Intech Investment Management LLC Has $2.08 Million Stake in LCI Industries $LCII

Intech Investment Management LLC lifted its holdings in shares of LCI Industries (NYSE:LCII) by 29.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,311 shares of the company’s stock after purchasing an additional 5,027 shares during the period. Intech Investment Management LLC’s holdings in LCI Industries were worth $2,078,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in LCII. Arizona State Retirement System boosted its holdings in shares of LCI Industries by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 7,468 shares of the company’s stock worth $696,000 after buying an additional 103 shares in 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 valued at $118,000 after acquiring an additional 119 shares during the period. SageView Advisory Group LLC boosted its stake in LCI Industries by 6.3% during the second quarter. SageView Advisory Group LLC now owns 2,445 shares of the company’s stock worth $241,000 after acquiring an additional 145 shares in the last quarter. California State Teachers Retirement System grew its holdings in LCI Industries by 0.7% in the second quarter. California State Teachers Retirement System now owns 23,483 shares of the company’s stock worth $2,141,000 after purchasing an additional 159 shares during the period. Finally, Zions Bancorporation National Association UT increased its stake in LCI Industries by 1.1% in the second quarter. Zions Bancorporation National Association UT now owns 15,309 shares of the company’s stock valued at $1,396,000 after purchasing an additional 171 shares in the last quarter. Institutional investors and hedge funds own 99.71% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on LCII. Loop Capital reissued a “hold” rating and issued a $149.00 price objective on shares of LCI Industries in a research note on Thursday, January 22nd. 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. Zacks Research upgraded shares of LCI Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Benchmark lifted their price objective on shares of LCI Industries from $130.00 to $175.00 and gave the company a “buy” rating in a report on Thursday, February 19th. Finally, Truist Financial set a $147.00 target price on shares of LCI Industries in a research report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, LCI Industries has an average rating of “Hold” and a consensus price target of $156.67.

LCI Industries Price Performance

LCII opened at $135.77 on Thursday. LCI Industries has a fifty-two week low of $72.31 and a fifty-two week high of $159.66. The firm has a 50-day moving average of $140.38 and a 200 day moving average of $116.78. 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 cap of $3.29 billion, a P/E ratio of 17.98 and a beta of 1.33.

LCI Industries (NYSE:LCII) last announced its quarterly earnings data on Wednesday, February 18th. The company reported $0.89 earnings per share for the quarter, beating 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 business had revenue of $2.18 billion during the quarter, compared to analyst estimates of $913.04 million. During the same period in the prior year, the company earned $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. On average, research analysts expect that LCI Industries will post 6.76 EPS for the current year.

LCI Industries Announces Dividend

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 3.4%. The ex-dividend date of this dividend is Friday, March 13th. LCI Industries’s dividend payout ratio is presently 60.93%.

Insider Transactions at LCI Industries

In other LCI Industries news, CEO Jason Lippert sold 10,000 shares of the stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $142.76, for a total value of $1,427,600.00. Following the sale, the chief executive officer directly owned 334,973 shares in the company, valued at $47,820,745.48. This represents a 2.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Jamie Schnur sold 10,000 shares of the stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $144.66, for a total value of $1,446,600.00. Following the completion of the sale, the insider owned 19,420 shares in the company, valued at $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. 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 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.