LCI Industries $LCII Shares Sold by Empowered Funds LLC

Empowered Funds LLC reduced its holdings in LCI Industries (NYSE:LCII) by 16.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 93,659 shares of the company’s stock after selling 18,872 shares during the quarter. Empowered Funds LLC’s holdings in LCI Industries were worth $11,518,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. AQR Capital Management LLC acquired a new stake in LCI Industries in the first quarter valued at $588,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of LCI Industries by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,759 shares of the company’s stock valued at $1,290,000 after purchasing an additional 643 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of LCI Industries by 10.9% in 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 valued at $6,702,000 after purchasing an additional 7,515 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in LCI Industries during the second quarter worth about $1,542,000. Finally, EverSource Wealth Advisors LLC grew its position in LCI Industries by 57.1% during the second quarter. EverSource Wealth Advisors LLC now owns 1,172 shares of the company’s stock worth $107,000 after buying an additional 426 shares during the period. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings downgraded shares of LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, June 4th. Robert W. Baird set a $140.00 price objective on LCI Industries in a research note on Wednesday, May 6th. Roth Capital raised LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price objective for the company in a report on Wednesday, May 6th. Zacks Research downgraded LCI Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Finally, Stifel Nicolaus decreased their target price on LCI Industries from $152.00 to $137.00 and set a “buy” rating on the stock in a research report on Monday, July 20th. Three analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $140.57.

LCI Industries Stock Down 0.9%

LCII opened at $106.67 on Thursday. The firm has a market cap of $2.59 billion, a P/E ratio of 13.10 and a beta of 1.18. The business’s fifty day simple moving average is $101.61 and its 200 day simple moving average is $120.57. LCI Industries has a 52 week low of $84.33 and a 52 week high of $159.66. 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 (NYSE:LCII) last released its earnings results on Tuesday, May 5th. The company reported $2.59 EPS for the quarter, topping the consensus estimate of $2.22 by $0.37. The firm had revenue of $1.09 billion during 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%. LCI Industries’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the previous year, the company earned $2.19 EPS. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, equities research analysts anticipate that LCI Industries will post 8.71 EPS for the current fiscal year.

LCI Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were issued a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, May 29th. LCI Industries’s dividend payout ratio (DPR) is 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.