Insider Selling: Lennox International Inc. (NYSE:LII) Director Sells 500 Shares of Stock

Lennox International Inc. (NYSE:LII - Get Free Report) Director Sherry Buck sold 500 shares of the firm's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $660.74, for a total transaction of $330,370.00. Following the completion of the transaction, the director now 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 transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Lennox International Price Performance

LII traded up $7.09 during trading on Friday, reaching $667.13. The stock had a trading volume of 110,363 shares, compared to its average volume of 271,593. The stock has a 50 day moving average of $616.77 and a two-hundred day moving average of $571.31. The company has a quick ratio of 0.87, a current ratio of 1.39 and a debt-to-equity ratio of 1.10. The firm has a market capitalization of $23.77 billion, a price-to-earnings ratio of 31.68, a price-to-earnings-growth ratio of 2.02 and a beta of 1.07. Lennox International Inc. has a 1-year low of $397.34 and a 1-year high of $682.50.

Lennox International (NYSE:LII - Get Free Report) last announced its quarterly earnings data 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 business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.42 billion. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The company's revenue was up 9.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $5.37 earnings per share. As a group, equities analysts anticipate that Lennox International Inc. will post 21.1 EPS for the current fiscal year.

Lennox International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders 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 dividend yield of 0.69%. Lennox International's dividend payout ratio is currently 21.84%.

Institutional Trading of Lennox International

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Massmutual Trust Co. FSB ADV boosted its position in shares of Lennox International by 38.8% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company's stock valued at $36,000 after purchasing an additional 19 shares during the period. Huntington National Bank lifted its stake in Lennox International by 47.9% during the third quarter. Huntington National Bank now owns 71 shares of the construction company's stock valued at $43,000 after buying an additional 23 shares in the last quarter. L & S Advisors Inc boosted its holdings in shares of Lennox International by 0.8% in the second quarter. L & S Advisors Inc now owns 5,335 shares of the construction company's stock worth $2,854,000 after buying an additional 40 shares during the period. Argent Trust Co increased its position in shares of Lennox International by 6.6% in the second quarter. Argent Trust Co now owns 665 shares of the construction company's stock worth $356,000 after acquiring an additional 41 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Lennox International during the third quarter valued at approximately $27,000. 67.07% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. KeyCorp cut Lennox International from an "overweight" rating to a "sector weight" rating in a research report on Tuesday, October 15th. Barclays raised their target price on Lennox International from $575.00 to $624.00 and gave the company an "equal weight" rating in a research note on Thursday, October 24th. Robert W. Baird boosted their price target 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. Wells Fargo & Company lifted their price objective on shares of Lennox International from $570.00 to $615.00 and gave the company an "equal weight" rating in a research report on Monday, October 7th. Finally, 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 note on Thursday, October 24th. Two equities 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 MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $575.54.

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.