LCI Industries (NYSE:LCII) Now Covered by Stifel Nicolaus

Stifel Nicolaus assumed coverage on shares of LCI Industries (NYSE:LCII) in a report issued on Tuesday, Marketbeat reports. The firm issued a buy rating and a $152.00 target price on the stock.

A number of other equities analysts have also weighed in on LCII. Zacks Research upgraded shares of LCI Industries from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Wall Street Zen downgraded shares of LCI Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 7th. Weiss Ratings reissued a “hold (c)” rating on shares of LCI Industries in a research note on Thursday, January 22nd. Loop Capital restated a “hold” rating and set a $149.00 target price on shares of LCI Industries in a report on Thursday, January 22nd. Finally, Roth Mkm restated a “neutral” rating and issued a $164.00 price target on shares of LCI Industries in a research report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $156.00.

LCI Industries Trading Up 1.4%

Shares of LCII stock opened at $123.02 on Tuesday. The stock’s fifty day moving average is $139.99 and its two-hundred day moving average is $118.79. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.14 and a current ratio of 2.85. The firm has a market capitalization of $2.98 billion, a P/E ratio of 16.29 and a beta of 1.33. LCI Industries has a fifty-two week low of $72.31 and a fifty-two week high of $159.66.

LCI Industries (NYSE:LCII) last released its earnings results 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. The business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $913.04 million. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. During the same quarter in the prior year, the firm earned $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. Research analysts expect that LCI Industries will post 6.76 earnings per share for the current fiscal year.

LCI Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 3.7%. The ex-dividend date is Friday, March 13th. LCI Industries’s dividend payout ratio (DPR) is presently 60.93%.

Insiders Place Their Bets

In other LCI Industries news, insider Ryan Richard Smith sold 20,000 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $147.81, for a total value of $2,956,200.00. Following the transaction, the insider directly owned 10,092 shares in the company, valued at $1,491,698.52. The trade was a 66.46% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Jamie Schnur sold 10,000 shares of the 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 completion of the sale, the insider directly owned 19,420 shares of the company’s stock, valued at approximately $2,809,297.20. This trade represents a 33.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 90,000 shares of company stock valued at $13,137,900 over the last ninety days. Company insiders own 3.50% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Teacher Retirement System of Texas lifted its stake in shares of LCI Industries by 174.5% in the 3rd quarter. Teacher Retirement System of Texas now owns 32,624 shares of the company’s stock valued at $3,039,000 after purchasing an additional 20,741 shares during the last quarter. Timucuan Asset Management Inc. FL grew its holdings in shares of LCI Industries by 226.5% during the 2nd quarter. Timucuan Asset Management Inc. FL now owns 35,318 shares of the company’s stock worth $3,221,000 after purchasing an additional 24,500 shares during the period. Campbell & CO Investment Adviser LLC increased its position in shares of LCI Industries by 424.5% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 47,423 shares of the company’s stock worth $4,417,000 after purchasing an additional 38,381 shares during the last quarter. New York State Common Retirement Fund increased its position in shares of LCI Industries by 563.9% during the 3rd quarter. New York State Common Retirement Fund now owns 51,846 shares of the company’s stock worth $4,829,000 after purchasing an additional 44,037 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in LCI Industries by 7.4% in the 3rd quarter. American Century Companies Inc. now owns 870,454 shares of the company’s stock valued at $81,083,000 after buying an additional 59,734 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

About LCI Industries

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.