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

Lennox International Trading Up 0.4 %

Shares of NYSE LII opened at $602.74 on Friday. The stock has a market cap of $21.47 billion, a P/E ratio of 34.92, a price-to-earnings-growth ratio of 1.82 and a beta of 1.07. The firm has a 50 day moving average price of $594.71 and a two-hundred day moving average price of $547.38. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.90 and a current ratio of 1.60. Lennox International Inc. has a 52-week low of $366.67 and a 52-week high of $627.46.

Lennox International (NYSE:LII) last announced its earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.95 by $0.73. Lennox International had a return on equity of 198.36% and a net margin of 12.85%. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same period last year, the company earned $5.37 EPS. Lennox International’s revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, equities analysts forecast that Lennox International Inc. will post 20.38 EPS for the current year.

Lennox International Dividend Announcement

The company also recently declared 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 0.76%. Lennox International’s payout ratio is 26.65%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Innealta Capital LLC bought a new position in Lennox International during the second quarter worth $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 worth $36,000 after acquiring an additional 19 shares during the period. UMB Bank n.a. raised its position in shares of Lennox International by 388.9% in the 3rd quarter. UMB Bank n.a. now owns 88 shares of the construction company’s stock worth $53,000 after acquiring 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 2nd quarter valued at about $65,000. Finally, Bessemer Group Inc. boosted its position in shares of Lennox International by 403.3% during the 1st quarter. Bessemer Group Inc. now owns 151 shares of the construction company’s stock valued at $73,000 after purchasing an additional 121 shares in the last quarter. Institutional investors and hedge funds own 67.07% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Royal Bank of Canada boosted their target price on shares of Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Stephens restated an “overweight” rating and set a $675.00 price objective on shares of Lennox International in a research report on Thursday, July 25th. Robert W. Baird raised 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. The Goldman Sachs Group boosted their target price on Lennox International from $507.00 to $575.00 and gave the stock a “buy” rating in a research note on Wednesday, July 10th. Finally, 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. One equities research 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.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.