Chris Kosel Sells 122 Shares of Lennox International, Inc. (LII) Stock
Lennox International, Inc. (NYSE:LII) VP Chris Kosel sold 122 shares of the business’s stock in a transaction dated Tuesday, October 3rd. The stock was sold at an average price of $179.24, for a total value of $21,867.28. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Chris Kosel also recently made the following trade(s):
- On Monday, August 7th, Chris Kosel sold 357 shares of Lennox International stock. The stock was sold at an average price of $173.51, for a total value of $61,943.07.
Shares of Lennox International, Inc. (NYSE LII) traded up 0.71% during trading on Wednesday, reaching $181.39. The company had a trading volume of 264,042 shares. The company has a market cap of $7.65 billion, a price-to-earnings ratio of 26.13 and a beta of 1.15. Lennox International, Inc. has a 12 month low of $140.97 and a 12 month high of $192.58. The firm has a 50 day moving average price of $168.45 and a 200 day moving average price of $173.09.
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 Thomson Reuters’ consensus estimate of $2.76 by $0.07. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.09 billion. Lennox International had a net margin of 7.92% and a return on equity of 1,821.73%. The business’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period last year, the business posted $2.53 earnings per share. Analysts predict that Lennox International, Inc. will post $7.92 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be given a dividend of $0.51 per share. The ex-dividend date is Thursday, September 28th. This represents a $2.04 annualized dividend and a yield of 1.12%. Lennox International’s dividend payout ratio (DPR) is presently 29.35%.
A number of hedge funds have recently modified their holdings of LII. Acrospire Investment Management LLC lifted its position in Lennox International by 114.1% during the second quarter. Acrospire Investment Management LLC now owns 563 shares of the construction company’s stock worth $103,000 after acquiring an additional 300 shares during the last quarter. Huntington National Bank raised its position in shares of Lennox International by 16.7% in the second quarter. Huntington National Bank now owns 566 shares of the construction company’s stock valued at $104,000 after buying an additional 81 shares in the last quarter. YorkBridge Wealth Partners LLC raised its position in shares of Lennox International by 4.5% in the second quarter. YorkBridge Wealth Partners LLC now owns 648 shares of the construction company’s stock valued at $119,000 after buying an additional 28 shares in the last quarter. Calamos Advisors LLC acquired a new stake in shares of Lennox International in the second quarter valued at approximately $213,000. Finally, Achmea Investment Management B.V. acquired a new stake in shares of Lennox International in the second quarter valued at approximately $239,000. Hedge funds and other institutional investors own 68.33% of the company’s stock.
LII has been the topic of several research reports. BidaskClub upgraded Lennox International from a “hold” rating to a “buy” rating in a research note on Thursday, June 15th. Cowen and Company boosted their price target on Lennox International from $172.00 to $200.00 and gave the company a “buy” rating in a research note on Tuesday, June 27th. Wells Fargo & Company restated a “market perform” rating and set a $190.00 price target (up from $162.50) on shares of Lennox International in a research note on Friday, July 7th. Wolfe Research initiated coverage on Lennox International in a research note on Tuesday, July 11th. They set a “market perform” rating on the stock. Finally, Morgan Stanley restated an “underweight” rating and set a $161.00 price target (down from $164.00) on shares of Lennox International in a research note on Tuesday, July 25th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $178.33.
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.
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