Rice Hall James & Associates LLC Has $12.44 Million Position in LCI Industries $LCII

Rice Hall James & Associates LLC increased its stake in shares of LCI Industries (NYSE:LCII) by 11.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 102,529 shares of the company’s stock after purchasing an additional 10,181 shares during the quarter. Rice Hall James & Associates LLC owned approximately 0.42% of LCI Industries worth $12,441,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. MML Investors Services LLC acquired a new stake in shares of LCI Industries during the fourth quarter worth approximately $360,000. Kestra Advisory Services LLC acquired a new stake in shares of LCI Industries during the fourth quarter worth approximately $64,000. CANADA LIFE ASSURANCE Co boosted its holdings in shares of LCI Industries by 4.0% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 23,255 shares of the company’s stock worth $2,822,000 after purchasing an additional 892 shares during the period. Inspire Advisors LLC increased its holdings in LCI Industries by 5.3% in the fourth quarter. Inspire Advisors LLC now owns 31,174 shares of the company’s stock worth $3,783,000 after buying an additional 1,581 shares during the last quarter. Finally, Bridgewater Associates LP acquired a new position in LCI Industries in the fourth quarter worth approximately $483,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on LCII shares. Zacks Research downgraded LCI Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Benchmark dropped their price objective on LCI Industries from $175.00 to $150.00 and set a “buy” rating on the stock in a report on Wednesday, May 6th. Roth Mkm upgraded LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price objective on the stock in a report on Wednesday, May 6th. 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 report on Tuesday, April 14th. Finally, Stifel Nicolaus started coverage on LCI Industries in a report on Tuesday, March 24th. They issued a “buy” rating and a $152.00 price objective on the stock. Three investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $149.29.

LCI Industries Trading Down 0.4%

NYSE:LCII opened at $92.68 on Tuesday. The stock’s 50 day moving average price is $112.68 and its 200 day moving average price is $124.99. LCI Industries has a 52 week low of $84.33 and a 52 week high of $159.66. The company has a market capitalization of $2.25 billion, a P/E ratio of 11.39 and a beta of 1.17. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.20 and a current ratio of 2.91.

LCI Industries (NYSE:LCII) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $2.59 EPS for the quarter, beating 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 the consensus estimate of $1.08 billion. During the same quarter last year, the company posted $2.19 earnings per share. The company’s revenue for the quarter 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. On average, research analysts forecast that LCI Industries will post 8.95 EPS for the current fiscal year.

LCI Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 12th. Stockholders of record on Friday, May 29th were given a $1.15 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $4.60 dividend on an annualized basis and a dividend yield of 5.0%. LCI Industries’s dividend payout ratio (DPR) is currently 56.51%.

LCI Industries Company 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.