Intech Investment Management LLC Sells 8,939 Shares of LCI Industries $LCII

Intech Investment Management LLC decreased its position in LCI Industries (NYSE:LCIIFree Report) by 40.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 13,372 shares of the company’s stock after selling 8,939 shares during the quarter. Intech Investment Management LLC owned about 0.06% of LCI Industries worth $1,623,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Huntington National Bank grew its stake in shares of LCI Industries by 79.8% in the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after buying an additional 91 shares in the last quarter. Salomon & Ludwin LLC grew its stake in shares of LCI Industries by 1,818.2% in the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock valued at $26,000 after buying an additional 200 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of LCI Industries in the 4th quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of LCI Industries by 358.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock valued at $58,000 after buying an additional 488 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in shares of LCI Industries by 36.8% in the 4th quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock valued at $63,000 after buying an additional 139 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

LCII has been the subject of several recent research reports. Zacks Research cut LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. BMO Capital Markets reissued a “market perform” rating and issued a $155.00 price target on shares of LCI Industries in a research note on Wednesday, February 18th. Weiss Ratings cut LCI Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 20th. Benchmark reduced their target price on LCI Industries from $175.00 to $150.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Finally, Truist Financial reduced their target price on LCI Industries from $147.00 to $135.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $149.29.

View Our Latest Report on LCI Industries

LCI Industries Stock Down 9.8%

LCII opened at $96.30 on Friday. The business has a 50 day moving average price of $116.83 and a 200 day moving average price of $125.81. LCI Industries has a twelve month low of $84.33 and a twelve month high of $159.66. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.20 and a current ratio of 2.91. The firm has a market cap of $2.34 billion, a P/E ratio of 11.83 and a beta of 1.17.

LCI Industries (NYSE:LCIIGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share for the quarter, topping the consensus estimate of $2.22 by $0.37. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.The firm had revenue of $1.09 billion during the quarter, compared to analyst estimates of $1.08 billion. During the same period in the previous year, the company earned $2.19 EPS. The company’s revenue for the quarter was up 4.3% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. Research analysts forecast that LCI Industries will post 8.95 EPS for the current year.

LCI Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be issued a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 4.8%. The ex-dividend date is Friday, May 29th. LCI Industries’s payout ratio is 56.51%.

LCI Industries Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for LCI Industries (NYSE:LCII)

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