New Amsterdam Partnersny Lowers stake in Lennox International (LII)

Lennox International (LII) : New Amsterdam Partnersny reduced its stake in Lennox International by 81.97% during the most recent quarter end. The investment management company now holds a total of 27,936 shares of Lennox International which is valued at $4,339,858 after selling 127,003 shares in Lennox International , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Lennox International makes up approximately 1.01% of New Amsterdam Partnersny’s portfolio.

Other Hedge Funds, Including , Ngam Advisors boosted its stake in LII in the latest quarter, The investment management firm added 691 additional shares and now holds a total of 34,005 shares of Lennox International which is valued at $5,282,677. Lennox International makes up approx 0.07% of Ngam Advisors’s portfolio.Tocqueville Asset Management reduced its stake in LII by selling 126 shares or 3.58% in the most recent quarter. The Hedge Fund company now holds 3,390 shares of LII which is valued at $531,552. Lennox International makes up approx 0.01% of Tocqueville Asset Management’s portfolio. Chicago Equity Partners added LII to its portfolio by purchasing 10,235 company shares during the most recent quarter which is valued at $1,604,848. Lennox International makes up approx 0.05% of Chicago Equity Partners’s portfolio.Ibm Retirement Fund reduced its stake in LII by selling 56 shares or 1.38% in the most recent quarter. The Hedge Fund company now holds 4,010 shares of LII which is valued at $607,876. Lennox International makes up approx 0.02% of Ibm Retirement Fund’s portfolio. Cutler Group Lp added LII to its portfolio by purchasing 897 company shares during the most recent quarter which is valued at $132,891. Lennox International makes up approx 0.01% of Cutler Group Lp’s portfolio.

Lennox International opened for trading at $155.63 and hit $157 on the upside on Thursday, eventually ending the session at $156.36, with a gain of 0.65% or 1.01 points. The heightened volatility saw the trading volume jump to 3,40,730 shares. Company has a market cap of $6,797 M.

On the company’s financial health, Lennox International reported $2.53 EPS for the quarter, beating the analyst consensus estimate by $ 0.18 according to the earnings call on Jul 18, 2016. Analyst had a consensus of $2.35. The company had revenue of $1019.00 million for the quarter, compared to analysts expectations of $1046.10 million. The company’s revenue was up 2.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.84 EPS.

Many Wall Street Analysts have commented on Lennox International. Company shares were Reiterated by UBS on Jul 19, 2016 to “Buy”, Firm has raised the Price Target to $ 170 from a previous price target of $157 .

Lennox International Inc. (LII) is a provider of climate control solutions. The Company designs manufactures and market a range of products for the heating ventilation air conditioning and refrigeration (HVACR) markets. The Company operates in three segments. The Residential Heating & Cooling segment’s products and services include furnaces air conditioners heat pumps packaged heating and cooling systems indoor air equipment comfort control products and replacement parts. The Commercial Heating & Cooling segment’s products and services include unitary heating and air conditioning equipment applied systems controls installation and service of commercial heating and cooling equipment. The Refrigeration segment’s products and services include condensing units unit coolers fluid coolers air cooled condensers air handlers process chillers controls compressorized racks supermarket display cases and systems.

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