Lennox International Inc. (LII)’s Stock Formed A Several Months Double Top Pattern

Investors sentiment increased to 1.14 in 2018 Q3. Its up 0.19, from 0.95 in 2018Q2. It improved, as 25 investors sold Lennox International Inc. shares while 102 reduced holdings. 65 funds opened positions while 80 raised stakes. 26.20 million shares or 2.69% less from 26.92 million shares in 2018Q2 were reported.
Dimensional Fund Advsrs L P, a Texas-based fund reported 211,818 shares. Argent Mgmt Lc invested in 0.03% or 4,654 shares. Advisor Limited Co has 981 shares for 0.03% of their portfolio. Kepos Ltd Partnership accumulated 10,706 shares. 23,000 were accumulated by Lord Abbett & Ltd Liability Co. Signaturefd Llc holds 0% or 54 shares in its portfolio. 300 are held by Livforsakringsbolaget Skandia Omsesidigt. Tompkins Fincl holds 0.01% or 150 shares. Riverbridge Ptnrs Ltd Com has 0.46% invested in Lennox International Inc. (NYSE:LII) for 126,526 shares. Landscape Cap Management Limited reported 0.02% in Lennox International Inc. (NYSE:LII). Daiwa Securities Group Inc reported 1,350 shares stake. California Public Employees Retirement holds 0.03% or 110,118 shares in its portfolio. Adage Cap Ptnrs Grp Ltd Liability Com holds 0.01% or 23,305 shares in its portfolio. Jefferies Lc holds 2,064 shares. Carroll Assocs owns 0% invested in Lennox International Inc. (NYSE:LII) for 107 shares.

Since July 23, 2018, it had 0 buys, and 17 sales for $7.45 million activity. 1,715 Lennox International Inc. (NYSE:LII) shares with value of $361,802 were sold by Reitmeier Joseph William. Bluedorn Todd M had sold 6,171 shares worth $1.30 million on Wednesday, December 12. 147 Lennox International Inc. (NYSE:LII) shares with value of $31,293 were sold by Kosel Chris. The insider NORRIS JOHN W III sold 1,400 shares worth $302,183. $2.07M worth of Lennox International Inc. (NYSE:LII) was sold by BEDAPUDI PRAKASH. 1,073 shares were sold by JOHNSTON TERRY L, worth $225,330 on Wednesday, December 12.

The chart of Lennox International Inc. (LII) shows a double top with $240.25 target or 7.00 % above today’s $224.53 share price. The 8 months chart pattern indicates low risk for the $9.05B company. It was reported on Jan, 14 by Finviz.com. If the $240.25 price target is reached, the company will be worth $633.15M more. Double tops are rare but powerful chart patterns.

The stock decreased 0.23% or $0.51 during the last trading session, reaching $224.53. About 7,449 shares traded. Lennox International Inc. (NYSE:LII) has risen 1.63% since January 14, 2018 and is uptrending. It has outperformed by 1.63% the S&P500.

Analysts await Lennox International Inc. (NYSE:LII) to report earnings on February, 5. They expect $1.93 EPS, up 14.88 % or $0.25 from last year’s $1.68 per share. LII’s profit will be $77.75M for 29.08 P/E if the $1.93 EPS becomes a reality. After $2.72 actual EPS reported by Lennox International Inc. for the previous quarter, Wall Street now forecasts -29.04 % negative EPS growth.

Lennox International Inc. (NYSE:LII) Ratings Coverage

Among 7 analysts covering Lennox International (NYSE:LII), 3 have Buy rating, 1 Sell and 3 Hold. Therefore 43% are positive. Lennox International had 10 analyst reports since August 9, 2018 according to SRatingsIntel. The stock of Lennox International Inc. (NYSE:LII) has “Overweight” rating given on Thursday, August 9 by Barclays Capital. On Tuesday, October 23 the stock rating was maintained by Credit Suisse with “Outperform”. The stock has “Underweight” rating by Morgan Stanley on Tuesday, October 23. The stock of Lennox International Inc. (NYSE:LII) earned “Outperform” rating by Robert W. Baird on Tuesday, October 23. The rating was maintained by UBS with “Neutral” on Thursday, August 30. The rating was maintained by Barclays Capital with “Overweight” on Tuesday, October 23.

Another recent and important Lennox International Inc. (NYSE:LII) news was published by Seekingalpha.com which published an article titled: “Sherwin-Williams Could Be Attractive – Seeking Alpha” on July 06, 2018.

Lennox International Inc. designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Europe, the Asia Pacific, South America, and Canada. The company has market cap of $9.05 billion. The firm operates in three divisions: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. It has a 28.62 P/E ratio. The Residential Heating & Cooling segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies for residential replacement and new construction markets.

Lennox International Inc. (NYSE:LII) Institutional Positions Chart

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