Lennox International, Inc. $LII Shares Sold by California State Teachers Retirement System

California State Teachers Retirement System trimmed its position in Lennox International, Inc. (NYSE:LII - Free Report) by 14.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,377 shares of the construction company's stock after selling 5,905 shares during the quarter. California State Teachers Retirement System owned approximately 0.11% of Lennox International worth $20,842,202 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. HB Wealth Management LLC lifted its position in Lennox International by 15.8% during the 2nd quarter. HB Wealth Management LLC now owns 1,636 shares of the construction company's stock worth $938,000 after buying an additional 223 shares in the last quarter. Saudi Central Bank boosted its stake in Lennox International by 88.2% during the second quarter. Saudi Central Bank now owns 2,193 shares of the construction company's stock valued at $1,256,000 after buying an additional 1,028 shares during the period. Hutchens & Kramer Investment Management Group LLC purchased a new stake in Lennox International during the 2nd quarter valued at $216,000. Plan A Wealth LLC purchased a new stake in shares of Lennox International in the second quarter worth $268,000. Finally, Concurrent Investment Advisors LLC raised its holdings in Lennox International by 19.0% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 1,700 shares of the construction company's stock worth $974,000 after purchasing an additional 272 shares during the period. Institutional investors and hedge funds own 67.07% of the company's stock.

Analyst Upgrades and Downgrades

LII has been the subject of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft cut Lennox International from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $609.00 to $444.00 in a research report on Monday. Royal Bank Of Canada reduced their price target on shares of Lennox International from $579.00 to $469.00 and set a "sector perform" rating on the stock in a research report on Thursday, July 30th. William Blair reissued an "outperform" rating on shares of Lennox International in a research note on Wednesday, July 29th. Morgan Stanley reduced their target price on Lennox International from $450.00 to $375.00 and set an "underweight" rating for the company in a report on Thursday, September 3rd. Finally, Weiss Ratings cut shares of Lennox International from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, August 11th. Five analysts have rated the stock with a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $532.92.

Lennox International Stock Performance

Shares of LII traded down $5.23 on Tuesday, reaching $360.28. The company's stock had a trading volume of 202,289 shares, compared to its average volume of 479,362. The stock has a market capitalization of $12.45 billion, a P/E ratio of 16.30, a PEG ratio of 1.45 and a beta of 1.18. The stock's 50 day simple moving average is $449.83 and its two-hundred day simple moving average is $487.67. The company has a debt-to-equity ratio of 0.89, a current ratio of 1.57 and a quick ratio of 0.77. Lennox International, Inc. has a 12-month low of $350.22 and a 12-month high of $587.27.

Lennox International (NYSE:LII - Get Free Report) last announced its earnings results on Wednesday, July 29th. The construction company reported $7.72 earnings per share for the quarter, topping the consensus estimate of $7.67 by $0.05. Lennox International had a return on equity of 66.42% and a net margin of 14.61%.The firm had revenue of $1.55 billion for the quarter, compared to the consensus estimate of $1.56 billion. During the same period in the previous year, the business earned $7.82 EPS. The firm's revenue for the quarter was up 3.0% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.000-24.000 EPS. Research analysts forecast that Lennox International, Inc. will post 23.56 earnings per share for the current fiscal year.

About Lennox International

Lennox International Inc NYSE: LII designs, manufactures and markets heating, ventilation, air conditioning and refrigeration products. Its offerings include residential furnaces, air conditioners, heat pumps, indoor air-quality systems, thermostats and related controls, as well as commercial heating and cooling equipment and refrigeration solutions.

The company serves residential and commercial customers through a network of independent dealers, distributors, contractors and other channel partners.

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