Insider Selling: John E. Major Unloads 2,000 Shares of Lennox International Stock (LII)
Lennox International (NYSE:LII) Director John E. Major sold 2,000 shares of the company’s stock on the open market in a transaction that occurred on Wednesday, February 12th. The stock was sold at an average price of $88.65, for a total value of $177,300.00. Following the completion of the transaction, the director now directly owns 15,060 shares in the company, valued at approximately $1,335,069. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on LII. Analysts at MKM Partners raised their price target on shares of Lennox International from $90.00 to $97.00 in a research note on Friday, February 7th. They now have a “neutral” rating on the stock. Separately, analysts at Morgan Stanley upgraded shares of Lennox International from an “underweight” rating to an “equal weight” rating in a research note on Friday, February 7th. Finally, analysts at Ned Davis Research downgraded shares of Lennox International from a “buy” rating to a “neutral” rating in a research note on Monday, January 27th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $82.93.
Shares of Lennox International (NYSE:LII) traded up 1.20% during mid-day trading on Thursday, hitting $88.38. 107,519 shares of the company’s stock traded hands. Lennox International has a 52-week low of $56.56 and a 52-week high of $88.84. The stock has a 50-day moving average of $86.1 and a 200-day moving average of $78.18. The company has a market cap of $4.340 billion and a price-to-earnings ratio of 25.76.
Lennox International (NYSE:LII) last released its earnings data on Wednesday, February 5th. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.73 by $0.04. The company had revenue of $750.00 million for the quarter, compared to the consensus estimate of $727.49 million. During the same quarter in the previous year, the company posted $0.56 earnings per share. The company’s revenue for the quarter was up 9.4% on a year-over-year basis. Analysts expect that Lennox International will post $4.54 EPS for the current fiscal year.
Lennox International Inc (NYSE:LII) is a provider of climate control solutions.
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