Chris Kosel Sells 200 Shares of Lennox International Inc. (NYSE:LII) Stock

Lennox International Inc. (NYSE:LII) CAO Chris Kosel sold 200 shares of the stock in a transaction on Wednesday, November 13th. The shares were sold at an average price of $625.49, for a total value of $125,098.00. Following the completion of the transaction, the chief accounting officer now directly owns 1,446 shares in the company, valued at $904,458.54. This trade represents a 12.15 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Lennox International Price Performance

Shares of LII opened at $610.15 on Friday. The company has a market capitalization of $21.73 billion, a price-to-earnings ratio of 28.97, a price-to-earnings-growth ratio of 1.87 and a beta of 1.07. Lennox International Inc. has a fifty-two week low of $397.34 and a fifty-two week high of $653.83. The firm has a 50-day simple moving average of $604.38 and a 200-day simple moving average of $559.55. The company has a debt-to-equity ratio of 1.10, a quick ratio of 0.87 and a current ratio of 1.39.

Lennox International (NYSE:LII) last announced 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 return on equity of 148.52% and a net margin of 14.63%. The company had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same period last year, the business posted $5.37 EPS. The company’s revenue was up 9.6% on a year-over-year basis. On average, equities research analysts anticipate that Lennox International Inc. will post 21.1 earnings per share for the current year.

Lennox International Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $1.15 per share. The ex-dividend date of this dividend was Monday, September 30th. This represents a $4.60 dividend on an annualized basis and a yield of 0.75%. Lennox International’s payout ratio is currently 21.84%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Mizuho increased their price objective on Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a report on Thursday, October 24th. Robert W. Baird increased their price target on shares of Lennox International from $648.00 to $656.00 and gave the company a “neutral” 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 report on Tuesday, October 15th. Royal Bank of Canada increased their target price on shares of Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Finally, Stephens reissued an “overweight” rating and issued a $675.00 price target on shares of Lennox International in a research report on Thursday, July 25th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $583.92.

Institutional Trading of Lennox International

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Swedbank AB purchased a new stake in shares of Lennox International during the 1st quarter worth $15,416,000. New York State Common Retirement Fund increased its stake in Lennox International by 3.8% in the 3rd quarter. New York State Common Retirement Fund now owns 55,113 shares of the construction company’s stock valued at $33,304,000 after purchasing an additional 2,013 shares in the last quarter. Fifth Third Wealth Advisors LLC acquired a new position in Lennox International during the second quarter worth $491,000. Achmea Investment Management B.V. boosted its position in Lennox International by 7.3% during the second quarter. Achmea Investment Management B.V. now owns 83,311 shares of the construction company’s stock worth $44,570,000 after purchasing an additional 5,673 shares in the last quarter. Finally, National Pension Service grew its holdings in Lennox International by 2.3% in the third quarter. National Pension Service now owns 51,263 shares of the construction company’s stock valued at $30,978,000 after purchasing an additional 1,140 shares during the last quarter. 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.