Lennox International Inc. (NYSE:LII) Director John W. Norris III sold 1,400 shares of the stock in a transaction that occurred on Wednesday, November 7th. The shares were sold at an average price of $215.84, for a total value of $302,176.00. The transaction was disclosed in a filing with the SEC, which is available at this link.
NYSE:LII opened at $211.75 on Friday. Lennox International Inc. has a fifty-two week low of $177.36 and a fifty-two week high of $229.98. The firm has a market cap of $8.73 billion, a P/E ratio of 23.56, a P/E/G ratio of 1.26 and a beta of 1.10.
Lennox International (NYSE:LII) last released its quarterly earnings results on Monday, October 22nd. The construction company reported $2.72 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $2.92 by ($0.20). Lennox International had a net margin of 8.31% and a negative return on equity of 474.74%. The company had revenue of $1.03 billion for the quarter, compared to analysts’ expectations of $1.05 billion. During the same quarter in the previous year, the company posted $2.53 EPS. The business’s quarterly revenue was down 2.1% on a year-over-year basis. As a group, equities analysts forecast that Lennox International Inc. will post 8.97 earnings per share for the current fiscal year.
Large investors have recently added to or reduced their stakes in the stock. First Hawaiian Bank purchased a new stake in Lennox International during the 3rd quarter valued at $113,000. TRUE Private Wealth Advisors purchased a new stake in Lennox International during the 3rd quarter valued at $134,000. Advisors Preferred LLC raised its holdings in Lennox International by 354.7% during the 2nd quarter. Advisors Preferred LLC now owns 632 shares of the construction company’s stock valued at $126,000 after buying an additional 493 shares during the period. Advisor Partners LLC purchased a new stake in Lennox International during the 3rd quarter valued at $214,000. Finally, Steward Partners Investment Advisory LLC raised its holdings in Lennox International by 583.3% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,592 shares of the construction company’s stock valued at $319,000 after buying an additional 1,359 shares during the period. Institutional investors own 67.81% of the company’s stock.
LII has been the subject of a number of research reports. TheStreet upgraded Lennox International from a “c+” rating to a “b” rating in a research report on Monday, July 23rd. ValuEngine upgraded Lennox International from a “hold” rating to a “buy” rating in a research report on Tuesday, August 28th. Robert W. Baird lowered their target price on Lennox International from $228.00 to $224.00 and set a “buy” rating for the company in a research report on Tuesday, October 23rd. Cowen reiterated a “buy” rating and set a $240.00 target price on shares of Lennox International in a research report on Monday, October 22nd. Finally, Seaport Global Securities downgraded Lennox International from a “buy” rating to a “neutral” rating in a research report on Tuesday, July 24th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, four have given a hold rating and five have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average target price of $220.75.
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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.
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