Traders bought shares of Lennox International, Inc. (NYSE:LII) on weakness during trading on Wednesday. $44.01 million flowed into the stock on the tick-up and $15.00 million flowed out of the stock on the tick-down, for a money net flow of $29.01 million into the stock. Of all equities tracked, Lennox International had the 28th highest net in-flow for the day. Lennox International traded down ($4.36) for the day and closed at $167.48

LII has been the subject of a number of recent analyst reports. BidaskClub raised Lennox International from a “hold” rating to a “buy” rating in a research report on Thursday, June 15th. Cowen and Company raised their price objective on Lennox International from $172.00 to $200.00 and gave the stock a “buy” rating in a research report on Tuesday, June 27th. Wells Fargo & Company reissued a “market perform” rating and issued a $190.00 price objective (up previously from $162.50) on shares of Lennox International in a research report on Friday, July 7th. Wolfe Research started coverage on Lennox International in a research report on Tuesday, July 11th. They set a “market perform” rating for the company. Finally, Morgan Stanley reaffirmed an “underweight” rating and set a $161.00 price target (down previously from $164.00) on shares of Lennox International in a research report on Tuesday, July 25th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and two have assigned a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $177.50.

The stock has a market capitalization of $7.05 billion, a P/E ratio of 24.07 and a beta of 1.14. The company has a 50 day moving average price of $167.36 and a 200 day moving average price of $172.49.

Lennox International (NYSE:LII) last issued its quarterly earnings data on Monday, July 24th. The construction company reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.76 by $0.07. The company had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.09 billion. Lennox International had a return on equity of 1,821.73% and a net margin of 7.92%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter last year, the company posted $2.53 earnings per share. Equities analysts forecast that Lennox International, Inc. will post $8.00 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be issued a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 1.22%. Lennox International’s payout ratio is 29.35%.

In other Lennox International news, Chairman Todd M. Bluedorn sold 11,387 shares of the firm’s stock in a transaction dated Tuesday, August 1st. The stock was sold at an average price of $170.75, for a total transaction of $1,944,330.25. Following the transaction, the chairman now owns 181,410 shares of the company’s stock, valued at $30,975,757.50. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, VP Chris Kosel sold 357 shares of the firm’s stock in a transaction dated Monday, August 7th. The stock was sold at an average price of $173.51, for a total value of $61,943.07. Following the transaction, the vice president now directly owns 1,379 shares in the company, valued at approximately $239,270.29. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 14,094 shares of company stock worth $2,409,181. Corporate insiders own 3.90% of the company’s stock.

Several hedge funds have recently modified their holdings of the business. Schroder Investment Management Group boosted its stake in shares of Lennox International by 65.0% during the first quarter. Schroder Investment Management Group now owns 463,778 shares of the construction company’s stock worth $78,021,000 after buying an additional 182,677 shares during the period. State Street Corp boosted its stake in shares of Lennox International by 10.2% during the second quarter. State Street Corp now owns 1,383,849 shares of the construction company’s stock worth $254,122,000 after buying an additional 128,170 shares during the period. Sumitomo Mitsui Trust Holdings Inc. acquired a new stake in shares of Lennox International during the second quarter worth about $20,855,000. Quantitative Investment Management LLC boosted its stake in shares of Lennox International by 124.9% during the second quarter. Quantitative Investment Management LLC now owns 119,400 shares of the construction company’s stock worth $21,926,000 after buying an additional 66,300 shares during the period. Finally, Hilton Capital Management LLC acquired a new stake in shares of Lennox International during the second quarter worth about $10,777,000. 68.36% of the stock is currently owned by institutional investors.

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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.

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