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 company’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 sale, the director now owns 7,911 shares in the company, valued at $5,344,038.72. The trade was a 5.94 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Lennox International Stock Down 1.7 %

Shares of LII traded down $11.46 during mid-day trading on Tuesday, reaching $666.97. The company’s stock had a trading volume of 176,080 shares, compared to its average volume of 271,273. The business has a fifty day moving average of $612.51 and a 200 day moving average of $567.57. The company has a market cap of $23.76 billion, a price-to-earnings ratio of 32.24, a price-to-earnings-growth ratio of 2.02 and a beta of 1.07. Lennox International Inc. has a 1 year low of $397.34 and a 1 year high of $682.50. 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 announced its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $5.95 by $0.73. Lennox International had a return on equity of 148.52% and a net margin of 14.63%. The business had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.42 billion. During the same period last year, the company earned $5.37 earnings per share. Lennox International’s quarterly revenue was up 9.6% compared to the same quarter last year. As a group, analysts forecast that Lennox International Inc. will post 21.1 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 15th. Shareholders of record on Monday, September 30th were given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 0.69%. The ex-dividend date was Monday, September 30th. Lennox International’s payout ratio is 21.84%.

Hedge Funds Weigh In On Lennox International

Hedge funds have recently bought and sold shares of the business. Bessemer Group Inc. grew its position in Lennox International by 403.3% during the first quarter. Bessemer Group Inc. now owns 151 shares of the construction company’s stock worth $73,000 after buying an additional 121 shares in the last quarter. Plato Investment Management Ltd bought a new position in Lennox International in the 1st quarter worth approximately $1,023,000. LRI Investments LLC bought a new position in Lennox International in the 1st quarter worth approximately $269,000. Swedbank AB bought a new position in Lennox International in the 1st quarter worth approximately $15,416,000. Finally, GAMMA Investing LLC grew its holdings in Lennox International by 38.6% during the 2nd quarter. GAMMA Investing LLC now owns 255 shares of the construction company’s stock worth $136,000 after acquiring an additional 71 shares during the period. 67.07% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

LII has been the topic of a number of research reports. Mizuho increased their price target on Lennox International from $650.00 to $675.00 and gave the stock an “outperform” rating in a research report on Thursday, October 24th. Royal Bank of Canada increased their price objective on Lennox International from $604.00 to $619.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Robert W. Baird increased their price objective on Lennox International from $648.00 to $656.00 and gave the stock a “neutral” rating in a report on Thursday, October 24th. Wells Fargo & Company increased their price target on Lennox International from $570.00 to $615.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Finally, Barclays increased their price target on Lennox International from $575.00 to $624.00 and gave the company an “equal weight” rating in a research note on Thursday, October 24th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $575.54.

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.