99,878 LCI Industries $LCII Shares Sold by Royce & Associates LP

Royce & Associates LP decreased its holdings in shares of LCI Industries (NYSE:LCII) by 15.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 548,948 shares of the company’s stock after selling 99,878 shares during the quarter. Royce & Associates LP owned approximately 2.26% of LCI Industries worth $45,930,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of LCII. Maryland State Retirement & Pension System grew its holdings in shares of LCI Industries by 55.5% during the third quarter. Maryland State Retirement & Pension System now owns 5,483 shares of the company’s stock valued at $459,000 after purchasing an additional 1,958 shares during the last quarter. New York Life Investment Management LLC acquired a new stake in shares of LCI Industries during the 3rd quarter worth approximately $2,527,000. Heritage Family Offices LLP acquired a new stake in shares of LCI Industries during the 3rd quarter worth approximately $31,000. Covestor Ltd lifted its holdings in shares of LCI Industries by 76.2% in the 3rd quarter. Covestor Ltd now owns 858 shares of the company’s stock worth $72,000 after purchasing an additional 371 shares during the last quarter. Finally, Provenance Wealth Advisors LLC bought a new stake in shares of LCI Industries in the 3rd quarter worth approximately $113,000. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

LCII has been the subject of a number of analyst reports. Weiss Ratings lowered LCI Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, October 8th. Jefferies Financial Group restated a “hold” rating and set a $120.00 price objective on shares of LCI Industries in a research note on Thursday, August 6th. Roth Capital set a $112.00 target price on LCI Industries in a research report on Tuesday, October 27th. BMO Capital Markets set a $118.00 target price on LCI Industries in a research report on Thursday, August 6th. Finally, Robert W. Baird set a $119.00 target price on LCI Industries in a research note on Thursday, August 6th. Two research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $113.50.

LCI Industries Stock Performance

LCI Industries stock traded up $1.17 during midday trading on Friday, reaching $98.16. 177,116 shares of the stock traded hands, compared to its average volume of 699,469. The company has a current ratio of 2.82, a quick ratio of 1.36 and a debt-to-equity ratio of 0.58. The firm has a fifty day moving average price of $89.34 and a two-hundred day moving average price of $109.49. The firm has a market cap of $2.39 billion, a price-to-earnings ratio of 12.12 and a beta of 1.19. LCI Industries has a fifty-two week low of $77.58 and a fifty-two week high of $159.66.

LCI Industries (NYSE:LCII) last posted its earnings results on Thursday, November 5th. The company reported $2.21 EPS for the quarter, topping the consensus estimate of $2.06 by $0.15. LCI Industries had a net margin of 4.99% and a return on equity of 14.51%. The firm had revenue of $992.48 million during the quarter, compared to analysts’ expectations of $990.62 million. During the same quarter in the prior year, the firm earned $1.97 EPS. LCI Industries’s quarterly revenue was down 4.2% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.250-8.500 EPS. On average, equities research analysts forecast that LCI Industries will post 8.41 earnings per share for the current year.

LCI Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 11th. Stockholders of record on Friday, November 27th will be given a dividend of $1.15 per share. The ex-dividend date is Friday, November 27th. This represents a $4.60 annualized dividend and a dividend yield of 4.7%. LCI Industries’s payout ratio is currently 56.79%.

LCI Industries Profile

LCI Industries designs and manufactures components and related products for recreational vehicles, boats, and other applications. Its offerings include RV chassis, axles, towing and leveling systems, slide-out mechanisms, windows, doors, furniture, and electronic systems, as well as marine seating, hardware, and accessories. The company serves original equipment manufacturers and aftermarket customers, with products used in recreational vehicles, marine vessels, and adjacent markets such as transportation and industrial applications.