Lennox International Inc. (NYSE:LII) Chairman Todd M. Bluedorn sold 25,058 shares of the business’s stock in a transaction dated Friday, March 16th. The shares were sold at an average price of $209.78, for a total value of $5,256,667.24. Following the completion of the transaction, the chairman now directly owns 214,976 shares of the company’s stock, valued at $45,097,665.28. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

Lennox International stock traded down $3.33 during mid-day trading on Monday, hitting $208.78. The stock had a trading volume of 178,562 shares, compared to its average volume of 312,200. The company has a quick ratio of 1.00, a current ratio of 1.74 and a debt-to-equity ratio of 19.37. The firm has a market capitalization of $8,734.01, a PE ratio of 26.71, a P/E/G ratio of 1.05 and a beta of 1.20. Lennox International Inc. has a 52 week low of $160.18 and a 52 week high of $223.05.

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Lennox International (NYSE:LII) last posted its quarterly earnings data on Tuesday, February 6th. The construction company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.65 by $0.03. The company had revenue of $891.80 million during the quarter, compared to analysts’ expectations of $906.85 million. Lennox International had a return on equity of 1,465.51% and a net margin of 7.96%. Lennox International’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.50 earnings per share. sell-side analysts anticipate that Lennox International Inc. will post 10.17 earnings per share for the current fiscal year.

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 13th. Stockholders of record on Monday, April 2nd will be given a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 0.98%. Lennox International’s dividend payout ratio is currently 28.53%.

Lennox International declared that its board has authorized a stock repurchase program on Wednesday, December 13th that permits the company to buyback $300.00 million in shares. This buyback authorization permits the construction company to repurchase shares of its stock through open market purchases. Shares buyback programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Hedge funds have recently bought and sold shares of the company. Advisor Partners LLC bought a new stake in Lennox International during the fourth quarter worth about $216,000. Toronto Dominion Bank raised its holdings in Lennox International by 240.8% during the third quarter. Toronto Dominion Bank now owns 1,622 shares of the construction company’s stock worth $290,000 after acquiring an additional 1,146 shares in the last quarter. We Are One Seven LLC bought a new stake in Lennox International during the fourth quarter worth about $409,000. Paloma Partners Management Co bought a new stake in Lennox International during the fourth quarter worth about $577,000. Finally, Price Capital Management Inc. bought a new stake in Lennox International during the fourth quarter worth about $638,000. 69.84% of the stock is owned by institutional investors.

A number of research analysts have issued reports on the company. UBS reissued a “neutral” rating and issued a $215.00 target price (down from $230.00) on shares of Lennox International in a research note on Wednesday, February 7th. Robert W. Baird decreased their target price on Lennox International from $232.00 to $228.00 and set an “outperform” rating for the company in a research note on Wednesday, February 7th. Stifel Nicolaus reissued a “hold” rating and issued a $198.00 target price on shares of Lennox International in a research note on Friday, January 19th. Cowen reaffirmed a “buy” rating and set a $210.00 price objective on shares of Lennox International in a research report on Wednesday, November 29th. Finally, Wells Fargo reaffirmed a “market perform” rating and set a $210.00 price objective (up 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 investment analysts have rated the stock with a sell rating, five have assigned a hold rating and three have given a buy rating to the company’s stock. Lennox International presently has a consensus rating of “Hold” and a consensus price target of $205.38.

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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.

Insider Buying and Selling by Quarter for Lennox International (NYSE:LII)

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