Lennox International, Inc. $LII Stock Holdings Increased by Vise Technologies Inc.

Vise Technologies Inc. increased its stake in shares of Lennox International, Inc. (NYSE:LII) by 416.6% in the 3rd quarter, according to its most recent 13F filing with the SEC. The firm owned 4,536 shares of the construction company’s stock after buying an additional 3,658 shares during the period. Vise Technologies Inc.’s holdings in Lennox International were worth $1,610,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of LII. N.E.W. Advisory Services LLC bought a new position in Lennox International in the 2nd quarter valued at about $37,000. SBI Securities Co. Ltd. grew its position in shares of Lennox International by 3,500.0% in the third quarter. SBI Securities Co. Ltd. now owns 72 shares of the construction company’s stock valued at $26,000 after purchasing an additional 70 shares during the last quarter. Burkett Financial Services LLC bought a new position in shares of Lennox International during the third quarter worth approximately $26,000. Global Retirement Partners LLC bought a new position in shares of Lennox International during the second quarter worth approximately $50,000. Finally, Allworth Financial LP acquired a new stake in Lennox International during the 2nd quarter worth approximately $91,000. Institutional investors and hedge funds own 67.07% of the company’s stock.

Lennox International Price Performance

LII stock traded down $7.06 during mid-day trading on Friday, hitting $341.73. The stock had a trading volume of 471,838 shares, compared to its average volume of 720,143. The firm has a fifty day simple moving average of $363.79 and a 200 day simple moving average of $467.76. The firm has a market capitalization of $11.69 billion, a P/E ratio of 15.86, a P/E/G ratio of 1.97 and a beta of 1.19. The company has a current ratio of 1.21, a quick ratio of 0.57 and a debt-to-equity ratio of 0.64. Lennox International, Inc. has a 52 week low of $322.00 and a 52 week high of $587.27.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, October 28th. The construction company reported $6.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $7.29 by ($0.45). Lennox International had a net margin of 13.77% and a return on equity of 62.34%. The firm had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.57 billion. During the same period last year, the business earned $6.98 earnings per share. The business’s revenue was up 10.2% compared to the same quarter last year. As a group, research analysts forecast that Lennox International, Inc. will post 21.39 EPS for the current year.

Lennox International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 15th. Shareholders of record on Wednesday, September 30th were given a $1.36 dividend. This represents a $5.44 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Wednesday, September 30th. Lennox International’s payout ratio is currently 25.24%.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on LII. Oppenheimer downgraded Lennox International from an “outperform” rating to a “market perform” rating in a report on Thursday, October 29th. Weiss Ratings lowered shares of Lennox International from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday. Stephens cut shares of Lennox International from an “overweight” rating to an “equal weight” rating and set a $350.00 price objective for the company. in a research note on Thursday, October 29th. William Blair reissued an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Finally, Morgan Stanley decreased their target price on shares of Lennox International from $375.00 to $350.00 and set an “underweight” rating on the stock in a research report on Thursday, October 15th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $444.85.

About Lennox International

Lennox International Inc is a heating, ventilation, air conditioning and refrigeration company headquartered in Richardson, Texas. Founded in 1895 by Dave Lennox, the company develops and markets products designed to provide climate control and improve indoor air quality in residential and commercial buildings.

Its product portfolio includes air conditioners, heat pumps, furnaces, air handlers, thermostats, indoor air-quality equipment and related controls. Lennox also provides commercial heating and cooling systems, replacement components, installation support and other services through distributors, dealers and contractors.

Lennox primarily serves customers in the United States and Canada, with products and services also marketed in selected international markets.