Lennox International (NYSE:LII) CAO Chris Kosel Sells 254 Shares of Stock

Lennox International, Inc. (NYSE:LII) CAO Chris Kosel sold 254 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $536.50, for a total transaction of $136,271.00. Following the sale, the chief accounting officer directly owned 1,090 shares in the company, valued at $584,785. This trade represents a 18.90% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Lennox International Stock Down 0.5%

Lennox International stock traded down $2.68 during trading hours on Friday, hitting $531.85. The stock had a trading volume of 25,676 shares, compared to its average volume of 520,696. Lennox International, Inc. has a 12-month low of $443.19 and a 12-month high of $689.44. The stock has a market capitalization of $18.65 billion, a P/E ratio of 23.81, a price-to-earnings-growth ratio of 2.07 and a beta of 1.18. The stock’s 50-day moving average price is $505.22 and its 200-day moving average price is $530.79. The company has a quick ratio of 0.63, a current ratio of 1.60 and a debt-to-equity ratio of 0.98.

Lennox International (NYSE:LII) last posted its quarterly earnings results on Wednesday, January 28th. The construction company reported $4.45 earnings per share for the quarter, missing the consensus estimate of $4.76 by ($0.31). Lennox International had a return on equity of 80.23% and a net margin of 15.13%.The business had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the prior year, the firm earned $5.60 EPS. The firm’s revenue for the quarter was down 11.2% compared to the same quarter last year. Lennox International has set its FY 2026 guidance at 23.500-25.000 EPS. Equities research analysts anticipate that Lennox International, Inc. will post 22.94 EPS for the current fiscal year.

Lennox International Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 15th. Stockholders of record on Wednesday, December 31st were given a dividend of $1.30 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $5.20 annualized dividend and a dividend yield of 1.0%. Lennox International’s dividend payout ratio is presently 23.38%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Wolfe Research upgraded shares of Lennox International from an “underperform” rating to a “peer perform” rating in a research note on Thursday, November 13th. Barclays lowered their target price on Lennox International from $680.00 to $667.00 and set an “overweight” rating on the stock in a research report on Wednesday, January 7th. JPMorgan Chase & Co. upped their price target on Lennox International from $493.00 to $541.00 and gave the stock an “underweight” rating in a research report on Friday, January 16th. Wells Fargo & Company lowered their price objective on Lennox International from $525.00 to $520.00 and set an “equal weight” rating on the stock in a research report on Thursday, January 29th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Lennox International in a research note on Thursday, January 22nd. Four analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Lennox International presently has an average rating of “Hold” and an average price target of $593.00.

Institutional Investors Weigh In On Lennox International

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. KLP Kapitalforvaltning AS grew its position in Lennox International by 1.9% in the 2nd quarter. KLP Kapitalforvaltning AS now owns 10,600 shares of the construction company’s stock valued at $6,088,000 after acquiring an additional 200 shares during the last quarter. New York State Teachers Retirement System grew its stake in Lennox International by 0.3% in the 2nd quarter. New York State Teachers Retirement System now owns 31,831 shares of the construction company’s stock worth $18,247,000 after acquiring an additional 101 shares in the last quarter. Applied Finance Capital Management LLC purchased a new position in shares of Lennox International during the second quarter worth approximately $508,000. Whittier Trust Co. raised its stake in shares of Lennox International by 125.0% during the second quarter. Whittier Trust Co. now owns 81 shares of the construction company’s stock valued at $46,000 after acquiring an additional 45 shares in the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. grew its stake in Lennox International by 4.4% in the second quarter. Sumitomo Mitsui Trust Group Inc. now owns 65,592 shares of the construction company’s stock worth $37,600,000 after purchasing an additional 2,777 shares in the last quarter. 67.07% of the stock is currently owned by hedge funds and other institutional investors.

About Lennox International

Lennox International Inc is a global manufacturer of climate control products and services, principally serving residential and commercial heating, ventilation and air conditioning (HVAC) markets. The company designs, engineers and produces a range of products including furnaces, air conditioners, heat pumps, air handlers, packaged rooftop units and related controls and indoor air quality equipment. Lennox also supplies aftermarket parts and accessories and supports its product lines with technical service, training and warranty programs for dealer and distribution partners.

Originally founded in 1895 by Dave Lennox, the company has grown from its early roots into a multinational business with operations concentrated in North America and a presence in other international markets.