12,283 Shares in LCI Industries $LCII Bought by Fox Run Management L.L.C.

Fox Run Management L.L.C. bought a new position in LCI Industries (NYSE:LCIIFree Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 12,283 shares of the company’s stock, valued at approximately $1,490,000. Fox Run Management L.L.C. owned about 0.05% of LCI Industries at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL purchased a new position in LCI Industries in the 3rd quarter worth $2,440,000. Northwestern Mutual Wealth Management Co. raised its stake in shares of LCI Industries by 21,741.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 136,288 shares of the company’s stock valued at $16,537,000 after buying an additional 135,664 shares during the last quarter. Royce & Associates LP raised its stake in shares of LCI Industries by 8.6% during the 3rd quarter. Royce & Associates LP now owns 672,004 shares of the company’s stock valued at $62,597,000 after buying an additional 53,405 shares during the last quarter. Fort Washington Investment Advisors Inc. OH purchased a new position in shares of LCI Industries during the 4th quarter valued at about $27,142,000. Finally, American Century Companies Inc. raised its stake in shares of LCI Industries by 7.4% during 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 last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on LCII. Roth Mkm upgraded LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price objective for the company in a research note on Wednesday, May 6th. Benchmark reduced their price objective on LCI Industries from $175.00 to $150.00 and set a “buy” rating for the company in a research note on Wednesday, May 6th. BMO Capital Markets reiterated a “market perform” rating and set a $155.00 price objective on shares of LCI Industries in a research note on Wednesday, February 18th. Robert W. Baird set a $140.00 price objective on LCI Industries in a research note on Wednesday, May 6th. Finally, Weiss Ratings lowered LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $149.29.

Check Out Our Latest Report on LCII

LCI Industries Price Performance

Shares of LCI Industries stock opened at $92.81 on Tuesday. The company has a quick ratio of 1.20, a current ratio of 2.91 and a debt-to-equity ratio of 0.68. LCI Industries has a twelve month low of $84.33 and a twelve month high of $159.66. The business has a 50-day moving average price of $115.64 and a 200 day moving average price of $125.64. The firm has a market cap of $2.25 billion, a PE ratio of 11.40 and a beta of 1.17.

LCI Industries (NYSE:LCIIGet Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.37. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period in the previous year, the firm posted $2.19 EPS. LCI Industries’s revenue was up 4.3% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. Sell-side analysts predict that LCI Industries will post 8.95 earnings per share for the current fiscal year.

LCI Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 5.0%. The ex-dividend date is Friday, May 29th. LCI Industries’s payout ratio is presently 56.51%.

LCI Industries Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for LCI Industries (NYSE:LCII)

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