LCI Industries (NYSE:LCII) Stock Passes Above 200-Day Moving Average – Here’s What Happened

Shares of LCI Industries (NYSE:LCII) passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $120.12 and traded as high as $122.70. LCI Industries shares last traded at $122.2210, with a volume of 121,212 shares trading hands.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on LCII shares. Wall Street Zen downgraded LCI Industries from a “strong-buy” rating to a “buy” rating in a report on Saturday, March 7th. Benchmark boosted their price objective on LCI Industries from $130.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Loop Capital reiterated a “hold” rating and issued a $149.00 price objective on shares of LCI Industries in a report on Thursday, January 22nd. Stifel Nicolaus started coverage on LCI Industries in a report on Tuesday, March 24th. They issued a “buy” rating and a $152.00 price objective on the stock. Finally, Zacks Research upgraded LCI Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $156.00.

LCI Industries Price Performance

The stock has a market capitalization of $2.97 billion, a price-to-earnings ratio of 16.19 and a beta of 1.35. 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 company has a 50 day moving average of $136.49 and a 200 day moving average of $120.12.

LCI Industries (NYSE:LCII) last released its earnings results on Wednesday, February 18th. The company reported $0.89 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 period in the previous year, the firm posted $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, equities research analysts anticipate that LCI Industries will post 6.76 EPS for the current year.

LCI Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were paid a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of 3.8%. The ex-dividend date of this dividend was Friday, March 13th. LCI Industries’s payout ratio is presently 60.93%.

Insider Transactions at LCI Industries

In other news, insider Jamie Schnur sold 10,000 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $144.66, for a total transaction of $1,446,600.00. Following the completion of the transaction, the insider directly 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 can be accessed through this link. Also, CEO Jason Lippert sold 30,000 shares of the company’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $145.03, for a total value of $4,350,900.00. Following the transaction, the chief executive officer directly owned 344,973 shares of the company’s stock, valued at approximately $50,031,434.19. This represents a 8.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 90,000 shares of company stock valued at $13,137,900. 3.50% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. Huntington National Bank boosted its position in shares of LCI Industries by 79.8% during the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares in the last quarter. Salomon & Ludwin LLC boosted its position in shares of LCI Industries by 1,818.2% during the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock worth $26,000 after acquiring an additional 200 shares in the last quarter. Global Retirement Partners LLC acquired a new position in shares of LCI Industries during the 4th quarter worth about $30,000. Clearstead Advisors LLC boosted its position in shares of LCI Industries by 36.8% during the 4th quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock worth $63,000 after acquiring an additional 139 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new stake in shares of LCI Industries in the 4th quarter valued at about $64,000. 99.71% of the stock is owned by institutional investors and hedge funds.

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.