Lennox International Inc. (NYSE:LII - Get Free Report) CAO Chris Kosel sold 200 shares of the company's stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $625.49, for a total transaction of $125,098.00. Following the completion of the sale, the chief accounting officer now directly owns 1,446 shares of the company's stock, valued at $904,458.54. This represents a 12.15 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.
Lennox International Stock Down 0.5 %
Shares of LII stock traded down $3.03 during trading on Friday, reaching $614.83. The company's stock had a trading volume of 17,820 shares, compared to its average volume of 271,356. Lennox International Inc. has a 1-year low of $397.34 and a 1-year high of $653.83. The stock's 50-day moving average price is $603.28 and its 200 day moving average price is $557.96. The company has a market capitalization of $21.90 billion, a price-to-earnings ratio of 29.31, a P/E/G ratio of 1.90 and a beta of 1.07. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.39 and a quick ratio of 0.87.
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Lennox International (NYSE:LII - Get Free Report) last posted its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 earnings per share for the quarter, topping analysts' consensus estimates of $5.95 by $0.73. The business had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.42 billion. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The company's revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $5.37 earnings per share. On average, research analysts anticipate that Lennox International Inc. will post 21.1 EPS for the current year.
Lennox International Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date was Monday, September 30th. Lennox International's dividend payout ratio is presently 21.84%.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. KeyCorp cut shares of Lennox International from an "overweight" rating to a "sector weight" rating in a research note on Tuesday, October 15th. Mizuho upped their price objective on Lennox International from $650.00 to $675.00 and gave the company an "outperform" rating in a report on Thursday, October 24th. Stephens reissued an "overweight" rating and set a $675.00 target price on shares of Lennox International in a research note on Thursday, July 25th. Robert W. Baird upped their price target on Lennox International from $648.00 to $656.00 and gave the company a "neutral" rating in a research note on Thursday, October 24th. Finally, Royal Bank of Canada raised their price objective on Lennox International from $604.00 to $619.00 and gave the stock a "sector perform" rating in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $583.92.
Get Our Latest Stock Report on LII
Institutional Trading of Lennox International
A number of large investors have recently made changes to their positions in LII. Erste Asset Management GmbH purchased a new stake in shares of Lennox International during the 3rd quarter worth $493,000. Caisse DE Depot ET Placement DU Quebec lifted its holdings in Lennox International by 1,065.7% during the 3rd quarter. Caisse DE Depot ET Placement DU Quebec now owns 7,670 shares of the construction company's stock worth $4,635,000 after buying an additional 7,012 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of Lennox International by 26.9% during the 3rd quarter. BNP Paribas Financial Markets now owns 23,261 shares of the construction company's stock worth $14,056,000 after acquiring an additional 4,927 shares in the last quarter. Quantbot Technologies LP purchased a new position in shares of Lennox International in the 3rd quarter valued at about $77,000. Finally, Eagle Asset Management Inc. raised its position in shares of Lennox International by 7.7% during the 3rd quarter. Eagle Asset Management Inc. now owns 14,673 shares of the construction company's stock worth $9,258,000 after acquiring an additional 1,047 shares in the last quarter. 67.07% of the stock is currently owned by hedge funds and other institutional investors.
About Lennox International
(
Get Free Report)
Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.
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