Jupiter Topco LLC Acquires New Stake in LCI Industries $LCII

Jupiter Topco LLC bought a new position in shares of LCI Industries (NYSE:LCII) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 8,989 shares of the company’s stock, valued at approximately $954,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of LCII. Huntington National Bank increased its stake in LCI Industries by 79.8% during the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after purchasing an additional 91 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of LCI Industries during the fourth quarter worth about $30,000. Northwestern Mutual Wealth Management Co. boosted its stake in shares of LCI Industries by 358.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock valued at $58,000 after purchasing an additional 488 shares during the period. Clearstead Advisors LLC boosted its stake in shares of LCI Industries by 36.8% in the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock valued at $63,000 after purchasing an additional 139 shares during the period. Finally, Kestra Advisory Services LLC acquired a new position in shares of LCI Industries in the fourth quarter valued at approximately $64,000. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

LCI Industries Stock Performance

Shares of LCII stock opened at $102.29 on Friday. The company has a market cap of $2.49 billion, a P/E ratio of 11.89 and a beta of 1.18. The firm has a fifty day moving average price of $104.37 and a 200 day moving average price of $112.85. The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59. LCI Industries has a 12 month low of $84.33 and a 12 month high of $159.66.

LCI Industries (NYSE:LCII) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, beating analysts’ consensus estimates of $2.58 by $0.12. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.12 billion. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%.LCI Industries’s quarterly revenue was down 12.6% on a year-over-year basis. During the same period last year, the firm earned $2.39 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Sell-side analysts predict that LCI Industries will post 8.45 earnings per share for the current fiscal year.

LCI Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were given a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a dividend yield of 4.5%. The ex-dividend date of this dividend was Friday, August 21st. LCI Industries’s dividend payout ratio (DPR) is 53.49%.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on LCII shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LCI Industries in a research note on Tuesday. BMO Capital Markets set a $118.00 price target on shares of LCI Industries in a research report on Thursday, August 6th. Robert W. Baird set a $119.00 price target on shares of LCI Industries in a research note on Thursday, August 6th. Stifel Nicolaus cut their price objective on LCI Industries from $137.00 to $130.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $120.00 price objective on shares of LCI Industries in a research report on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $126.25.

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.