Lennox International Inc. (NYSE:LII) COO Douglas L. Young sold 1,650 shares of the company’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $269.41, for a total transaction of $444,526.50. Following the completion of the sale, the chief operating officer now owns 67,435 shares of the company’s stock, valued at approximately $18,167,663.35. The transaction was disclosed in a filing with the SEC, which is available through this link.

NYSE LII opened at $270.87 on Friday. The company has a market cap of $10.50 billion, a PE ratio of 29.46 and a beta of 0.91. Lennox International Inc. has a 52 week low of $163.40 and a 52 week high of $277.42. The firm’s 50-day simple moving average is $238.25 and its two-hundred day simple moving average is $219.94.

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

The firm also recently disclosed 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 annualized dividend and a yield of 1.14%. The ex-dividend date was Monday, June 29th. Lennox International’s dividend payout ratio (DPR) is presently 27.52%.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nisa Investment Advisors LLC lifted its holdings in shares of Lennox International by 5.4% in the second quarter. Nisa Investment Advisors LLC now owns 9,750 shares of the construction company’s stock worth $2,272,000 after buying an additional 500 shares in the last quarter. Congress Asset Management Co. MA lifted its holdings in shares of Lennox International by 0.7% in the second quarter. Congress Asset Management Co. MA now owns 403,715 shares of the construction company’s stock worth $94,062,000 after buying an additional 2,936 shares in the last quarter. Cohen Lawrence B purchased a new stake in shares of Lennox International in the second quarter worth about $223,000. SG Americas Securities LLC lifted its holdings in shares of Lennox International by 10.4% in the second quarter. SG Americas Securities LLC now owns 1,821 shares of the construction company’s stock worth $424,000 after buying an additional 172 shares in the last quarter. Finally, Canandaigua National Corp purchased a new stake in shares of Lennox International in the second quarter worth about $274,000. 72.25% of the stock is currently owned by institutional investors and hedge funds.

LII has been the subject of several research reports. TheStreet lowered shares of Lennox International from a “b-” rating to a “c” rating in a research report on Monday, April 6th. Morgan Stanley increased their price target on shares of Lennox International from $174.00 to $190.00 and gave the company an “equal weight” rating in a research report on Tuesday, July 21st. Credit Suisse Group increased their price target on shares of Lennox International from $234.00 to $257.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. Barclays restated a “buy” rating and set a $222.00 price target on shares of Lennox International in a research report on Tuesday, April 21st. Finally, Robert W. Baird increased their price target on shares of Lennox International from $250.00 to $252.00 and gave the company a “neutral” rating in a research report on Tuesday, July 21st. One analyst has rated the stock with a sell rating, ten have issued a hold rating and two have assigned a buy rating to the company’s stock. Lennox International currently has a consensus rating of “Hold” and a consensus price target of $226.67.

Lennox International Company Profile

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

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