Campbell Newman Asset Management 13F: Cuts LII Stake by $550K

Campbell Newman Asset Management trimmed its holdings in Lennox International Inc. (NYSE:LII) by 3.97% during the quarter, according to a Form 13F filing with the SEC on October 22, 2026. The firm shed 1,548 shares of the heating and cooling equipment maker, leaving it with 37,422 shares valued at roughly $13.3 million.

LII Lennox International Inc.

$378.72 ▼ -23.40% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Campbell Newman Asset Management's Lennox International Position

The fund reduced its exposure to the building products company by parting ways with 1,548 shares. Prior to the trade, Campbell Newman held 38,970 shares. Even with the reduction, the remaining stake of 37,422 shares represents a sizeable holding worth over $13 million based on market values at the time of the filing.

Other Institutional Activity in Lennox International

Other large investors have also tweaked their positions in the stock recently. True North Advisors grew its holdings by 6,706 shares, ending with 154,404 shares worth about $55.0 million. Capital International Investors reduced its stake by 380,143 shares to finish with 2,482,381 shares valued at $940.1 million. Viking Global Investors, L.P. added 18,554 shares, growing its position 1.2% to 1,590,959 shares worth about $602.5 million. Kayne Anderson Rudnick Investment Management LLC cut 135,299 shares, ending with 739,856 shares valued at $280.2 million. Millennium Management Llc boosted its stake significantly, adding 500,276 shares for a total of 683,440 shares worth about $258.8 million.

Lennox International Inc. Stock Up 5.4%

Lennox International shares recently traded around $378.72 as of October 23, 2026. That puts the stock up about 3.4% compared to its close of $366.37 on October 21, 2026. The company operates with a beta of 1.18, showing a bit more volatility than the broader market.

Recent Earnings

Lennox International generates trailing twelve month revenue of $5.3 billion alongside a net profit margin of 14.9%. The company posts basic profitability metrics including an earnings per share of $22.52 and a return on equity of 71.8%. Investors look ahead to the company's next earnings report scheduled for October 28, 2026.

Dividend

The company pays an annual dividend rate of $5.44 per share.

Insider Buying and Selling at Lennox International Inc.

Company insiders executed several sales earlier in the year. Officer Chris A Kosel sold 254 shares in February at $536.50 per share for a total of $136,271, and later sold 971 shares in May at $544.80 per share realizing $529,001. Director Todd J Teske sold 700 shares in February at $533.45 per share, while Director Shane D. Wall sold 100 shares in February at $540.01 per share.

Analysts Set New Price Targets

Wall Street firms adjusted their views on the stock through October. Goldman Sachs downgraded the stock to Neutral with a $390 target on October 14. Oppenheimer maintained an Outperform rating with a $548 target on the same day. RBC Capital kept a Sector Perform rating with a $406 target, while Morgan Stanley maintained an Underweight rating and a $350 target. Mizuho kept a Neutral rating with a $395 target.

About Lennox International

Based in Richardson, Texas, Lennox International designs and manufactures climate control products. The company focuses on heating, ventilation, air conditioning, and refrigeration equipment for residential and commercial markets across North America and international locations.

Bottom Line

Investors will look to the upcoming earnings report on October 28, 2026 for fresh updates on company performance. Institutional filing trends and analyst revisions continue to draw close attention as market participants evaluate the industrial equipment provider's valuation.