UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Lennox International, Inc. (NYSE:LII – Free Report) by 3.2% during the 2nd quarter, Holdings Channel reports. The firm owned 240,782 shares of the construction company’s stock after purchasing an additional 7,397 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Lennox International were worth $137,956,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Root Financial Partners LLC lifted its position in shares of Lennox International by 137.9% during the 1st quarter. Root Financial Partners LLC now owns 69 shares of the construction company’s stock worth $32,000 after buying an additional 40 shares in the last quarter. N.E.W. Advisory Services LLC bought a new position in shares of Lennox International in the second quarter valued at approximately $37,000. Huntington National Bank increased its position in shares of Lennox International by 51.8% during the fourth quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after acquiring an additional 29 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in shares of Lennox International during the second quarter valued at approximately $50,000. Finally, MUFG Securities EMEA plc bought a new stake in Lennox International during the second quarter worth $54,000. Hedge funds and other institutional investors own 67.07% of the company’s stock.
Lennox International Stock Down 1.5%
LII opened at $376.97 on Wednesday. The company has a 50 day moving average of $483.90 and a 200 day moving average of $499.15. The company has a market cap of $13.03 billion, a PE ratio of 17.04, a price-to-earnings-growth ratio of 1.50 and a beta of 1.18. Lennox International, Inc. has a 12 month low of $376.42 and a 12 month high of $587.27. The company has a current ratio of 1.57, a quick ratio of 0.77 and a debt-to-equity ratio of 0.89.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently issued reports on the company. Royal Bank Of Canada decreased their target price on Lennox International from $579.00 to $469.00 and set a “sector perform” rating for the company in a research report on Thursday, July 30th. The Goldman Sachs Group cut their price target on shares of Lennox International from $625.00 to $547.00 and set a “buy” rating on the stock in a report on Friday, July 31st. William Blair restated an “outperform” rating on shares of Lennox International in a research report on Wednesday, July 29th. Finally, Weiss Ratings downgraded shares of Lennox International from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 11th. Five investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $546.58.
Get Our Latest Report on Lennox International
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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