Sherry Buck Sells 500 Shares of Lennox International Inc. (NYSE:LII) Stock

Lennox International Inc. (NYSE:LII) Director Sherry Buck sold 500 shares of Lennox International stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $660.74, for a total transaction of $330,370.00. Following the sale, the director now directly owns 1,693 shares of the company’s stock, valued at $1,118,632.82. This represents a 22.80 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

Lennox International Price Performance

Shares of NYSE LII opened at $667.13 on Friday. The company has a fifty day moving average price of $616.77 and a 200 day moving average price of $571.31. The firm has a market cap of $23.77 billion, a PE ratio of 31.68, a PEG ratio of 2.02 and a beta of 1.07. The company has a current ratio of 1.39, a quick ratio of 0.87 and a debt-to-equity ratio of 1.10. Lennox International Inc. has a 1-year low of $397.34 and a 1-year high of $682.50.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Wednesday, October 23rd. The construction company reported $6.68 earnings per share 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 company had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.42 billion. During the same period in the prior year, the firm earned $5.37 earnings per share. Lennox International’s revenue for the quarter was up 9.6% compared to the same quarter last year. Research analysts predict that Lennox International Inc. will post 21.1 earnings per share for the current fiscal year.

Lennox International Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on LII shares. Mizuho lifted their price objective on Lennox International from $650.00 to $675.00 and gave the stock an “outperform” rating in a research note on Thursday, October 24th. Northcoast Research initiated coverage on Lennox International in a research report on Friday, November 22nd. They set a “sell” rating and a $475.00 target price for the company. Barclays increased their price target on shares of Lennox International from $575.00 to $624.00 and gave the company an “equal weight” rating in a research report on Thursday, October 24th. Royal Bank of Canada boosted their price objective on shares of Lennox International from $604.00 to $619.00 and gave the company a “sector perform” rating in a report on Thursday, October 24th. Finally, Wells Fargo & Company upped their target price on shares of Lennox International from $570.00 to $615.00 and gave the company an “equal weight” rating in a research note on Monday, October 7th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $575.54.

Institutional Trading of Lennox International

A number of institutional investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB acquired a new stake in Lennox International in the 3rd quarter valued at $27,000. Innealta Capital LLC acquired a new stake in shares of Lennox International in the second quarter valued at about $33,000. Massmutual Trust Co. FSB ADV raised its holdings in Lennox International by 38.8% during the second quarter. Massmutual Trust Co. FSB ADV now owns 68 shares of the construction company’s stock worth $36,000 after acquiring an additional 19 shares in the last quarter. First Horizon Advisors Inc. acquired a new position in Lennox International during the third quarter valued at approximately $39,000. Finally, Huntington National Bank grew its stake in Lennox International by 47.9% in the third quarter. Huntington National Bank now owns 71 shares of the construction company’s stock valued at $43,000 after purchasing an additional 23 shares in 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.