LCI Industries $LCII Shares Bought by Conestoga Capital Advisors LLC

Conestoga Capital Advisors LLC grew its position in LCI Industries (NYSE:LCII) by 4.8% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 204,198 shares of the company’s stock after buying an additional 9,365 shares during the quarter. Conestoga Capital Advisors LLC’s holdings in LCI Industries were worth $25,112,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Huntington National Bank boosted its position in shares of LCI Industries by 79.8% in the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after buying an additional 91 shares in the last quarter. Salomon & Ludwin LLC grew its stake in 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 acquiring an additional 200 shares during the last quarter. Global Retirement Partners LLC purchased a new position in LCI Industries during the 4th quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. increased its holdings in LCI Industries by 358.8% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock valued at $58,000 after acquiring an additional 488 shares in the last quarter. Finally, Clearstead Advisors LLC raised its position in LCI Industries by 36.8% during the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock worth $63,000 after acquiring an additional 139 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

LCII has been the topic of several recent research reports. Zacks Research downgraded shares of LCI Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Roth Mkm raised shares of LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price objective for the company in a research note on Wednesday, May 6th. Truist Financial dropped their price objective on shares of LCI Industries from $147.00 to $135.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Robert W. Baird set a $140.00 price objective on LCI Industries in a research report on Wednesday, May 6th. Finally, Weiss Ratings lowered LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $145.71.

Trending Headlines about LCI Industries

Here are the key news stories impacting LCI Industries this week:

• Positive Sentiment: LCI Industries and Patrick Industries agreed to an all-stock merger that could expand scale and unlock about $150 million in cost synergies. Article Title
• Positive Sentiment: The merger terms give LCII holders a defined stock-for-stock consideration, which can reduce uncertainty if the deal closes as planned. Article Title
• Neutral Sentiment: Several market and legal updates are now centered on merger review and shareholder fairness, suggesting the stock may trade on deal headlines rather than fundamentals in the near term. Article Title
• Negative Sentiment: Investor caution is rising because the merger is not yet closed, and lawsuits/investigations are questioning whether LCI shareholders are getting a fair price. Article Title

LCI Industries Price Performance

LCI Industries stock opened at $101.95 on Thursday. The stock has a market capitalization of $2.48 billion, a P/E ratio of 12.52 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 debt-to-equity ratio of 0.68, a current ratio of 2.91 and a quick ratio of 1.20. The firm’s 50-day moving average is $105.92 and its two-hundred day moving average is $123.23.

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

LCI Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were paid a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 4.5%. The ex-dividend date of this dividend was Friday, May 29th. LCI Industries’s payout ratio is presently 56.51%.

LCI Industries Company 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.