10 NYSE Stocks Hitting 52-Week Highs Monday

Lennox International Inc. (NYSE:LII) hit its 52-week high after posting better than expected second quarter results yesterday. The company reported EPS of $2.53, beating the estimated EPS of $2.36. Shares have continued to push higher today, hitting $151.45. At the end of March, 17 hedge funds in our system held about $101.5 million worth of stakes in Lennox International Inc. (NYSE:LII).

MaxLinear, Inc. (NYSE:MXL) shares soared to touch their 52-week of $21.15 yesterday. The company recently completed the acquisition of Broadcom Corporation’s Wireless Infrastructure Backhaul business. The electronics company said last week that it will announce its second quarter earnings on August 8.

Owens Corning (NYSE:OC) soared to new yearly highs on Monday, reaching $55.35. Last week, Goldman Sachs upgraded the company to ‘Neutral’ from ‘Sell’ and raised its price target on it to $58 per share. Shares have gained 17% year-to-date.

Post Holdings Inc (NYSE:POST) touched its 52-week high of $88.11 on Monday. The company also announced a quarterly dividend of $0.9375 per share on the company’s 3.75% Series B cumulative perpetual convertible preferred stock for the dividend period from May 15, 2016 to August 14, 2016. Last week, Post Holdings was given an ‘Outperform’ rating by BMO Capital Markets.

Tata Motors Limited (ADR) (NYSE:TTM)’s stock had a strong day to reach its 52-week high of $36.97. According to the latest data, the company’s Tiago, launched in April, is the automaker’s best-selling model. Tata Motors sold 3,022 units of the Tiago in the first month of its launch and has continued to clock massive orders in the following months. 15 hedge funds out of those tracked by Insider Monkey were long Tata Motors Limited (ADR) (NYSE:TTM) at the end of the first quarter.

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