New Age Alpha Advisors LLC Makes New Investment in Lennox International Inc. (NYSE:LII)

New Age Alpha Advisors LLC bought a new position in shares of Lennox International Inc. (NYSE:LII) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 6,009 shares of the construction company’s stock, valued at approximately $3,661,000.

A number of other large investors also recently modified their holdings of LII. Wilmington Savings Fund Society FSB bought a new stake in shares of Lennox International during the 3rd quarter valued at about $27,000. Private Trust Co. NA grew its holdings 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 valued at $71,000 after purchasing an additional 45 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of Lennox International during the 3rd quarter worth approximately $77,000. Anchor Investment Management LLC bought a new stake in shares of Lennox International in the 3rd quarter worth approximately $124,000. Finally, Vicus Capital acquired a new position in Lennox International during the 4th quarter valued at approximately $202,000. 67.07% of the stock is currently owned by institutional investors.

Lennox International Stock Down 4.4 %

LII opened at $552.20 on Friday. The stock’s fifty day moving average is $603.95 and its 200-day moving average is $615.30. Lennox International Inc. has a one year low of $445.63 and a one year high of $682.50. The company has a market capitalization of $19.65 billion, a PE ratio of 24.50, a P/E/G ratio of 2.36 and a beta of 1.13. 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 (NYSE:LII) last issued its quarterly earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share 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, equities analysts predict that Lennox International Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be issued a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 0.83%. The ex-dividend date is Wednesday, April 30th. Lennox International’s payout ratio is 20.41%.

Insiders Place Their Bets

In related news, CAO Chris Kosel sold 194 shares of the stock in a transaction 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 owns 1,282 shares in the company, valued at $825,864.40. This trade represents a 13.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 10.40% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

LII has been the topic of several analyst reports. Stephens reaffirmed an “overweight” rating and issued a $750.00 target price on shares of Lennox International in a research report on Friday, March 7th. JPMorgan Chase & Co. lifted their price objective on shares of Lennox International from $536.00 to $565.00 and gave the company an “underweight” rating in a research report on Thursday, January 30th. Barclays upgraded shares of Lennox International from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $665.00 to $702.00 in a research report on Wednesday, February 26th. Mizuho cut Lennox International from an “outperform” rating to a “neutral” rating and cut their price target for the company from $675.00 to $625.00 in a report on Thursday, January 30th. Finally, Morgan Stanley started coverage on Lennox International in a 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 given a hold rating and four have given a buy rating to the stock. Based on data from MarketBeat, Lennox International currently has a consensus rating of “Hold” and an average price target 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.