Capstone Investment Advisors LLC bought a new stake in Lennox International, Inc. (NYSE:LII – Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 5,220 shares of the construction company’s stock, valued at approximately $2,991,000.
Several other large investors have also recently bought and sold shares of LII. Root Financial Partners LLC grew its stake in Lennox International by 137.9% in the first quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock valued at $32,000 after purchasing an additional 40 shares in the last quarter. N.E.W. Advisory Services LLC bought a new stake in shares of Lennox International during the 2nd quarter worth approximately $37,000. Huntington National Bank boosted its holdings in shares of Lennox International by 51.8% in the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after buying an additional 29 shares during the last quarter. Global Retirement Partners LLC acquired a new stake in shares of Lennox International in the 2nd quarter valued at approximately $50,000. Finally, MUFG Securities EMEA plc bought a new position in shares of Lennox International in the second quarter valued at $54,000. 67.07% of the stock is owned by institutional investors and hedge funds.
Lennox International Stock Performance
NYSE LII opened at $391.81 on Friday. The stock has a market cap of $13.54 billion, a PE ratio of 17.71, a P/E/G ratio of 1.55 and a beta of 1.19. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.77 and a current ratio of 1.57. The firm has a 50-day moving average of $492.67 and a 200-day moving average of $502.56. Lennox International, Inc. has a 52-week low of $387.45 and a 52-week high of $587.27.
Analyst Upgrades and Downgrades
A number of brokerages recently weighed in on LII. William Blair restated an “outperform” rating on shares of Lennox International in a report on Wednesday, July 29th. Barclays decreased their price objective on shares of Lennox International from $600.00 to $597.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Vertical Research raised shares of Lennox International from a “hold” rating to a “buy” rating and set a $600.00 target price on the stock in a report on Thursday, April 30th. The Goldman Sachs Group reduced their price target on Lennox International from $625.00 to $547.00 and set a “buy” rating for the company in a report on Friday, July 31st. Finally, Weiss Ratings downgraded Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, August 11th. Five equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $546.58.
Read Our Latest Stock Analysis on LII
Lennox International Company Profile
Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.
Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.
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