Jamie Schnur Sells 10,000 Shares of LCI Industries (NYSE:LCII) Stock

LCI Industries (NYSE:LCII) insider Jamie Schnur sold 10,000 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $147.65, for a total value of $1,476,500.00. Following the completion of the sale, the insider owned 29,420 shares in the company, valued at $4,343,863. The trade was a 25.37% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Jamie Schnur also recently made the following trade(s):

• On Monday, February 23rd, Jamie Schnur sold 10,000 shares of LCI Industries stock. The stock was sold at an average price of $144.66, for a total transaction of $1,446,600.00.

LCI Industries Trading Down 0.5%

Shares of NYSE:LCII traded down $0.65 during trading on Tuesday, reaching $141.25. The stock had a trading volume of 261,985 shares, compared to its average volume of 375,308. LCI Industries has a 52 week low of $72.31 and a 52 week high of $159.66. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.14 and a current ratio of 2.85. The firm’s fifty day moving average is $138.56 and its 200 day moving average is $115.17. The stock has a market cap of $3.42 billion, a price-to-earnings ratio of 18.71 and a beta of 1.32.

LCI Industries (NYSE:LCII) last announced its earnings results on Wednesday, February 18th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.20. The business had revenue of $932.70 million during the quarter, compared to the consensus estimate of $913.04 million. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. During the same quarter last year, the firm earned $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, equities analysts forecast that LCI Industries will post 6.76 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have recently commented on LCII. Truist Financial set a $147.00 price objective on shares of LCI Industries in a research report on Tuesday, January 20th. Loop Capital restated a “hold” rating and issued a $149.00 price target on shares of LCI Industries in a report on Thursday, January 22nd. BMO Capital Markets reaffirmed a “market perform” rating and issued a $155.00 price target on shares of LCI Industries in a research note on Wednesday, February 18th. Robert W. Baird set a $150.00 price objective on shares of LCI Industries in a research report on Thursday, February 19th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of LCI Industries in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, LCI Industries presently has a consensus rating of “Hold” and an average target price of $156.67.

Institutional Investors Weigh In On LCI Industries

Hedge funds and other institutional investors have recently made changes to their positions in the business. M&T Bank Corp lifted its position in LCI Industries by 8,419.2% in the 4th quarter. M&T Bank Corp now owns 739,129 shares of the company’s stock valued at $89,686,000 after acquiring an additional 730,453 shares in the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new stake in shares of LCI Industries in the fourth quarter worth approximately $27,142,000. Bank of Montreal Can lifted its holdings in shares of LCI Industries by 70.4% in the second quarter. Bank of Montreal Can now owns 435,844 shares of the company’s stock valued at $39,745,000 after purchasing an additional 180,060 shares in the last quarter. Bridgeway Capital Management LLC purchased a new position in shares of LCI Industries during the second quarter valued at approximately $15,633,000. Finally, Frontier Capital Management Co. LLC grew its holdings in LCI Industries by 47.0% during the second quarter. Frontier Capital Management Co. LLC now owns 504,761 shares of the company’s stock worth $46,029,000 after buying an additional 161,472 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

About LCI Industries

LCI Industries is a publicly traded manufacturer specializing in engineered components and systems for the recreation vehicle (RV), marine and housing industries. The company develops and supplies a diverse range of products designed to enhance comfort, convenience and functionality in mobile and leisure applications. LCI Industries serves original equipment manufacturers (OEMs) and aftermarket customers throughout North America.

The company’s core offerings include power conversion and control systems, slideout mechanisms, entry and docking products, seating and furniture solutions, as well as window and door assemblies.