OMERS ADMINISTRATION Corp bought a new position in Lennox International, Inc. (NYSE:LII – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 4,999 shares of the construction company’s stock, valued at approximately $2,864,000.
Other large investors have also made changes to their positions in the company. Root Financial Partners LLC increased its position in shares of Lennox International by 137.9% during the 1st quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock valued at $32,000 after purchasing an additional 40 shares during the last quarter. N.E.W. Advisory Services LLC purchased a new stake in shares of Lennox International in the 2nd quarter worth $37,000. Huntington National Bank raised its holdings in Lennox International by 51.8% in the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock worth $41,000 after purchasing an additional 29 shares during the period. Global Retirement Partners LLC purchased a new position in Lennox International during the second quarter valued at $50,000. Finally, MUFG Securities EMEA plc purchased a new position in Lennox International during the second quarter valued at $54,000. 67.07% of the stock is currently owned by institutional investors.
Lennox International Trading Down 2.6%
Shares of LII stock opened at $388.71 on Wednesday. Lennox International, Inc. has a 52-week low of $387.45 and a 52-week high of $587.27. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. The firm has a market capitalization of $13.43 billion, a PE ratio of 17.57, a PEG ratio of 1.57 and a beta of 1.19. The stock has a fifty day simple moving average of $497.91 and a two-hundred day simple moving average of $504.39.
Analysts Set New Price Targets
LII has been the subject of a number of analyst reports. The Goldman Sachs Group reduced their price target on Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a research report on Friday, July 31st. Royal Bank Of Canada lowered their price objective on Lennox International from $579.00 to $469.00 and set a “sector perform” rating on the stock in a research report on Thursday, July 30th. Barclays cut their price objective on Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Wells Fargo & Company raised their target price on shares of Lennox International from $480.00 to $555.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 30th. Finally, Vertical Research raised shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 price target on the stock in a report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Lennox International has a consensus rating of “Hold” and an average price target of $546.58.
View Our Latest Stock Report on Lennox International
About Lennox International
Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.
Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.
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