Lennox International Inc. (NYSE:LII) EVP John D. Torres Sells 581 Shares

Lennox International Inc. (NYSE:LII) EVP John D. Torres sold 581 shares of the company’s stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $620.98, for a total transaction of $360,789.38. Following the completion of the transaction, the executive vice president now directly owns 4,668 shares in the company, valued at $2,898,734.64. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Lennox International Trading Down 0.3 %

Shares of NYSE:LII opened at $610.80 on Wednesday. Lennox International Inc. has a 52 week low of $358.85 and a 52 week high of $627.46. The company’s 50 day moving average is $593.75 and its two-hundred day moving average is $546.62. The company has a market cap of $21.76 billion, a PE ratio of 35.39, a P/E/G ratio of 1.82 and a beta of 1.07. The company has a current ratio of 1.60, a quick ratio of 0.90 and a debt-to-equity ratio of 1.95.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share for the quarter, beating analysts’ consensus estimates of $5.95 by $0.73. Lennox International had a return on equity of 198.36% and a net margin of 12.85%. The company had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same period last year, the firm earned $5.37 earnings per share. Lennox International’s quarterly revenue was up 9.6% on a year-over-year basis. Equities analysts predict that Lennox International Inc. will post 20.38 earnings per share for the current fiscal year.

Lennox International Announces Dividend

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

Analyst Upgrades and Downgrades

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

Institutional Trading of Lennox International

Institutional investors have recently modified their holdings of the stock. Rhumbline Advisers grew its position in shares of Lennox International by 3.1% in the 2nd quarter. Rhumbline Advisers now owns 99,181 shares of the construction company’s stock valued at $53,060,000 after buying an additional 2,958 shares during the last quarter. Achmea Investment Management B.V. grew its holdings 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 purchasing an additional 5,673 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. increased its position in shares of Lennox International by 9.0% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 73,135 shares of the construction company’s stock worth $35,745,000 after purchasing an additional 6,041 shares in the last quarter. New York State Common Retirement Fund lifted its holdings in shares of 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. Finally, Swedbank AB acquired a new stake in shares of Lennox International in the 1st quarter valued at about $15,416,000. 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.