Chris Kosel Sells 509 Shares of Lennox International Inc. (NYSE:LII) Stock

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

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

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

Lennox International Trading Down 0.5 %

Lennox International stock opened at $573.59 on Friday. The business has a 50 day moving average price of $560.21 and a two-hundred day moving average price of $603.79. The company has a quick ratio of 0.90, a current ratio of 1.43 and a debt-to-equity ratio of 0.98. Lennox International Inc. has a 12 month low of $483.42 and a 12 month high of $682.50. The stock has a market cap of $20.35 billion, a price-to-earnings ratio of 25.45, a price-to-earnings-growth ratio of 2.36 and a beta of 1.18.

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

Lennox International Announces Dividend

The firm also recently announced 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. The ex-dividend date is Wednesday, April 30th. This represents a $4.60 dividend on an annualized basis and a yield of 0.80%. Lennox International’s payout ratio is currently 20.50%.

Analysts Set New Price Targets

A number of analysts have weighed in on LII shares. Wells Fargo & Company reduced their price target on Lennox International from $550.00 to $500.00 and set an “underweight” rating for the company in a research report on Thursday, April 24th. JPMorgan Chase & Co. reduced their target price on Lennox International from $565.00 to $455.00 and set an “underweight” rating for the company in a report on Tuesday, April 8th. Mizuho downgraded Lennox International from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $675.00 to $625.00 in a report on Thursday, January 30th. Barclays decreased their price objective on shares of Lennox International from $702.00 to $696.00 and set an “overweight” rating for the company in a report on Thursday, April 24th. Finally, Stephens reiterated an “overweight” rating and issued a $750.00 target price on shares of Lennox International in a report on Friday, March 7th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $577.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Harbor Capital Advisors Inc. raised its holdings in shares of Lennox International by 3.0% in the 4th quarter. Harbor Capital Advisors Inc. now owns 681 shares of the construction company’s stock worth $415,000 after buying an additional 20 shares in the last quarter. Tilia Fiduciary Partners Inc. raised its stake in Lennox International by 0.7% during the fourth quarter. Tilia Fiduciary Partners Inc. now owns 4,628 shares of the construction company’s stock worth $2,820,000 after acquiring an additional 30 shares in the last quarter. Bessemer Group Inc. lifted its holdings in shares of Lennox International by 50.8% during the fourth quarter. Bessemer Group Inc. now owns 98 shares of the construction company’s stock valued at $60,000 after acquiring an additional 33 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Lennox International in the 3rd quarter valued at $27,000. Finally, Private Trust Co. NA grew its holdings in shares of Lennox International by 62.5% in the 4th quarter. Private Trust Co. NA now owns 117 shares of the construction company’s stock worth $71,000 after purchasing an additional 45 shares during the last quarter. Institutional investors own 67.07% of the company’s stock.

Lennox International Company Profile

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.