Catalyst Funds Management Pty Ltd Purchases 600 Shares of Lennox International Inc. (NYSE:LII)

Catalyst Funds Management Pty Ltd boosted its holdings in Lennox International Inc. (NYSE:LII) by 200.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 900 shares of the construction company’s stock after acquiring an additional 600 shares during the quarter. Catalyst Funds Management Pty Ltd’s holdings in Lennox International were worth $548,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Jones Financial Companies Lllp lifted its holdings in shares of Lennox International by 487.7% during the fourth quarter. Jones Financial Companies Lllp now owns 429 shares of the construction company’s stock valued at $261,000 after purchasing an additional 356 shares in the last quarter. Private Trust Co. NA lifted its stake in Lennox International by 62.5% during the 4th quarter. Private Trust Co. NA now owns 117 shares of the construction company’s stock valued at $71,000 after acquiring an additional 45 shares during the period. Crestwood Advisors Group LLC purchased a new stake in shares of Lennox International during the 4th quarter valued at about $322,000. Vicus Capital bought a new stake in shares of Lennox International in the fourth quarter worth approximately $202,000. Finally, V Square Quantitative Management LLC grew its stake in shares of Lennox International by 94.9% in the fourth quarter. V Square Quantitative Management LLC now owns 690 shares of the construction company’s stock worth $420,000 after acquiring an additional 336 shares during the period. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Lennox International

In related news, CAO Chris Kosel sold 194 shares of the company’s stock in a transaction on Friday, February 21st. The shares were sold at an average price of $644.20, for a total transaction of $124,974.80. Following the completion of the transaction, the chief accounting officer now owns 1,282 shares in the company, valued at approximately $825,864.40. This represents a 13.14 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 10.40% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on LII shares. Mizuho downgraded shares of Lennox International from an “outperform” rating to a “neutral” rating and cut their target price for the stock from $675.00 to $625.00 in a research report on Thursday, January 30th. Royal Bank of Canada upped their price objective on Lennox International from $617.00 to $642.00 and gave the company a “sector perform” rating in a research report on Thursday, January 30th. Northcoast Research began coverage on Lennox International in a research report on Friday, November 22nd. They issued a “sell” rating and a $475.00 target price on the stock. JPMorgan Chase & Co. boosted their price target on Lennox International from $536.00 to $565.00 and gave the company an “underweight” rating in a research note on Thursday, January 30th. Finally, UBS Group increased their price objective on shares of Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a research note on Friday, January 3rd. Four analysts have rated the stock with a sell rating, five have given a hold rating and four have given a buy rating to the company’s stock. According to data from MarketBeat.com, Lennox International presently has a consensus rating of “Hold” and an average target price of $614.62.

Lennox International Stock Performance

LII opened at $576.23 on Friday. The company has a 50 day simple moving average of $613.15 and a two-hundred day simple moving average of $614.87. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90. The firm has a market cap of $20.50 billion, a P/E ratio of 25.56, a PEG ratio of 2.36 and a beta of 1.13. Lennox International Inc. has a 1-year low of $445.63 and a 1-year high of $682.50.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, topping the consensus estimate of $4.12 by $1.48. Lennox International had a net margin of 15.11% and a return on equity of 126.79%. Equities analysts forecast that Lennox International Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International 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.