Lennox International Inc. (NYSE:LII) CAO Chris Kosel sold 435 shares of the firm’s stock in a transaction on Friday, December 15th. The shares were sold at an average price of $203.03, for a total transaction of $88,318.05. Following the completion of the transaction, the chief accounting officer now directly owns 810 shares of the company’s stock, valued at approximately $164,454.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Chris Kosel also recently made the following trade(s):
- On Monday, December 18th, Chris Kosel sold 754 shares of Lennox International stock. The shares were sold at an average price of $204.37, for a total transaction of $154,094.98.
- On Tuesday, October 3rd, Chris Kosel sold 122 shares of Lennox International stock. The shares were sold at an average price of $179.24, for a total transaction of $21,867.28.
Shares of Lennox International Inc. (NYSE:LII) traded down $6.72 during trading on Thursday, reaching $204.95. The company’s stock had a trading volume of 665,100 shares, compared to its average volume of 273,971. Lennox International Inc. has a fifty-two week low of $147.54 and a fifty-two week high of $214.70. 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 stock has a market capitalization of $8,840.00, a price-to-earnings ratio of 28.87, a P/E/G ratio of 1.18 and a beta of 1.22.
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 16th. Investors of record on Friday, December 29th will be issued a $0.51 dividend. The ex-dividend date is Thursday, December 28th. This represents a $2.04 annualized dividend and a yield of 1.00%. Lennox International’s payout ratio is 28.73%.
A number of research analysts recently issued reports on the stock. Cowen reiterated a “buy” rating and set a $190.00 target price on shares of Lennox International in a research report on Monday, October 23rd. Stifel Nicolaus restated a “hold” rating and set a $207.00 price target (up previously from $193.00) on shares of Lennox International in a research note on Monday, December 11th. Morgan Stanley boosted their price target on shares of Lennox International from $166.00 to $169.00 and gave the stock an “underweight” rating in a report on Tuesday, October 24th. Robert W. Baird reissued a “buy” rating on shares of Lennox International in a report on Tuesday, October 24th. Finally, Wells Fargo & Co restated a “market perform” rating and issued a $210.00 price objective (up from $193.00) on shares of Lennox International in a research report on Thursday, December 14th. They noted that the move was a valuation call. Two research analysts have rated the stock with a sell rating, five have given a hold rating and two have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $191.83.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Parametric Portfolio Associates LLC lifted its position in shares of Lennox International by 16.5% during the 3rd quarter. Parametric Portfolio Associates LLC now owns 76,976 shares of the construction company’s stock valued at $13,776,000 after buying an additional 10,908 shares in the last quarter. Tredje AP fonden lifted its holdings in Lennox International by 10.1% in the 3rd quarter. Tredje AP fonden now owns 7,220 shares of the construction company’s stock worth $1,296,000 after purchasing an additional 660 shares in the last quarter. Impax Asset Management LTD purchased a new stake in shares of Lennox International during the 3rd quarter worth approximately $9,034,000. Impax Asset Management AIFM Ltd purchased a new stake in shares of Lennox International during the 3rd quarter worth approximately $4,478,000. Finally, Schroder Investment Management Group raised its holdings in shares of Lennox International by 15.6% during the 3rd quarter. Schroder Investment Management Group now owns 538,915 shares of the construction company’s stock worth $94,805,000 after acquiring an additional 72,804 shares in the last quarter. Institutional investors own 68.78% of the company’s stock.
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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.
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