Rice Hall James & Associates LLC Makes New Investment in LCI Industries $LCII

Rice Hall James & Associates LLC bought a new position in shares of LCI Industries (NYSE:LCII) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor bought 142,665 shares of the company’s stock, valued at approximately $15,105,000.

A number of other large investors also recently bought and sold shares of LCII. Northwestern Mutual Wealth Management Co. increased its stake in 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 purchasing an additional 135,664 shares in the last quarter. Fort Washington Investment Advisors Inc. OH boosted its position in LCI Industries by 23.7% during the second quarter. Fort Washington Investment Advisors Inc. OH now owns 231,782 shares of the company’s stock worth $24,541,000 after purchasing an additional 44,341 shares in the last quarter. Intrinsic Edge Capital Management LLC acquired a new stake in LCI Industries in the first quarter valued at $6,149,000. Principal Financial Group Inc. increased its position in shares of LCI Industries by 36.7% in the first quarter. Principal Financial Group Inc. now owns 655,917 shares of the company’s stock valued at $80,666,000 after buying an additional 176,101 shares in the last quarter. Finally, Fox Run Management L.L.C. acquired a new position in shares of LCI Industries during the 4th quarter worth $1,490,000. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on LCII. Weiss Ratings lowered shares of LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Benchmark cut their target price on shares of LCI Industries from $150.00 to $125.00 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. Roth Capital reaffirmed a “buy” rating and issued a $135.00 price target (down from $155.00) on shares of LCI Industries in a report on Monday, August 10th. Zacks Research lowered shares of LCI Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, August 7th. Finally, Robert W. Baird set a $119.00 price objective on shares of LCI Industries in a research note on Thursday, August 6th. Three 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $126.25.

LCI Industries Trading Down 1.6%

Shares of LCII stock opened at $104.42 on Tuesday. The firm has a 50-day moving average price of $101.45 and a 200 day moving average price of $117.44. LCI Industries has a twelve month low of $84.33 and a twelve month high of $159.66. The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 12.14 and a beta of 1.18. The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59.

LCI Industries (NYSE:LCII) last announced 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. The firm had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.12 billion. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. LCI Industries’s revenue was down 12.6% compared to the same quarter last year. During the same quarter last year, the business earned $2.39 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Research analysts forecast that LCI Industries will post 8.45 earnings per share for the current fiscal year.

LCI Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 21st will be paid a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date of this dividend is Friday, August 21st. LCI Industries’s dividend payout ratio is currently 53.49%.

LCI Industries 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.