Captrust Financial Advisors Boosts Holdings in Lennox International Inc. (NYSE:LII)

Captrust Financial Advisors grew its stake in Lennox International Inc. (NYSE:LII - Free Report) by 500.0% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 94,086 shares of the construction company's stock after purchasing an additional 78,406 shares during the period. Captrust Financial Advisors owned approximately 0.26% of Lennox International worth $57,326,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in LII. Wilmington Savings Fund Society FSB acquired a new position in Lennox International in the third quarter valued at approximately $27,000. Bessemer Group Inc. raised its holdings in Lennox International by 50.8% in the 4th quarter. Bessemer Group Inc. now owns 98 shares of the construction company's stock valued at $60,000 after buying an additional 33 shares during the period. Private Trust Co. NA lifted its position in Lennox International by 62.5% in the fourth quarter. Private Trust Co. NA now owns 117 shares of the construction company's stock valued at $71,000 after buying an additional 45 shares during the last quarter. Brown Brothers Harriman & Co. boosted its stake in Lennox International by 1,650.0% during the fourth quarter. Brown Brothers Harriman & Co. now owns 210 shares of the construction company's stock worth $128,000 after buying an additional 198 shares during the period. Finally, Vicus Capital acquired a new stake in shares of Lennox International during the fourth quarter valued at about $202,000. Hedge funds and other institutional investors own 67.07% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Lennox International from $550.00 to $500.00 and set an "underweight" rating for the company in a research report on Thursday, April 24th. Morgan Stanley dropped their price objective on Lennox International from $585.00 to $450.00 and set an "underweight" rating for the company in a research note on Thursday, April 24th. Oppenheimer upgraded Lennox International from a "market perform" rating to an "outperform" rating and set a $600.00 target price for the company in a report on Thursday, April 24th. JPMorgan Chase & Co. dropped their price objective on shares of Lennox International from $565.00 to $455.00 and set an "underweight" rating for the company in a report on Tuesday, April 8th. Finally, Barclays decreased their price target on shares of Lennox International from $702.00 to $696.00 and set an "overweight" rating for the company in a research report on Thursday, April 24th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $577.00.

Insider Buying and Selling at Lennox International

In related news, CAO Chris Kosel sold 509 shares of the stock in a transaction on Wednesday, May 7th. The stock was sold at an average price of $568.05, for a total transaction of $289,137.45. Following the sale, the chief accounting officer now owns 1,582 shares of the company's stock, valued at $898,655.10. This trade represents a 24.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 9.73% of the company's stock.

Lennox International Stock Performance

Shares of LII traded down $2.79 during midday trading on Friday, reaching $573.59. 274,873 shares of the stock were exchanged, compared to its average volume of 356,573. Lennox International Inc. has a twelve month low of $483.42 and a twelve month high of $682.50. 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 company has a market capitalization of $20.35 billion, a price-to-earnings ratio of 25.45, a PEG ratio of 2.36 and a beta of 1.18. The business's 50-day moving average price is $560.21 and its 200 day moving average price is $603.79.

Lennox International (NYSE:LII - Get Free Report) last released its quarterly earnings results on Wednesday, April 23rd. The construction company reported $3.37 EPS for the quarter, topping the consensus estimate of $3.25 by $0.12. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1 billion. During the same quarter in the previous year, the company posted $3.47 earnings per share. The firm's revenue was up 2.4% compared to the same quarter last year. On average, sell-side analysts expect that Lennox International Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Wednesday, April 30th will be given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date is Wednesday, April 30th. Lennox International's payout ratio is currently 20.50%.

About Lennox International

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.