Daniel M. Sessa Sells 2,052 Shares of Lennox International Inc. (NYSE:LII) Stock

Lennox International Inc. (NYSE:LIIGet Rating) EVP Daniel M. Sessa sold 2,052 shares of Lennox International stock in a transaction on Thursday, March 16th. The shares were sold at an average price of $245.80, for a total value of $504,381.60. Following the completion of the sale, the executive vice president now directly owns 44,256 shares of the company’s stock, valued at $10,878,124.80. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Lennox International Price Performance

NYSE LII opened at $243.99 on Friday. The firm has a market cap of $8.65 billion, a P/E ratio of 17.57, a P/E/G ratio of 7.41 and a beta of 0.92. The stock’s 50-day moving average is $254.92 and its 200-day moving average is $247.68. Lennox International Inc. has a one year low of $182.85 and a one year high of $279.31.

Lennox International (NYSE:LIIGet Rating) last released its quarterly earnings results on Tuesday, January 31st. The construction company reported $2.63 EPS for the quarter, topping analysts’ consensus estimates of $2.55 by $0.08. The company had revenue of $1.09 billion for the quarter, compared to analyst estimates of $1.10 billion. Lennox International had a negative return on equity of 152.66% and a net margin of 10.53%. Lennox International’s revenue was up 13.4% compared to the same quarter last year. During the same quarter last year, the firm posted $2.35 earnings per share. Equities analysts anticipate that Lennox International Inc. will post 14.84 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on LII. Barclays raised their price target on Lennox International from $240.00 to $248.00 and gave the company an “equal weight” rating in a report on Wednesday, February 1st. Mizuho upgraded Lennox International from an “underperform” rating to a “neutral” rating and raised their price target for the company from $210.00 to $260.00 in a report on Friday, December 16th. Wells Fargo & Company raised their price target on Lennox International from $288.00 to $300.00 and gave the company an “overweight” rating in a report on Wednesday, February 1st. Morgan Stanley raised their price target on Lennox International from $258.00 to $279.00 and gave the company an “equal weight” rating in a report on Wednesday, February 1st. Finally, Robert W. Baird raised their target price on Lennox International from $250.00 to $265.00 in a report on Thursday, December 15th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $259.92.

Institutional Investors Weigh In On Lennox International

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Procyon Advisors LLC raised its position in Lennox International by 5.3% in the 4th quarter. Procyon Advisors LLC now owns 1,218 shares of the construction company’s stock valued at $291,000 after buying an additional 61 shares during the last quarter. Tredje AP fonden raised its position in Lennox International by 1.1% in the 4th quarter. Tredje AP fonden now owns 6,447 shares of the construction company’s stock valued at $1,542,000 after buying an additional 69 shares during the last quarter. Oregon Public Employees Retirement Fund raised its position in Lennox International by 0.8% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 9,487 shares of the construction company’s stock valued at $2,270,000 after buying an additional 71 shares during the last quarter. Private Trust Co. NA raised its position in Lennox International by 211.1% in the 3rd quarter. Private Trust Co. NA now owns 112 shares of the construction company’s stock valued at $25,000 after buying an additional 76 shares during the last quarter. Finally, Eagle Bay Advisors LLC increased its position in shares of Lennox International by 38.5% during the 4th quarter. Eagle Bay Advisors LLC now owns 385 shares of the construction company’s stock worth $92,000 after purchasing an additional 107 shares during the last quarter. Institutional investors and hedge funds own 68.99% of the company’s stock.

Lennox International Company Profile

(Get Rating)

Lennox International, Inc engages in the design, manufacture, and marketing of products for heating, ventilation, air conditioning, and refrigeration. It operates through the following business segments: Residential Heating & Cooling, Commercial Heating & Cooling, and Refrigeration. The Residential Heating & Cooling segment manufactures and markets furnaces, air conditioners, heat pumps, packaged heating and cooling systems, equipment, and accessories.

See Also

Receive News & Ratings for Lennox International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lennox International and related companies with MarketBeat.com's FREE daily email newsletter.