Jupiter Topco LLC Invests $954,000 in LCI Industries $LCII

Jupiter Topco LLC purchased a new stake in LCI Industries (NYSE:LCIIFree Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,989 shares of the company’s stock, valued at approximately $954,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Dimensional Fund Advisors LP grew its holdings in LCI Industries by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,412,102 shares of the company’s stock valued at $173,656,000 after buying an additional 20,943 shares in the last quarter. Principal Financial Group Inc. raised its holdings in shares of LCI Industries by 36.7% during the 1st quarter. Principal Financial Group Inc. now owns 655,917 shares of the company’s stock worth $80,666,000 after acquiring an additional 176,101 shares during the period. Bank of Montreal Can grew its holdings in shares of LCI Industries by 5.2% in the third quarter. Bank of Montreal Can now owns 458,478 shares of the company’s stock valued at $42,707,000 after purchasing an additional 22,634 shares during the period. Bank of New York Mellon Corp increased its position in LCI Industries by 29.0% during the fourth quarter. Bank of New York Mellon Corp now owns 429,541 shares of the company’s stock worth $52,120,000 after purchasing an additional 96,572 shares during the last quarter. Finally, Fort Washington Investment Advisors Inc. OH increased its position in LCI Industries by 23.7% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 231,782 shares of the company’s stock worth $24,541,000 after purchasing an additional 44,341 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

LCI Industries Trading Up 1.2%

NYSE LCII opened at $102.29 on Friday. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.49 and a quick ratio of 1.20. The stock has a market capitalization of $2.49 billion, a P/E ratio of 11.89 and a beta of 1.18. The firm’s 50-day moving average is $104.37 and its two-hundred day moving average is $112.85. LCI Industries has a 12 month low of $84.33 and a 12 month high of $159.66.

LCI Industries (NYSE:LCIIGet Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.58 by $0.12. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The business had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period last year, the business earned $2.39 earnings per share. The business’s revenue for the quarter was down 12.6% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. On average, sell-side analysts anticipate that LCI Industries will post 8.45 earnings per share for the current year.

LCI Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were issued a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 4.5%. The ex-dividend date was Friday, August 21st. LCI Industries’s dividend payout ratio (DPR) is 53.49%.

Analyst Ratings Changes

Several equities analysts have weighed in on LCII shares. Zacks Research lowered shares of LCI Industries from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. BMO Capital Markets set a $118.00 price target on shares of LCI Industries in a report on Thursday, August 6th. Roth Capital reaffirmed a “buy” rating and set a $135.00 price target (down from $155.00) on shares of LCI Industries in a research report on Monday, August 10th. Benchmark reduced their price target on shares of LCI Industries from $150.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, June 23rd. Finally, Jefferies Financial Group reiterated a “hold” rating and issued a $120.00 price objective on shares of LCI Industries in a report on Thursday, August 6th. Three investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $126.25.

Get Our Latest Analysis on LCI Industries

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.

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

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