Lennox International Inc. (NYSE:LII) EVP John D. Torres sold 6,685 shares of the firm’s stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $168.01, for a total value of $1,123,146.85. Following the transaction, the executive vice president now owns 10,397 shares in the company, valued at $1,746,799.97. The sale was disclosed in a document filed with the SEC, which is available at this link.
Shares of Lennox International Inc. (NYSE:LII) opened at 171.65 on Tuesday. The company has a market capitalization of $7.38 billion, a PE ratio of 27.15 and a beta of 1.10. Lennox International Inc. has a 1-year low of $130.34 and a 1-year high of $172.96. The stock’s 50 day moving average price is $163.92 and its 200-day moving average price is $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, topping the Thomson Reuters’ consensus estimate of $1.43 by $0.07. The company had revenue of $897 million for 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 firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.11 earnings per share. On average, equities analysts predict that Lennox International Inc. will post $7.92 EPS for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, April 17th. Investors 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 yield of 1.00%. Lennox International’s payout ratio is 27.17%.
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Several equities analysts have weighed in on LII shares. Stifel Nicolaus raised their price objective on Lennox International from $160.00 to $171.00 and gave the company a “hold” rating in a research note on Thursday, February 9th. Morgan Stanley cut Lennox International from an “equal weight” rating to an “underweight” rating and dropped their price objective for the company from $169.00 to $156.00 in a research note on Monday, December 19th. Finally, Vertical Research restated a “hold” rating on shares of Lennox International in a research note on Wednesday, December 14th. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and two have given a buy rating to the stock. Lennox International has a consensus rating of “Hold” and a consensus price target of $158.13.
A number of large investors have recently modified their holdings of LII. Public Employees Retirement System of Ohio boosted its stake in shares of Lennox International by 0.5% in the second quarter. Public Employees Retirement System of Ohio now owns 17,573 shares of the company’s stock valued at $2,506,000 after buying an additional 93 shares during the last quarter. Copper Rock Capital Partners LLC boosted its stake in shares of Lennox International by 14.7% in the third quarter. Copper Rock Capital Partners LLC now owns 3,012 shares of the company’s stock valued at $470,000 after buying an additional 387 shares during the last quarter. Dorsey Wright & Associates boosted its stake in shares of Lennox International by 8.7% in the third quarter. Dorsey Wright & Associates now owns 18,142 shares of the company’s stock valued at $2,849,000 after buying an additional 1,456 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Lennox International by 2.0% in the third quarter. Oregon Public Employees Retirement Fund now owns 13,646 shares of the company’s stock valued at $2,143,000 after buying an additional 267 shares during the last quarter. Finally, Genesee Valley Trust Co. purchased a new stake in shares of Lennox International during the third quarter valued at $291,000. 68.82% of the stock is currently 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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