Lennox International Inc. (NYSE:LII) CAO Sells $125,098.00 in Stock

Lennox International Inc. (NYSE:LII) CAO Chris Kosel sold 200 shares of the company’s stock in a transaction on Wednesday, November 13th. The stock was sold at an average price of $625.49, for a total transaction of $125,098.00. Following the transaction, the chief accounting officer now owns 1,446 shares of the company’s stock, valued at $904,458.54. This represents a 12.15 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Lennox International Trading Down 1.2 %

Shares of LII stock opened at $610.15 on Friday. The company’s 50-day moving average price is $604.38 and its 200-day moving average price is $559.55. Lennox International Inc. has a twelve month low of $397.34 and a twelve month high of $653.83. The company has a current ratio of 1.39, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10. The stock has a market cap of $21.73 billion, a price-to-earnings ratio of 28.97, a PEG ratio of 1.87 and a beta of 1.07.

Lennox International (NYSE:LII) last issued its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $5.95 by $0.73. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.42 billion. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The company’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the company earned $5.37 EPS. As a group, equities analysts predict that Lennox International Inc. will post 21.1 earnings per share for the current year.

Lennox International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a $1.15 dividend. The ex-dividend date of this dividend was Monday, September 30th. This represents a $4.60 annualized dividend and a dividend yield of 0.75%. Lennox International’s dividend payout ratio is presently 21.84%.

Institutional Trading of Lennox International

Hedge funds have recently made changes to their positions in the business. Geode Capital Management LLC boosted its position in Lennox International by 2.2% in the 3rd quarter. Geode Capital Management LLC now owns 571,095 shares of the construction company’s stock valued at $345,645,000 after buying an additional 12,183 shares during the period. Rhumbline Advisers boosted its holdings in Lennox International by 3.1% in the second quarter. Rhumbline Advisers now owns 99,181 shares of the construction company’s stock valued at $53,060,000 after purchasing an additional 2,958 shares during the period. Achmea Investment Management B.V. grew its stake in Lennox International by 7.3% during the 2nd quarter. Achmea Investment Management B.V. now owns 83,311 shares of the construction company’s stock worth $44,570,000 after purchasing an additional 5,673 shares in the last quarter. New York State Common Retirement Fund raised its position in Lennox International by 3.8% in the 3rd quarter. New York State Common Retirement Fund now owns 55,113 shares of the construction company’s stock valued at $33,304,000 after purchasing an additional 2,013 shares in the last quarter. Finally, National Pension Service boosted its stake in shares of Lennox International by 2.3% in the 3rd quarter. National Pension Service now owns 51,263 shares of the construction company’s stock valued at $30,978,000 after buying an additional 1,140 shares during the period. Institutional investors and hedge funds own 67.07% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on LII shares. Robert W. Baird boosted their target price on shares of Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a research note on Thursday, October 24th. Mizuho increased their target price on Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Wells Fargo & Company raised their target price on Lennox International from $570.00 to $615.00 and gave the company an “equal weight” rating in a research report on Monday, October 7th. Royal Bank of Canada boosted their price target 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. Finally, Barclays raised their price objective on Lennox International from $575.00 to $624.00 and gave the company an “equal weight” rating in a report on Thursday, October 24th. One 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $583.92.

Lennox International Company Profile

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.