Insider Selling: Lennox International Inc. (LII) CAO Sells 2,259 Shares of Stock

Lennox International Inc. (NYSE:LII) CAO Roy A. Rumbough sold 2,259 shares of the company’s stock in a transaction that occurred on Friday, March 17th. The stock was sold at an average price of $172.01, for a total transaction of $388,570.59. Following the completion of the transaction, the chief accounting officer now owns 2,105 shares of the company’s stock, valued at $362,081.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Lennox International Inc. (NYSE:LII) opened at 164.61 on Monday. The company has a market cap of $7.08 billion, a price-to-earnings ratio of 26.04 and a beta of 1.10. Lennox International Inc. has a 12 month low of $131.90 and a 12 month high of $172.96. The company’s 50 day moving average is $165.85 and its 200-day moving average is $156.78.

Lennox International (NYSE:LII) last announced its earnings results on Tuesday, February 7th. The company reported $1.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.07. Lennox International had a net margin of 7.63% and a return on equity of 6,021.68%. The company had revenue of $897 million for the quarter, compared to analysts’ expectations of $883.46 million. During the same quarter in the previous year, the company posted $1.11 EPS. The firm’s quarterly revenue was up 7.6% on a year-over-year basis. On average, analysts expect that Lennox International Inc. will post $7.93 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Lennox International (NYSE:LII)

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 17th. Shareholders of record on Friday, March 31st will be paid a dividend of $0.43 per share. The ex-dividend date is Wednesday, March 29th. This represents a $1.72 annualized dividend and a yield of 1.04%. Lennox International’s dividend payout ratio (DPR) is presently 27.17%.

COPYRIGHT VIOLATION WARNING: This story was reported by BBNS and is the sole property of of BBNS. If you are accessing this story on another site, it was stolen and reposted in violation of US & international copyright legislation. The original version of this story can be read at https://baseballnewssource.com/markets/lennox-international-inc-lii-cao-sells-388570-59-in-stock-updated/518002.html.

A number of large investors have recently made changes to their positions in the company. Cigna Investments Inc. New acquired a new stake in shares of Lennox International during the fourth quarter valued at about $232,000. Genesee Valley Trust Co. acquired a new stake in shares of Lennox International during the third quarter valued at about $291,000. Charter Trust Co. boosted its stake in shares of Lennox International by 16.0% in the third quarter. Charter Trust Co. now owns 2,023 shares of the company’s stock valued at $318,000 after buying an additional 279 shares during the period. Bank of Hawaii acquired a new stake in shares of Lennox International during the third quarter valued at about $331,000. Finally, Elkfork Partners LLC acquired a new stake in shares of Lennox International during the fourth quarter valued at about $343,000. 68.82% of the stock is currently owned by institutional investors.

A number of research firms have weighed in on LII. Stifel Nicolaus upped their price target on shares of Lennox International from $171.00 to $180.00 and gave the stock a “hold” rating in a research report on Wednesday, March 22nd. Vertical Research reiterated a “hold” rating on shares of Lennox International in a research report on Wednesday, December 14th. Finally, Morgan Stanley reiterated a “sell” rating and issued a $156.00 price target on shares of Lennox International in a research report on Tuesday, December 20th. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and two have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $162.57.

About Lennox International

Lennox International Inc is a 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. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.

5 Day Chart for NYSE:LII

Receive News & Ratings for Lennox International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Eric Thames Pulled From Game With Tightness in Hamstring
Eric Thames Pulled From Game With Tightness in Hamstring
Julio Urias Returning to Dodgers Thursday
Julio Urias Returning to Dodgers Thursday
Tony Gwynn Jr. Like Father Like Son in Baseball and Brewing
Tony Gwynn Jr. Like Father Like Son in Baseball and Brewing
Sources Say Luis Robert Will Be Cleared by May 20 to Sign
Sources Say Luis Robert Will Be Cleared by May 20 to Sign
Colorado Rockies Bullpen Helping Them to NL West Lead
Colorado Rockies Bullpen Helping Them to NL West Lead
Hall of Famer Given New Lease on Life
Hall of Famer Given New Lease on Life


Leave a Reply

 
© 2006-2017 BBNS.