Dimensional Fund Advisors LP Cuts Stock Holdings in LCI Industries $LCII

Dimensional Fund Advisors LP decreased its position in LCI Industries (NYSE:LCII) by 0.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,379,433 shares of the company’s stock after selling 12,734 shares during the quarter. Dimensional Fund Advisors LP owned approximately 5.70% of LCI Industries worth $128,495,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Financial Consulate Inc. purchased a new position in LCI Industries during the third quarter worth about $56,000. Hantz Financial Services Inc. grew its position in LCI Industries by 401.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,032 shares of the company’s stock worth $96,000 after purchasing an additional 826 shares in the last quarter. EverSource Wealth Advisors LLC increased its stake in LCI Industries by 57.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,172 shares of the company’s stock valued at $107,000 after buying an additional 426 shares during the last quarter. Covestor Ltd lifted its position in shares of LCI Industries by 10.4% during the 3rd quarter. Covestor Ltd now owns 1,261 shares of the company’s stock worth $118,000 after buying an additional 119 shares in the last quarter. Finally, Quadrant Capital Group LLC lifted its position in shares of LCI Industries by 12.5% during the 2nd quarter. Quadrant Capital Group LLC now owns 2,239 shares of the company’s stock worth $204,000 after buying an additional 248 shares in the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on LCII shares. Truist Financial set a $147.00 target price on LCI Industries in a report on Tuesday, January 20th. Loop Capital reiterated a “hold” rating and set a $149.00 price target on shares of LCI Industries in a report on Thursday, January 22nd. Zacks Research raised LCI Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. BMO Capital Markets restated a “market perform” rating and issued a $155.00 price objective on shares of LCI Industries in a research note on Wednesday, February 18th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating 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 issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, LCI Industries presently has an average rating of “Hold” and a consensus price target of $156.67.

Insider Transactions at LCI Industries

In related news, insider Jamie Schnur sold 10,000 shares of the company’s stock in a transaction that occurred on 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 sale, the insider owned 19,420 shares of the company’s stock, valued at approximately $2,809,297.20. This represents a 33.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Jason Lippert sold 10,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $142.76, for a total transaction of $1,427,600.00. Following the completion of the sale, the chief executive officer owned 334,973 shares in the company, valued at $47,820,745.48. This represents a 2.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 90,000 shares of company stock valued at $13,137,900. 3.50% of the stock is currently owned by corporate insiders.

LCI Industries Price Performance

Shares of NYSE LCII opened at $125.82 on Thursday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.14 and a current ratio of 2.85. LCI Industries has a fifty-two week low of $72.31 and a fifty-two week high of $159.66. The stock has a market cap of $3.04 billion, a PE ratio of 16.66 and a beta of 1.33. The stock has a fifty day moving average of $140.93 and a 200-day moving average of $117.66.

LCI Industries (NYSE:LCII) last issued its quarterly earnings data 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. LCI Industries had a return on equity of 13.55% and a net margin of 4.57%.The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $913.04 million. During the same quarter in the prior year, the firm posted $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. Equities research analysts anticipate that LCI Industries will post 6.76 earnings per share for the current year.

LCI Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be issued a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 3.7%. The ex-dividend date of this dividend is Friday, March 13th. LCI Industries’s dividend payout ratio is presently 60.93%.

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.