Lennox International Inc. (NYSE:LII) Director Sells $199,215.25 in Stock

Lennox International Inc. (NYSE:LII) Director Shane D. Wall sold 325 shares of Lennox International stock in a transaction dated Monday, October 28th. The stock was sold at an average price of $612.97, for a total value of $199,215.25. Following the completion of the transaction, the director now owns 2,035 shares in the company, valued at approximately $1,247,393.95. This represents a 0.00 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Lennox International Stock Down 0.3 %

LII traded down $1.84 during trading on Tuesday, reaching $610.80. The stock had a trading volume of 215,520 shares, compared to its average volume of 273,500. The stock’s 50 day moving average is $592.98 and its two-hundred day moving average is $545.64. The company has a current ratio of 1.60, a quick ratio of 0.90 and a debt-to-equity ratio of 1.95. The company has a market capitalization of $21.76 billion, a price-to-earnings ratio of 35.49, a P/E/G ratio of 1.82 and a beta of 1.07. Lennox International Inc. has a one year low of $358.85 and a one year high of $627.46.

Lennox International (NYSE:LII) last posted 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 business 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 198.36% and a net margin of 12.85%. The firm’s quarterly revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $5.37 earnings per share. As a group, analysts expect that Lennox International Inc. will post 20.38 earnings per share for the current year.

Lennox International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were issued a dividend of $1.15 per share. The ex-dividend date was Monday, September 30th. This represents a $4.60 annualized dividend and a dividend yield of 0.75%. Lennox International’s payout ratio is presently 26.65%.

Hedge Funds Weigh In On Lennox International

Several institutional investors and hedge funds have recently modified their holdings of LII. Innealta Capital LLC bought a new position in shares of Lennox International during the second quarter valued at $33,000. Massmutual Trust Co. FSB ADV increased its holdings in shares of Lennox International by 38.8% during the second quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock valued at $36,000 after acquiring an additional 19 shares in the last quarter. UMB Bank n.a. increased its holdings in shares of Lennox International by 388.9% during the third quarter. UMB Bank n.a. now owns 88 shares of the construction company’s stock valued at $53,000 after acquiring an additional 70 shares in the last quarter. Whittier Trust Co. of Nevada Inc. bought a new position in shares of Lennox International during the second quarter valued at $65,000. Finally, Bessemer Group Inc. increased its holdings in shares of Lennox International by 403.3% during the first quarter. Bessemer Group Inc. now owns 151 shares of the construction company’s stock valued at $73,000 after acquiring an additional 121 shares in the last quarter. 67.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently commented on LII. The Goldman Sachs Group lifted their price objective on Lennox International from $507.00 to $575.00 and gave the stock a “buy” rating in a report on Wednesday, July 10th. Royal Bank of Canada upped their price target on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Mizuho lifted their price objective on Lennox International from $650.00 to $675.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Stephens restated an “overweight” rating and set a $675.00 target price on shares of Lennox International in a report on Thursday, July 25th. Finally, Robert W. Baird upped their target price on Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. One investment analyst has rated the stock with a sell rating, seven have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, Lennox International presently has a consensus rating of “Hold” and an average price target of $583.92.

About Lennox International

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.