Lennox International Inc. (LII) Scheduled to Post Quarterly Earnings on Monday
Lennox International Inc. (NYSE:LII) is scheduled to issue its Q316 quarterly earnings data on Monday, October 17th. Lennox International has set its FY16 guidance at $6.50-6.90 EPS.Parties that wish to listen to the company’s conference call can do so using this link.
Lennox International (NYSE:LII) last issued its quarterly earnings results on Monday, July 18th. The company reported $2.53 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $2.35 by $0.18. The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $1.04 billion. Lennox International had a return on equity of 692.11% and a net margin of 6.45%. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the previous year, the business posted $1.84 EPS. On average, analysts expect Lennox International to post $6.78 EPS for the current fiscal year and $7.62 EPS for the next fiscal year.
Lennox International Inc. (NYSE:LII) opened at 159.07 on Friday. The company has a market capitalization of $6.92 billion, a P/E ratio of 31.48 and a beta of 1.26. The firm has a 50-day moving average price of $158.93 and a 200 day moving average price of $147.00. Lennox International Inc. has a 12 month low of $105.65 and a 12 month high of $164.02.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/10/14/lennox-international-inc-lii-scheduled-to-post-quarterly-earnings-on-monday.html
The business also recently declared a quarterly dividend, which will be paid on Friday, October 14th. Investors of record on Friday, September 30th will be given a dividend of $0.43 per share. The ex-dividend date of this dividend is Wednesday, September 28th. This represents a $1.72 annualized dividend and a yield of 1.08%. Lennox International’s dividend payout ratio (DPR) is presently 33.86%.
In other Lennox International news, Director John W. Norris III sold 1,000 shares of the firm’s stock in a transaction on Thursday, September 1st. The stock was sold at an average price of $161.73, for a total transaction of $161,730.00. Following the transaction, the director now owns 266,339 shares in the company, valued at approximately $43,075,006.47. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Terry L. Johnston sold 2,113 shares of the firm’s stock in a transaction on Monday, August 1st. The stock was sold at an average price of $156.35, for a total value of $330,367.55. Following the transaction, the insider now owns 19,228 shares in the company, valued at approximately $3,006,297.80. The disclosure for this sale can be found here. Company insiders own 3.90% of the company’s stock.
A number of institutional investors have recently bought and sold shares of the company. Parametric Portfolio Associates LLC raised its position in Lennox International by 116.4% in the second quarter. Parametric Portfolio Associates LLC now owns 132,150 shares of the company’s stock worth $18,845,000 after buying an additional 71,069 shares during the period. Janus Capital Management LLC raised its position in Lennox International by 5.4% in the second quarter. Janus Capital Management LLC now owns 140,300 shares of the company’s stock worth $20,007,000 after buying an additional 7,200 shares during the period. Riverhead Capital Management LLC raised its position in Lennox International by 112.6% in the second quarter. Riverhead Capital Management LLC now owns 15,741 shares of the company’s stock worth $753,000 after buying an additional 8,338 shares during the period. Thrivent Financial for Lutherans raised its position in Lennox International by 8.2% in the second quarter. Thrivent Financial for Lutherans now owns 5,520 shares of the company’s stock worth $787,000 after buying an additional 420 shares during the period. Finally, Lord Abbett & CO. LLC raised its position in Lennox International by 3.8% in the second quarter. Lord Abbett & CO. LLC now owns 30,752 shares of the company’s stock worth $4,385,000 after buying an additional 1,119 shares during the period. Hedge funds and other institutional investors own 68.71% of the company’s stock.
Several brokerages recently commented on LII. Credit Suisse Group AG reissued a “hold” rating on shares of Lennox International in a research report on Saturday, July 9th. Zacks Investment Research cut Lennox International from a “buy” rating to a “hold” rating in a research report on Saturday, August 6th. Morgan Stanley reissued a “hold” rating and set a $159.00 price target on shares of Lennox International in a research report on Wednesday, July 20th. Wells Fargo & Co. reissued a “hold” rating on shares of Lennox International in a research report on Wednesday, August 31st. Finally, KeyCorp reissued a “hold” rating on shares of Lennox International in a research report on Monday. Twelve research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $143.45.
Lennox International Company Profile
Lennox International Inc (LII) is a global 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. The Company operates in three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.
Receive News & Ratings for Lennox International Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International Inc. and related companies with MarketBeat.com's FREE daily email newsletter.