Fort Washington Investment Advisors Inc. OH Makes New $27.14 Million Investment in LCI Industries $LCII

Fort Washington Investment Advisors Inc. OH purchased a new stake in shares of LCI Industries (NYSE:LCII) during the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 223,684 shares of the company’s stock, valued at approximately $27,142,000. Fort Washington Investment Advisors Inc. OH owned about 0.92% of LCI Industries as of its most recent filing with the SEC.

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on LCII shares. Loop Capital restated a “hold” rating and set a $149.00 target price on shares of LCI Industries in a research report on Thursday, January 22nd. Benchmark lifted their price objective on LCI Industries from $130.00 to $175.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Zacks Research raised LCI Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Stifel Nicolaus initiated coverage on LCI Industries in a research note on Tuesday. They issued a “buy” rating and a $152.00 target price on the stock. Finally, Roth Mkm reaffirmed a “neutral” rating and set a $164.00 target price on shares of LCI Industries in a report on Thursday, February 19th. One investment 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 company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $156.00.

LCI Industries Stock Down 2.0%

LCII stock opened at $121.33 on Friday. LCI Industries has a one year low of $72.31 and a one year high of $159.66. 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’s fifty day moving average is $139.21 and its 200 day moving average is $118.96. The firm has a market cap of $2.94 billion, a PE ratio of 16.07 and a beta of 1.33.

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

LCI Industries Announces Dividend

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

Insider Buying and Selling

In other news, insider Ryan Richard Smith sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $147.81, for a total value of $2,956,200.00. Following the completion of the sale, 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Jason Lippert sold 30,000 shares of the company’s stock in a transaction that occurred on 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. The trade was a 8.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 90,000 shares of company stock valued at $13,137,900. 3.50% of the stock is owned by company insiders.

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.