Brokerages forecast that Lennox International Inc. (NYSE:LII) will report earnings per share of $2.74 for the current fiscal quarter, according to Zacks Investment Research. Fourteen analysts have issued estimates for Lennox International’s earnings. The highest EPS estimate is $2.89 and the lowest is $2.64. Lennox International posted earnings per share of $2.53 during the same quarter last year, which suggests a positive year over year growth rate of 8.3%. The business is scheduled to issue its next quarterly earnings results on Monday, July 17th.

According to Zacks, analysts expect that Lennox International will report full year earnings of $7.91 per share for the current year, with EPS estimates ranging from $7.75 to $8.09. For the next fiscal year, analysts forecast that the company will report earnings of $8.91 per share, with EPS estimates ranging from $8.25 to $9.55. Zacks’ earnings per share calculations are an average based on a survey of analysts that follow Lennox International.

Lennox International (NYSE:LII) last issued its quarterly earnings results on Monday, April 24th. The construction company reported $0.90 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.77 by $0.13. Lennox International had a return on equity of 6,021.68% and a net margin of 7.63%. The firm had revenue of $793.40 million during the quarter, compared to analyst estimates of $746.37 million. During the same period last year, the company earned $0.60 EPS. Lennox International’s quarterly revenue was up 10.9% compared to the same quarter last year.

Several brokerages recently weighed in on LII. TheStreet upgraded Lennox International from a “c+” rating to a “b-” rating in a research report on Wednesday, May 17th. Stifel Nicolaus increased their price objective on Lennox International from $171.00 to $180.00 and gave the stock a “hold” rating in a research report on Wednesday, March 22nd. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus price target of $167.20.

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In other Lennox International news, Director John W. Norris III sold 1,000 shares of the company’s stock in a transaction on Friday, May 5th. The stock was sold at an average price of $167.66, for a total transaction of $167,660.00. Following the transaction, the director now directly owns 50,001 shares in the company, valued at $8,383,167.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Roy A. Rumbough sold 2,259 shares of the company’s stock in a transaction on Friday, March 17th. The stock was sold at an average price of $172.01, for a total value of $388,570.59. Following the transaction, the chief accounting officer now owns 2,105 shares in the company, valued at $362,081.05. The disclosure for this sale can be found here. Insiders have sold 55,791 shares of company stock worth $9,511,013 over the last 90 days. 3.90% of the stock is owned by insiders.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in LII. Schroder Investment Management Group boosted its position in Lennox International by 65.0% in the first quarter. Schroder Investment Management Group now owns 463,778 shares of the construction company’s stock worth $78,021,000 after buying an additional 182,677 shares during the period. Congress Asset Management Co. MA boosted its position in Lennox International by 8.4% in the first quarter. Congress Asset Management Co. MA now owns 416,495 shares of the construction company’s stock worth $69,680,000 after buying an additional 32,232 shares during the period. Norges Bank purchased a new position in Lennox International during the fourth quarter worth approximately $57,541,000. Geode Capital Management LLC boosted its position in Lennox International by 9.1% in the first quarter. Geode Capital Management LLC now owns 288,838 shares of the construction company’s stock worth $48,322,000 after buying an additional 23,973 shares during the period. Finally, Teachers Advisors LLC boosted its position in Lennox International by 1.4% in the fourth quarter. Teachers Advisors LLC now owns 266,740 shares of the construction company’s stock worth $40,857,000 after buying an additional 3,625 shares during the period. Institutional investors own 68.82% of the company’s stock.

Shares of Lennox International (NYSE:LII) opened at 175.57 on Thursday. The company has a market capitalization of $7.49 billion, a price-to-earnings ratio of 25.86 and a beta of 1.10. The company’s 50 day moving average price is $168.48 and its 200-day moving average price is $161.08. Lennox International has a 52 week low of $132.74 and a 52 week high of $177.41.

The company also recently declared a quarterly dividend, which will be paid on Monday, July 17th. Shareholders of record on Friday, June 30th will be paid a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.16%. This is a boost from Lennox International’s previous quarterly dividend of $0.43. The ex-dividend date is Wednesday, June 28th. Lennox International’s dividend payout ratio is 27.17%.

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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