Lennox International Inc. (NYSE:LII - Get Free Report) EVP John D. Torres sold 581 shares of the firm's stock in a transaction that occurred on Friday, October 25th. The stock was sold at an average price of $620.98, for a total value of $360,789.38. Following the completion of the sale, the executive vice president now owns 4,668 shares of the company's stock, valued at $2,898,734.64. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link.
Lennox International Trading Up 0.6 %
Shares of LII stock traded up $3.46 on Monday, hitting $612.64. The company had a trading volume of 219,763 shares, compared to its average volume of 273,778. The stock's 50-day moving average is $592.98 and its two-hundred day moving average is $545.64. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.90 and a current ratio of 1.60. The firm has a market cap of $21.82 billion, a P/E ratio of 35.49, a P/E/G ratio of 1.82 and a beta of 1.07. Lennox International Inc. has a twelve month low of $358.85 and a twelve month high of $627.46.
Lennox International (NYSE:LII - Get Free Report) last released its earnings results on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, topping the consensus estimate of $5.95 by $0.73. The business had revenue of $1.50 billion during the quarter, compared to analysts' expectations of $1.42 billion. Lennox International had a return on equity of 198.36% and a net margin of 12.85%. The firm's revenue was up 9.6% on a year-over-year basis. During the same quarter last year, the firm posted $5.37 earnings per share. On average, equities research analysts anticipate that Lennox International Inc. will post 20.38 earnings per share for the current fiscal year.
Lennox International Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend was Monday, September 30th. Lennox International's payout ratio is 26.65%.
Hedge Funds Weigh In On Lennox International
Several large investors have recently added to or reduced their stakes in LII. Rhumbline Advisers lifted its position in shares of Lennox International by 3.1% during the second quarter. Rhumbline Advisers now owns 99,181 shares of the construction company's stock worth $53,060,000 after acquiring an additional 2,958 shares in the last quarter. Achmea Investment Management B.V. raised its holdings in Lennox International by 7.3% during the 2nd quarter. Achmea Investment Management B.V. now owns 83,311 shares of the construction company's stock valued at $44,570,000 after buying an additional 5,673 shares during the last quarter. Sumitomo Mitsui Trust Holdings Inc. boosted its holdings 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 during the period. New York State Common Retirement Fund grew its position 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 worth $33,304,000 after buying an additional 2,013 shares during the last quarter. Finally, Swedbank AB purchased a new position in Lennox International during the 1st quarter valued at $15,416,000. Institutional investors own 67.07% of the company's stock.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the company. KeyCorp cut Lennox International from an "overweight" rating to a "sector weight" rating in a report on Tuesday, October 15th. Mizuho lifted their price objective on Lennox International from $650.00 to $675.00 and gave the company an "outperform" rating in a report on Thursday. Barclays upped their target price on shares of Lennox International from $575.00 to $624.00 and gave the stock an "equal weight" rating in a research note on Thursday. Royal Bank of Canada lifted their price objective on shares of Lennox International from $604.00 to $619.00 and gave the company a "sector perform" rating in a report on Thursday. Finally, Wells Fargo & Company increased their price target on Lennox International from $570.00 to $615.00 and gave the company an "equal weight" rating in a research report on Monday, October 7th. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $583.92.
View Our Latest Report on LII
About Lennox International
(
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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.
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