De Lisle Partners LLP Invests $10.08 Million in LCI Industries $LCII

De Lisle Partners LLP bought a new position in shares of LCI Industries (NYSE:LCII) in the 2nd quarter, Holdings Channel.com reports. The firm bought 94,952 shares of the company’s stock, valued at approximately $10,081,000. LCI Industries accounts for approximately 1.1% of De Lisle Partners LLP’s portfolio, making the stock its 24th largest holding.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Huntington National Bank grew its holdings in LCI Industries by 79.8% during the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after buying an additional 91 shares in the last quarter. Global Retirement Partners LLC purchased a new position in shares of LCI Industries in the fourth quarter worth $30,000. Clearstead Advisors LLC boosted its position in shares of 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. Kestra Advisory Services LLC bought a new position in shares of LCI Industries during the fourth quarter worth $64,000. Finally, International Assets Investment Management LLC bought a new position in shares of LCI Industries during the fourth quarter worth $74,000. Institutional investors own 99.71% of the company’s stock.

LCI Industries Price Performance

NYSE:LCII opened at $102.08 on Friday. The firm has a market capitalization of $2.48 billion, a price-to-earnings ratio of 11.87 and a beta of 1.18. LCI Industries has a 1 year low of $84.33 and a 1 year high of $159.66. The business has a 50 day simple moving average of $102.43 and a 200-day simple moving average of $116.44. 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 earnings results on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, topping analysts’ consensus estimates of $2.58 by $0.12. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%.The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.12 billion. During the same quarter in the previous year, the business earned $2.39 EPS. The company’s quarterly revenue was down 12.6% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Equities analysts forecast that LCI Industries will post 8.45 EPS for the current year.

LCI Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Shareholders 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 dividend on an annualized basis and a yield of 4.5%. LCI Industries’s payout ratio is 53.49%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LCII. Robert W. Baird set a $119.00 price target on shares of LCI Industries in a report on Thursday, August 6th. Truist Financial cut their price objective on LCI Industries from $135.00 to $114.00 and set a “hold” rating for the company in a research report on Wednesday, July 8th. BMO Capital Markets set a $118.00 target price on LCI Industries in a report on Thursday, August 6th. Stifel Nicolaus decreased their target price on LCI Industries from $137.00 to $130.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Finally, Benchmark decreased their target price on LCI Industries from $150.00 to $125.00 and set a “buy” rating on the stock in a research report on Tuesday, June 23rd. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $126.25.

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.