Lennox International Inc. (NYSE:LII) Director Shane D. Wall Sells 325 Shares of Stock

Lennox International Inc. (NYSE:LII) Director Shane D. Wall sold 325 shares of the company’s stock in a transaction on Monday, October 28th. The stock was sold at an average price of $612.97, for a total transaction of $199,215.25. Following the sale, the director now directly owns 2,035 shares of the company’s stock, valued at approximately $1,247,393.95. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Lennox International Stock Performance

Shares of LII stock opened at $610.80 on Wednesday. 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 one year low of $358.85 and a one year high of $627.46. The company’s 50-day simple moving average is $593.75 and its 200-day simple moving average is $546.62. The stock has a market capitalization of $21.76 billion, a price-to-earnings ratio of 35.39, a PEG ratio of 1.82 and a beta of 1.07.

Lennox International (NYSE:LII) last issued its quarterly earnings results 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 net margin of 12.85% and a return on equity of 198.36%. The business had revenue of $1.50 billion for the quarter, compared to analysts’ expectations of $1.42 billion. During the same quarter last year, the company posted $5.37 earnings per share. The company’s quarterly revenue was up 9.6% compared to the same quarter last year. Equities analysts anticipate that Lennox International Inc. will post 20.38 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 15th. Stockholders of record on Monday, September 30th were given a dividend of $1.15 per share. The ex-dividend date was Monday, September 30th. This represents a $4.60 annualized dividend and a dividend yield of 0.75%. Lennox International’s payout ratio is 26.65%.

Analyst Ratings Changes

A number of analysts recently weighed in on LII shares. Mizuho upped their price target on shares of Lennox International from $650.00 to $675.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Stephens reaffirmed an “overweight” rating and set a $675.00 price target on shares of Lennox International in a research report on Thursday, July 25th. Robert W. Baird upped their price objective on shares of Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. The Goldman Sachs Group upped their price objective on shares of Lennox International from $507.00 to $575.00 and gave the company a “buy” rating in a research report on Wednesday, July 10th. Finally, Royal Bank of Canada upped their price objective 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. One analyst has rated the stock with a sell rating, seven have given a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Lennox International has a consensus rating of “Hold” and an average price target of $583.92.

Institutional Investors Weigh In On Lennox International

Institutional investors and hedge funds have recently bought and sold shares of the business. Forsta AP Fonden raised its stake in Lennox International by 165.0% during the first quarter. Forsta AP Fonden now owns 21,200 shares of the construction company’s stock worth $10,362,000 after acquiring an additional 13,200 shares during the period. Swedbank AB acquired a new stake in Lennox International during the first quarter worth about $15,416,000. Sumitomo Mitsui Trust Holdings Inc. raised its stake in Lennox International by 9.0% during the first quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 73,135 shares of the construction company’s stock worth $35,745,000 after acquiring an additional 6,041 shares during the period. Central Pacific Bank Trust Division acquired a new stake in Lennox International during the first quarter worth about $728,000. Finally, Fifth Third Wealth Advisors LLC acquired a new stake in Lennox International during the second quarter worth about $491,000. Institutional investors and hedge funds 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.