LCI Industries (NYSE:LCII) Lowered to “Buy” Rating by Wall Street Zen

Wall Street Zen cut shares of LCI Industries (NYSE:LCII) from a strong-buy rating to a buy rating in a research note published on Saturday.

Other equities analysts also recently issued research reports about the stock. BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 price target on shares of LCI Industries in a report on Wednesday, February 18th. Zacks Research raised shares of LCI Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Weiss Ratings restated a “hold (c)” rating on shares of LCI Industries in a research report on Thursday, January 22nd. Robert W. Baird set a $150.00 target price on shares of LCI Industries in a report on Thursday, February 19th. Finally, Roth Mkm reiterated a “neutral” rating and set a $164.00 price target on shares of LCI Industries in a research report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $156.67.

LCI Industries Stock Down 1.3%

LCII opened at $130.03 on Friday. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.85 and a quick ratio of 1.14. LCI Industries has a 12 month low of $72.31 and a 12 month high of $159.66. The stock has a market capitalization of $3.15 billion, a P/E ratio of 17.22 and a beta of 1.33. The business has a 50 day simple moving average of $140.66 and a 200-day simple moving average of $117.17.

LCI Industries (NYSE:LCII) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.69 by $0.20. LCI Industries had a return on equity of 13.55% and a net margin of 4.57%.The firm had revenue of $2.18 billion during the quarter, compared to analysts’ expectations of $913.04 million. During the same quarter in the prior year, the business posted $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. On average, equities analysts anticipate that LCI Industries will post 6.76 earnings per share for the current fiscal year.

LCI Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend is Friday, March 13th. LCI Industries’s dividend payout ratio is presently 60.93%.

Insider Buying and Selling at LCI Industries

In other LCI Industries news, insider Ryan Richard Smith sold 20,000 shares of LCI Industries stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $147.81, for a total transaction of $2,956,200.00. Following the completion of the transaction, the insider owned 10,092 shares in the company, valued at approximately $1,491,698.52. The trade was a 66.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jamie Schnur sold 10,000 shares of the company’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $144.66, for a total transaction of $1,446,600.00. Following the completion of the sale, the insider directly owned 19,420 shares in the company, valued at $2,809,297.20. This trade represents a 33.99% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 90,000 shares of company stock worth $13,137,900. 3.50% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On LCI Industries

A number of large investors have recently bought and sold shares of the stock. Teacher Retirement System of Texas lifted its stake in shares of LCI Industries by 174.5% during the 3rd quarter. Teacher Retirement System of Texas now owns 32,624 shares of the company’s stock worth $3,039,000 after purchasing an additional 20,741 shares during the period. Boston Partners grew its position in shares of LCI Industries by 33.2% in the second quarter. Boston Partners now owns 320,186 shares of the company’s stock valued at $29,399,000 after purchasing an additional 79,847 shares during the period. Timucuan Asset Management Inc. FL grew its position in shares of LCI Industries by 226.5% in the second quarter. Timucuan Asset Management Inc. FL now owns 35,318 shares of the company’s stock valued at $3,221,000 after purchasing an additional 24,500 shares during the period. New York State Common Retirement Fund increased its stake in LCI Industries by 563.9% in the third quarter. New York State Common Retirement Fund now owns 51,846 shares of the company’s stock valued at $4,829,000 after purchasing an additional 44,037 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC increased its stake in LCI Industries by 424.5% in the third quarter. Campbell & CO Investment Adviser LLC now owns 47,423 shares of the company’s stock valued at $4,417,000 after purchasing an additional 38,381 shares during the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

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.