Lennox International Director Sells 3,190 Shares Worth $1.93M

Lennox International Director John W. Norris sold 3,190 shares for $1.93mln on July 7, 2025. Analysts have raised price targets for the company, with Wells Fargo increasing its target from $500 to $550 and Mizuho raising its target from $500 to $595. The stock has seen positive developments, including a joint venture with Ariston Group and a $1 bln increase in stock buyback authorization.

Lennox International Inc. (LII) has seen significant insider activity and positive analyst updates recently. On July 3, 2025, Director Norris John W. III sold 3,190 shares of the company’s common stock at a price of $606 per share, totaling a transaction value of $1.93 million [1]. This sale comes amid a period of strong financial performance and strategic initiatives for the company.

Following the sale, Norris directly owns 204,096 shares of Lennox International. Additionally, he holds significant indirect ownership through various trusts [1]. The sale does not appear to indicate immediate concerns about the company’s financial health. Lennox has maintained dividend payments for 27 consecutive years, with 15 years of consecutive increases, and recently raised its quarterly dividend by 13% to $1.30 per share [1]. The company also expanded its stock repurchase program by $1 billion, highlighting its strong financial position and commitment to shareholder returns.

In recent news, Lennox introduced the Elite Series EL18KSLV Side Discharge Heat Pump, designed for homes with limited outdoor space. This new unit offers high energy efficiency with ratings up to 19.00 SEER2 and 10.00 HSPF2, potentially reducing energy consumption. The company also announced the appointment of Tracy A. Embree as a Class III Director, effective June 1, 2025 [1].

Analysts have raised their price targets for Lennox International. Wells Fargo analyst Joseph O’Dea raised the firm’s price target from $500 to $550, maintaining an Underweight rating [3]. Mizuho raised Lennox’s price target from $500 to $595, reflecting optimism in the company’s performance [3]. These updates come as Lennox has seen positive developments, including entering a joint venture with Ariston Group and increasing its stock buyback authorization by $1 billion [3].

Lennox International’s overall stock score of 75 reflects strong financial performance, with efficient operations and cash flow management leading the assessment. While technical analysis and valuation present concerns, such as bearish momentum and stretched valuation, the company’s strategic initiatives and balanced earnings call sentiment provide a stable outlook [3].

References:
[1] https://www.ainvest.com/news/lennox-international-director-norris-john-iii-sells-3-190-shares-606-share-2025-07-03-2507/
[2] https://www.dailychhattisgarh.com/latest/lennox-director-cashes-in-john-norris-sells-1-9-million-in-company-stock/4951/
[3] https://www.tipranks.com/news/insider-trading/lennox-international-director-makes-major-stock-sale-insider-trading