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

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

A number of other institutional investors and hedge funds have also made changes to their positions in LII. Jones Financial Companies Lllp lifted its holdings in shares of Lennox International by 487.7% in the 4th quarter. Jones Financial Companies Lllp now owns 429 shares of the construction company’s stock valued at $261,000 after acquiring an additional 356 shares during the last quarter. Private Trust Co. NA boosted its holdings in shares of Lennox International by 62.5% in the 4th 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. Crestwood Advisors Group LLC bought a new position in shares of Lennox International during the 4th quarter valued at approximately $322,000. Vicus Capital bought a new position in shares of Lennox International during the 4th quarter valued at approximately $202,000. Finally, V Square Quantitative Management LLC raised its holdings in Lennox International by 94.9% during the 4th quarter. V Square Quantitative Management LLC now owns 690 shares of the construction company’s stock valued at $420,000 after buying an additional 336 shares during the period. 67.07% of the stock is owned by hedge funds and other institutional investors.

Lennox International Price Performance

Shares of LII stock opened at $576.23 on Friday. Lennox International Inc. has a twelve month low of $445.63 and a twelve month high of $682.50. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98. The stock has a fifty day simple moving average of $613.15 and a two-hundred day simple moving average of $614.87. The stock has a market capitalization of $20.50 billion, a price-to-earnings ratio of 25.56, a P/E/G ratio of 2.36 and a beta of 1.13.

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

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. UBS Group lifted 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. Mizuho cut shares of Lennox International from an “outperform” rating to a “neutral” rating and dropped their price target for the stock from $675.00 to $625.00 in a research note on Thursday, January 30th. Barclays raised shares of Lennox International from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $665.00 to $702.00 in a research note on Wednesday, February 26th. JPMorgan Chase & Co. upped their target price 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, Royal Bank of Canada raised their price target on Lennox International from $617.00 to $642.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 30th. Four equities research analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the stock. According to data from MarketBeat, Lennox International currently has an average rating of “Hold” and an average price target of $614.62.

Insider Buying and Selling

In other Lennox International news, CAO Chris Kosel sold 194 shares of the business’s stock in a transaction dated Friday, February 21st. The shares were 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 directly owns 1,282 shares in the company, valued at approximately $825,864.40. The trade was a 13.14 % decrease in their ownership of the stock. The sale 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 insiders.

About Lennox International

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.