4,916 Shares in LCI Industries $LCII Bought by Hudson Portfolio Management LLC

Hudson Portfolio Management LLC purchased a new stake in LCI Industries (NYSE:LCII) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,916 shares of the company’s stock, valued at approximately $521,000.

Other hedge funds have also recently bought and sold shares of the company. Dimensional Fund Advisors LP grew its stake in shares of LCI Industries by 1.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,412,102 shares of the company’s stock worth $173,656,000 after acquiring an additional 20,943 shares in the last quarter. Principal Financial Group Inc. lifted its position in shares of LCI Industries by 36.7% during the first quarter. Principal Financial Group Inc. now owns 655,917 shares of the company’s stock valued at $80,666,000 after purchasing an additional 176,101 shares in the last quarter. Bank of Montreal Can lifted its position in shares of LCI Industries by 5.2% during the third quarter. Bank of Montreal Can now owns 458,478 shares of the company’s stock valued at $42,707,000 after purchasing an additional 22,634 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in LCI Industries by 29.0% during the fourth quarter. Bank of New York Mellon Corp now owns 429,541 shares of the company’s stock worth $52,120,000 after purchasing an additional 96,572 shares during the last quarter. Finally, ARGA Investment Management LP boosted its holdings in LCI Industries by 0.8% during the fourth quarter. ARGA Investment Management LP now owns 260,001 shares of the company’s stock worth $31,549,000 after purchasing an additional 2,153 shares during the last quarter. 99.71% of the stock is owned by hedge funds and other institutional investors.

LCI Industries Price Performance

Shares of NYSE:LCII opened at $102.08 on Friday. The company has a market capitalization of $2.48 billion, a P/E ratio of 11.87 and a beta of 1.18. The company’s 50-day moving average is $102.43 and its 200 day moving average is $116.44. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.20 and a current ratio of 2.49. LCI Industries has a fifty-two week low of $84.33 and a fifty-two week high of $159.66.

LCI Industries (NYSE:LCII) last posted its quarterly earnings data 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 business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The firm’s quarterly revenue was down 12.6% compared to the same quarter last year. During the same quarter last year, the company posted $2.39 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. On average, equities research analysts forecast that LCI Industries will post 8.45 earnings per share for the current year.

LCI Industries Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st 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 4.5%. The ex-dividend date of this dividend is Friday, August 21st. LCI Industries’s dividend payout ratio is currently 53.49%.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on LCII. Zacks Research downgraded shares of LCI Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, August 7th. Jefferies Financial Group reissued a “hold” rating and set a $120.00 target price on shares of LCI Industries in a research report on Thursday, August 6th. Benchmark cut their target price on LCI Industries from $150.00 to $125.00 and set a “buy” rating on the stock in a research note on Tuesday, June 23rd. Stifel Nicolaus reduced their target price on LCI Industries from $137.00 to $130.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Finally, BMO Capital Markets set a $118.00 price target on LCI Industries in a research report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $126.25.

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.