Joseph Nassab, Executive Vice President and President of Building Climate Solutions at Lennox International Inc (LII, Financial), sold 643 shares of the company on November 5, 2024, according to a recent SEC Filing. Following this transaction, the insider now directly owns 8,060 shares in the company.
Lennox International Inc, a global leader in the heating, air conditioning, and refrigeration markets, is committed to providing sustainable solutions by innovating energy-efficient products and services.
Over the past year, Joseph Nassab has engaged in multiple transactions, selling a total of 2,925 shares and purchasing none. This recent sale is part of a broader trend observed within the company, where there have been 22 insider sells and no insider buys over the last year.
Shares of Lennox International Inc were priced at $619.11 on the day of the sale. The company currently holds a market cap of approximately $21.93 billion. The price-earnings ratio stands at 29.23, which is above both the industry median of 15.82 and the company's historical median.
According to the GF Value, the intrinsic value of Lennox International Inc is estimated at $370.10 per share, making the current price represent a price-to-GF-Value ratio of 1.67. This suggests that the stock is significantly overvalued.
The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor related to past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might draw attention from investors, especially considering the stock's current valuation and the ongoing trends in insider transactions at Lennox International Inc.
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.
