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

New Age Alpha Advisors LLC bought a new stake in Lennox International Inc. (NYSE:LII) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 6,009 shares of the construction company’s stock, valued at approximately $3,661,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Harbor Capital Advisors Inc. raised its position in Lennox International by 3.0% during the fourth quarter. Harbor Capital Advisors Inc. now owns 681 shares of the construction company’s stock valued at $415,000 after buying an additional 20 shares during the period. Tilia Fiduciary Partners Inc. increased its holdings in shares of Lennox International by 0.7% in the 4th quarter. Tilia Fiduciary Partners Inc. now owns 4,628 shares of the construction company’s stock valued at $2,820,000 after purchasing an additional 30 shares during the period. Wilmington Savings Fund Society FSB purchased a new stake in shares of Lennox International in the third quarter worth approximately $27,000. Private Trust Co. NA boosted 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 worth $71,000 after purchasing an additional 45 shares during the period. Finally, Rappaport Reiches Capital Management LLC grew its position in Lennox International by 11.9% during the fourth quarter. Rappaport Reiches Capital Management LLC now owns 1,139 shares of the construction company’s stock valued at $694,000 after purchasing an additional 121 shares in the last quarter. Institutional investors and hedge funds own 67.07% of the company’s stock.

Insider Activity at Lennox International

In other news, CAO Chris Kosel sold 194 shares of Lennox International stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $644.20, for a total transaction of $124,974.80. Following the sale, the chief accounting officer now owns 1,282 shares of the company’s stock, valued at approximately $825,864.40. This trade represents a 13.14 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 10.40% of the company’s stock.

Lennox International Stock Down 4.4 %

Shares of LII stock opened at $552.20 on Friday. Lennox International Inc. has a 12 month low of $445.63 and a 12 month high of $682.50. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.98. The firm has a market cap of $19.65 billion, a PE ratio of 24.50, a price-to-earnings-growth ratio of 2.36 and a beta of 1.13. The stock has a 50 day moving average of $603.95 and a 200-day moving average of $615.30.

Lennox International (NYSE:LII) last released its earnings results on Wednesday, January 29th. The construction company reported $5.60 EPS for the quarter, beating 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%. On average, equities analysts predict that Lennox International Inc. will post 22.94 EPS for the current year.

Lennox International Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be given 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 of this dividend is Wednesday, April 30th. Lennox International’s dividend payout ratio (DPR) is presently 20.41%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. UBS Group increased their target price on shares of Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a research report on Friday, January 3rd. JPMorgan Chase & Co. increased their price objective on Lennox International from $536.00 to $565.00 and gave the stock an “underweight” rating in a report on Thursday, January 30th. Morgan Stanley assumed coverage on Lennox International in a research note on Monday, January 6th. They issued an “underweight” rating and a $595.00 target price on the stock. Stephens reaffirmed an “overweight” rating and set a $750.00 price target on shares of Lennox International in a research note on Friday, March 7th. Finally, Barclays raised Lennox International from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $665.00 to $702.00 in a research note on Wednesday, February 26th. Four research analysts have rated the stock with a sell rating, five have assigned a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $614.62.

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.