LCI Industries (NYSE:LCII) Insider Sells $2,956,200.00 in Stock

LCI Industries (NYSE:LCII) insider Ryan Richard Smith sold 20,000 shares of the company’s stock in a transaction on Friday, February 20th. The shares were sold at an average price of $147.81, for a total transaction of $2,956,200.00. Following the sale, the insider owned 10,092 shares of the company’s stock, valued at $1,491,698.52. This represents a 66.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

LCI Industries Price Performance

Shares of LCI Industries stock opened at $135.69 on Friday. The company’s fifty day simple moving average is $139.54 and its two-hundred day simple moving average is $115.78. LCI Industries has a 12-month low of $72.31 and a 12-month high of $159.66. The firm has a market cap of $3.28 billion, a PE ratio of 17.97 and a beta of 1.32. The company has a quick ratio of 1.14, a current ratio of 2.85 and a debt-to-equity ratio of 0.69.

LCI Industries (NYSE:LCII) last posted its earnings results 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. The company 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 period in the prior year, the business posted $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, equities analysts expect that LCI Industries will post 6.76 EPS for the current year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Benchmark raised their price target on LCI Industries from $130.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, February 19th. Wall Street Zen raised shares of LCI Industries from a “buy” rating to a “strong-buy” rating in a research report on Saturday, February 14th. Robert W. Baird set a $150.00 price target on shares of LCI Industries in a research report on Thursday, February 19th. BMO Capital Markets reissued a “market perform” rating and issued a $155.00 price target on shares of LCI Industries in a research note on Wednesday, February 18th. Finally, Roth Mkm reaffirmed a “neutral” rating and set a $164.00 price objective on shares of LCI Industries in a research report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $156.67.

Hedge Funds Weigh In On LCI Industries

Large investors have recently made changes to their positions in the business. M&T Bank Corp grew its stake in shares of LCI Industries by 8,419.2% in the 4th quarter. M&T Bank Corp now owns 739,129 shares of the company’s stock worth $89,686,000 after buying an additional 730,453 shares during the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new stake in shares of LCI Industries in the fourth quarter worth $27,142,000. Bank of Montreal Can increased its holdings in shares of LCI Industries by 70.4% during the second quarter. Bank of Montreal Can now owns 435,844 shares of the company’s stock valued at $39,745,000 after acquiring an additional 180,060 shares in the last quarter. Bridgeway Capital Management LLC purchased a new position in shares of LCI Industries in the 2nd quarter worth about $15,633,000. Finally, Frontier Capital Management Co. LLC raised its position in shares of LCI Industries by 47.0% in the 2nd quarter. Frontier Capital Management Co. LLC now owns 504,761 shares of the company’s stock worth $46,029,000 after purchasing an additional 161,472 shares during the last quarter. 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.