Rice Hall James & Associates LLC grew its position in LCI Industries (NYSE:LCII – Free Report) by 11.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 102,529 shares of the company’s stock after purchasing an additional 10,181 shares during the quarter. Rice Hall James & Associates LLC’s holdings in LCI Industries were worth $12,441,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the company. MML Investors Services LLC bought a new position in shares of LCI Industries in the fourth quarter valued at approximately $360,000. Kestra Advisory Services LLC bought a new position in shares of LCI Industries in the fourth quarter valued at approximately $64,000. CANADA LIFE ASSURANCE Co raised its position in shares of LCI Industries by 4.0% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 23,255 shares of the company’s stock valued at $2,822,000 after purchasing an additional 892 shares during the period. Inspire Advisors LLC raised its position in shares of LCI Industries by 5.3% in the fourth quarter. Inspire Advisors LLC now owns 31,174 shares of the company’s stock valued at $3,783,000 after purchasing an additional 1,581 shares during the period. Finally, Bridgewater Associates LP bought a new position in shares of LCI Industries in the fourth quarter valued at approximately $483,000. Institutional investors own 99.71% of the company’s stock.
Wall Street Analyst Weigh In
LCII has been the topic of several research analyst reports. Benchmark lowered their price objective on shares of LCI Industries from $175.00 to $150.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Wall Street Zen downgraded shares of LCI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Weiss Ratings downgraded shares of LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Roth Mkm upgraded shares of LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price objective on the stock in a research note on Wednesday, May 6th. Finally, Robert W. Baird set a $140.00 price objective on shares of LCI Industries in a research note on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, LCI Industries has a consensus rating of “Hold” and a consensus price target of $149.29.
LCI Industries Trading Down 0.4%
Shares of LCI Industries stock opened at $92.68 on Tuesday. The company’s fifty day simple moving average is $112.68 and its 200-day simple moving average is $124.99. The company has a market cap of $2.25 billion, a price-to-earnings ratio of 11.39 and a beta of 1.17. The company has a current ratio of 2.91, a quick ratio of 1.20 and a debt-to-equity ratio of 0.68. LCI Industries has a 1 year low of $84.33 and a 1 year high of $159.66.
LCI Industries (NYSE:LCII – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.37. The business had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. LCI Industries’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter last year, the company posted $2.19 earnings per share. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, sell-side analysts expect that LCI Industries will post 8.95 EPS for the current year.
LCI Industries Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were issued a $1.15 dividend. This represents a $4.60 annualized dividend and a yield of 5.0%. The ex-dividend date of this dividend was Friday, May 29th. LCI Industries’s payout ratio is 56.51%.
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.
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