Lennox International, Inc. $LII Shares Acquired by Pacer Advisors Inc.

Pacer Advisors Inc. grew its stake in shares of Lennox International, Inc. (NYSE:LII) by 40.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,572 shares of the construction company’s stock after buying an additional 1,325 shares during the quarter. Pacer Advisors Inc.’s holdings in Lennox International were worth $2,420,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Archer Investment Corp acquired a new stake in Lennox International during the second quarter valued at approximately $264,000. SG Americas Securities LLC boosted its position in shares of Lennox International by 1,402.7% in the 2nd quarter. SG Americas Securities LLC now owns 31,783 shares of the construction company’s stock valued at $18,219,000 after purchasing an additional 29,668 shares during the period. Forsta AP Fonden increased its stake in Lennox International by 21.7% in the 2nd quarter. Forsta AP Fonden now owns 21,300 shares of the construction company’s stock worth $12,210,000 after purchasing an additional 3,800 shares in the last quarter. United Services Automobile Association acquired a new stake in Lennox International during the 1st quarter worth about $410,000. Finally, Achmea Investment Management B.V. increased its position in shares of Lennox International by 2.8% in the second quarter. Achmea Investment Management B.V. now owns 93,893 shares of the construction company’s stock worth $53,823,000 after acquiring an additional 2,555 shares in the last quarter. 67.07% of the stock is currently owned by institutional investors.

Lennox International Trading Down 0.5%

NYSE:LII opened at $494.28 on Wednesday. The firm has a market cap of $17.33 billion, a price-to-earnings ratio of 20.86, a P/E/G ratio of 2.00 and a beta of 1.16. Lennox International, Inc. has a 12 month low of $443.19 and a 12 month high of $689.44. The company has a quick ratio of 0.80, a current ratio of 1.68 and a debt-to-equity ratio of 0.78. The company’s 50 day moving average is $490.21 and its 200-day moving average is $543.96.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, October 22nd. The construction company reported $6.98 EPS for the quarter, topping analysts’ consensus estimates of $6.69 by $0.29. Lennox International had a return on equity of 91.96% and a net margin of 15.74%.The business had revenue of $1.43 billion for the quarter, compared to analyst estimates of $1.54 billion. During the same period in the previous year, the company posted $6.68 earnings per share. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. Equities analysts anticipate that Lennox International, Inc. will post 22.94 EPS for the current year.

Lennox International Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 15th. Investors of record on Wednesday, December 31st will be paid a dividend of $1.30 per share. This represents a $5.20 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, December 31st. Lennox International’s payout ratio is currently 21.95%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on LII. Weiss Ratings lowered Lennox International from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. KeyCorp restated a “sector weight” rating on shares of Lennox International in a report on Thursday, October 23rd. Barclays cut their target price on shares of Lennox International from $700.00 to $680.00 and set an “overweight” rating for the company in a research report on Thursday, December 11th. Northcoast Research raised shares of Lennox International from a “sell” rating to a “neutral” rating and set a $525.00 price target on the stock in a research note on Monday, October 27th. Finally, UBS Group cut their price objective on Lennox International from $610.00 to $560.00 and set a “neutral” rating for the company in a report on Monday, October 27th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $596.83.

Insider Activity at Lennox International

In related news, Director Todd J. Teske sold 600 shares of the firm’s stock in a transaction on Tuesday, November 11th. The stock was sold at an average price of $491.85, for a total value of $295,110.00. Following the completion of the transaction, the director directly owned 7,581 shares of the company’s stock, valued at $3,728,714.85. This trade represents a 7.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 10.40% of the company’s stock.

Lennox International Company Profile

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.