Hillsdale Investment Management Inc. Sells 9,550 Shares of LCI Industries $LCII

Hillsdale Investment Management Inc. lowered its holdings in LCI Industries (NYSE:LCII) by 14.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,270 shares of the company’s stock after selling 9,550 shares during the period. Hillsdale Investment Management Inc. owned about 0.24% of LCI Industries worth $7,043,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of LCII. Quadrant Capital Group LLC increased its position in shares of LCI Industries by 3.2% during the 4th quarter. Quadrant Capital Group LLC now owns 2,310 shares of the company’s stock valued at $280,000 after purchasing an additional 71 shares during the last quarter. CIBC Asset Management Inc boosted its holdings in shares of LCI Industries by 3.3% in the 4th quarter. CIBC Asset Management Inc now owns 2,402 shares of the company’s stock worth $291,000 after buying an additional 76 shares during the last quarter. Huntington National Bank boosted its holdings in shares of LCI Industries by 79.8% in the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after buying an additional 91 shares during the last quarter. Oregon Public Employees Retirement Fund grew its position in LCI Industries by 1.8% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 5,559 shares of the company’s stock valued at $675,000 after buying an additional 100 shares during the period. Finally, GAMMA Investing LLC grew its position in LCI Industries by 17.1% during the fourth quarter. GAMMA Investing LLC now owns 947 shares of the company’s stock valued at $115,000 after buying an additional 138 shares during the period. Institutional investors own 99.71% of the company’s stock.

Analysts Set New Price Targets

LCII has been the subject of a number of research analyst reports. Weiss Ratings downgraded shares of LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Wall Street Zen cut shares of LCI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Stifel Nicolaus started coverage on shares of LCI Industries in a research report on Tuesday, March 24th. They set a “buy” rating and a $152.00 target price for the company. Zacks Research lowered shares of LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Benchmark lowered their price target on shares of LCI Industries from $150.00 to $125.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, LCI Industries currently has an average rating of “Hold” and an average target price of $142.71.

LCI Industries Stock Up 1.7%

LCII opened at $103.73 on Wednesday. The company has a 50 day moving average of $103.12 and a 200 day moving average of $122.00. The company has a market cap of $2.52 billion, a PE ratio of 12.74 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 current ratio of 2.91, a quick ratio of 1.20 and a debt-to-equity ratio of 0.68.

LCI Industries (NYSE:LCII) last issued its earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.22 by $0.37. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.19 EPS. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. On average, sell-side analysts expect that LCI Industries will post 8.71 EPS for the current year.

LCI Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were issued a dividend of $1.15 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $4.60 dividend on an annualized basis and a yield of 4.4%. LCI Industries’s dividend payout ratio is 56.51%.

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.