Cfo4life buys $3.8 Million stake in Lennox International (LII)

Lennox International (LII) : Cfo4life scooped up 11,990 additional shares in Lennox International during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 13, 2016. The investment management firm now holds a total of 27,692 shares of Lennox International which is valued at $3.8 Million.Lennox International makes up approximately 3.48% of Cfo4life’s portfolio.

Other Hedge Funds, Including , Cantab Capital Partners Llp added LII to its portfolio by purchasing 2,165 company shares during the most recent quarter which is valued at $297,709. Lennox International makes up approx 0.08% of Cantab Capital Partners Llp’s portfolio. Kernodle Katon Asset Management Group added LII to its portfolio by purchasing 55 company shares during the most recent quarter which is valued at $7,563. Lennox International makes up approx 0.01% of Kernodle Katon Asset Management Group’s portfolio. Spot Trading L.l.c added LII to its portfolio by purchasing 1,735 company shares during the most recent quarter which is valued at $238,580. Lennox International makes up approx 0.03% of Spot Trading L.l.c’s portfolio.American Century Companies Inc reduced its stake in LII by selling 64,924 shares or 9.52% in the most recent quarter. The Hedge Fund company now holds 617,353 shares of LII which is valued at $84.4 Million. Lennox International makes up approx 0.10% of American Century Companies Inc’s portfolio.

Lennox International opened for trading at $136.07 and hit $136.58 on the upside on Wednesday, eventually ending the session at $136.23, with a gain of 0.52% or 0.71 points. The heightened volatility saw the trading volume jump to 2,84,967 shares. Company has a market cap of $5,941 M.

On the company’s financial health, Lennox International reported $0.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 18, 2016. Analyst had a consensus of $0.55. The company had revenue of $715.20 million for the quarter, compared to analysts expectations of $723.35 million. The company’s revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.37 EPS.

Investors should note that on May 11, 2016, Lennox International announced a cash dividend of $0.4300. The company’s management has announced Jun 28, 2016 as the ex-dividend date and fixed the record date on Jun 30, 2016. The payable date has been fixed on Jul 15, 2016.

Many Wall Street Analysts have commented on Lennox International. Lennox International was Upgraded by Seaport Global Securities to ” Buy” on Apr 19, 2016. Lennox International was Downgraded by KeyBanc Capital Mkts to ” Sector Weight” on Apr 14, 2016. Goldman Downgraded Lennox International on Mar 28, 2016 to ” Neutral”, Price Target of the shares are set at $136.

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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