Chris Kosel Sells 194 Shares of Lennox International Inc. (NYSE:LII) Stock

Lennox International Inc. (NYSE:LII) CAO Chris Kosel sold 194 shares of the stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $644.20, for a total value of $124,974.80. Following the completion of the sale, the chief accounting officer now owns 1,282 shares of the company’s stock, valued at approximately $825,864.40. This trade represents a 13.14 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Lennox International Stock Up 1.5 %

LII stock opened at $618.92 on Wednesday. Lennox International Inc. has a twelve month low of $445.63 and a twelve month high of $682.50. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.98. The firm has a market cap of $22.02 billion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 2.36 and a beta of 1.10. The business has a 50 day moving average of $621.83 and a 200 day moving average of $614.07.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, January 29th. The construction company reported $5.60 earnings per share for the quarter, beating analysts’ consensus estimates of $4.12 by $1.48. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. On average, research analysts forecast that Lennox International Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a yield of 0.74%. The ex-dividend date of this dividend was Tuesday, December 31st. Lennox International’s dividend payout ratio (DPR) is presently 20.41%.

Analyst Ratings Changes

LII has been the subject of several research analyst reports. JPMorgan Chase & Co. increased their price objective on Lennox International from $536.00 to $565.00 and gave the stock an “underweight” rating in a report on Thursday, January 30th. Northcoast Research initiated coverage on Lennox International in a report on Friday, November 22nd. They issued a “sell” rating and a $475.00 price objective for the company. Wells Fargo & Company reiterated an “underweight” rating and issued a $580.00 price objective (down previously from $630.00) on shares of Lennox International in a report on Monday, February 3rd. Barclays lowered their target price on Lennox International from $674.00 to $665.00 and set an “equal weight” rating for the company in a research note on Thursday, January 30th. Finally, Royal Bank of Canada raised their target price on Lennox International from $617.00 to $642.00 and gave the company a “sector perform” rating in a research note on Thursday, January 30th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $606.00.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in LII. Geode Capital Management LLC increased its holdings in shares of Lennox International by 55.7% in the 4th quarter. Geode Capital Management LLC now owns 889,032 shares of the construction company’s stock worth $542,374,000 after purchasing an additional 317,937 shares in the last quarter. Captrust Financial Advisors increased its holdings in shares of Lennox International by 500.0% in the 4th quarter. Captrust Financial Advisors now owns 94,086 shares of the construction company’s stock worth $57,326,000 after purchasing an additional 78,406 shares in the last quarter. BNP Paribas Financial Markets increased its holdings in shares of Lennox International by 227.4% in the 4th quarter. BNP Paribas Financial Markets now owns 76,149 shares of the construction company’s stock worth $46,398,000 after purchasing an additional 52,888 shares in the last quarter. New York State Common Retirement Fund increased its holdings in shares of Lennox International by 3.8% in the 3rd quarter. New York State Common Retirement Fund now owns 55,113 shares of the construction company’s stock worth $33,304,000 after purchasing an additional 2,013 shares in the last quarter. Finally, National Pension Service increased its holdings in shares of Lennox International by 2.3% in the 3rd quarter. National Pension Service now owns 51,263 shares of the construction company’s stock worth $30,978,000 after purchasing an additional 1,140 shares in the last quarter. Institutional investors own 67.07% of the company’s stock.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.