Royce & Associates LP Lowers Position in LCI Industries $LCII

Royce & Associates LP lowered its position in LCI Industries (NYSE:LCII) by 2.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 653,056 shares of the company’s stock after selling 18,948 shares during the quarter. LCI Industries comprises 0.8% of Royce & Associates LP’s investment portfolio, making the stock its 7th largest holding. Royce & Associates LP’s holdings in LCI Industries were worth $79,242,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC increased its holdings in LCI Industries by 1,818.2% in the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock worth $26,000 after acquiring an additional 200 shares during the last quarter. Global Retirement Partners LLC purchased a new stake in LCI Industries in the 4th quarter worth about $30,000. Clearstead Advisors LLC increased its holdings in LCI Industries by 36.8% in the 4th 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. International Assets Investment Management LLC purchased a new stake in LCI Industries in the 4th quarter worth about $74,000. Finally, Northwestern Mutual Wealth Management Co. increased its holdings in LCI Industries by 358.8% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock worth $58,000 after acquiring an additional 488 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the company. Robert W. Baird set a $140.00 price objective on LCI Industries in a report on Wednesday, May 6th. BMO Capital Markets reissued a “market perform” rating and issued a $155.00 price objective on shares of LCI Industries in a report on Wednesday, February 18th. Stifel Nicolaus assumed coverage on LCI Industries in a report on Tuesday, March 24th. They issued a “buy” rating and a $152.00 price objective for the company. Wall Street Zen lowered LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Benchmark reduced their target price on LCI Industries from $175.00 to $150.00 and set a “buy” rating for the company in a report on Wednesday, May 6th. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $149.29.

LCI Industries Stock Down 0.0%

LCII stock opened at $111.62 on Tuesday. The company has a quick ratio of 1.20, a current ratio of 2.91 and a debt-to-equity ratio of 0.68. The firm has a market capitalization of $2.71 billion, a PE ratio of 13.71 and a beta of 1.21. LCI Industries has a twelve month low of $84.25 and a twelve month high of $159.66. The stock has a 50-day simple moving average of $119.09 and a two-hundred day simple moving average of $125.87.

LCI Industries (NYSE:LCII) last posted its earnings results 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 return on equity of 14.03% and a net margin of 4.84%.The company’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.19 EPS. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. On average, equities analysts predict that LCI Industries will post 8.95 EPS for the current fiscal year.

LCI Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be given a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Friday, May 29th. LCI Industries’s dividend payout ratio (DPR) is 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.