Lennox International, Inc. (LII) EVP Prakash Bedapudi Sells 3,201 Shares of Stock
Lennox International, Inc. (NYSE:LII) EVP Prakash Bedapudi sold 3,201 shares of Lennox International stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $196.25, for a total value of $628,196.25. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of Lennox International, Inc. (NYSE LII) traded down $0.75 during mid-day trading on Friday, reaching $194.25. The company had a trading volume of 286,064 shares, compared to its average volume of 369,026. Lennox International, Inc. has a 1 year low of $146.25 and a 1 year high of $201.40. The company has a current ratio of 1.24, a quick ratio of 0.72 and a debt-to-equity ratio of 23.87. The stock has a market cap of $8,080.00, a P/E ratio of 24.53, a price-to-earnings-growth ratio of 1.42 and a beta of 1.19.
Lennox International (NYSE:LII) last announced its earnings results on Monday, October 23rd. The construction company reported $2.53 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $2.44 by $0.09. Lennox International had a return on equity of 1,657.93% and a net margin of 7.88%. The firm had revenue of $1.05 billion for the quarter, compared to the consensus estimate of $1.04 billion. During the same period in the previous year, the business earned $2.33 EPS. The firm’s revenue for the quarter was up 4.0% on a year-over-year basis. sell-side analysts predict that Lennox International, Inc. will post 7.92 EPS for the current year.
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A number of research analysts have recently issued reports on the company. Morgan Stanley lifted their price target on Lennox International from $161.00 to $166.00 and gave the company an “underweight” rating in a report on Monday, September 25th. Stifel Nicolaus reiterated a “hold” rating on shares of Lennox International in a report on Tuesday, July 25th. Cowen and Company reiterated a “buy” rating and issued a $190.00 price target on shares of Lennox International in a report on Monday, October 23rd. Wolfe Research reiterated a “peer perform” rating on shares of Lennox International in a report on Tuesday, October 3rd. Finally, Cleveland Research assumed coverage on Lennox International in a report on Tuesday, October 3rd. They issued a “neutral” rating on the stock. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and two have issued a buy rating to the company. The stock has an average rating of “Hold” and an average price target of $183.17.
A number of hedge funds have recently made changes to their positions in the stock. YorkBridge Wealth Partners LLC grew its stake in Lennox International by 4.5% during the 2nd quarter. YorkBridge Wealth Partners LLC now owns 648 shares of the construction company’s stock worth $119,000 after buying an additional 28 shares during the last quarter. World Asset Management Inc grew its stake in Lennox International by 2.2% during the 2nd quarter. World Asset Management Inc now owns 2,784 shares of the construction company’s stock valued at $511,000 after purchasing an additional 61 shares during the last quarter. Huntington National Bank grew its stake in Lennox International by 16.7% during the 2nd quarter. Huntington National Bank now owns 566 shares of the construction company’s stock valued at $104,000 after purchasing an additional 81 shares during the last quarter. Arizona State Retirement System grew its stake in Lennox International by 0.6% during the 2nd quarter. Arizona State Retirement System now owns 16,200 shares of the construction company’s stock valued at $2,975,000 after purchasing an additional 100 shares during the last quarter. Finally, Dorsey Wright & Associates grew its stake in Lennox International by 0.5% during the 2nd quarter. Dorsey Wright & Associates now owns 21,830 shares of the construction company’s stock valued at $4,009,000 after purchasing an additional 116 shares during the last quarter. Hedge funds and other institutional investors own 68.99% of the company’s stock.
About Lennox International
Lennox International Inc is a provider of climate control solutions. The Company designs, manufactures and markets a range of products for the heating, ventilation, air conditioning and refrigeration (HVACR) markets. It operates through three segments: Residential Heating & Cooling; Commercial Heating & Cooling, and Refrigeration.
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