Quantinno Capital Management LP boosted its stake in shares of LCI Industries (NYSE:LCII – Free Report) by 180.0% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,365 shares of the company’s stock after buying an additional 13,092 shares during the quarter. Quantinno Capital Management LP owned approximately 0.08% of LCI Industries worth $2,505,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Huntington National Bank raised its position in LCI Industries by 79.8% in the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares during the period. Salomon & Ludwin LLC grew its position in shares of LCI Industries by 1,818.2% during the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock valued at $26,000 after acquiring an additional 200 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of LCI Industries during the 4th quarter worth approximately $30,000. Clearstead Advisors LLC increased its stake in shares of LCI Industries by 36.8% during the 4th quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock worth $63,000 after purchasing an additional 139 shares during the last quarter. Finally, Kestra Advisory Services LLC bought a new stake in shares of LCI Industries in the 4th quarter worth approximately $64,000. Hedge funds and other institutional investors own 99.71% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on LCII shares. Truist Financial dropped their price objective on LCI Industries from $135.00 to $114.00 and set a “hold” rating on the stock in a research note on Wednesday, July 8th. Weiss Ratings lowered LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Benchmark lowered their target price on LCI Industries from $150.00 to $125.00 and set a “buy” rating on the stock in a research note on Tuesday, June 23rd. Zacks Research downgraded LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a $120.00 price objective on shares of LCI Industries in a report on Thursday. Three equities research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $129.88.
LCI Industries Stock Performance
Shares of LCII stock opened at $108.86 on Monday. The firm’s 50 day moving average is $100.79 and its 200 day moving average is $119.15. The stock has a market capitalization of $2.65 billion, a P/E ratio of 12.66 and a beta of 1.18. LCI Industries has a 12 month low of $84.33 and a 12 month high of $159.66. The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59.
LCI Industries (NYSE:LCII – Get Free Report) last released its quarterly earnings data 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 analyst estimates of $1.12 billion. During the same period in the previous year, the business earned $2.39 EPS. LCI Industries’s revenue was down 12.6% compared to the same quarter last year. 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 8.49 earnings per share for the current year.
LCI Industries Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be given a $1.15 dividend. The ex-dividend date is Friday, August 21st. This represents a $4.60 annualized dividend and a dividend yield of 4.2%. LCI Industries’s payout ratio is 53.49%.
LCI Industries Profile
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.
Featured Articles
- Five stocks we like better than LCI Industries
- Albemarle’s Blowout Quarter Shows Why Lithium Still Matters
- Can DICK’S Turn Foot Locker Into a Winner?
- Why Dutch Bros Plunged Despite a Q2 Earnings Beat and Record Revenue
- Take-Two’s Q1 Results Leave GTA 6 Bulls Stuck in the Fog of War
Want to see what other hedge funds are holding LCII? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for LCI Industries (NYSE:LCII – Free Report).
Receive News & Ratings for LCI Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LCI Industries and related companies with MarketBeat.com's FREE daily email newsletter.
