Sanctuary Advisors LLC Buys Shares of 8,393 LCI Industries $LCII

Sanctuary Advisors LLC bought a new position in shares of LCI Industries (NYSE:LCII) in the second quarter, HoldingsChannel reports. The firm bought 8,393 shares of the company’s stock, valued at approximately $889,000.

Several other large investors have also modified their holdings of the business. Huntington National Bank raised its position in shares of LCI Industries by 79.8% during the 4th 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. Global Retirement Partners LLC purchased a new stake in LCI Industries in the 4th quarter valued at approximately $30,000. Clearstead Advisors LLC grew its holdings in LCI Industries by 36.8% during the 4th quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock valued at $63,000 after buying an additional 139 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in LCI Industries during the 4th quarter valued at $64,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new position in LCI Industries during the second quarter worth $64,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

LCI Industries Stock Performance

LCI Industries stock opened at $103.18 on Friday. The company has a market cap of $2.51 billion, a price-to-earnings ratio of 12.00 and a beta of 1.18. LCI Industries has a 12 month low of $84.33 and a 12 month 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. The stock’s 50-day moving average is $103.61 and its 200-day moving average is $114.74.

LCI Industries (NYSE:LCII) last posted its earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.58 by $0.12. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the company earned $2.39 EPS. The company’s 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 anticipate that LCI Industries will post 8.45 earnings per share for the current year.

LCI Industries Dividend Announcement

The business 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 $1.15 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $4.60 annualized dividend and a yield of 4.5%. LCI Industries’s dividend payout ratio (DPR) is 53.49%.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on LCII shares. Weiss Ratings downgraded LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Robert W. Baird set a $119.00 price objective on LCI Industries in a research report on Thursday, August 6th. Roth Capital reissued a “buy” rating and issued a $135.00 target price (down from $155.00) on shares of LCI Industries in a research note on Monday, August 10th. Zacks Research lowered shares of LCI Industries from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. Finally, BMO Capital Markets set a $118.00 price target on shares of LCI Industries in a research note on Thursday, August 6th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently 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.