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

Lennox International Inc. (NYSE:LII) CAO Chris Kosel sold 200 shares of Lennox International stock in a transaction dated Wednesday, November 13th. The shares were sold at an average price of $625.49, for a total value of $125,098.00. Following the sale, the chief accounting officer now owns 1,446 shares of the company’s stock, valued at approximately $904,458.54. This represents a 12.15 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lennox International Trading Down 1.3 %

Shares of Lennox International stock opened at $609.75 on Friday. Lennox International Inc. has a 52-week low of $397.34 and a 52-week high of $653.83. The firm has a market capitalization of $21.72 billion, a PE ratio of 28.95, a price-to-earnings-growth ratio of 1.90 and a beta of 1.07. The company has a debt-to-equity ratio of 1.10, a current ratio of 1.39 and a quick ratio of 0.87. The company’s fifty day moving average price is $604.38 and its two-hundred day moving average price is $558.88.

Lennox International (NYSE:LII) last released its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 EPS for the quarter, beating analysts’ consensus estimates of $5.95 by $0.73. The firm had revenue of $1.50 billion for the quarter, compared to analyst estimates of $1.42 billion. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The company’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the business earned $5.37 earnings per share. On average, analysts expect that Lennox International Inc. will post 21.1 EPS 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 $1.15 dividend. The ex-dividend date 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 21.84%.

Analyst Upgrades and Downgrades

LII has been the topic of several analyst reports. Robert W. Baird increased their price target on Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a report on Thursday, October 24th. Stephens reissued an “overweight” rating and set a $675.00 target price on shares of Lennox International in a research report on Thursday, July 25th. Barclays upped their price target on shares of Lennox International from $575.00 to $624.00 and gave the company an “equal weight” rating in a report on Thursday, October 24th. Mizuho boosted their price objective on Lennox International from $650.00 to $675.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Finally, KeyCorp lowered Lennox International from an “overweight” rating to a “sector weight” rating in a report on Tuesday, October 15th. One investment 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, the stock presently has an average rating of “Hold” and a consensus price target of $583.92.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Rhumbline Advisers boosted its position in shares of Lennox International by 3.1% in the 2nd quarter. Rhumbline Advisers now owns 99,181 shares of the construction company’s stock worth $53,060,000 after purchasing an additional 2,958 shares during the last quarter. Achmea Investment Management B.V. raised its position in shares of Lennox International by 7.3% in the 2nd quarter. Achmea Investment Management B.V. now owns 83,311 shares of the construction company’s stock valued at $44,570,000 after acquiring an additional 5,673 shares during the period. New York State Common Retirement Fund grew its holdings in Lennox International by 3.8% during the third 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 during the period. National Pension Service increased its stake 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 in the last quarter. Finally, Swedbank AB acquired a new stake in Lennox International in the first quarter worth $15,416,000. 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.