Lennox International Inc. (NYSE:LII) VP Chris Kosel sold 754 shares of the business’s stock in a transaction that occurred on Monday, December 18th. The stock was sold at an average price of $204.37, for a total value of $154,094.98. Following the sale, the vice president now owns 810 shares of the company’s stock, valued at $165,539.70. The transaction was disclosed in a legal filing with the SEC, which is available at this link.
Chris Kosel also recently made the following trade(s):
- On Friday, December 15th, Chris Kosel sold 435 shares of Lennox International stock. The shares were sold at an average price of $203.03, for a total value of $88,318.05.
- On Tuesday, October 3rd, Chris Kosel sold 122 shares of Lennox International stock. The shares were sold at an average price of $179.24, for a total value of $21,867.28.
Shares of Lennox International Inc. (NYSE:LII) traded up $1.73 during mid-day trading on Friday, hitting $210.68. The company’s stock had a trading volume of 270,431 shares, compared to its average volume of 226,422. The stock has a market capitalization of $8,728.64, a price-to-earnings ratio of 29.84, a price-to-earnings-growth ratio of 1.16 and a beta of 1.22. Lennox International Inc. has a 12 month low of $147.68 and a 12 month high of $214.70. The company has a debt-to-equity ratio of 23.87, a quick ratio of 0.72 and a current ratio of 1.24.
Lennox International (NYSE:LII) last issued its quarterly earnings data on Monday, October 23rd. The construction company reported $2.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.44 by $0.09. Lennox International had a return on equity of 1,657.93% and a net margin of 7.88%. The company had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter last year, the company posted $2.33 earnings per share. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. research analysts forecast that Lennox International Inc. will post 7.91 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th will be paid a dividend of $0.51 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $2.04 annualized dividend and a dividend yield of 0.97%. Lennox International’s dividend payout ratio (DPR) is 28.90%.
A number of research firms recently commented on LII. Morgan Stanley upped their price objective on Lennox International from $166.00 to $169.00 and gave the company an “underweight” rating in a report on Tuesday, October 24th. Cleveland Research assumed coverage on Lennox International in a research note on Tuesday, October 3rd. They set a “neutral” rating on the stock. Stifel Nicolaus restated a “hold” rating and set a $187.00 price target on shares of Lennox International in a research note on Thursday, October 12th. Cowen reaffirmed a “buy” rating and set a $190.00 price objective on shares of Lennox International in a research report on Monday, October 23rd. Finally, Robert W. Baird reaffirmed a “buy” rating on shares of Lennox International in a research report on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. Lennox International has an average rating of “Hold” and an average target price of $191.83.
Several institutional investors and hedge funds have recently made changes to their positions in the company. State Street Corp boosted its stake in shares of Lennox International by 10.2% during the second quarter. State Street Corp now owns 1,383,849 shares of the construction company’s stock worth $254,122,000 after buying an additional 128,170 shares during the period. Bank of New York Mellon Corp lifted its position in Lennox International by 0.5% in the third quarter. Bank of New York Mellon Corp now owns 697,173 shares of the construction company’s stock valued at $124,773,000 after purchasing an additional 3,546 shares during the period. Schroder Investment Management Group lifted its position in Lennox International by 15.6% in the third quarter. Schroder Investment Management Group now owns 538,915 shares of the construction company’s stock valued at $94,805,000 after purchasing an additional 72,804 shares during the period. Ameriprise Financial Inc. lifted its position in Lennox International by 160.0% in the third quarter. Ameriprise Financial Inc. now owns 290,008 shares of the construction company’s stock valued at $51,905,000 after purchasing an additional 178,481 shares during the period. Finally, TIAA CREF Investment Management LLC lifted its position in Lennox International by 2.1% in the second quarter. TIAA CREF Investment Management LLC now owns 151,399 shares of the construction company’s stock valued at $27,803,000 after purchasing an additional 3,087 shares during the period. Institutional investors and hedge funds own 68.78% of the company’s stock.
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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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