Lennox International Inc. (NYSE:LII) Director Todd J. Teske Sells 2,000 Shares

Lennox International Inc. (NYSE:LII) Director Todd J. Teske sold 2,000 shares of the stock in a transaction that occurred on Monday, August 19th. The shares were sold at an average price of $574.05, for a total transaction of $1,148,100.00. Following the completion of the transaction, the director now directly owns 8,411 shares of the company’s stock, valued at approximately $4,828,334.55. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Lennox International Trading Down 0.5 %

NYSE LII traded down $3.13 during trading hours on Tuesday, hitting $575.01. 55,541 shares of the company’s stock were exchanged, compared to its average volume of 284,680. The firm has a market cap of $20.48 billion, a price-to-earnings ratio of 33.36, a PEG ratio of 1.81 and a beta of 1.07. The stock has a 50-day simple moving average of $551.62 and a 200 day simple moving average of $501.18. The company has a current ratio of 1.60, a quick ratio of 0.90 and a debt-to-equity ratio of 1.95. Lennox International Inc. has a 1-year low of $334.53 and a 1-year high of $594.65.

Lennox International (NYSE:LII) last announced its quarterly earnings data on Wednesday, July 24th. The construction company reported $6.83 EPS for the quarter, topping the consensus estimate of $6.55 by $0.28. Lennox International had a net margin of 12.85% and a return on equity of 198.36%. The company had revenue of $1.45 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter last year, the firm posted $6.15 EPS. The company’s quarterly revenue was up 2.8% on a year-over-year basis. On average, equities analysts forecast that Lennox International Inc. will post 20.27 EPS for the current fiscal year.

Hedge Funds Weigh In On Lennox International

Several institutional investors have recently made changes to their positions in the stock. Innealta Capital LLC acquired a new stake in Lennox International in the 2nd quarter valued at $33,000. Massmutual Trust Co. FSB ADV lifted its stake in shares of Lennox International by 38.8% in the second quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock valued at $36,000 after buying an additional 19 shares in the last quarter. Rise Advisors LLC acquired a new position in shares of Lennox International during the first quarter valued at about $41,000. Whittier Trust Co. of Nevada Inc. bought a new stake in shares of Lennox International during the second quarter worth about $65,000. Finally, Bessemer Group Inc. raised its holdings in shares of Lennox International by 403.3% in the 1st quarter. Bessemer Group Inc. now owns 151 shares of the construction company’s stock worth $73,000 after acquiring an additional 121 shares during the last quarter. Institutional investors and hedge funds own 67.07% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. Royal Bank of Canada increased their price target on Lennox International from $566.00 to $572.00 and gave the company a “sector perform” rating in a research note on Thursday, July 25th. Barclays lifted their price target on Lennox International from $517.00 to $550.00 and gave the company an “equal weight” rating in a research note on Friday, July 26th. The Goldman Sachs Group raised their price objective on shares of Lennox International from $507.00 to $575.00 and gave the company a “buy” rating in a report on Wednesday, July 10th. Robert W. Baird boosted their target price on shares of Lennox International from $505.00 to $610.00 and gave the stock a “neutral” rating in a report on Monday, July 15th. Finally, Wells Fargo & Company downgraded shares of Lennox International from an “overweight” rating to an “equal weight” rating and raised their price target for the company from $550.00 to $570.00 in a research note on Wednesday, July 10th. One analyst has rated the stock with a sell rating, seven have issued a hold rating and six have assigned a buy rating to the stock. According to MarketBeat, Lennox International has a consensus rating of “Hold” and a consensus target price of $543.62.

Lennox International Company Profile

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.