Lennox International Inc (LII): Todd M Bluedorn , Chairman and CEO of Lennox International Inc sold 28,184 shares on May 24, 2016. The Insider selling transaction was reported by the company on May 25, 2016 to the Securities and Exchange Commission. The shares were sold at $134.05 per share for a total value of $3,788,628.50 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on May 6, 2016, John W Iii Norris (director) sold 2,000 shares at $135.35 per share price.On Apr 29, 2016, Daniel M Sessa (EVP, Chief HR Officer) sold 4,016 shares at $136.56 per share price.Also, On Apr 26, 2016, John E Major (director) sold 1,000 shares at $137.23 per share price.On Mar 21, 2016, Roy A Rumbough (other) sold 819 shares at $131.63 per share price.
Lennox International: On Friday, May 20, 2016 heightened volatility was witnessed in Lennox International which led to swings in the share price. The shares opened for trading at $133.75 and hit $133.93 on the upside , eventually ending the session at $133.56, with a gain of 0.36% or 0.48 points. The heightened volatility saw the trading volume jump to 2,57,194 shares. The 52-week high of the share price is $143.19 and the company has a market cap of $5,824 M . The 52-week low of the share price is at $105.65.
On May 11, 2016, Lennox International announced a cash dividend of $0.4300. The company’s management has announced Jun 28, 2016 as the ex-dividend date and fixed the record date on Jun 30, 2016. The payable date has been fixed on Jul 15, 2016.
Company has been under the radar of several Street Analysts.Lennox International is Upgraded by Seaport Global Securities to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Apr 19, 2016.Lennox International is Downgraded by KeyBanc Capital Mkts to Sector Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Apr 14, 2016.Lennox International is Downgraded by Goldman to Neutral and the brokerage firm has set the Price Target at $136. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 28, 2016.
Lennox International Inc. (LII) is a provider of climate control solutions. The Company designs manufactures and market a range of products for the heating ventilation air conditioning and refrigeration (HVACR) markets. The Company operates in three segments. The Residential Heating & Cooling segment’s products and services include furnaces air conditioners heat pumps packaged heating and cooling systems indoor air equipment comfort control products and replacement parts. The Commercial Heating & Cooling segment’s products and services include unitary heating and air conditioning equipment applied systems controls installation and service of commercial heating and cooling equipment. The Refrigeration segment’s products and services include condensing units unit coolers fluid coolers air cooled condensers air handlers process chillers controls compressorized racks supermarket display cases and systems.