LCI Industries (NYSE:LCII) CEO Jason Lippert Sells 10,000 Shares

LCI Industries (NYSE:LCII) CEO Jason Lippert sold 10,000 shares of the business’s stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $148.01, for a total value of $1,480,100.00. Following the completion of the transaction, the chief executive officer owned 374,973 shares in the company, valued at approximately $55,499,753.73. This trade represents a 2.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

Jason Lippert also recently made the following trade(s):

• On Tuesday, February 24th, Jason Lippert sold 10,000 shares of LCI Industries stock. The shares were sold at an average price of $142.76, for a total value of $1,427,600.00.
• On Monday, February 23rd, Jason Lippert sold 30,000 shares of LCI Industries stock. The stock was sold at an average price of $145.03, for a total value of $4,350,900.00.

LCI Industries Stock Down 0.5%

Shares of LCII traded down $0.65 during trading on Tuesday, reaching $141.25. The company’s stock had a trading volume of 261,985 shares, compared to its average volume of 375,308. The company has a market cap of $3.42 billion, a price-to-earnings ratio of 18.71 and a beta of 1.32. The company has a quick ratio of 1.14, a current ratio of 2.85 and a debt-to-equity ratio of 0.69. The company has a fifty day moving average of $138.56 and a two-hundred day moving average of $115.17. LCI Industries has a twelve month low of $72.31 and a twelve month high of $159.66.

LCI Industries (NYSE:LCII) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.20. The business had revenue of $932.70 million during the quarter, compared to analyst estimates of $913.04 million. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. During the same quarter in the previous year, the firm earned $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. On average, sell-side analysts predict that LCI Industries will post 6.76 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on LCII. Weiss Ratings restated a “hold (c)” rating on shares of LCI Industries in a research note on Thursday, January 22nd. Zacks Research upgraded LCI Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday. Benchmark increased their target price on LCI Industries from $130.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. Wall Street Zen upgraded LCI Industries from a “buy” rating to a “strong-buy” rating in a report on Saturday, February 14th. Finally, Loop Capital reissued a “hold” rating and set a $149.00 price target on shares of LCI Industries in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $156.67.

Hedge Funds Weigh In On LCI Industries

Several institutional investors have recently made changes to their positions in the stock. Huntington National Bank increased its holdings in shares of LCI Industries by 79.8% during the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after purchasing an additional 91 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. acquired a new position in LCI Industries during the 2nd quarter valued at about $26,000. Salomon & Ludwin LLC increased its stake in LCI Industries by 1,818.2% during the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock valued at $26,000 after buying an additional 200 shares during the period. Global Retirement Partners LLC bought a new stake in shares of LCI Industries during the 4th quarter worth about $30,000. Finally, Financial Consulate Inc. acquired a new stake in shares of LCI Industries in the 3rd quarter worth approximately $56,000. 99.71% of the stock is owned by institutional investors.

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.