Lennox International Inc. (NYSE:LII) Chairman Todd M. Bluedorn sold 12,901 shares of Lennox International stock in a transaction on Thursday, January 4th. The shares were sold at an average price of $210.95, for a total transaction of $2,721,465.95. Following the transaction, the chairman now owns 183,360 shares in the company, valued at approximately $38,679,792. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Shares of Lennox International Inc. (NYSE LII) opened at $204.95 on Thursday. The company has a market cap of $8,840.00, a price-to-earnings ratio of 28.87, a price-to-earnings-growth ratio of 1.18 and a beta of 1.22. Lennox International Inc. has a one year low of $147.54 and a one year high of $214.70. The company has a quick ratio of 0.72, a current ratio of 1.24 and a debt-to-equity ratio of 23.87.
Lennox International (NYSE:LII) last announced its quarterly earnings results on Monday, October 23rd. The construction company reported $2.53 EPS for the quarter, topping the consensus estimate of $2.44 by $0.09. The business had revenue of $1.05 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Lennox International had a net margin of 7.88% and a return on equity of 1,657.93%. The business’s quarterly revenue was up 4.0% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.33 EPS. equities analysts forecast that Lennox International Inc. will post 7.91 earnings per share for the current year.
A number of hedge funds have recently made changes to their positions in the business. Parametric Portfolio Associates LLC lifted its stake in Lennox International by 16.5% in the 3rd quarter. Parametric Portfolio Associates LLC now owns 76,976 shares of the construction company’s stock worth $13,776,000 after purchasing an additional 10,908 shares in the last quarter. Tredje AP fonden increased its holdings in shares of Lennox International by 10.1% in the 3rd quarter. Tredje AP fonden now owns 7,220 shares of the construction company’s stock worth $1,296,000 after buying an additional 660 shares during the last quarter. Impax Asset Management LTD bought a new stake in shares of Lennox International in the 3rd quarter worth about $9,034,000. Impax Asset Management AIFM Ltd bought a new stake in shares of Lennox International in the 3rd quarter worth about $4,478,000. Finally, Schroder Investment Management Group increased its holdings in shares of Lennox International by 15.6% in the 3rd quarter. Schroder Investment Management Group now owns 538,915 shares of the construction company’s stock worth $94,805,000 after buying an additional 72,804 shares during the last quarter. Institutional investors and hedge funds own 68.78% of the company’s stock.
A number of research analysts recently weighed in on LII shares. Cowen restated a “buy” rating and set a $210.00 target price on shares of Lennox International in a research note on Wednesday, November 29th. Robert W. Baird restated a “buy” rating on shares of Lennox International in a research note on Tuesday, October 24th. Stifel Nicolaus lifted their target price on shares of Lennox International from $187.00 to $192.00 and gave the company a “hold” rating in a research note on Tuesday, October 24th. Wells Fargo & Co restated a “market perform” rating and set a $210.00 target price (up previously from $193.00) on shares of Lennox International in a research note on Thursday, December 14th. They noted that the move was a valuation call. Finally, Credit Suisse Group restated a “neutral” rating and set a $180.00 target price (up previously from $171.00) on shares of Lennox International in a research note on Tuesday, October 24th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and two have assigned a buy rating to the stock. Lennox International currently has a consensus rating of “Hold” and a consensus price target of $191.83.
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Lennox International Company Profile
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.
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