Lennox International Inc. (NYSE:LII) CAO Chris Kosel sold 634 shares of Lennox International stock in a transaction on Friday, July 24th. The stock was sold at an average price of $263.66, for a total value of $167,160.44. Following the sale, the chief accounting officer now owns 1,901 shares in the company, valued at $501,217.66. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

LII stock opened at $270.87 on Friday. The firm has a market capitalization of $10.37 billion, a PE ratio of 30.78 and a beta of 0.91. Lennox International Inc. has a twelve month low of $163.40 and a twelve month high of $277.42. The stock has a 50-day simple moving average of $238.25 and a two-hundred day simple moving average of $219.94.

Lennox International (NYSE:LII) last posted its earnings results on Monday, July 20th. The construction company reported $2.97 earnings per share for the quarter, beating the Zacks’ consensus estimate of $2.62 by $0.35. The business had revenue of $941.30 million during the quarter, compared to analyst estimates of $906.50 million. Lennox International had a negative return on equity of 145.33% and a net margin of 9.53%. The company’s quarterly revenue was down 14.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.74 EPS. As a group, sell-side analysts expect that Lennox International Inc. will post 8.58 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date of this dividend was Monday, June 29th. Lennox International’s payout ratio is presently 27.52%.

A number of hedge funds have recently bought and sold shares of the business. Nisa Investment Advisors LLC grew its holdings in Lennox International by 5.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 9,750 shares of the construction company’s stock valued at $2,272,000 after buying an additional 500 shares in the last quarter. Congress Asset Management Co. MA grew its holdings in shares of Lennox International by 0.7% during the second quarter. Congress Asset Management Co. MA now owns 403,715 shares of the construction company’s stock worth $94,062,000 after purchasing an additional 2,936 shares in the last quarter. Cohen Lawrence B purchased a new position in shares of Lennox International during the second quarter worth about $223,000. SG Americas Securities LLC grew its holdings in shares of Lennox International by 10.4% during the second quarter. SG Americas Securities LLC now owns 1,821 shares of the construction company’s stock worth $424,000 after purchasing an additional 172 shares in the last quarter. Finally, Canandaigua National Corp purchased a new position in shares of Lennox International during the second quarter worth about $274,000. 72.25% of the stock is owned by institutional investors and hedge funds.

LII has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. lowered their target price on Lennox International from $160.00 to $130.00 and set an “underweight” rating on the stock in a research note on Wednesday, April 22nd. Robert W. Baird lifted their target price on Lennox International from $250.00 to $252.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 21st. Credit Suisse Group lifted their price objective on Lennox International from $234.00 to $257.00 and gave the stock a “neutral” rating in a report on Tuesday, July 21st. Seaport Global Securities lowered Lennox International from a “buy” rating to a “neutral” rating in a report on Tuesday, July 21st. Finally, UBS Group lifted their price objective on Lennox International from $198.00 to $235.00 and gave the stock a “neutral” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and a consensus target price of $226.67.

About Lennox International

Lennox International, Inc engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following business segments: Residential Heating and Cooling, Commercial Heating and Cooling, and Refrigeration. The Residential Heating and Cooling segment manufactures and markets furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment, and accessories.

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