Lennox International Inc. (NYSE:LII) Director Todd J. Teske Sells 500 Shares of Stock

Lennox International Inc. (NYSE:LII) Director Todd J. Teske sold 500 shares of the stock in a transaction on Monday, November 25th. The shares were sold at an average price of $675.52, for a total value of $337,760.00. Following the sale, the director now directly owns 7,911 shares in the company, valued at $5,344,038.72. This trade represents a 5.94 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.

Lennox International Stock Down 1.8 %

Shares of Lennox International stock opened at $666.26 on Wednesday. The company has a market cap of $23.73 billion, a P/E ratio of 31.64, a PEG ratio of 2.08 and a beta of 1.07. Lennox International Inc. has a one year low of $397.34 and a one year high of $682.50. The firm has a fifty day moving average of $612.51 and a two-hundred day moving average of $567.57. 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 released its quarterly earnings results on Wednesday, October 23rd. The construction company reported $6.68 earnings per share for the quarter, topping analysts’ consensus estimates of $5.95 by $0.73. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.42 billion. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The company’s revenue was up 9.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $5.37 EPS. On average, analysts forecast that Lennox International Inc. will post 21.1 earnings per share for the current year.

Lennox International Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Wilmington Savings Fund Society FSB acquired a new position in Lennox International during the third quarter valued at approximately $27,000. Innealta Capital LLC acquired a new stake in Lennox International during the 2nd quarter valued at approximately $33,000. Massmutual Trust Co. FSB ADV raised its holdings in Lennox International by 38.8% in the second quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock valued at $36,000 after acquiring an additional 19 shares in the last quarter. First Horizon Advisors Inc. bought a new position in Lennox International during the 3rd quarter valued at $39,000. Finally, Huntington National Bank grew its holdings in Lennox International by 47.9% during the 3rd quarter. Huntington National Bank now owns 71 shares of the construction company’s stock worth $43,000 after acquiring an additional 23 shares in the last quarter. Institutional investors and hedge funds own 67.07% of the company’s stock.

Wall Street Analyst Weigh In

LII has been the topic of a number of recent analyst reports. Mizuho upped their price target on shares of Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a research note on Thursday, October 24th. Northcoast Research initiated coverage on Lennox International in a research report on Friday, November 22nd. They set a “sell” rating and a $475.00 price target for the company. Royal Bank of Canada increased 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. Robert W. Baird boosted their price target on shares of Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. Finally, Barclays boosted their target price on shares of Lennox International from $575.00 to $624.00 and gave the stock an “equal weight” rating in a research note on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, Lennox International currently has a consensus rating of “Hold” and an average target price of $575.54.

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.