Lennox International Inc. (NYSE:LII) CFO Joseph William Reitmeier sold 5,000 shares of the firm’s stock in a transaction dated Thursday, March 16th. The stock was sold at an average price of $168.01, for a total value of $840,050.00. Following the sale, the chief financial officer now directly owns 15,155 shares in the company, valued at approximately $2,546,191.55. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Shares of Lennox International Inc. (NYSE:LII) opened at 171.65 on Tuesday. The company has a 50-day moving average price of $163.92 and a 200-day moving average price of $156.46. The firm has a market cap of $7.38 billion, a price-to-earnings ratio of 27.15 and a beta of 1.10. Lennox International Inc. has a 12 month low of $130.34 and a 12 month high of $172.96.
Lennox International (NYSE:LII) last released its quarterly earnings results on Tuesday, February 7th. The company reported $1.50 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.07. Lennox International had a return on equity of 6,021.68% and a net margin of 7.63%. The firm had revenue of $897 million for the quarter, compared to analyst estimates of $883.46 million. During the same quarter in the previous year, the company posted $1.11 EPS. The business’s revenue was up 7.6% on a year-over-year basis. Analysts forecast that Lennox International Inc. will post $7.92 earnings per share for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Monday, April 17th. Shareholders of record on Friday, March 31st will be given a $0.43 dividend. The ex-dividend date of this dividend is Wednesday, March 29th. This represents a $1.72 dividend on an annualized basis and a dividend yield of 1.00%. Lennox International’s dividend payout ratio (DPR) is presently 27.17%.
A number of equities research analysts recently issued reports on the company. Vertical Research reissued a “hold” rating on shares of Lennox International in a research report on Wednesday, December 14th. Morgan Stanley reissued a “sell” rating and issued a $156.00 target price on shares of Lennox International in a research report on Tuesday, December 20th. Finally, Stifel Nicolaus lifted their target price on Lennox International from $160.00 to $171.00 and gave the company a “hold” rating in a research report on Thursday, February 9th. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and two have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $158.13.
Several large investors have recently added to or reduced their stakes in the stock. Cigna Investments Inc. New purchased a new position in Lennox International during the fourth quarter valued at $232,000. Genesee Valley Trust Co. purchased a new position in Lennox International during the third quarter valued at $291,000. Charter Trust Co. raised its position in Lennox International by 16.0% in the third quarter. Charter Trust Co. now owns 2,023 shares of the company’s stock valued at $318,000 after buying an additional 279 shares during the last quarter. Bank of Hawaii purchased a new position in Lennox International during the third quarter valued at $331,000. Finally, Argent Capital Management LLC raised its position in Lennox International by 10.2% in the third quarter. Argent Capital Management LLC now owns 2,207 shares of the company’s stock valued at $347,000 after buying an additional 205 shares during the last quarter. Hedge funds and other institutional investors own 68.82% of the company’s stock.
Lennox International Company Profile
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.