Valeo Financial Advisors LLC Trims Holdings in Lennox International, Inc. $LII

Valeo Financial Advisors LLC cut its stake in Lennox International, Inc. (NYSE:LII) by 6.4% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 363 shares of the construction company’s stock after selling 25 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Lennox International were worth $208,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the stock. Farther Finance Advisors LLC boosted its stake in Lennox International by 8.9% in the 1st quarter. Farther Finance Advisors LLC now owns 576 shares of the construction company’s stock worth $325,000 after purchasing an additional 47 shares during the period. GAMMA Investing LLC lifted its holdings in shares of Lennox International by 24.0% in the first quarter. GAMMA Investing LLC now owns 636 shares of the construction company’s stock worth $357,000 after buying an additional 123 shares in the last quarter. New England Research & Management Inc. lifted its holdings in shares of Lennox International by 261.4% in the first quarter. New England Research & Management Inc. now owns 3,180 shares of the construction company’s stock worth $1,783,000 after buying an additional 2,300 shares in the last quarter. Inlight Wealth Management LLC purchased a new stake in shares of Lennox International in the first quarter worth about $114,000. Finally, Achmea Investment Management B.V. increased its holdings in Lennox International by 22.4% during the 1st quarter. Achmea Investment Management B.V. now owns 91,338 shares of the construction company’s stock worth $51,225,000 after acquiring an additional 16,711 shares during the period. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Lennox International in a report on Wednesday. UBS Group reduced their price target on shares of Lennox International from $676.00 to $610.00 and set a “neutral” rating for the company in a research report on Tuesday, September 23rd. Barclays dropped their price objective on Lennox International from $753.00 to $730.00 and set an “overweight” rating for the company in a research note on Tuesday, September 16th. Oppenheimer lowered their price target on Lennox International from $730.00 to $675.00 and set an “outperform” rating on the stock in a report on Wednesday, September 17th. Finally, The Goldman Sachs Group raised their price target on Lennox International from $619.00 to $691.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat.com, Lennox International presently has an average rating of “Hold” and a consensus price target of $615.00.

Insider Buying and Selling

In other news, EVP Daniel M. Sessa sold 2,782 shares of the business’s stock in a transaction that occurred on Wednesday, July 23rd. The shares were sold at an average price of $670.04, for a total value of $1,864,051.28. Following the completion of the sale, the executive vice president directly owned 31,574 shares in the company, valued at approximately $21,155,842.96. The trade was a 8.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CAO Chris Kosel sold 300 shares of Lennox International stock in a transaction on Friday, August 22nd. The stock was sold at an average price of $591.86, for a total transaction of $177,558.00. Following the completion of the transaction, the chief accounting officer owned 1,282 shares in the company, valued at approximately $758,764.52. The trade was a 18.96% decrease in their position. The disclosure for this sale can be found here. Insiders own 9.73% of the company’s stock.

Lennox International Trading Down 2.0%

NYSE LII opened at $523.70 on Friday. The company has a quick ratio of 0.71, a current ratio of 1.41 and a debt-to-equity ratio of 0.93. The company has a market capitalization of $18.39 billion, a price-to-earnings ratio of 22.39, a PEG ratio of 1.88 and a beta of 1.10. The stock’s 50-day simple moving average is $561.57 and its two-hundred day simple moving average is $569.41. Lennox International, Inc. has a twelve month low of $500.10 and a twelve month high of $689.44.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, July 23rd. The construction company reported $7.82 EPS for the quarter, beating the consensus estimate of $6.90 by $0.92. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.48 billion. Lennox International had a return on equity of 99.81% and a net margin of 15.41%.The company’s revenue was up 3.4% on a year-over-year basis. During the same period in the prior year, the company earned $6.83 EPS. Lennox International has set its FY 2025 guidance at 23.250-24.250 EPS. Research analysts forecast that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th will be issued a $1.30 dividend. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Tuesday, September 30th. Lennox International’s payout ratio is presently 22.23%.

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.