Lennox International Inc. (NYSE:LII) CAO Sells $124,974.80 in Stock

Lennox International Inc. (NYSE:LII - Get Free Report) CAO Chris Kosel sold 194 shares of Lennox International stock in a transaction dated Friday, February 21st. The stock was sold at an average price of $644.20, for a total value of $124,974.80. Following the completion of the sale, the chief accounting officer now directly owns 1,282 shares of the company's stock, valued at approximately $825,864.40. This trade represents a 13.14 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Lennox International Trading Down 1.2 %

NYSE LII traded down $7.42 during trading on Thursday, hitting $615.55. 107,033 shares of the company's stock traded hands, compared to its average volume of 373,684. The firm has a market cap of $21.90 billion, a P/E ratio of 27.30, a PEG ratio of 2.36 and a beta of 1.10. The stock has a fifty day moving average of $621.53 and a two-hundred day moving average of $614.14. The company has a debt-to-equity ratio of 0.98, a current ratio of 1.43 and a quick ratio of 0.90. Lennox International Inc. has a 12-month low of $445.63 and a 12-month high of $682.50.

Lennox International (NYSE:LII - Get Free Report) last announced its quarterly earnings data on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, beating the consensus estimate of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. As a group, sell-side analysts expect that Lennox International Inc. will post 22.94 EPS for the current year.

Remove Ads

Lennox International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Tuesday, December 31st were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 0.75%. The ex-dividend date was Tuesday, December 31st. Lennox International's dividend payout ratio (DPR) is 20.41%.

Institutional Trading of Lennox International

Several large investors have recently modified their holdings of the business. Mufg Securities Americas Inc. purchased a new stake in Lennox International in the 4th quarter worth approximately $288,000. Lazard Asset Management LLC lifted its stake in Lennox International by 70,811.1% in the fourth quarter. Lazard Asset Management LLC now owns 6,382 shares of the construction company's stock worth $3,888,000 after acquiring an additional 6,373 shares during the period. Driehaus Capital Management LLC boosted its holdings in Lennox International by 3.8% in the fourth quarter. Driehaus Capital Management LLC now owns 38,259 shares of the construction company's stock valued at $23,311,000 after acquiring an additional 1,411 shares in the last quarter. Captrust Financial Advisors increased its position in Lennox International by 500.0% during the 4th quarter. Captrust Financial Advisors now owns 94,086 shares of the construction company's stock valued at $57,326,000 after purchasing an additional 78,406 shares during the period. Finally, BNP Paribas Financial Markets raised its holdings in Lennox International by 227.4% in the 4th quarter. BNP Paribas Financial Markets now owns 76,149 shares of the construction company's stock worth $46,398,000 after purchasing an additional 52,888 shares in the last quarter. 67.07% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently commented on LII. Northcoast Research initiated coverage on shares of Lennox International in a research note on Friday, November 22nd. They set a "sell" rating and a $475.00 price target on the stock. Morgan Stanley began coverage on Lennox International in a research report on Monday, January 6th. They set an "underweight" rating and a $595.00 target price on the stock. Wells Fargo & Company reiterated an "underweight" rating and issued a $580.00 price target (down from $630.00) on shares of Lennox International in a research report on Monday, February 3rd. UBS Group increased their price objective on Lennox International from $575.00 to $625.00 and gave the stock a "neutral" rating in a report on Friday, January 3rd. Finally, Mizuho lowered Lennox International from an "outperform" rating to a "neutral" rating and reduced their target price for the company from $675.00 to $625.00 in a report on Thursday, January 30th. Four research analysts have rated the stock with a sell rating, five have issued a hold rating and four have given a buy rating to the company. According to MarketBeat, the stock has an average rating of "Hold" and an average price target of $608.85.

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.