Lennox International Inc. (NYSE:LII) Director Todd J. Teske Sells 500 Shares

Lennox International Inc. (NYSE:LII) Director Todd J. Teske sold 500 shares of the business’s stock in a transaction on Monday, November 25th. The shares were sold at an average price of $675.52, for a total transaction of $337,760.00. Following the completion of the transaction, the director now directly owns 7,911 shares of the company’s stock, valued at $5,344,038.72. This trade represents a 5.94 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lennox International Stock Performance

LII stock traded down $11.46 during mid-day trading on Tuesday, hitting $666.97. The company had a trading volume of 176,080 shares, compared to its average volume of 271,273. The firm has a market cap of $23.76 billion, a PE ratio of 32.24, a price-to-earnings-growth ratio of 2.02 and a beta of 1.07. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.87 and a current ratio of 1.39. Lennox International Inc. has a 12 month low of $397.34 and a 12 month high of $682.50. The stock’s fifty day moving average price is $612.51 and its two-hundred day moving average price is $567.57.

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

Lennox International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 0.69%. The ex-dividend date of this dividend was Monday, September 30th. Lennox International’s dividend payout ratio (DPR) is currently 21.84%.

Institutional Trading of Lennox International

Several hedge funds and other institutional investors have recently modified their holdings of LII. Wilmington Savings Fund Society FSB bought a new stake in shares of Lennox International in the third quarter valued at approximately $27,000. Innealta Capital LLC bought a new stake in shares of Lennox International in the second quarter valued at approximately $33,000. Massmutual Trust Co. FSB ADV grew its stake in 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. First Horizon Advisors Inc. bought a new stake in Lennox International during the 3rd quarter worth approximately $39,000. Finally, Huntington National Bank lifted its stake in Lennox International by 47.9% in the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock worth $43,000 after purchasing an additional 23 shares in the last quarter. Institutional investors own 67.07% of the company’s stock.

Wall Street Analysts Forecast Growth

LII has been the topic of a number of analyst reports. Robert W. Baird increased their target price on shares of Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a research report on Thursday, October 24th. Northcoast Research initiated coverage on shares of Lennox International in a research note on Friday. They issued a “sell” rating and a $475.00 price objective for the company. Mizuho increased their price objective on shares of Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Barclays raised their price target on shares of Lennox International from $575.00 to $624.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Finally, Wells Fargo & Company raised their price target on shares of Lennox International from $570.00 to $615.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Lennox International has an average rating of “Hold” and a consensus price target of $575.54.

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.