LSI Industries (NASDAQ:LYTS) EVP Thomas Caneris Sells 5,474 Shares

LSI Industries Inc. (NASDAQ:LYTS) EVP Thomas Caneris sold 5,474 shares of the stock in a transaction on Monday, August 24th. The stock was sold at an average price of $19.78, for a total value of $108,275.72. Following the transaction, the executive vice president owned 81,839 shares in the company, valued at $1,618,775.42. The trade was a 6.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

LSI Industries Trading Down 1.8%

Shares of LSI Industries stock opened at $20.27 on Thursday. The firm has a 50-day moving average of $24.29 and a 200-day moving average of $22.65. The stock has a market cap of $744.11 million, a PE ratio of 30.25 and a beta of 0.56. LSI Industries Inc. has a 52-week low of $17.20 and a 52-week high of $27.36. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.86 and a current ratio of 1.48.

LSI Industries (NASDAQ:LYTS) last released its quarterly earnings results on Thursday, August 20th. The construction company reported $0.38 EPS for the quarter, topping analysts’ consensus estimates of $0.35 by $0.03. LSI Industries had a net margin of 3.28% and a return on equity of 8.04%. The business had revenue of $234.62 million for the quarter, compared to analyst estimates of $222.78 million. As a group, sell-side analysts forecast that LSI Industries Inc. will post 1.13 EPS for the current year.

LSI Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 31st will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $0.20 annualized dividend and a dividend yield of 1.0%. LSI Industries’s dividend payout ratio (DPR) is currently 29.85%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LYTS. HC Wainwright reiterated a “buy” rating on shares of LSI Industries in a research note on Friday, August 21st. Morgan Stanley set a $30.00 price objective on LSI Industries in a research note on Friday, August 21st. Weiss Ratings cut LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 18th. Wall Street Zen downgraded LSI Industries from a “buy” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Oppenheimer reduced their target price on LSI Industries from $30.00 to $29.00 and set an “outperform” rating on the stock in a report on Friday, August 21st. Three research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $29.00.

Hedge Funds Weigh In On LSI Industries

A number of hedge funds have recently modified their holdings of LYTS. North Star Investment Management Corp. boosted its position in LSI Industries by 40.7% during the first quarter. North Star Investment Management Corp. now owns 276,463 shares of the construction company’s stock worth $5,142,000 after purchasing an additional 80,000 shares during the period. Allspring Global Investments Holdings LLC bought a new stake in shares of LSI Industries in the first quarter valued at approximately $2,107,000. Diamond Hill Capital Management LLC Investment Advisor purchased a new stake in shares of LSI Industries during the 2nd quarter valued at approximately $5,324,000. Globeflex Capital L P purchased a new stake in shares of LSI Industries during the 2nd quarter valued at approximately $5,194,000. Finally, AltraVue Capital LLC boosted its holdings in LSI Industries by 8.0% in the 4th quarter. AltraVue Capital LLC now owns 1,445,833 shares of the construction company’s stock worth $26,488,000 after buying an additional 106,693 shares during the period. Institutional investors and hedge funds own 73.91% of the company’s stock.

Key Stories Impacting LSI Industries

Here are the key news stories impacting LSI Industries this week:

• Positive Sentiment: HC Wainwright maintained its Buy rating and raised longer-term forecasts. The firm lifted its EPS estimates for fiscal 2028 to $1.55, fiscal 2029 to $2.04 and fiscal 2030 to $2.54, while projecting fiscal 2031 EPS of $3.16. These increases support the investment case for LSI Industries’ transformation and future earnings growth.
• Positive Sentiment: Recent quarterly results beat expectations. LSI Industries reported EPS of $0.38 versus the $0.35 consensus, while revenue of $234.62 million exceeded the $222.78 million estimate. The company also declared a quarterly dividend of $0.05 per share, or $0.20 annualized.
• Neutral Sentiment: The company’s earnings call highlighted a “transformational year.” However, the available report provides limited additional detail on operating performance or the outlook. LSI Industries Earnings Call Highlights Transformational Year
• Negative Sentiment: HC Wainwright significantly cut its fiscal 2027 EPS forecast. The estimate was reduced to $0.72 from $1.33, below the current full-year consensus estimate of $1.13. The firm expects only $0.03 EPS in the second quarter of fiscal 2027, potentially raising concerns about near-term earnings momentum despite its Buy rating.
• Negative Sentiment: Multiple senior executives sold shares. CEO James Anthony Clark sold 47,046 shares for approximately $937,919 across August 24–25. CFO James E. Galeese sold 16,410 shares worth about $327,153, while EVP Thomas A. Caneris sold 11,034 shares valued at roughly $219,976. Each executive retained a meaningful stake, but the concentration of sales may weigh on investor confidence. LSI Industries CEO Insider Sale

About LSI Industries

LSI Industries, Inc (NASDAQ: LYTS) is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.

In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.