Lennox International, Inc. (NYSE:LII) CFO Joseph William Reitmeier sold 922 shares of the company’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $193.03, for a total value of $177,973.66. Following the completion of the sale, the chief financial officer now owns 14,233 shares in the company, valued at $2,747,395.99. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Lennox International, Inc. (LII) traded down 0.01% during trading on Tuesday, reaching $191.13. The company’s stock had a trading volume of 290,970 shares. Lennox International, Inc. has a 52-week low of $140.97 and a 52-week high of $201.40. The stock has a market cap of $8.06 billion, a price-to-earnings ratio of 27.53 and a beta of 1.15. The stock’s 50 day moving average price is $178.99 and its 200-day moving average price is $175.46.
Lennox International (NYSE:LII) last issued its quarterly earnings data on Monday, October 23rd. The construction company reported $2.53 earnings per share for the quarter, topping the Zacks’ consensus estimate of $2.44 by $0.09. The firm had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. Lennox International had a return on equity of 1,657.93% and a net margin of 7.88%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same period last year, the company earned $2.33 EPS. Equities analysts anticipate that Lennox International, Inc. will post $7.91 EPS for the current year.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 16th. Stockholders of record on Friday, September 29th were given a $0.51 dividend. The ex-dividend date was Thursday, September 28th. This represents a $2.04 dividend on an annualized basis and a dividend yield of 1.07%. Lennox International’s dividend payout ratio is currently 28.90%.
LII has been the topic of several analyst reports. Wells Fargo & Company upped their target price on Lennox International from $190.00 to $193.00 and gave the company a “market perform” rating in a report on Friday, October 6th. Stifel Nicolaus reiterated a “hold” rating and issued a $171.00 target price on shares of Lennox International in a report on Thursday, September 7th. BidaskClub cut Lennox International from a “sell” rating to a “strong sell” rating in a report on Monday, August 14th. Credit Suisse Group reiterated a “neutral” rating and issued a $180.00 target price (up from $171.00) on shares of Lennox International in a report on Tuesday, October 24th. Finally, Wolfe Research reiterated a “peer perform” rating on shares of Lennox International in a report on Tuesday, October 3rd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $183.17.
Several hedge funds have recently modified their holdings of the company. YorkBridge Wealth Partners LLC grew its position in shares of Lennox International by 4.5% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 648 shares of the construction company’s stock worth $119,000 after buying an additional 28 shares during the last quarter. World Asset Management Inc grew its position in shares of Lennox International by 2.2% in the 2nd quarter. World Asset Management Inc now owns 2,784 shares of the construction company’s stock worth $511,000 after buying an additional 61 shares during the last quarter. Huntington National Bank grew its position in shares of Lennox International by 16.7% in the 2nd quarter. Huntington National Bank now owns 566 shares of the construction company’s stock worth $104,000 after buying an additional 81 shares during the last quarter. Arizona State Retirement System grew its position in shares of Lennox International by 0.6% in the 2nd quarter. Arizona State Retirement System now owns 16,200 shares of the construction company’s stock worth $2,975,000 after buying an additional 100 shares during the last quarter. Finally, Dorsey Wright & Associates grew its position in shares of Lennox International by 0.5% in the 2nd quarter. Dorsey Wright & Associates now owns 21,830 shares of the construction company’s stock worth $4,009,000 after buying an additional 116 shares during the last quarter. Hedge funds and other institutional investors own 68.43% of the company’s stock.
About Lennox International
Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.
What are top analysts saying about Lennox International Inc.? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for Lennox International Inc. and related companies.