Fort Washington Investment Advisors Inc. OH Boosts Stake in LCI Industries $LCII

Fort Washington Investment Advisors Inc. OH increased its holdings in shares of LCI Industries (NYSE:LCII) by 23.7% during the second quarter, HoldingsChannel reports. The firm owned 231,782 shares of the company’s stock after buying an additional 44,341 shares during the period. Fort Washington Investment Advisors Inc. OH’s holdings in LCI Industries were worth $24,541,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Huntington National Bank increased its holdings in 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 in the last quarter. Salomon & Ludwin LLC lifted 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 acquiring an additional 200 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of LCI Industries during the 4th quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of LCI Industries by 358.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock worth $58,000 after acquiring an additional 488 shares during the period. Finally, Clearstead Advisors LLC grew its stake in shares of LCI Industries by 36.8% in the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock worth $63,000 after acquiring an additional 139 shares during the period. 99.71% of the stock is owned by hedge funds and other institutional investors.

LCI Industries Stock Down 0.1%

Shares of LCII stock opened at $107.21 on Thursday. The company has a market capitalization of $2.61 billion, a price-to-earnings ratio of 12.47 and a beta of 1.18. LCI Industries has a one year low of $84.33 and a one year high of $159.66. The company’s fifty day moving average price is $100.77 and its 200-day moving average price is $118.31. The company has a debt-to-equity ratio of 0.59, a current ratio of 2.49 and a quick ratio of 1.20.

LCI Industries (NYSE:LCII) last issued its earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, topping 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 company had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. During the same quarter in the prior year, the firm posted $2.39 EPS. LCI Industries’s quarterly revenue was down 12.6% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Sell-side analysts expect that LCI Industries will post 8.45 EPS for the current fiscal year.

LCI Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 21st will be given a $1.15 dividend. This represents a $4.60 annualized dividend and a dividend yield of 4.3%. The ex-dividend date is Friday, August 21st. LCI Industries’s payout ratio is presently 53.49%.

Analyst Upgrades and Downgrades

LCII has been the subject of several research reports. Weiss Ratings cut shares of LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Jefferies Financial Group reaffirmed a “hold” rating and issued a $120.00 target price on shares of LCI Industries in a research report on Thursday, August 6th. BMO Capital Markets set a $118.00 target price on shares of LCI Industries in a research note on Thursday, August 6th. Wall Street Zen lowered shares of LCI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Finally, Robert W. Baird set a $119.00 price target on LCI Industries in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $126.25.

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.