Farther Finance Advisors LLC Has $322,000 Holdings in Lennox International Inc. (NYSE:LII)

Farther Finance Advisors LLC decreased its holdings in shares of Lennox International Inc. (NYSE:LII) by 12.6% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 529 shares of the construction company’s stock after selling 76 shares during the quarter. Farther Finance Advisors LLC’s holdings in Lennox International were worth $322,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Wilmington Savings Fund Society FSB bought a new position in Lennox International in the third quarter valued at approximately $27,000. First Horizon Advisors Inc. acquired a new position in shares of Lennox International in the 3rd quarter valued at $39,000. Huntington National Bank boosted its position in shares of Lennox International by 47.9% in the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock worth $43,000 after purchasing an additional 23 shares during the last quarter. Private Trust Co. NA grew its stake in shares of Lennox International by 62.5% during the fourth quarter. Private Trust Co. NA now owns 117 shares of the construction company’s stock worth $71,000 after purchasing an additional 45 shares during the period. Finally, Quantbot Technologies LP bought a new stake in Lennox International in the third quarter valued at about $77,000. 67.07% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Lennox International news, CAO Chris Kosel sold 194 shares of the firm’s 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 completion of the transaction, the chief accounting officer now directly owns 1,282 shares in the company, valued at $825,864.40. This trade represents a 13.14 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 10.40% of the company’s stock.

Lennox International Stock Up 2.4 %

Shares of Lennox International stock opened at $588.70 on Tuesday. The firm has a market cap of $20.95 billion, a PE ratio of 26.12, a P/E/G ratio of 2.36 and a beta of 1.13. The business’s 50 day simple moving average is $612.73 and its 200 day simple moving average is $615.25. 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 52-week low of $445.63 and a 52-week high of $682.50.

Lennox International (NYSE:LII) last posted 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%. On average, analysts predict that Lennox International Inc. will post 22.94 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Mizuho cut Lennox International from an “outperform” rating to a “neutral” rating and reduced their target price for the stock from $675.00 to $625.00 in a report on Thursday, January 30th. Barclays upgraded shares of Lennox International from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $665.00 to $702.00 in a report on Wednesday, February 26th. Stephens reiterated an “overweight” rating and issued a $750.00 target price on shares of Lennox International in a report on Friday, March 7th. Royal Bank of Canada lifted their price target 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. Finally, Morgan Stanley began coverage on shares of Lennox International in a research report on Monday, January 6th. They issued an “underweight” rating and a $595.00 price objective for the company. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat, Lennox International has a consensus rating of “Hold” and a consensus target price of $614.62.

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.