Y Intercept Hong Kong Ltd Increases Stock Position in LCI Industries $LCII

Y Intercept Hong Kong Ltd lifted its position in shares of LCI Industries (NYSE:LCII) by 504.6% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,829 shares of the company’s stock after purchasing an additional 9,038 shares during the period. Y Intercept Hong Kong Ltd’s holdings in LCI Industries were worth $1,147,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in LCII. Quadrant Capital Group LLC boosted its stake in shares of LCI Industries by 3.2% in the 4th quarter. Quadrant Capital Group LLC now owns 2,310 shares of the company’s stock worth $280,000 after buying an additional 71 shares during the last quarter. CIBC Asset Management Inc lifted its holdings in LCI Industries by 3.3% during the fourth quarter. CIBC Asset Management Inc now owns 2,402 shares of the company’s stock worth $291,000 after acquiring an additional 76 shares during the period. Huntington National Bank boosted 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 purchasing an additional 91 shares during the last quarter. Oregon Public Employees Retirement Fund boosted its position in LCI Industries by 1.8% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 5,559 shares of the company’s stock worth $675,000 after purchasing an additional 100 shares during the last quarter. Finally, Clearstead Advisors LLC grew its stake in 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 purchasing an additional 139 shares during the period. 99.71% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

LCII has been the topic of a number of recent analyst reports. Truist Financial lowered their target price 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. Zacks Research lowered shares of LCI Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, August 7th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $120.00 price target on shares of LCI Industries in a report on Thursday, August 6th. Robert W. Baird set a $119.00 target price on LCI Industries in a research report on Thursday, August 6th. Finally, Stifel Nicolaus lowered their target price on LCI Industries from $137.00 to $130.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $126.25.

LCI Industries Trading Down 0.1%

Shares of LCII stock opened at $107.21 on Thursday. The stock has a market capitalization of $2.61 billion, a price-to-earnings ratio of 12.47 and a beta of 1.18. The company’s fifty day simple moving average is $100.77 and its two-hundred day simple moving average is $118.31. LCI Industries has a 1 year low of $84.33 and a 1 year high of $159.66. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.49 and a quick ratio of 1.20.

LCI Industries (NYSE:LCII) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, beating the consensus estimate of $2.58 by $0.12. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%.The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same period in the previous year, the business earned $2.39 earnings per share. The firm’s quarterly 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. As a group, analysts anticipate that LCI Industries will post 8.45 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 dividend of $1.15 per share. The ex-dividend date is Friday, August 21st. This represents a $4.60 annualized dividend and a dividend yield of 4.3%. LCI Industries’s dividend payout ratio is currently 53.49%.

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.