Lennox International Inc. (NYSE:LII) CAO Roy A. Rumbough sold 2,259 shares of Lennox International stock in a transaction dated Friday, March 17th. The shares were sold at an average price of $172.01, for a total value of $388,570.59. Following the transaction, the chief accounting officer now owns 2,105 shares in the company, valued at approximately $362,081.05. The transaction was disclosed in a legal filing with the SEC, which is available through this link.
Lennox International Inc. (NYSE:LII) traded down 0.22% during midday trading on Monday, reaching $171.65. The company’s stock had a trading volume of 145,797 shares. The firm has a market cap of $7.38 billion, a P/E ratio of 27.15 and a beta of 1.10. Lennox International Inc. has a 52-week low of $130.34 and a 52-week high of $172.96. The firm has a 50 day moving average of $163.92 and a 200 day moving average of $156.46.
Lennox International (NYSE:LII) last issued its quarterly earnings results on Tuesday, February 7th. The company reported $1.50 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.07. The company earned $897 million during the quarter, compared to analysts’ expectations of $883.46 million. Lennox International had a return on equity of 6,021.68% and a net margin of 7.63%. The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.11 earnings per share. Analysts anticipate that Lennox International Inc. will post $7.92 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 17th. Stockholders of record on Friday, March 31st will be paid a $0.43 dividend. The ex-dividend date is Wednesday, March 29th. This represents a $1.72 annualized dividend and a dividend yield of 1.00%. Lennox International’s payout ratio is 27.17%.
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Several research firms have recently weighed in on LII. Vertical Research reiterated a “hold” rating on shares of Lennox International in a report on Wednesday, December 14th. Morgan Stanley restated a “sell” rating and issued a $156.00 target price on shares of Lennox International in a research note on Tuesday, December 20th. Finally, Stifel Nicolaus boosted their target price on Lennox International from $160.00 to $171.00 and gave the company a “hold” rating in a research note on Thursday, February 9th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $158.13.
Several large investors have recently modified their holdings of LII. American International Group Inc. boosted its stake in shares of Lennox International by 0.6% in the third quarter. American International Group Inc. now owns 75,357 shares of the company’s stock valued at $11,833,000 after buying an additional 463 shares during the last quarter. Rhumbline Advisers boosted its stake in shares of Lennox International by 4.7% in the third quarter. Rhumbline Advisers now owns 72,468 shares of the company’s stock valued at $11,380,000 after buying an additional 3,227 shares during the last quarter. Elkfork Partners LLC bought a new stake in shares of Lennox International during the fourth quarter valued at $343,000. Kernodle & Katon Asset Management Group LLC bought a new stake in shares of Lennox International during the third quarter valued at $712,000. Finally, Nationwide Fund Advisors boosted its stake in shares of Lennox International by 21.5% in the third quarter. Nationwide Fund Advisors now owns 118,951 shares of the company’s stock valued at $18,679,000 after buying an additional 21,051 shares during the last quarter. 68.82% of the stock is owned by institutional investors.
About Lennox International
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.
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