Todd J. Teske Sells 500 Shares of Lennox International Inc. (NYSE:LII) Stock

Lennox International Inc. (NYSE:LII) Director Todd J. Teske sold 500 shares of the business’s stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of $675.52, for a total value of $337,760.00. Following the transaction, the director now directly owns 7,911 shares in the company, valued at approximately $5,344,038.72. This represents a 5.94 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website.

Lennox International Trading Down 0.9 %

Shares of NYSE LII opened at $660.30 on Thursday. Lennox International Inc. has a twelve month low of $397.34 and a twelve month high of $682.50. The firm has a market cap of $23.52 billion, a PE ratio of 31.35, a price-to-earnings-growth ratio of 2.08 and a beta of 1.07. The business has a fifty day simple moving average of $613.65 and a two-hundred day simple moving average of $568.78. The company has a quick ratio of 0.87, a current ratio of 1.39 and a debt-to-equity ratio of 1.10.

Lennox International (NYSE:LII) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 earnings per share for the quarter, topping analysts’ consensus estimates of $5.95 by $0.73. Lennox International had a net margin of 14.63% and a return on equity of 148.52%. The company had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same period in the prior year, the firm earned $5.37 earnings per share. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. Analysts expect that Lennox International Inc. will post 21.1 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 15th. Investors of record on Monday, September 30th were issued a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 0.70%. The ex-dividend date of this dividend was Monday, September 30th. Lennox International’s payout ratio is 21.84%.

Hedge Funds Weigh In On Lennox International

A number of large investors have recently bought and sold shares of LII. Swedbank AB bought a new position in shares of Lennox International in the 1st quarter worth $15,416,000. New York State Common Retirement Fund raised its holdings in Lennox International by 3.8% in the third 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. Fifth Third Wealth Advisors LLC bought a new position in Lennox International in the second quarter worth about $491,000. Achmea Investment Management B.V. lifted its position in shares of Lennox International by 7.3% during the second quarter. Achmea Investment Management B.V. now owns 83,311 shares of the construction company’s stock valued at $44,570,000 after buying an additional 5,673 shares during the last quarter. Finally, National Pension Service boosted 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 valued at $30,978,000 after buying an additional 1,140 shares in the last quarter. Institutional investors own 67.07% of the company’s stock.

Analyst Upgrades and Downgrades

LII has been the topic of a number of analyst reports. Robert W. Baird boosted their price objective on shares of Lennox International from $648.00 to $656.00 and gave the company a “neutral” rating in a research report on Thursday, October 24th. KeyCorp lowered shares of Lennox International from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, October 15th. Mizuho boosted their target price on Lennox International from $650.00 to $675.00 and gave the company an “outperform” rating in a research report on Thursday, October 24th. Royal Bank of Canada upped their target price on Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a research note on Thursday, October 24th. Finally, Wells Fargo & Company boosted their price objective on Lennox International from $570.00 to $615.00 and gave the company an “equal weight” rating in a report on Monday, October 7th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $575.54.

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.