Lennox International Inc. (NYSE:LII) Chairman Todd M. Bluedorn sold 29,552 shares of Lennox International stock in a transaction that occurred on Tuesday, July 26th. The shares were sold at an average price of $153.53, for a total transaction of $4,537,118.56. Following the completion of the transaction, the chairman now owns 236,733 shares of the company’s stock, valued at approximately $36,345,617.49. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Lennox International Inc. (NYSE:LII) traded up 1.38% during mid-day trading on Wednesday, reaching $156.84. 657,280 shares of the company traded hands. Lennox International Inc. has a 52-week low of $105.65 and a 52-week high of $156.91. The firm’s 50-day moving average is $143.65 and its 200 day moving average is $133.49. The stock has a market capitalization of $6.82 billion and a PE ratio of 31.04.
Lennox International (NYSE:LII) last posted its earnings results on Monday, July 18th. The company reported $2.53 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $2.35 by $0.18. The business had revenue of $1.02 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same period last year, the company posted $1.84 EPS. The firm’s revenue for the quarter was up 2.7% compared to the same quarter last year. On average, equities research analysts expect that Lennox International Inc. will post $6.76 earnings per share for the current year.
LII has been the subject of a number of research reports. Morgan Stanley lifted their price objective on shares of Lennox International from $131.00 to $139.00 in a report on Thursday, April 7th. Zacks Investment Research upgraded shares of Lennox International from a “hold” rating to a “buy” rating and set a $156.00 price target for the company in a research note on Wednesday, April 20th. Seaport Global Securities upgraded shares of Lennox International from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $122.00 to $165.00 in a research note on Tuesday, April 19th. Robert W. Baird reiterated a “buy” rating on shares of Lennox International in a research note on Tuesday, April 19th. Finally, Barclays PLC lifted their price target on shares of Lennox International from $126.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Tuesday, April 19th. Ten research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $143.64.
Lennox International Inc (LII) is a global provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. The Company operates in three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.
