Lennox International Inc. (NYSE:LII) CAO Sells $124,974.80 in Stock

Lennox International Inc. (NYSE:LII) CAO Chris Kosel sold 194 shares of the stock in a transaction dated Friday, February 21st. The shares were sold at an average price of $644.20, for a total value of $124,974.80. Following the completion of the transaction, the chief accounting officer now directly owns 1,282 shares in the company, valued at approximately $825,864.40. This represents a 13.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Lennox International Stock Up 0.7 %

Shares of LII opened at $623.32 on Thursday. The business’s 50 day moving average is $621.53 and its 200 day moving average is $614.14. The company has a market capitalization of $22.18 billion, a PE ratio of 27.65, a price-to-earnings-growth ratio of 2.36 and a beta of 1.10. Lennox International Inc. has a 12-month low of $445.63 and a 12-month high of $682.50. The company has a current ratio of 1.43, a quick ratio of 0.90 and a debt-to-equity ratio of 0.98.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, January 29th. The construction company reported $5.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. Research analysts expect that Lennox International Inc. will post 22.94 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Tuesday, December 31st were issued a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 0.74%. The ex-dividend date was Tuesday, December 31st. Lennox International’s dividend payout ratio is presently 20.41%.

Analyst Ratings Changes

LII has been the topic of a number of recent research reports. Morgan Stanley initiated coverage on Lennox International in a report on Monday, January 6th. They issued an “underweight” rating and a $595.00 target price on the stock. Mizuho downgraded Lennox International from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $675.00 to $625.00 in a research note on Thursday, January 30th. Northcoast Research assumed coverage on Lennox International in a research note on Friday, November 22nd. They issued a “sell” rating and a $475.00 price objective on the stock. UBS Group raised their price objective on Lennox International from $575.00 to $625.00 and gave the stock a “neutral” rating in a research note on Friday, January 3rd. Finally, Royal Bank of Canada raised their price objective on Lennox International from $617.00 to $642.00 and gave the stock a “sector perform” rating in a research note on Thursday, January 30th. Four analysts have rated the stock with a sell rating, five have given a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Lennox International has a consensus rating of “Hold” and a consensus price target of $608.85.

Hedge Funds Weigh In On Lennox International

Several institutional investors have recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. grew its holdings in Lennox International by 3.0% during the 4th quarter. Harbor Capital Advisors Inc. now owns 681 shares of the construction company’s stock valued at $415,000 after buying an additional 20 shares in the last quarter. Huntington National Bank boosted its holdings in shares of Lennox International by 47.9% in the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock worth $43,000 after purchasing an additional 23 shares during the period. Tilia Fiduciary Partners Inc. boosted its holdings in shares of Lennox International by 0.7% in the 4th quarter. Tilia Fiduciary Partners Inc. now owns 4,628 shares of the construction company’s stock worth $2,820,000 after purchasing an additional 30 shares during the period. Bessemer Group Inc. boosted its holdings in shares of Lennox International by 50.8% in the 4th quarter. Bessemer Group Inc. now owns 98 shares of the construction company’s stock worth $60,000 after purchasing an additional 33 shares during the period. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of Lennox International in the 3rd quarter worth approximately $27,000. Hedge funds and other institutional investors own 67.07% of the company’s stock.

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.