4,750 Shares in Lennox International, Inc. $LII Acquired by Regency Capital Management Inc. DE

Key Points

• Regency Capital Management Inc. DE acquired 4,750 shares of Lennox International, valued at approximately $2.7 million, marking it as the fund's 24th largest holding.
• Analysts have mixed views on Lennox International, with five giving a "Buy" rating, six a "Hold," and three a "Sell," while the average target price is set at $615.00.
• Lennox International recently announced a quarterly dividend of $1.30 per share to be paid on October 15, reflecting a 0.9% yield and a payout ratio of 22.23%.

Regency Capital Management Inc. DE acquired a new stake in shares of Lennox International, Inc. (NYSE:LII - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 4,750 shares of the construction company's stock, valued at approximately $2,723,000. Lennox International accounts for about 1.4% of Regency Capital Management Inc. DE's investment portfolio, making the stock its 24th biggest holding.

Other large investors have also recently added to or reduced their stakes in the company. Russell Investments Group Ltd. lifted its stake in Lennox International by 118.3% in the first quarter. Russell Investments Group Ltd. now owns 92,618 shares of the construction company's stock valued at $51,932,000 after buying an additional 50,188 shares during the last quarter. Amundi lifted its position in Lennox International by 33.1% in the 1st quarter. Amundi now owns 189,571 shares of the construction company's stock valued at $103,661,000 after purchasing an additional 47,170 shares during the last quarter. Jump Financial LLC boosted its stake in Lennox International by 3,851.0% during the 1st quarter. Jump Financial LLC now owns 20,545 shares of the construction company's stock valued at $11,522,000 after purchasing an additional 20,025 shares during the period. Baird Financial Group Inc. grew its position in Lennox International by 25.3% in the 1st quarter. Baird Financial Group Inc. now owns 91,595 shares of the construction company's stock worth $51,369,000 after purchasing an additional 18,502 shares during the last quarter. Finally, Achmea Investment Management B.V. increased its stake in shares of Lennox International by 22.4% in the first quarter. Achmea Investment Management B.V. now owns 91,338 shares of the construction company's stock valued at $51,225,000 after purchasing an additional 16,711 shares during the period. 67.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LII has been the subject of several analyst reports. Weiss Ratings reiterated a "buy (b-)" rating on shares of Lennox International in a research report on Saturday, September 27th. Wells Fargo & Company raised Lennox International from an "underweight" rating to an "equal weight" rating and cut their target price for the company from $675.00 to $575.00 in a research note on Monday. The Goldman Sachs Group boosted their price target on Lennox International from $619.00 to $691.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Barclays lowered their price target on Lennox International from $753.00 to $730.00 and set an "overweight" rating on the stock in a report on Tuesday, September 16th. Finally, UBS Group cut their price objective on shares of Lennox International from $676.00 to $610.00 and set a "neutral" rating on the stock in a research note on Tuesday, September 23rd. Five equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $615.00.

Lennox International Stock Up 0.7%

Shares of LII stock opened at $554.62 on Tuesday. Lennox International, Inc. has a 1 year low of $500.10 and a 1 year high of $689.44. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.71 and a current ratio of 1.41. The business's fifty day moving average is $567.88 and its 200-day moving average is $570.51. The stock has a market cap of $19.48 billion, a PE ratio of 23.71, a price-to-earnings-growth ratio of 1.94 and a beta of 1.10.

Lennox International (NYSE:LII - Get Free Report) last announced its earnings results on Wednesday, July 23rd. The construction company reported $7.82 earnings per share for the quarter, beating the consensus estimate of $6.90 by $0.92. The business had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.48 billion. Lennox International had a return on equity of 99.81% and a net margin of 15.41%.The company's quarterly revenue was up 3.4% on a year-over-year basis. During the same quarter last year, the business posted $6.83 earnings per share. Lennox International has set its FY 2025 guidance at 23.250-24.250 EPS. Equities analysts expect that Lennox International, Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be given a dividend of $1.30 per share. The ex-dividend date is Tuesday, September 30th. This represents a $5.20 annualized dividend and a dividend yield of 0.9%. Lennox International's dividend payout ratio (DPR) is 22.23%.

Insider Buying and Selling

In other Lennox International news, CAO Chris Kosel sold 300 shares of the company's stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $591.86, for a total value of $177,558.00. Following the transaction, the chief accounting officer owned 1,282 shares of the company's stock, valued at approximately $758,764.52. This represents a 18.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Daniel M. Sessa sold 2,782 shares of the company's stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $670.04, for a total value of $1,864,051.28. Following the completion of the transaction, the executive vice president directly owned 31,574 shares in the company, valued at $21,155,842.96. This represents a 8.10% decrease in their position. The disclosure for this sale can be found here. 9.73% of the stock is owned by insiders.

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.

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