Lennox International Director Unloads $128,820 in Stock (LII)
Lennox International (NYSE:LII) Director John W. Norris III sold 1,500 shares of the company’s stock on the open market in a transaction that occurred on Thursday, July 31st. The shares were sold at an average price of $85.88, for a total value of $128,820.00. Following the sale, the director now directly owns 268,027 shares of the company’s stock, valued at approximately $23,018,159. The sale was disclosed in a document filed 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 Goldman Sachs upgraded shares of Lennox International from a “neutral” rating to a “buy” rating in a research note on Wednesday, July 23rd. They now have a $102.00 price target on the stock, up previously from $93.00. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Lennox International in a research note on Tuesday, July 22nd. They now have a $97.00 price target on the stock, down previously from $98.00. Finally, analysts at Morgan Stanley raised their price target on shares of Lennox International to $96.00 in a research note on Tuesday, July 22nd. They now have an “equal weight” rating on the stock. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $95.94.
Shares of Lennox International (NYSE:LII) traded down 0.08% on Friday, hitting $85.25. 547,129 shares of the company’s stock traded hands. Lennox International has a 1-year low of $66.94 and a 1-year high of $94.69. The stock’s 50-day moving average is $88.58 and its 200-day moving average is $88.06. The company has a market cap of $4.141 billion and a price-to-earnings ratio of 22.08.
Lennox International (NYSE:LII) last posted its quarterly earnings results on Monday, July 21st. The company reported $1.51 earnings per share for the quarter, meeting the analysts’ consensus estimate of $1.51. The company had revenue of $961.00 million for the quarter, compared to the consensus estimate of $693.44 million. During the same quarter last year, the company posted $1.31 earnings per share. Lennox International’s revenue was up 5.2% compared to the same quarter last year. Analysts expect that Lennox International will post $4.46 EPS for the current fiscal year.
Lennox International Inc (NYSE:LII) is a provider of climate control solutions.
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