LCI Industries (NYSE:LCII) Sees Unusually-High Trading Volume – Time to Buy?

LCI Industries (NYSE:LCII) saw an uptick in trading volume on Tuesday . 955,139 shares changed hands during trading, an increase of 182% from the previous session’s volume of 338,942 shares.The stock last traded at $127.1150 and had previously closed at $123.20.

Analyst Ratings Changes

A number of analysts recently issued reports on the company. BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 price target on shares of LCI Industries in a report on Wednesday, February 18th. Truist Financial lowered their price target on LCI Industries from $147.00 to $135.00 and set a “hold” rating for the company in a report on Tuesday. Robert W. Baird set a $150.00 price target on LCI Industries in a report on Thursday, February 19th. Weiss Ratings reiterated a “hold (c)” rating on shares of LCI Industries in a report on Thursday, January 22nd. Finally, Benchmark boosted their price target on LCI Industries from $130.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $154.29.

LCI Industries Trading Down 0.9%

The stock has a market capitalization of $2.90 billion, a P/E ratio of 15.84 and a beta of 1.35. The company has a current ratio of 2.85, a quick ratio of 1.14 and a debt-to-equity ratio of 0.69. The company has a 50-day moving average price of $133.05 and a 200 day moving average price of $121.35.

LCI Industries (NYSE:LCII) last released its quarterly earnings results on Wednesday, February 18th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.69 by $0.20. LCI Industries had a return on equity of 13.55% and a net margin of 4.57%.The firm had revenue of $2.18 billion during the quarter, compared to analyst estimates of $913.04 million. During the same period in the previous year, the company posted $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. On average, research analysts forecast that LCI Industries will post 6.76 earnings per share for the current fiscal year.

LCI Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 3.8%. The ex-dividend date was Friday, March 13th. LCI Industries’s payout ratio is 60.93%.

Insider Buying and Selling

In related news, CEO Jason Lippert sold 30,000 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $145.03, for a total transaction of $4,350,900.00. Following the transaction, the chief executive officer directly owned 344,973 shares in the company, valued at $50,031,434.19. The trade was a 8.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, insider Jamie Schnur sold 10,000 shares of the business’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $144.66, for a total value of $1,446,600.00. Following the transaction, the insider owned 19,420 shares in the company, valued at approximately $2,809,297.20. This trade represents a 33.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 90,000 shares of company stock worth $13,137,900 in the last ninety days. 3.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in LCII. M&T Bank Corp grew its stake in LCI Industries by 8,419.2% during the 4th quarter. M&T Bank Corp now owns 739,129 shares of the company’s stock worth $89,686,000 after buying an additional 730,453 shares during the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new position in LCI Industries during the 4th quarter worth $27,142,000. FIL Ltd purchased a new position in LCI Industries during the 4th quarter worth $16,660,000. Northwestern Mutual Wealth Management Co. increased its position in shares of LCI Industries by 21,741.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 136,288 shares of the company’s stock valued at $16,537,000 after acquiring an additional 135,664 shares during the period. Finally, Balyasny Asset Management L.P. acquired a new position in shares of LCI Industries in the 4th quarter valued at $13,046,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

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.