Todd J. Teske Sells 1,000 Shares of Lennox International Inc. (NYSE:LII) Stock

Posted by Defense World Staff on Nov 2nd, 2023

Lennox International Inc. (NYSE:LII – Get Free Report) Director Todd J. Teske sold 1,000 shares of the stock in a transaction dated Monday, October 30th. The stock was sold at an average price of $366.85, for a total value of $366,850.00. Following the sale, the director now owns 10,106 shares of the company’s stock, valued at $3,707,386.10. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Lennox International Price Performance

Lennox International stock opened at $383.47 on Thursday. Lennox International Inc. has a 52 week low of $227.37 and a 52 week high of $393.02. The company’s 50 day moving average price is $372.00 and its two-hundred day moving average price is $334.30. The company has a quick ratio of 0.79, a current ratio of 1.39 and a debt-to-equity ratio of 7.03. The stock has a market cap of $13.63 billion, a P/E ratio of 25.31, a P/E/G ratio of 2.96 and a beta of 0.95.

Lennox International (NYSE:LII – Get Free Report) last posted its earnings results on Thursday, October 26th. The construction company reported $5.37 EPS for the quarter, topping the consensus estimate of $4.73 by $0.64. Lennox International had a net margin of 10.97% and a negative return on equity of 2,262.68%. The firm had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.28 billion. During the same quarter last year, the firm earned $4.10 EPS. The company’s quarterly revenue was up 10.2% compared to the same quarter last year. On average, equities analysts predict that Lennox International Inc. will post 17.66 earnings per share for the current year.

Hedge Funds Weigh In On Lennox International

Hedge funds have recently modified their holdings of the company. Private Trust Co. NA increased its stake in shares of Lennox International by 43.6% during the 2nd quarter. Private Trust Co. NA now owns 145 shares of the construction company’s stock worth $47,000 after purchasing an additional 44 shares during the last quarter. Desjardins Global Asset Management Inc. grew its stake in Lennox International by 9.2% in the 1st quarter. Desjardins Global Asset Management Inc. now owns 662 shares of the construction company’s stock valued at $166,000 after buying an additional 56 shares in the last quarter. Captrust Financial Advisors grew its stake in Lennox International by 2.8% in the 4th quarter. Captrust Financial Advisors now owns 4,278 shares of the construction company’s stock valued at $1,023,000 after buying an additional 115 shares in the last quarter. Public Employees Retirement System of Ohio grew its stake in Lennox International by 0.8% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 16,911 shares of the construction company’s stock valued at $3,766,000 after buying an additional 141 shares in the last quarter. Finally, Lazard Asset Management LLC grew its stake in Lennox International by 40.8% in the 4th quarter. Lazard Asset Management LLC now owns 659 shares of the construction company’s stock valued at $157,000 after buying an additional 191 shares in the last quarter. Institutional investors own 67.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on LII shares. Robert W. Baird increased their price target on Lennox International from $375.00 to $400.00 in a report on Friday, July 28th. StockNews.com initiated coverage on shares of Lennox International in a research report on Thursday, October 5th. They set a “hold” rating on the stock. Royal Bank of Canada initiated coverage on shares of Lennox International in a research report on Wednesday, August 16th. They set a “sector perform” rating and a $391.00 price objective on the stock. KeyCorp increased their price objective on shares of Lennox International from $400.00 to $415.00 and gave the stock an “overweight” rating in a research report on Monday, October 16th. Finally, Barclays increased their price objective on shares of Lennox International from $350.00 to $400.00 and gave the stock an “equal weight” rating in a research report on Wednesday, October 4th. Six investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $392.09.

Check Out Our Latest Analysis on Lennox International

Lennox International Company Profile

(Get Free Report)

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. It operates through three segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration.