Hillsdale Investment Management Inc. Invests $8.11 Million in LCI Industries $LCII

Hillsdale Investment Management Inc. bought a new position in shares of LCI Industries (NYSE:LCII) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 66,820 shares of the company’s stock, valued at approximately $8,108,000. Hillsdale Investment Management Inc. owned 0.28% of LCI Industries at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in LCII. AQR Capital Management LLC bought a new position in shares of LCI Industries during the first quarter worth approximately $588,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of LCI Industries by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,759 shares of the company’s stock worth $1,290,000 after purchasing an additional 643 shares during the period. Empowered Funds LLC bought a new position in shares of LCI Industries during the first quarter worth approximately $1,124,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of LCI Industries by 10.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,660 shares of the company’s stock worth $6,702,000 after purchasing an additional 7,515 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new position in shares of LCI Industries during the second quarter worth approximately $1,542,000. 99.71% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently commented on LCII. Roth Mkm raised shares of LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 target price on the stock in a report on Wednesday, May 6th. Truist Financial lowered their target price on shares of LCI Industries from $147.00 to $135.00 and set a “hold” rating on the stock in a report on Tuesday, April 14th. Stifel Nicolaus began coverage on shares of LCI Industries in a report on Tuesday, March 24th. They set a “buy” rating and a $152.00 target price on the stock. Wall Street Zen cut shares of LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Weiss Ratings cut shares of LCI Industries from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, May 20th. Three research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $149.29.

LCI Industries Stock Performance

Shares of NYSE:LCII opened at $108.88 on Friday. The company’s 50 day simple moving average is $118.15 and its 200 day simple moving average is $125.83. The stock has a market capitalization of $2.64 billion, a price-to-earnings ratio of 13.38 and a beta of 1.21. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.91 and a quick ratio of 1.20. LCI Industries has a 1 year low of $84.25 and a 1 year high of $159.66.

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

LCI Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 12th. Investors of record on Friday, May 29th will be paid a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Friday, May 29th. LCI Industries’s dividend payout ratio (DPR) is 56.51%.

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.