Teachers Retirement System of The State of Kentucky Lowers Position in Lennox International, Inc. $LII

Teachers Retirement System of The State of Kentucky lessened its stake in shares of Lennox International, Inc. (NYSE:LII) by 45.1% during the 3rd quarter, Holdings Channel reports. The fund owned 2,520 shares of the construction company’s stock after selling 2,074 shares during the period. Teachers Retirement System of The State of Kentucky’s holdings in Lennox International were worth $1,334,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Eukles Asset Management increased its stake in Lennox International by 2.8% during the 2nd quarter. Eukles Asset Management now owns 1,019 shares of the construction company’s stock valued at $584,000 after purchasing an additional 28 shares in the last quarter. First Horizon Advisors Inc. increased its holdings in shares of Lennox International by 52.9% during the 2nd quarter. First Horizon Advisors Inc. now owns 107 shares of the construction company’s stock valued at $61,000 after purchasing an additional 37 shares in the last quarter. Bessemer Group Inc. raised its position in shares of Lennox International by 52.8% in the third quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock worth $59,000 after acquiring an additional 38 shares during the period. Root Financial Partners LLC purchased a new position in Lennox International during the third quarter worth approximately $28,000. Finally, Covestor Ltd increased its holdings in Lennox International by 217.2% in the 3rd quarter. Covestor Ltd now owns 92 shares of the construction company’s stock worth $48,000 after acquiring an additional 63 shares in the last quarter. 67.07% of the stock is currently owned by institutional investors and hedge funds.

Lennox International Price Performance

Lennox International stock opened at $528.31 on Friday. The company’s 50 day moving average is $526.78 and its two-hundred day moving average is $522.27. The firm has a market cap of $18.39 billion, a PE ratio of 23.75, a price-to-earnings-growth ratio of 2.13 and a beta of 1.16. The company has a quick ratio of 0.63, a current ratio of 1.60 and a debt-to-equity ratio of 0.98. Lennox International, Inc. has a 52-week low of $443.19 and a 52-week high of $689.44.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, January 28th. The construction company reported $4.45 earnings per share (EPS) for the quarter, missing the consensus estimate of $4.76 by ($0.31). Lennox International had a net margin of 15.13% and a return on equity of 80.23%. The company had revenue of $1.20 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the business posted $5.60 earnings per share. The firm’s revenue was down 11.2% on a year-over-year basis. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. On average, research analysts expect that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently commented on LII shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Lennox International in a research note on Thursday, January 22nd. JPMorgan Chase & Co. increased their price objective on Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a research report on Friday, January 16th. Royal Bank Of Canada decreased their price target on Lennox International from $563.00 to $534.00 and set a “sector perform” rating on the stock in a research note on Thursday, January 29th. Wells Fargo & Company raised their price objective on Lennox International from $520.00 to $560.00 and gave the stock an “equal weight” rating in a research report on Thursday. Finally, William Blair reaffirmed an “outperform” rating on shares of Lennox International in a research report on Thursday. Five analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $593.83.

Insiders Place Their Bets

In other Lennox International news, CAO Chris Kosel sold 254 shares of the stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $536.50, for a total value of $136,271.00. Following the sale, the chief accounting officer directly owned 1,090 shares of the company’s stock, valued at approximately $584,785. This represents a 18.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, Director Todd J. Teske sold 700 shares of the business’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $533.45, for a total transaction of $373,415.00. Following the transaction, the director owned 6,881 shares of the company’s stock, valued at approximately $3,670,669.45. The trade was a 9.23% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,054 shares of company stock worth $563,687 in the last 90 days. Corporate insiders own 9.73% of the company’s stock.

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.