Mufg Securities Americas Inc. Makes New $288,000 Investment in Lennox International Inc. (NYSE:LII)

Mufg Securities Americas Inc. purchased a new position in shares of Lennox International Inc. (NYSE:LII - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 473 shares of the construction company's stock, valued at approximately $288,000.

Other hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC grew its stake in shares of Lennox International by 55.7% during the fourth quarter. Geode Capital Management LLC now owns 889,032 shares of the construction company's stock valued at $542,374,000 after acquiring an additional 317,937 shares in the last quarter. Captrust Financial Advisors grew its position in shares of Lennox International by 500.0% during the 4th quarter. Captrust Financial Advisors now owns 94,086 shares of the construction company's stock valued at $57,326,000 after buying an additional 78,406 shares during the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Lennox International by 227.4% during the fourth quarter. BNP Paribas Financial Markets now owns 76,149 shares of the construction company's stock valued at $46,398,000 after purchasing an additional 52,888 shares during the last quarter. Caisse DE Depot ET Placement DU Quebec boosted its position in Lennox International by 247.1% during the 4th quarter. Caisse DE Depot ET Placement DU Quebec now owns 26,620 shares of the construction company's stock valued at $16,220,000 after purchasing an additional 18,950 shares during the period. Finally, Mediolanum International Funds Ltd lifted its stake in Lennox International by 469.6% in the fourth quarter. Mediolanum International Funds Ltd now owns 21,053 shares of the construction company's stock valued at $12,895,000 after buying an additional 17,357 shares during the last quarter. Hedge funds and other institutional investors own 67.07% of the company's stock.

Lennox International Trading Down 0.5%

NYSE:LII traded down $2.96 during mid-day trading on Thursday, hitting $567.00. The company had a trading volume of 113,766 shares, compared to its average volume of 418,683. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.90 and a current ratio of 1.43. Lennox International Inc. has a fifty-two week low of $483.42 and a fifty-two week high of $682.50. The firm has a market cap of $20.12 billion, a P/E ratio of 25.17, a P/E/G ratio of 2.36 and a beta of 1.18. The business's fifty day moving average is $562.33 and its two-hundred day moving average is $603.07.

Lennox International (NYSE:LII - Get Free Report) last posted its earnings results on Wednesday, April 23rd. The construction company reported $3.37 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.25 by $0.12. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. The firm had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1 billion. During the same period in the previous year, the firm earned $3.47 earnings per share. The company's revenue was up 2.4% on a year-over-year basis. As a group, research analysts expect that Lennox International Inc. will post 22.94 earnings per share for the current year.

Lennox International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, May 15th. Stockholders of record on Wednesday, April 30th were issued a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 0.81%. The ex-dividend date was Wednesday, April 30th. Lennox International's payout ratio is presently 20.50%.

Insider Activity at Lennox International

In related news, CAO Chris Kosel sold 509 shares of the stock in a transaction that occurred 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 represents a 24.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 9.73% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

LII has been the subject of several recent analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Lennox International from $455.00 to $549.00 and gave the company an "underweight" rating in a report on Friday, May 16th. Royal Bank of Canada lifted their target price on shares of Lennox International from $580.00 to $582.00 and gave the stock a "sector perform" rating in a research report on Thursday, April 24th. Wells Fargo & Company reduced their price target 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. UBS Group cut their target price on shares of Lennox International from $625.00 to $570.00 and set a "neutral" rating on the stock in a research note on Thursday, April 24th. Finally, Mizuho lowered Lennox International from an "outperform" rating to a "neutral" rating and dropped their price target for the company from $675.00 to $625.00 in a research report on Thursday, January 30th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, Lennox International has a consensus rating of "Hold" and an average target price of $583.71.

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.