Lennox International Inc. (NYSE:LII) Chairman Todd M. Bluedorn sold 12,901 shares of the firm’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $210.95, for a total value of $2,721,465.95. Following the completion of the sale, the chairman now directly owns 183,360 shares in the company, valued at approximately $38,679,792. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.
Lennox International Inc. (LII) opened at $211.11 on Thursday. The company has a market capitalization of $8,771.67, a P/E ratio of 29.90, a PEG ratio of 1.16 and a beta of 1.22. The company has a debt-to-equity ratio of 23.87, a current ratio of 1.24 and a quick ratio of 0.72. Lennox International Inc. has a one year low of $150.20 and a one year high of $214.70.
Lennox International (NYSE:LII) last released its earnings results on Monday, October 23rd. The construction company reported $2.53 EPS for the quarter, beating the Zacks’ consensus estimate of $2.44 by $0.09. The company had revenue of $1.05 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Lennox International had a return on equity of 1,657.93% and a net margin of 7.88%. The firm’s revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter last year, the business posted $2.33 EPS. analysts expect that Lennox International Inc. will post 7.91 earnings per share for the current year.
Several analysts have weighed in on the company. Stifel Nicolaus reaffirmed a “hold” rating and issued a $207.00 price target (up previously from $193.00) on shares of Lennox International in a report on Monday, December 11th. Wells Fargo & Co reiterated a “market perform” rating and set a $210.00 price objective (up from $193.00) on shares of Lennox International in a research report on Thursday, December 14th. They noted that the move was a valuation call. Cowen reiterated a “buy” rating and set a $210.00 price objective on shares of Lennox International in a research report on Wednesday, November 29th. Robert W. Baird restated a “buy” rating on shares of Lennox International in a research report on Tuesday, October 24th. Finally, Morgan Stanley raised their price target on Lennox International from $166.00 to $169.00 and gave the stock an “underweight” rating in a research report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $191.83.
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Acrospire Investment Management LLC raised its stake in Lennox International by 114.1% during the second quarter. Acrospire Investment Management LLC now owns 563 shares of the construction company’s stock valued at $103,000 after buying an additional 300 shares during the last quarter. YorkBridge Wealth Partners LLC raised its stake in Lennox International by 4.5% during the second quarter. YorkBridge Wealth Partners LLC now owns 648 shares of the construction company’s stock valued at $119,000 after buying an additional 28 shares during the last quarter. Calamos Advisors LLC purchased a new position in Lennox International during the second quarter valued at $213,000. Achmea Investment Management B.V. purchased a new position in Lennox International during the second quarter valued at $239,000. Finally, Toronto Dominion Bank raised its stake in Lennox International by 240.8% during the third quarter. Toronto Dominion Bank now owns 1,622 shares of the construction company’s stock valued at $290,000 after buying an additional 1,146 shares during the last quarter. Institutional investors own 68.84% of the company’s stock.
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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.
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