Lennox International CEO Sells $1,360,681 in Stock (LII)
Lennox International (NYSE:LII) CEO Todd Bluedorn unloaded 15,649 shares of the stock in a transaction dated Thursday, January 9th. The shares were sold at an average price of $86.95, for a total transaction of $1,360,680.55. Following the completion of the sale, the chief executive officer now directly owns 235,974 shares in the company, valued at approximately $20,517,939. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
A number of analysts have recently weighed in on LII shares. Analysts at Ned Davis Research upgraded shares of Lennox International from a “neutral” rating to a “buy” rating in a research note to investors on Monday, December 23rd. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Lennox International from $76.00 to $80.00 in a research note to investors on Friday, December 20th. Finally, analysts at Barclays raised their price target on shares of Lennox International from $72.00 to $87.00 in a research note to investors on Thursday, December 19th. They now have an “underweight” rating on the stock. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $79.60.
Lennox International (NYSE:LII) traded up 0.72% during mid-day trading on Friday, hitting $87.88. The stock had a trading volume of 230,244 shares. Lennox International has a 52 week low of $54.19 and a 52 week high of $87.47. The stock’s 50-day moving average is $83.10 and its 200-day moving average is $75.01. The company has a market cap of $4.351 billion and a P/E ratio of 28.00.
Lennox International (NYSE:LII) last issued its quarterly earnings data on Monday, October 21st. The company reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.02. The company had revenue of $868.00 million for the quarter, compared to the consensus estimate of $877.87 million. During the same quarter in the previous year, the company posted $0.97 earnings per share. The company’s revenue for the quarter was up 7.2% on a year-over-year basis. On average, analysts predict that Lennox International will post $3.67 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, January 15th. Investors of record on Tuesday, December 31st will be paid a dividend of 0.24 per share. This represents a $0.96 annualized dividend and a dividend yield of 1.10%. The ex-dividend date is Friday, December 27th.
Lennox International Inc (NYSE:LII) is a provider of climate control solutions.
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