Lennox International Inc. (NYSE:LII) – Equities research analysts at KeyCorp issued their Q1 2019 EPS estimates for Lennox International in a report released on Wednesday. KeyCorp analyst J. Hammond expects that the construction company will post earnings of $1.38 per share for the quarter. KeyCorp also issued estimates for Lennox International’s Q2 2019 earnings at $3.97 EPS, Q3 2019 earnings at $3.73 EPS and Q4 2019 earnings at $2.42 EPS.

Lennox International (NYSE:LII) last posted its earnings results on Tuesday, February 6th. The construction company reported $1.68 EPS for the quarter, topping the consensus estimate of $1.65 by $0.03. Lennox International had a net margin of 7.96% and a return on equity of 1,465.51%. The company had revenue of $891.80 million during the quarter, compared to the consensus estimate of $906.85 million. During the same period in the previous year, the firm posted $1.50 earnings per share. The firm’s revenue for the quarter was down .6% on a year-over-year basis.

Several other research analysts have also recently weighed in on LII. UBS Group restated a “neutral” rating and set a $215.00 price target (down from $230.00) on shares of Lennox International in a report on Wednesday, February 7th. Robert W. Baird cut their price target on shares of Lennox International from $232.00 to $228.00 and set an “outperform” rating on the stock in a report on Wednesday, February 7th. Morgan Stanley boosted their price target on shares of Lennox International from $166.00 to $169.00 and gave the stock an “underweight” rating in a report on Tuesday, October 24th. Cowen restated a “buy” rating and set a $190.00 price target on shares of Lennox International in a report on Monday, October 23rd. Finally, Stifel Nicolaus boosted their price target on shares of Lennox International from $187.00 to $192.00 and gave the stock a “hold” rating in a report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, five have assigned a hold rating and two have given a buy rating to the company. The company has an average rating of “Hold” and an average target price of $201.43.

Lennox International (NYSE:LII) traded up $2.01 during trading on Monday, reaching $202.04. 158,748 shares of the company traded hands, compared to its average volume of 300,192. Lennox International has a 1-year low of $157.37 and a 1-year high of $223.05. The stock has a market capitalization of $8,430.38, a PE ratio of 28.24, a PEG ratio of 1.00 and a beta of 1.17. The company has a current ratio of 1.74, a quick ratio of 1.00 and a debt-to-equity ratio of 19.37.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisor Partners LLC purchased a new position in Lennox International in the fourth quarter valued at about $216,000. Achmea Investment Management B.V. purchased a new stake in shares of Lennox International during the 2nd quarter valued at approximately $239,000. Toronto Dominion Bank lifted its stake in shares of Lennox International by 240.8% during the 3rd quarter. Toronto Dominion Bank now owns 1,622 shares of the construction company’s stock valued at $290,000 after buying an additional 1,146 shares in the last quarter. Price Capital Management Inc. purchased a new stake in shares of Lennox International during the 4th quarter valued at approximately $638,000. Finally, Tocqueville Asset Management L.P. lifted its stake in shares of Lennox International by 60.0% during the 3rd quarter. Tocqueville Asset Management L.P. now owns 4,000 shares of the construction company’s stock valued at $716,000 after buying an additional 1,500 shares in the last quarter. Hedge funds and other institutional investors own 68.56% of the company’s stock.

In other Lennox International news, VP Chris Kosel sold 754 shares of the business’s stock in a transaction dated Monday, December 18th. The shares were sold at an average price of $204.37, for a total value of $154,094.98. Following the transaction, the vice president now directly owns 810 shares in the company, valued at $165,539.70. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Chairman Todd M. Bluedorn sold 12,901 shares of the business’s stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $210.95, for a total transaction of $2,721,465.95. Following the completion of the transaction, the chairman now owns 183,360 shares in the company, valued at $38,679,792. The disclosure for this sale can be found here. Over the last quarter, insiders sold 31,890 shares of company stock worth $6,526,081. Corporate insiders own 3.60% of the company’s stock.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Friday, December 29th were paid a $0.51 dividend. This represents a $2.04 dividend on an annualized basis and a yield of 1.01%. The ex-dividend date of this dividend was Thursday, December 28th. Lennox International’s payout ratio is 28.53%.

Lennox International announced that its Board of Directors has approved a share buyback plan on Wednesday, December 13th that allows the company to buyback $300.00 million in outstanding shares. This buyback authorization allows the construction company to purchase shares of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s management believes its stock is undervalued.

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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.

Earnings History and Estimates for Lennox International (NYSE:LII)

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