Insider Selling: Lennox International Inc. (NYSE:LII) Director Sells 325 Shares of Stock

Lennox International Inc. (NYSE:LII) Director Shane D. Wall sold 325 shares of the stock in a transaction on Monday, October 28th. The shares were sold at an average price of $612.97, for a total value of $199,215.25. Following the sale, the director now directly owns 2,035 shares in the company, valued at $1,247,393.95. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Lennox International Stock Performance

Shares of NYSE LII traded down $1.84 during trading on Tuesday, hitting $610.80. The company had a trading volume of 215,520 shares, compared to its average volume of 273,500. The stock has a 50 day simple moving average of $592.98 and a 200 day simple moving average of $545.64. The company has a debt-to-equity ratio of 1.95, a quick ratio of 0.90 and a current ratio of 1.60. Lennox International Inc. has a 12 month low of $358.85 and a 12 month high of $627.46. The firm has a market capitalization of $21.76 billion, a P/E ratio of 35.49, a price-to-earnings-growth ratio of 1.82 and a beta of 1.07.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, topping the consensus estimate of $5.95 by $0.73. Lennox International had a return on equity of 198.36% and a net margin of 12.85%. The firm had revenue of $1.50 billion for the quarter, compared to the consensus estimate of $1.42 billion. During the same quarter last year, the company earned $5.37 earnings per share. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. As a group, analysts anticipate that Lennox International Inc. will post 20.38 earnings per share for the current year.

Lennox International Dividend Announcement

The firm 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 0.75%. The ex-dividend date was Monday, September 30th. Lennox International’s dividend payout ratio (DPR) is presently 26.65%.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on LII shares. Royal Bank of Canada increased their price objective on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a research report on Thursday, October 24th. Mizuho increased their price objective on Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. The Goldman Sachs Group increased their price objective on Lennox International from $507.00 to $575.00 and gave the company a “buy” rating in a research report on Wednesday, July 10th. KeyCorp cut Lennox International from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, October 15th. Finally, Barclays raised their target price on Lennox International from $575.00 to $624.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 24th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $583.92.

Institutional Trading of Lennox International

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Massmutual Trust Co. FSB ADV raised its stake in Lennox International by 38.8% during the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock valued at $36,000 after purchasing an additional 19 shares during the period. L & S Advisors Inc raised its stake in Lennox International by 0.8% during the 2nd quarter. L & S Advisors Inc now owns 5,335 shares of the construction company’s stock valued at $2,854,000 after purchasing an additional 40 shares during the period. Argent Trust Co raised its stake in Lennox International by 6.6% during the 2nd quarter. Argent Trust Co now owns 665 shares of the construction company’s stock valued at $356,000 after purchasing an additional 41 shares during the period. Innealta Capital LLC bought a new stake in Lennox International during the 2nd quarter valued at approximately $33,000. Finally, Toronto Dominion Bank raised its stake in Lennox International by 2.2% during the 2nd quarter. Toronto Dominion Bank now owns 3,119 shares of the construction company’s stock valued at $1,669,000 after purchasing an additional 66 shares during the period. Institutional investors own 67.07% of the company’s stock.

About Lennox International

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.