Lennox International Inc. (NYSE:LII) Director Paul W. Schmidt sold 500 shares of the business’s stock in a transaction dated Friday, November 2nd. The shares were sold at an average price of $212.06, for a total value of $106,030.00. Following the completion of the transaction, the director now directly owns 2,145 shares of the company’s stock, valued at $454,868.70. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
NYSE:LII opened at $215.34 on Friday. The stock has a market capitalization of $8.57 billion, a price-to-earnings ratio of 27.19, a price-to-earnings-growth ratio of 1.24 and a beta of 1.10. Lennox International Inc. has a 1 year low of $177.36 and a 1 year high of $229.98.
Lennox International (NYSE:LII) last posted its quarterly earnings data on Monday, October 22nd. The construction company reported $2.72 earnings per share for the quarter, missing the consensus estimate of $2.92 by ($0.20). The firm had revenue of $1.03 billion for the quarter, compared to analyst estimates of $1.05 billion. Lennox International had a negative return on equity of 474.74% and a net margin of 8.31%. The firm’s quarterly revenue was down 2.1% on a year-over-year basis. During the same period in the prior year, the company earned $2.53 earnings per share. Equities research analysts predict that Lennox International Inc. will post 8.98 EPS for the current year.
A number of research firms have issued reports on LII. Robert W. Baird decreased their target price on Lennox International from $228.00 to $224.00 and set a “buy” rating for the company in a research note on Tuesday, October 23rd. TheStreet raised Lennox International from a “c+” rating to a “b” rating in a research note on Monday, July 23rd. ValuEngine raised Lennox International from a “hold” rating to a “buy” rating in a research note on Thursday, November 1st. Seaport Global Securities cut Lennox International from a “buy” rating to a “neutral” rating in a research note on Tuesday, July 24th. They noted that the move was a valuation call. Finally, Morgan Stanley reissued an “underweight” rating on shares of Lennox International in a research note on Wednesday, October 24th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average price target of $220.75.
Hedge funds have recently bought and sold shares of the company. First Hawaiian Bank acquired a new position in shares of Lennox International during the third quarter worth about $113,000. TRUE Private Wealth Advisors acquired a new position in shares of Lennox International during the third quarter worth about $134,000. Advisors Preferred LLC boosted its position in shares of Lennox International by 354.7% during the second quarter. Advisors Preferred LLC now owns 632 shares of the construction company’s stock worth $126,000 after buying an additional 493 shares during the period. Advisor Partners LLC acquired a new position in shares of Lennox International during the third quarter worth about $214,000. Finally, Steward Partners Investment Advisory LLC boosted its position in shares of Lennox International by 583.3% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,592 shares of the construction company’s stock worth $319,000 after buying an additional 1,359 shares during the period. 67.81% of the stock is owned by institutional investors.
Lennox International Company Profile
Lennox International Inc, together with its subsidiaries, provides climate control solutions in the United States, Canada, and internationally. It designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets. The company operates in three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration.
Featured Story: Bull Market
Receive News & Ratings for Lennox International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International and related companies with MarketBeat.com's FREE daily email newsletter.