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 the firm’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $612.97, for a total transaction of $199,215.25. Following the transaction, the director now directly owns 2,035 shares in the company, valued at $1,247,393.95. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Lennox International Stock Performance

LII opened at $600.49 on Thursday. Lennox International Inc. has a 1-year low of $366.67 and a 1-year high of $627.46. The stock has a market cap of $21.39 billion, a P/E ratio of 34.79, a P/E/G ratio of 1.82 and a beta of 1.07. The stock’s 50 day simple moving average is $594.14 and its 200 day simple moving average is $547.00. The company has a debt-to-equity ratio of 1.95, a current ratio of 1.60 and a quick ratio of 0.90.

Lennox International (NYSE:LII) last posted its earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share for the quarter, beating the consensus estimate of $5.95 by $0.73. The company 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 198.36% and a net margin of 12.85%. Lennox International’s 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, equities analysts anticipate that Lennox International Inc. will post 20.38 EPS for the current fiscal year.

Lennox International Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders 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 yield of 0.77%. Lennox International’s dividend payout ratio (DPR) is currently 26.65%.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LII. Barclays increased their target price on shares of Lennox International from $575.00 to $624.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 24th. Mizuho boosted 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. Stephens restated an “overweight” rating and set a $675.00 price target on shares of Lennox International in a research note on Thursday, July 25th. Robert W. Baird lifted their price objective on shares of Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. Finally, Wells Fargo & Company upped their price objective on shares of Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a research report on Monday, October 7th. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $583.92.

Institutional Trading of Lennox International

Institutional investors and hedge funds have recently modified their holdings of the business. Innealta Capital LLC purchased a new position in shares of Lennox International during the 2nd quarter worth approximately $33,000. Massmutual Trust Co. FSB ADV grew its holdings in Lennox International by 38.8% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock valued at $36,000 after buying an additional 19 shares during the last quarter. UMB Bank n.a. increased its position in Lennox International by 388.9% during the third quarter. UMB Bank n.a. now owns 88 shares of the construction company’s stock worth $53,000 after buying an additional 70 shares in the last quarter. Whittier Trust Co. of Nevada Inc. acquired a new position in shares of Lennox International in the second quarter worth $65,000. Finally, Bessemer Group Inc. lifted its position in shares of Lennox International by 403.3% in 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. Hedge funds and other institutional investors own 67.07% of the company’s stock.

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.