G&S Capital LLC acquired a new stake in Lennox International Inc. (NYSE:LII) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 3,134 shares of the construction company’s stock, valued at approximately $653,000.
Other hedge funds and other institutional investors also recently made changes to their positions in the company. Advisor Partners LLC acquired a new stake in shares of Lennox International in the fourth quarter valued at about $216,000. Toronto Dominion Bank lifted its stake in shares of Lennox International by 240.8% in the third quarter. Toronto Dominion Bank now owns 1,622 shares of the construction company’s stock valued at $290,000 after purchasing an additional 1,146 shares during the period. Paloma Partners Management Co acquired a new stake in shares of Lennox International in the fourth quarter valued at about $577,000. Price Capital Management Inc. acquired a new position in Lennox International during the fourth quarter worth about $638,000. Finally, Caisse DE Depot ET Placement DU Quebec raised its position in Lennox International by 85.0% during the fourth quarter. Caisse DE Depot ET Placement DU Quebec now owns 3,700 shares of the construction company’s stock worth $771,000 after acquiring an additional 1,700 shares during the last quarter. Hedge funds and other institutional investors own 69.77% of the company’s stock.
In related news, Director Paul W. Schmidt sold 1,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $204.00, for a total value of $204,000.00. Following the completion of the sale, the director now directly owns 2,145 shares in the company, valued at $437,580. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP John D. Torres sold 4,406 shares of the business’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $196.01, for a total transaction of $863,620.06. Following the completion of the sale, the executive vice president now owns 6,254 shares of the company’s stock, valued at $1,225,846.54. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 29,320 shares of company stock valued at $6,026,436. 3.60% of the stock is owned by insiders.
Shares of Lennox International Inc. (NYSE LII) opened at $211.62 on Tuesday. Lennox International Inc. has a twelve month low of $160.18 and a twelve month high of $223.05. The stock has a market cap of $8,626.95, a P/E ratio of 26.39, a P/E/G ratio of 1.03 and a beta of 1.20. The company has a debt-to-equity ratio of 19.37, a current ratio of 1.74 and a quick ratio of 1.00.
Lennox International (NYSE:LII) last released its earnings results on Tuesday, February 6th. The construction company reported $1.68 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.65 by $0.03. Lennox International had a net margin of 7.96% and a return on equity of 1,465.51%. The firm had revenue of $891.80 million during the quarter, compared to the consensus estimate of $906.85 million. During the same period in the previous year, the firm earned $1.50 earnings per share. Lennox International’s revenue was down .6% compared to the same quarter last year. equities analysts anticipate that Lennox International Inc. will post 10.17 EPS for the current year.
Lennox International announced that its board has initiated a share repurchase plan on Wednesday, December 13th that authorizes the company to repurchase $300.00 million in shares. This repurchase authorization authorizes the construction company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.
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Lennox International Company Profile
Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.
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