Lennox International Inc. (NYSE:LII) Director Sells $330,370.00 in Stock

Lennox International Inc. (NYSE:LII) Director Sherry Buck sold 500 shares of the company’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $660.74, for a total transaction of $330,370.00. Following the completion of the sale, the director now directly owns 1,693 shares in the company, valued at approximately $1,118,632.82. The trade was a 22.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Lennox International Trading Up 1.1 %

Shares of NYSE:LII opened at $667.13 on Friday. The company has a market capitalization of $23.77 billion, a P/E ratio of 31.68, a P/E/G ratio of 2.02 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. The business’s 50 day simple moving average is $616.77 and its 200 day simple moving average is $571.31. Lennox International Inc. has a 1 year low of $397.34 and a 1 year high of $682.50.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, topping analysts’ consensus estimates of $5.95 by $0.73. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter last year, the business earned $5.37 earnings per share. Lennox International’s revenue was up 9.6% on a year-over-year basis. On average, research analysts anticipate that Lennox International Inc. will post 21.1 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 paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend was Monday, September 30th. Lennox International’s payout ratio is presently 21.84%.

Institutional Trading of Lennox International

Several institutional investors and hedge funds have recently modified their holdings of the business. Swedbank AB acquired a new position in Lennox International during the first quarter worth about $15,416,000. New York State Common Retirement Fund lifted its stake 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 during the last quarter. Fifth Third Wealth Advisors LLC acquired a new stake in Lennox International in the second quarter valued at approximately $491,000. Achmea Investment Management B.V. grew its stake in shares of Lennox International by 7.3% during the second quarter. Achmea Investment Management B.V. now owns 83,311 shares of the construction company’s stock worth $44,570,000 after buying an additional 5,673 shares during the last quarter. Finally, National Pension Service increased its holdings in shares of Lennox International by 2.3% during the third quarter. National Pension Service now owns 51,263 shares of the construction company’s stock worth $30,978,000 after buying an additional 1,140 shares in the last quarter. 67.07% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

LII has been the subject of a number of recent analyst reports. Barclays raised their price objective on Lennox International from $575.00 to $624.00 and gave the company an “equal weight” rating in a research report on Thursday, October 24th. Royal Bank of Canada raised their price target on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th. Robert W. Baird upped their price objective on shares of Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Northcoast Research began coverage on shares of Lennox International in a research note on Friday, November 22nd. They set a “sell” rating and a $475.00 target price for the company. Finally, KeyCorp downgraded shares of Lennox International from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 15th. Two research analysts have 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 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.