Eukles Asset Management Invests $447,000 in Lennox International Inc. (NYSE:LII)

Eukles Asset Management acquired a new stake in Lennox International Inc. (NYSE:LII) in the fourth quarter, Holdings Channel reports. The firm acquired 734 shares of the construction company’s stock, valued at approximately $447,000.

Several other large investors have also bought and sold shares of LII. Wilmington Savings Fund Society FSB acquired a new stake in shares of Lennox International in the third quarter valued at about $27,000. First Horizon Advisors Inc. bought a new stake in Lennox International in the third quarter valued at approximately $39,000. Huntington National Bank increased its position in Lennox International by 47.9% during the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after purchasing an additional 23 shares during the period. UMB Bank n.a. increased its position in Lennox International by 388.9% during the 3rd quarter. UMB Bank n.a. now owns 88 shares of the construction company’s stock valued at $53,000 after purchasing an additional 70 shares during the period. Finally, Quantbot Technologies LP bought a new position in Lennox International during the 3rd quarter worth approximately $77,000. 67.07% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

LII has been the subject of several recent analyst reports. Royal Bank of Canada increased their price objective on shares of Lennox International from $617.00 to $642.00 and gave the stock a “sector perform” rating in a research report on Thursday, January 30th. Robert W. Baird increased their price target on Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. Wells Fargo & Company reissued an “underweight” rating and issued a $580.00 price objective (down from $630.00) on shares of Lennox International in a research note on Monday, February 3rd. Barclays decreased their target price 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. Finally, UBS Group boosted 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. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $606.00.

Insider Activity

In other news, Director Todd J. Teske sold 500 shares of the stock in a transaction dated Monday, November 25th. The shares were sold at an average price of $675.52, for a total value of $337,760.00. Following the completion of the sale, the director now owns 7,911 shares in the company, valued at $5,344,038.72. This represents a 5.94 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Chris Kosel sold 200 shares of the business’s stock in a transaction dated Wednesday, November 13th. The stock was sold at an average price of $625.49, for a total transaction of $125,098.00. Following the transaction, the chief accounting officer now owns 1,446 shares in the company, valued at approximately $904,458.54. This trade represents a 12.15 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,200 shares of company stock worth $793,228 over the last 90 days. 10.40% of the stock is currently owned by corporate insiders.

Lennox International Stock Performance

NYSE LII opened at $575.13 on Monday. The company has a market cap of $20.49 billion, a P/E ratio of 25.52, a PEG ratio of 2.15 and a beta of 1.10. The company has a fifty day simple moving average of $631.30 and a 200 day simple moving average of $608.87. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98. Lennox International Inc. has a 12-month low of $423.09 and a 12-month high of $682.50.

Lennox International (NYSE:LII) last issued its quarterly earnings data on Wednesday, January 29th. The construction company reported $5.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $4.12 by $1.48. Lennox International had a net margin of 15.11% and a return on equity of 126.79%. Sell-side analysts predict that Lennox International Inc. will post 22.93 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 0.80%. The ex-dividend date was Tuesday, December 31st. Lennox International’s dividend payout ratio (DPR) is presently 20.41%.

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.