Lennox International, Inc. (NYSE:LII) CFO Joseph William Reitmeier sold 922 shares of the business’s stock in a transaction on Friday, October 27th. The shares were sold at an average price of $193.03, for a total transaction of $177,973.66. Following the transaction, the chief financial officer now owns 14,233 shares in the company, valued at approximately $2,747,395.99. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Lennox International (NYSE:LII) last released its earnings results on Monday, October 23rd. The construction company reported $2.53 earnings per share for the quarter, beating the consensus estimate of $2.44 by $0.09. The company had revenue of $1.05 billion during the quarter, compared to the consensus estimate of $1.04 billion. Lennox International had a return on equity of 1,657.93% and a net margin of 7.88%. Lennox International’s revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the company posted $2.33 EPS.

The company also recently announced a quarterly dividend, which was paid on Monday, October 16th. Shareholders of record on Friday, September 29th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a yield of 1.07%. The ex-dividend date was Thursday, September 28th. Lennox International’s dividend payout ratio is currently 28.90%.

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A number of brokerages have recently issued reports on LII. Stifel Nicolaus boosted their target price on shares of Lennox International from $187.00 to $192.00 and gave the company a “hold” rating in a research note on Tuesday, October 24th. Credit Suisse Group reissued a “neutral” rating and set a $180.00 target price (up from $171.00) on shares of Lennox International in a research note on Tuesday, October 24th. Morgan Stanley boosted their target price on shares of Lennox International from $166.00 to $169.00 and gave the company an “underweight” rating in a research note on Tuesday, October 24th. Robert W. Baird reissued a “buy” rating on shares of Lennox International in a research note on Tuesday, October 24th. Finally, Wolfe Research began coverage on shares of Lennox International in a research note on Tuesday, July 11th. They set a “market perform” rating for the company. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and two have assigned a buy rating to the company. Lennox International currently has an average rating of “Hold” and a consensus target price of $183.17.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LII. Acrospire Investment Management LLC grew its position in Lennox International by 114.1% in the 2nd quarter. Acrospire Investment Management LLC now owns 563 shares of the construction company’s stock valued at $103,000 after acquiring an additional 300 shares in the last quarter. Huntington National Bank grew its position in Lennox International by 16.7% in the 2nd quarter. Huntington National Bank now owns 566 shares of the construction company’s stock valued at $104,000 after acquiring an additional 81 shares in the last quarter. YorkBridge Wealth Partners LLC grew its position in Lennox International by 4.5% in the 2nd quarter. YorkBridge Wealth Partners LLC now owns 648 shares of the construction company’s stock valued at $119,000 after acquiring an additional 28 shares in the last quarter. Calamos Advisors LLC acquired a new position in Lennox International in the 2nd quarter valued at about $213,000. Finally, Achmea Investment Management B.V. acquired a new position in Lennox International in the 2nd quarter valued at about $239,000. 68.43% of the stock is owned by institutional investors.

About Lennox International

Lennox International Inc is a 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. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.

Insider Buying and Selling by Quarter for Lennox International (NYSE:LII)

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