Quantbot Technologies LP Makes New Investment in LCI Industries $LCII

Quantbot Technologies LP acquired a new stake in LCI Industries (NYSE:LCII) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund acquired 5,035 shares of the company’s stock, valued at approximately $533,000.

Several other institutional investors and hedge funds have also bought and sold shares of LCII. Quadrant Capital Group LLC raised its stake in LCI Industries by 3.2% during the 4th quarter. Quadrant Capital Group LLC now owns 2,310 shares of the company’s stock worth $280,000 after buying an additional 71 shares during the period. CIBC Asset Management Inc grew its stake in LCI Industries by 3.3% in the fourth quarter. CIBC Asset Management Inc now owns 2,402 shares of the company’s stock valued at $291,000 after acquiring an additional 76 shares during the period. Huntington National Bank grew its stake in LCI Industries by 79.8% in the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after acquiring an additional 91 shares during the period. Oregon Public Employees Retirement Fund increased its holdings in shares of 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 acquiring an additional 100 shares in the last quarter. Finally, Clearstead Advisors LLC increased its holdings in shares of LCI Industries by 36.8% during the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock valued at $63,000 after acquiring an additional 139 shares in the last quarter. 99.71% of the stock is owned by institutional investors.

LCI Industries Stock Down 0.6%

LCI Industries stock opened at $102.39 on Friday. LCI Industries has a fifty-two week low of $84.33 and a fifty-two week high of $159.66. The stock has a market cap of $2.49 billion, a PE ratio of 11.91 and a beta of 1.18. The firm’s 50-day simple moving average is $103.38 and its 200 day simple moving average is $114.82. 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 (NYSE:LCII) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, beating the consensus estimate of $2.58 by $0.12. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The firm had revenue of $1.10 billion during the quarter, compared to analyst estimates of $1.12 billion. During the same quarter last year, the business posted $2.39 EPS. The company’s revenue for the quarter was down 12.6% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Research analysts predict that LCI Industries will post 8.45 EPS for the current fiscal year.

LCI Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be issued a $1.15 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $4.60 annualized dividend and a dividend yield of 4.5%. LCI Industries’s dividend payout ratio is currently 53.49%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Truist Financial dropped their price target on shares of LCI Industries from $135.00 to $114.00 and set a “hold” rating on the stock in a research report on Wednesday, July 8th. Robert W. Baird set a $119.00 price objective on LCI Industries in a report on Thursday, August 6th. Stifel Nicolaus lowered their price objective on LCI Industries from $137.00 to $130.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Jefferies Financial Group restated a “hold” rating and issued a $120.00 target price on shares of LCI Industries in a report on Thursday, August 6th. Finally, Roth Capital reaffirmed a “buy” rating and set a $135.00 target price (down from $155.00) on shares of LCI Industries in a research report on Monday, August 10th. Three analysts have rated the stock with a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $126.25.

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.