd quarter worth about $77,000. 67.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on the stock. Mizuho cut shares of Lennox International from an “outperform” rating to a “neutral” rating and reduced their target price for the company from $675.00 to $625.00 in a research note on Thursday, January 30th. Royal Bank of Canada lifted their price objective on Lennox International from $617.00 to $642.00 and gave the stock a “sector perform” rating in a report on Thursday, January 30th. Wells Fargo & Company reaffirmed an “underweight” rating and issued a $580.00 target price (down from $630.00) on shares of Lennox International in a research report on Monday, February 3rd. UBS Group lifted their price target on shares of Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a research note on Friday, January 3rd. Finally, Northcoast Research initiated coverage on shares of Lennox International in a research note on Friday, November 22nd. They issued a “sell” rating and a $475.00 price objective for the company. Four investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, Lennox International currently has a consensus rating of “Hold” and a consensus price target of $614.62.

Insider Buying and Selling

In related news, CAO Chris Kosel sold 194 shares of the business’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $644.20, for a total value of $124,974.80. Following the completion of the transaction, the chief accounting officer now owns 1,282 shares in the company, valued at $825,864.40. The trade was a 13.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 10.40% of the stock is owned by corporate insiders.

Lennox International Stock Performance

NYSE:LII opened at $588.70 on Tuesday. The stock has a market capitalization of $20.95 billion, a P/E ratio of 26.12, a price-to-earnings-growth ratio of 2.36 and a beta of 1.13. Lennox International Inc. has a 1 year low of $445.63 and a 1 year high of $682.50. The firm has a 50 day moving average of $612.73 and a 200-day moving average of $615.25. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98.

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 22.94 EPS for the current fiscal year.

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.