Lennox International Inc. (NYSE:LII) CAO Chris Kosel sold 435 shares of the stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $203.03, for a total value of $88,318.05. Following the completion of the sale, the chief accounting officer now directly owns 810 shares in the company, valued at approximately $164,454.30. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Chris Kosel also recently made the following trade(s):
- On Monday, December 18th, Chris Kosel sold 754 shares of Lennox International stock. The stock was sold at an average price of $204.37, for a total value of $154,094.98.
- On Tuesday, October 3rd, Chris Kosel sold 122 shares of Lennox International stock. The stock was sold at an average price of $179.24, for a total value of $21,867.28.
Lennox International Inc. (NYSE LII) opened at $208.95 on Friday. Lennox International Inc. has a 1-year low of $147.54 and a 1-year high of $214.70. The firm has a market capitalization of $8,840.00, a price-to-earnings ratio of 29.43, a PEG ratio of 1.18 and a beta of 1.22. The company has a debt-to-equity ratio of 23.87, a current ratio of 1.24 and a quick ratio of 0.72.
Lennox International (NYSE:LII) last released its quarterly earnings results 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 company had revenue of $1.05 billion during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 4.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.33 earnings per share. equities research analysts anticipate that Lennox International Inc. will post 7.91 EPS for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be paid a $0.51 dividend. The ex-dividend date is Thursday, December 28th. This represents a $2.04 annualized dividend and a yield of 0.98%. Lennox International’s payout ratio is currently 28.73%.
A number of institutional investors have recently added to or reduced their stakes in the stock. Acrospire Investment Management LLC grew its position in Lennox International by 114.1% during the second quarter. Acrospire Investment Management LLC now owns 563 shares of the construction company’s stock valued at $103,000 after acquiring an additional 300 shares during the period. YorkBridge Wealth Partners LLC grew its position in Lennox International by 4.5% during the second quarter. YorkBridge Wealth Partners LLC now owns 648 shares of the construction company’s stock valued at $119,000 after acquiring an additional 28 shares during the period. Calamos Advisors LLC purchased a new stake in Lennox International during the second quarter valued at about $213,000. Achmea Investment Management B.V. purchased a new stake in shares of Lennox International in the second quarter worth about $239,000. Finally, Toronto Dominion Bank boosted its position in shares of Lennox International by 240.8% in the third quarter. Toronto Dominion Bank now owns 1,622 shares of the construction company’s stock worth $290,000 after buying an additional 1,146 shares during the period. Hedge funds and other institutional investors own 68.78% of the company’s stock.
LII has been the topic of a number of research reports. Credit Suisse Group restated a “neutral” rating and set a $180.00 price target (up previously from $171.00) on shares of Lennox International in a research note on Tuesday, October 24th. Stifel Nicolaus reiterated a “hold” rating and issued a $207.00 target price (up from $193.00) on shares of Lennox International in a research note on Monday, December 11th. Wolfe Research reiterated a “peer perform” rating on shares of Lennox International in a research note on Tuesday, October 3rd. Morgan Stanley lifted their price target on Lennox International from $161.00 to $166.00 and gave the company an “underweight” rating in a research note on Monday, September 25th. Finally, Wells Fargo & Co lifted their price target on Lennox International from $190.00 to $193.00 and gave the company a “market perform” rating in a research note on Friday, October 6th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $191.83.
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Lennox International Company Profile
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.
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