Executive Vice President Joseph Reitmeier has sold 1,930 shares of Lennox International Inc (NYSE:LII) on February 28, 2024, according to a recent SEC Filing. The transaction was executed at an average price of $471.48 per share, resulting in a total value of $910,155.40.
Lennox International Inc is a global leader in the heating, air conditioning, and refrigeration markets. The company is committed to providing innovative solutions that improve indoor air comfort and performance, delivering energy-efficient products and services to a wide range of customers.
Over the past year, the insider has sold a total of 12,277 shares of Lennox International Inc and has not made any purchases of the stock. This latest transaction continues a pattern of insider sales for the company.
The insider transaction history for Lennox International Inc shows a trend of more insider sales than buys over the past year, with 1 insider buy and 15 insider sells recorded.
On the valuation front, Lennox International Inc's shares were trading at $471.48 on the day of the insider's recent sale, giving the company a market capitalization of $16.83 billion. The price-earnings ratio stands at 28.59, which is above both the industry median of 15.33 and the company's historical median price-earnings ratio.
According to the GuruFocus Value chart, with a stock price of $471.48 and a GF Value of $357.59, Lennox International Inc is currently significantly overvalued, with a price-to-GF-Value ratio of 1.32.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
