Lennox International Inc. (NYSE:LII) Director Sherry Buck Sells 500 Shares

Lennox International Inc. (NYSE:LII) Director Sherry Buck sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $660.74, for a total value of $330,370.00. Following the completion of the sale, the director now owns 1,693 shares of the company’s stock, valued at $1,118,632.82. This trade represents a 22.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Lennox International Stock Up 1.1 %

Shares of NYSE:LII opened at $667.13 on Friday. The company has a market capitalization of $23.76 billion, a price-to-earnings ratio of 31.87, a PEG ratio of 2.02 and a beta of 1.07. Lennox International Inc. has a 12-month low of $397.34 and a 12-month high of $682.50. The business has a 50-day moving average price of $615.68 and a 200 day moving average price of $570.05. The company has a current ratio of 1.39, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10.

Lennox International (NYSE:LII) last posted its earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share for the quarter, beating the consensus estimate of $5.95 by $0.73. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the firm earned $5.37 EPS. The firm’s revenue for the quarter was up 9.6% on a year-over-year basis. Sell-side analysts expect that Lennox International Inc. will post 21.1 EPS for the current year.

Lennox International Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 0.69%. The ex-dividend date of this dividend was Monday, September 30th. Lennox International’s payout ratio is 21.84%.

Hedge Funds Weigh In On Lennox International

Several institutional investors have recently bought and sold shares of LII. Massmutual Trust Co. FSB ADV lifted its position in shares of Lennox International by 38.8% during the second quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock worth $36,000 after purchasing an additional 19 shares in the last quarter. Huntington National Bank raised its position in Lennox International by 47.9% in the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after purchasing an additional 23 shares in the last quarter. L & S Advisors Inc increased its stake in shares of Lennox International by 0.8% during the second quarter. L & S Advisors Inc now owns 5,335 shares of the construction company’s stock worth $2,854,000 after buying an additional 40 shares during the period. Argent Trust Co raised its holdings in Lennox International by 6.6% in the second quarter. Argent Trust Co now owns 665 shares of the construction company’s stock valued at $356,000 after acquiring an additional 41 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new position in Lennox International in the third quarter worth approximately $27,000. 67.07% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on LII shares. Wells Fargo & Company boosted their price target on shares of Lennox International from $570.00 to $615.00 and gave the stock an “equal weight” rating in a report on Monday, October 7th. Mizuho increased their price objective on Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. KeyCorp downgraded shares of Lennox International from an “overweight” rating to a “sector weight” rating in a research note on Tuesday, October 15th. Barclays upped their price objective on shares of Lennox International from $575.00 to $624.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Finally, Royal Bank of Canada raised their target price on shares of Lennox International from $604.00 to $619.00 and gave the stock a “sector perform” rating in a research note on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $575.54.

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.