Todd Teske Sells 600 Shares of Lennox International (NYSE:LII) Stock

Lennox International, Inc. (NYSE:LII) Director Todd Teske sold 600 shares of Lennox International stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $491.85, for a total value of $295,110.00. Following the transaction, the director owned 7,581 shares of the company’s stock, valued at $3,728,714.85. The trade was a 7.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this link.

Lennox International Stock Performance

LII opened at $475.99 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.68 and a debt-to-equity ratio of 0.78. Lennox International, Inc. has a 12-month low of $466.88 and a 12-month high of $689.44. The business has a 50 day moving average of $524.40 and a 200-day moving average of $562.17. The stock has a market cap of $16.69 billion, a price-to-earnings ratio of 20.09, a PEG ratio of 1.89 and a beta of 1.10.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, October 22nd. The construction company reported $6.98 earnings per share for the quarter, beating analysts’ consensus estimates of $6.69 by $0.29. Lennox International had a return on equity of 91.96% and a net margin of 15.74%.The business had revenue of $1.43 billion for the quarter, compared to analysts’ expectations of $1.54 billion. During the same quarter in the prior year, the business earned $6.68 EPS. The firm’s revenue for the quarter was down 4.8% on a year-over-year basis. Lennox International has set its FY 2025 guidance at 22.750-23.250 EPS. On average, equities research analysts expect that Lennox International, Inc. will post 22.94 earnings per share for the current year.

Lennox International Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, October 15th. Stockholders of record on Tuesday, September 30th were issued a dividend of $1.30 per share. This represents a $5.20 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Tuesday, September 30th. Lennox International’s payout ratio is currently 21.95%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Amundi increased its holdings in Lennox International by 33.1% in the 1st quarter. Amundi now owns 189,571 shares of the construction company’s stock valued at $103,661,000 after buying an additional 47,170 shares during the period. Achmea Investment Management B.V. boosted its position in shares of Lennox International by 2.8% during the 2nd quarter. Achmea Investment Management B.V. now owns 93,893 shares of the construction company’s stock worth $53,823,000 after acquiring an additional 2,555 shares in the last quarter. Russell Investments Group Ltd. boosted its position in shares of Lennox International by 118.3% during the 1st quarter. Russell Investments Group Ltd. now owns 92,618 shares of the construction company’s stock worth $51,932,000 after acquiring an additional 50,188 shares in the last quarter. Baird Financial Group Inc. increased its stake in Lennox International by 25.3% in the first quarter. Baird Financial Group Inc. now owns 91,595 shares of the construction company’s stock valued at $51,369,000 after acquiring an additional 18,502 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position in Lennox International by 296.0% during the second quarter. Ameriprise Financial Inc. now owns 71,815 shares of the construction company’s stock valued at $41,168,000 after purchasing an additional 53,679 shares in the last quarter. Institutional investors and hedge funds own 67.07% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Weiss Ratings lowered Lennox International from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Saturday, October 25th. JPMorgan Chase & Co. lowered their price objective on Lennox International from $501.00 to $493.00 and set an “underweight” rating on the stock in a research report on Thursday, October 23rd. Barclays dropped their target price on Lennox International from $730.00 to $700.00 and set an “overweight” rating for the company in a report on Thursday, October 23rd. Wells Fargo & Company decreased their price target on shares of Lennox International from $575.00 to $545.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 23rd. Finally, KeyCorp reiterated a “sector weight” rating on shares of Lennox International in a research note on Thursday, October 23rd. Four research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $600.17.

About Lennox International

Lennox International Inc, together with its subsidiaries, designs, manufactures, and markets a range of products for the heating, ventilation, air conditioning, and refrigeration markets in the United States, Canada, and internationally. The Home Comfort Solutions segment provides furnaces, air conditioners, heat pumps, packaged heating and cooling systems, indoor air quality equipment, comfort control products, and replacement parts and supplies; residential heating, ventilation, cooling equipment, and air conditioning; and evaporator coils and unit heaters under Lennox, Dave Lennox Signature Collection, Armstrong Air, Ducane, AirEase, Concord, MagicPak, Advanced Distributor Products, Allied, Elite Series, Merit Series, Comfort Sync, Healthy Climate, iComfort, ComfortSense, and Lennox Stores name.