Crestwood Advisors Group LLC Invests $322,000 in Lennox International Inc. (NYSE:LII)

Crestwood Advisors Group LLC acquired a new position in Lennox International Inc. (NYSE:LII) in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 528 shares of the construction company’s stock, valued at approximately $322,000.

A number of other hedge funds have also recently made changes to their positions in LII. Wilmington Savings Fund Society FSB bought a new position in shares of Lennox International in the third quarter worth about $27,000. First Horizon Advisors Inc. bought a new position in shares of Lennox International in the third quarter worth about $39,000. Huntington National Bank boosted its stake in shares of Lennox International by 47.9% in the third quarter. Huntington National Bank now owns 71 shares of the construction company’s stock worth $43,000 after acquiring an additional 23 shares during the period. Quantbot Technologies LP bought a new position in shares of Lennox International in the third quarter worth about $77,000. Finally, Anchor Investment Management LLC bought a new position in shares of Lennox International in the third quarter worth about $124,000. Institutional investors own 67.07% of the company’s stock.

Lennox International Trading Up 1.5 %

Shares of LII stock opened at $618.92 on Wednesday. Lennox International Inc. has a 1 year low of $445.63 and a 1 year 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 stock’s 50 day simple moving average is $621.83 and its two-hundred day simple moving average is $614.07. The company has a market cap of $22.02 billion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 2.36 and a beta of 1.10.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. Research analysts predict that Lennox International Inc. will post 22.94 earnings per share for the current year.

Lennox International Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were issued a $1.15 dividend. The ex-dividend date was Tuesday, December 31st. This represents a $4.60 annualized dividend and a dividend yield of 0.74%. Lennox International’s payout ratio is 20.41%.

Insider Transactions at Lennox International

In other news, CAO Chris Kosel sold 194 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $644.20, for a total value of $124,974.80. Following the sale, the chief accounting officer now directly owns 1,282 shares in the company, valued at approximately $825,864.40. This represents a 13.14 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 10.40% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on LII shares. JPMorgan Chase & Co. upped their price objective on Lennox International from $536.00 to $565.00 and gave the stock an “underweight” rating in a research note on Thursday, January 30th. UBS Group increased their price target on Lennox International from $575.00 to $625.00 and gave the company a “neutral” rating in a research note on Friday, January 3rd. Barclays dropped their price target on Lennox International from $674.00 to $665.00 and set an “equal weight” rating for the company in a research note on Thursday, January 30th. Wells Fargo & Company reissued an “underweight” rating and set a $580.00 price target (down from $630.00) on shares of Lennox International in a research note on Monday, February 3rd. Finally, Royal Bank of Canada increased their price target on Lennox International from $617.00 to $642.00 and gave the company a “sector perform” rating in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat, Lennox International currently has a consensus rating of “Hold” and an average price target of $606.00.

Lennox International 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.