Lennox International VP sells shares worth $124,974

Published 24/02/2025, 17:34
Lennox International VP sells shares worth $124,974

Chris Kosel, the Vice President and Corporate Controller at Lennox International Inc. (NYSE:LII), recently sold 194 shares of the company’s common stock. Lennox, with a market capitalization of $22 billion and a "GREAT" financial health rating according to InvestingPro, has maintained dividend payments for 26 consecutive years with 15 years of consecutive increases. The transaction, which took place on February 21, 2025, was executed at a price of $644.20 per share, amounting to a total value of $124,974. Following this sale, Kosel retains ownership of 1,282 shares in the company. This transaction was reported in a Form 4 filing with the Securities and Exchange Commission. The stock currently trades slightly above its Fair Value, with a strong return on equity of 142% over the last twelve months. For comprehensive insider trading analysis and 13 additional ProTips about Lennox International, visit InvestingPro.

In other recent news, Lennox International Inc. reported strong financial results for the fourth quarter of 2024, surpassing earnings and revenue expectations. The company achieved an earnings per share (EPS) of $5.60, significantly above the projected $4.15, while revenue reached $1.3 billion, exceeding the forecasted $1.23 billion. Despite these positive figures, Lennox’s stock declined in aftermarket trading. The company marked its eighth consecutive quarter of double-digit year-over-year adjusted EPS growth, with record annual revenue exceeding $5 billion. Looking ahead, Lennox projects a core revenue increase of approximately 2% for 2025, with adjusted EPS expected to range between $22 and $23.50. Analyst discussions during the earnings call highlighted the impact of a $125 million pre-buy and the challenges associated with the refrigerant transition. Lennox remains focused on strategic growth initiatives, including a new commercial factory and expanded product offerings, to drive future performance.

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