Insider Selling: Lennox International Inc. (LII) Insider Sells 369 Shares of Stock

Lennox International Inc. (NYSE:LII) insider Gary S. Bedard sold 369 shares of Lennox International stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $204.47, for a total transaction of $75,449.43. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Lennox International Inc. (LII) traded down $1.34 during trading hours on Friday, reaching $208.40. 374,649 shares of the company traded hands, compared to its average volume of 347,588. Lennox International Inc. has a 1-year low of $146.90 and a 1-year high of $210.88. The company has a debt-to-equity ratio of 23.87, a current ratio of 1.24 and a quick ratio of 0.72. The company has a market capitalization of $8,402.39, a price-to-earnings ratio of 25.92, a P/E/G ratio of 1.50 and a beta of 1.19.

Lennox International (NYSE:LII) last posted its quarterly earnings data on Monday, October 23rd. The construction company reported $2.53 EPS for the quarter, topping the consensus estimate of $2.44 by $0.09. Lennox International had a net margin of 7.88% and a return on equity of 1,657.93%. The business had revenue of $1.05 billion for the quarter, compared to analyst estimates of $1.04 billion. During the same quarter in the previous year, the firm posted $2.33 earnings per share. Lennox International’s quarterly revenue was up 4.0% on a year-over-year basis. analysts anticipate that Lennox International Inc. will post 7.92 earnings per share for the current year.

Large investors have recently bought and sold shares of the stock. Acrospire Investment Management LLC boosted its stake in Lennox International by 114.1% during the second quarter. Acrospire Investment Management LLC now owns 563 shares of the construction company’s stock worth $103,000 after acquiring an additional 300 shares in the last quarter. Huntington National Bank boosted its stake in Lennox International by 16.7% during the second quarter. Huntington National Bank now owns 566 shares of the construction company’s stock worth $104,000 after acquiring an additional 81 shares in the last quarter. YorkBridge Wealth Partners LLC boosted its stake in Lennox International by 4.5% during the second quarter. YorkBridge Wealth Partners LLC now owns 648 shares of the construction company’s stock worth $119,000 after acquiring an additional 28 shares in the last quarter. Calamos Advisors LLC bought a new stake in Lennox International during the second quarter worth about $213,000. Finally, Achmea Investment Management B.V. bought a new stake in Lennox International during the second quarter worth about $239,000. 68.93% of the stock is currently owned by institutional investors and hedge funds.

A number of equities research analysts have recently weighed in on LII shares. BidaskClub lowered shares of Lennox International from a “sell” rating to a “strong sell” rating in a research note on Monday, August 14th. Stifel Nicolaus reaffirmed a “hold” rating and set a $171.00 target price on shares of Lennox International in a research note on Thursday, September 7th. Morgan Stanley lifted their target price on shares of Lennox International from $161.00 to $166.00 and gave the company an “underweight” rating in a research note on Monday, September 25th. Cleveland Research started coverage on shares of Lennox International in a research note on Tuesday, October 3rd. They set a “neutral” rating on the stock. Finally, Wolfe Research reaffirmed a “peer perform” rating on shares of Lennox International in a research note on Tuesday, October 3rd. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $186.50.

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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.

Insider Buying and Selling by Quarter for Lennox International (NYSE:LII)

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