Lennox International, Inc. (LII) to Issue Quarterly Dividend of $1.30 on April 15th

Lennox International, Inc. (NYSE:LII) declared a quarterly dividend on Friday, March 20th. Stockholders of record on Tuesday, March 31st will be paid a dividend of 1.30 per share by the construction company on Wednesday, April 15th. This represents a c) annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Tuesday, March 31st.

Lennox International has increased its dividend payment by an average of 0.1%per year over the last three years and has raised its dividend annually for the last 16 consecutive years. Lennox International has a dividend payout ratio of 20.6% meaning its dividend is sufficiently covered by earnings. Analysts expect Lennox International to earn $25.70 per share next year, which means the company should continue to be able to cover its $5.20 annual dividend with an expected future payout ratio of 20.2%.

Lennox International Stock Performance

Shares of NYSE LII opened at $468.37 on Friday. The stock’s 50-day moving average is $524.17 and its 200 day moving average is $515.57. The stock has a market cap of $16.30 billion, a price-to-earnings ratio of 21.06, a P/E/G ratio of 1.80 and a beta of 1.16. Lennox International has a 1-year low of $443.19 and a 1-year high of $689.44. The company has a current ratio of 1.60, a quick ratio of 0.63 and a debt-to-equity ratio of 0.98.

Lennox International (NYSE:LII) last issued its earnings results on Wednesday, January 28th. The construction company reported $4.45 earnings per share (EPS) 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 firm had revenue of $1.20 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period in the prior year, the company earned $5.60 EPS. The firm’s quarterly revenue 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. On average, sell-side analysts anticipate that Lennox International will post 22.94 EPS for the current fiscal year.

Insider Transactions at Lennox International

In related news, CAO Chris Kosel sold 254 shares of Lennox International stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $536.50, for a total value of $136,271.00. Following the transaction, the chief accounting officer directly owned 1,090 shares of the company’s stock, valued at $584,785. The trade was a 18.90% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Todd J. Teske sold 700 shares of the company’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $533.45, for a total transaction of $373,415.00. Following the sale, the director owned 6,881 shares of the company’s stock, valued at $3,670,669.45. This represents a 9.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,054 shares of company stock worth $563,687. Insiders own 9.73% of the company’s stock.

Hedge Funds Weigh In On Lennox International

Several hedge funds and other institutional investors have recently modified their holdings of LII. Nicholas Company Inc. grew its stake in shares of Lennox International by 0.4% in the fourth quarter. Nicholas Company Inc. now owns 6,600 shares of the construction company’s stock worth $3,205,000 after purchasing an additional 25 shares during the last quarter. Huntington National Bank raised its position in Lennox International by 51.8% during the 4th quarter. Huntington National Bank now owns 85 shares of the construction company’s stock valued at $41,000 after purchasing an additional 29 shares during the last quarter. Bessemer Group Inc. lifted its holdings in Lennox International by 52.8% in the 3rd quarter. Bessemer Group Inc. now owns 110 shares of the construction company’s stock worth $59,000 after buying an additional 38 shares during the period. Valeo Financial Advisors LLC lifted its holdings in Lennox International by 10.3% in the 4th quarter. Valeo Financial Advisors LLC now owns 418 shares of the construction company’s stock worth $203,000 after buying an additional 39 shares during the period. Finally, Eukles Asset Management grew its position in shares of Lennox International by 4.2% in the 4th quarter. Eukles Asset Management now owns 1,125 shares of the construction company’s stock worth $546,000 after buying an additional 45 shares during the last quarter. 67.07% of the stock is owned by 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.