John D. Torres Sells 4,406 Shares of Lennox International Inc. (LII) Stock
Lennox International Inc. (NYSE:LII) EVP John D. Torres sold 4,406 shares of the company’s stock in a transaction that occurred on Friday, February 9th. The shares were sold at an average price of $196.01, for a total value of $863,620.06. Following the transaction, the executive vice president now directly owns 6,254 shares of the company’s stock, valued at approximately $1,225,846.54. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.
Shares of Lennox International Inc. (NYSE LII) traded down $1.78 during trading hours on Tuesday, hitting $200.03. The stock had a trading volume of 267,401 shares, compared to its average volume of 306,667. Lennox International Inc. has a 12-month low of $157.37 and a 12-month high of $223.05. The company has a market cap of $8,273.73, a price-to-earnings ratio of 27.98, a P/E/G ratio of 0.98 and a beta of 1.17. The company has a debt-to-equity ratio of 19.37, a current ratio of 1.74 and a quick ratio of 1.00.
Lennox International (NYSE:LII) last announced its earnings results on Tuesday, February 6th. The construction company reported $1.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.65 by $0.03. Lennox International had a return on equity of 1,465.51% and a net margin of 7.96%. The firm had revenue of $891.80 million during the quarter, compared to analyst estimates of $906.85 million. During the same quarter in the prior year, the company earned $1.50 EPS. The business’s revenue was down .6% compared to the same quarter last year. analysts forecast that Lennox International Inc. will post 10.17 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Stockholders of record on Friday, December 29th were given a $0.51 dividend. This represents a $2.04 annualized dividend and a dividend yield of 1.02%. The ex-dividend date of this dividend was Thursday, December 28th. Lennox International’s dividend payout ratio is currently 28.53%.
LII has been the subject of a number of recent analyst reports. Morgan Stanley upped their price target on Lennox International from $166.00 to $169.00 and gave the company an “underweight” rating in a research report on Tuesday, October 24th. Stifel Nicolaus upped their price target on Lennox International from $187.00 to $192.00 and gave the company a “hold” rating in a research report on Tuesday, October 24th. Robert W. Baird reaffirmed a “buy” rating on shares of Lennox International in a research report on Tuesday, October 24th. Credit Suisse Group reissued a “neutral” rating and issued a $180.00 target price (up previously from $171.00) on shares of Lennox International in a research report on Tuesday, October 24th. Finally, Wells Fargo & Co reissued a “market perform” rating and issued a $210.00 target price (up previously from $193.00) on shares of Lennox International in a research report on Thursday, December 14th. They noted that the move was a valuation call. Two analysts have rated the stock with a sell rating, five have given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of $201.43.
Several large investors have recently made changes to their positions in the company. Donaldson Capital Management LLC raised its position in shares of Lennox International by 2.3% in the 3rd quarter. Donaldson Capital Management LLC now owns 18,876 shares of the construction company’s stock worth $3,378,000 after acquiring an additional 430 shares in the last quarter. Toronto Dominion Bank grew its stake in shares of Lennox International by 37.9% in the 4th quarter. Toronto Dominion Bank now owns 2,237 shares of the construction company’s stock worth $466,000 after buying an additional 615 shares during the last quarter. Tredje AP fonden grew its stake in shares of Lennox International by 10.1% in the 3rd quarter. Tredje AP fonden now owns 7,220 shares of the construction company’s stock worth $1,296,000 after buying an additional 660 shares during the last quarter. Pacer Advisors Inc. grew its stake in shares of Lennox International by 11.3% in the 3rd quarter. Pacer Advisors Inc. now owns 6,935 shares of the construction company’s stock worth $1,241,000 after buying an additional 703 shares during the last quarter. Finally, Aperio Group LLC grew its stake in shares of Lennox International by 3.6% in the 4th quarter. Aperio Group LLC now owns 22,144 shares of the construction company’s stock worth $4,612,000 after buying an additional 764 shares during the last quarter. 68.56% of the stock is owned by hedge funds and other institutional investors.
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Lennox International Company Profile
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.
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