Royce & Associates LP Cuts Holdings in LCI Industries $LCII

Royce & Associates LP reduced its position in LCI Industries (NYSE:LCII) by 2.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 653,056 shares of the company’s stock after selling 18,948 shares during the period. LCI Industries makes up 0.8% of Royce & Associates LP’s investment portfolio, making the stock its 7th largest holding. Royce & Associates LP owned about 2.70% of LCI Industries worth $79,242,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of LCII. AQR Capital Management LLC bought a new position in shares of LCI Industries in the 1st quarter worth $588,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in LCI Industries by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,759 shares of the company’s stock valued at $1,290,000 after acquiring an additional 643 shares in the last quarter. Empowered Funds LLC bought a new position in LCI Industries during the 1st quarter valued at $1,124,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in LCI Industries by 10.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,660 shares of the company’s stock valued at $6,702,000 after acquiring an additional 7,515 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in LCI Industries during the 2nd quarter valued at $1,542,000. 99.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Truist Financial dropped their price objective on LCI Industries from $147.00 to $135.00 and set a “hold” rating on the stock in a research note on Tuesday, April 14th. Benchmark dropped their price objective on LCI Industries from $175.00 to $150.00 and set a “buy” rating on the stock in a research note on Wednesday, May 6th. Wall Street Zen cut LCI Industries from a “buy” rating to a “hold” rating in a research note on Saturday, April 18th. Weiss Ratings cut LCI Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 20th. Finally, BMO Capital Markets restated a “market perform” rating and set a $155.00 price objective on shares of LCI Industries in a research note on Wednesday, February 18th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, LCI Industries currently has a consensus rating of “Hold” and a consensus target price of $149.29.

LCI Industries Trading Down 0.0%

NYSE LCII opened at $111.62 on Tuesday. The stock has a market capitalization of $2.71 billion, a price-to-earnings ratio of 13.71 and a beta of 1.21. LCI Industries has a one year low of $84.25 and a one year high of $159.66. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.91 and a quick ratio of 1.20. The business’s fifty day moving average is $119.09 and its 200-day moving average is $125.87.

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

LCI Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 12th. Stockholders of record on Friday, May 29th will be paid a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.1%. The ex-dividend date is Friday, May 29th. LCI Industries’s payout ratio is presently 56.51%.

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.