Lennox International Inc. (NYSE:LII) CAO Sells $289,137.45 in Stock

Lennox International Inc. (NYSE:LII) CAO Chris Kosel sold 509 shares of the company’s stock in a transaction that occurred on Wednesday, May 7th. The shares were sold at an average price of $568.05, for a total value of $289,137.45. Following the transaction, the chief accounting officer now directly owns 1,582 shares of the company’s stock, valued at $898,655.10. This trade represents a 24.34 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Chris Kosel also recently made the following trade(s):

• On Friday, February 21st, Chris Kosel sold 194 shares of Lennox International stock. The shares were sold at an average price of $644.20, for a total value of $124,974.80.

Lennox International Price Performance

Shares of NYSE:LII opened at $573.59 on Friday. The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.90 and a current ratio of 1.43. The company has a market capitalization of $20.35 billion, a PE ratio of 25.45, a price-to-earnings-growth ratio of 2.36 and a beta of 1.18. The stock has a fifty day moving average of $560.21 and a 200-day moving average of $603.79. Lennox International Inc. has a one year low of $483.42 and a one year high of $682.50.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Wednesday, April 23rd. The construction company reported $3.37 earnings per share for the quarter, topping analysts’ consensus estimates of $3.25 by $0.12. Lennox International had a return on equity of 126.79% and a net margin of 15.11%. The firm had revenue of $1.07 billion for the quarter, compared to analysts’ expectations of $1 billion. During the same quarter last year, the business posted $3.47 EPS. Lennox International’s revenue was up 2.4% on a year-over-year basis. As a group, equities analysts anticipate that Lennox International Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 15th. Investors of record on Wednesday, April 30th will be paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Wednesday, April 30th. Lennox International’s dividend payout ratio is 20.50%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Barclays cut their target price on Lennox International from $702.00 to $696.00 and set an “overweight” rating on the stock in a research note on Thursday, April 24th. UBS Group reduced their target price on shares of Lennox International from $625.00 to $570.00 and set a “neutral” rating for the company in a research note on Thursday, April 24th. JPMorgan Chase & Co. dropped their price target on shares of Lennox International from $565.00 to $455.00 and set an “underweight” rating on the stock in a research note on Tuesday, April 8th. Robert W. Baird reduced their price objective on Lennox International from $608.00 to $600.00 and set a “neutral” rating for the company in a research report on Thursday, April 24th. Finally, Royal Bank of Canada raised their target price on Lennox International from $580.00 to $582.00 and gave the company a “sector perform” rating in a research report on Thursday, April 24th. Four analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $577.00.

Institutional Trading of Lennox International

A number of hedge funds have recently modified their holdings of LII. Geode Capital Management LLC raised its position in Lennox International by 55.7% during the fourth quarter. Geode Capital Management LLC now owns 889,032 shares of the construction company’s stock valued at $542,374,000 after buying an additional 317,937 shares during the period. GAMMA Investing LLC increased its holdings in shares of Lennox International by 69,429.8% in the 1st quarter. GAMMA Investing LLC now owns 356,688 shares of the construction company’s stock valued at $200,041,000 after purchasing an additional 356,175 shares during the period. Captrust Financial Advisors lifted its position in shares of Lennox International by 500.0% in the fourth 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. Achmea Investment Management B.V. boosted its holdings in shares of Lennox International by 22.4% during the first quarter. Achmea Investment Management B.V. now owns 91,338 shares of the construction company’s stock worth $51,225,000 after purchasing an additional 16,711 shares during the period. Finally, BNP Paribas Financial Markets grew its position in Lennox International by 227.4% during the fourth quarter. BNP Paribas Financial Markets now owns 76,149 shares of the construction company’s stock valued at $46,398,000 after purchasing an additional 52,888 shares in the last quarter. Hedge funds and other 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.