Lennox International Inc. (NYSE:LII) EVP Daniel M. Sessa Sells 2,052 Shares

Lennox International Inc. (NYSE:LII – Get Rating) EVP Daniel M. Sessa sold 2,052 shares of the stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $245.80, for a total value of $504,381.60. Following the sale, the executive vice president now owns 44,256 shares in the company, valued at $10,878,124.80. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Lennox International Trading Down 0.6 %

Lennox International stock traded down $1.36 during trading on Friday, reaching $243.99. The company had a trading volume of 477,180 shares, compared to its average volume of 307,277. Lennox International Inc. has a 52 week low of $182.85 and a 52 week high of $279.31. The firm’s 50-day simple moving average is $254.91 and its 200 day simple moving average is $247.68. The firm has a market capitalization of $8.66 billion, a price-to-earnings ratio of 17.57, a price-to-earnings-growth ratio of 7.59 and a beta of 0.92.

Lennox International (NYSE:LII – Get Rating) last announced its earnings results on Tuesday, January 31st. The construction company reported $2.63 EPS for the quarter, topping analysts’ consensus estimates of $2.55 by $0.08. Lennox International had a negative return on equity of 152.66% and a net margin of 10.53%. The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period last year, the firm earned $2.35 EPS. Lennox International’s revenue for the quarter was up 13.4% compared to the same quarter last year. On average, analysts predict that Lennox International Inc. will post 14.84 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. StockNews.com began coverage on Lennox International in a research note on Thursday. They set a “hold” rating on the stock. Robert W. Baird increased their price target on Lennox International from $250.00 to $265.00 in a report on Thursday, December 15th. Barclays increased their price target on Lennox International from $240.00 to $248.00 and gave the company an “equal weight” rating in a report on Wednesday, February 1st. Wells Fargo & Company increased their price target on Lennox International from $288.00 to $300.00 and gave the company an “overweight” rating in a report on Wednesday, February 1st. Finally, Deutsche Bank Aktiengesellschaft increased their price target on Lennox International from $284.00 to $300.00 in a report on Thursday, December 15th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $259.92.

Institutional Investors Weigh In On Lennox International

A number of institutional investors and hedge funds have recently bought and sold shares of LII. QV Investors Inc. bought a new stake in Lennox International during the third quarter valued at about $8,940,000. UBS Asset Management Americas Inc. raised its holdings in Lennox International by 22.7% during the second quarter. UBS Asset Management Americas Inc. now owns 194,141 shares of the construction company’s stock valued at $40,108,000 after acquiring an additional 35,933 shares during the period. Tudor Investment Corp Et Al raised its holdings in Lennox International by 668.4% during the third quarter. Tudor Investment Corp Et Al now owns 40,958 shares of the construction company’s stock valued at $9,120,000 after acquiring an additional 35,628 shares during the period. Teachers Retirement System of The State of Kentucky bought a new stake in Lennox International during the third quarter valued at about $6,474,000. Finally, Geode Capital Management LLC raised its holdings in Lennox International by 4.4% during the fourth quarter. Geode Capital Management LLC now owns 476,117 shares of the construction company’s stock valued at $113,781,000 after acquiring an additional 20,137 shares during the period. 68.99% of the stock is owned by institutional investors.

Lennox International Company Profile

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Lennox International, Inc engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following business segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Residential Heating & Cooling segment manufactures and markets furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment, and accessories.