Pacer Advisors Inc. Sells 34,930 Shares of LCI Industries $LCII

Pacer Advisors Inc. lowered its position in LCI Industries (NYSE:LCII) by 26.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 99,105 shares of the company’s stock after selling 34,930 shares during the period. Pacer Advisors Inc.’s holdings in LCI Industries were worth $12,025,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of LCI Industries by 21,741.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 136,288 shares of the company’s stock worth $16,537,000 after buying an additional 135,664 shares during the last quarter. Tudor Investment Corp ET AL purchased a new stake in shares of LCI Industries during the third quarter valued at approximately $2,440,000. Royce & Associates LP lifted its holdings in LCI Industries by 8.6% during the third quarter. Royce & Associates LP now owns 672,004 shares of the company’s stock worth $62,597,000 after acquiring an additional 53,405 shares during the period. Fort Washington Investment Advisors Inc. OH bought a new stake in LCI Industries during the fourth quarter worth $27,142,000. Finally, American Century Companies Inc. boosted its position in LCI Industries by 7.4% in the third quarter. American Century Companies Inc. now owns 870,454 shares of the company’s stock worth $81,083,000 after purchasing an additional 59,734 shares during the last quarter. 99.71% of the stock is owned by institutional investors.

LCI Industries Stock Down 0.4%

LCII opened at $91.58 on Friday. LCI Industries has a 12 month low of $84.33 and a 12 month high of $159.66. The company has a market cap of $2.22 billion, a PE ratio of 11.25 and a beta of 1.17. The company has a current ratio of 2.91, a quick ratio of 1.20 and a debt-to-equity ratio of 0.68. The company has a 50 day moving average of $110.13 and a 200 day moving average of $124.26.

LCI Industries (NYSE:LCII) last posted its earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.22 by $0.37. The firm had revenue of $1.09 billion for the quarter, compared to the consensus estimate of $1.08 billion. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.The business’s quarterly revenue was up 4.3% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.19 earnings per share. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. On average, sell-side analysts expect that LCI Industries will post 8.95 EPS for the current year.

LCI Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were paid a dividend of $1.15 per share. This represents a $4.60 dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Friday, May 29th. LCI Industries’s payout ratio is presently 56.51%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on LCII shares. Roth Mkm raised LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 target price for the company in a research report on Wednesday, May 6th. Wall Street Zen downgraded shares of LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Benchmark reduced their price target on shares of LCI Industries from $175.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, May 6th. Truist Financial lowered their price objective on shares of LCI Industries from $147.00 to $135.00 and set a “hold” rating on the stock in a research report on Tuesday, April 14th. Finally, Zacks Research cut shares of LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Three research 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 has a consensus rating of “Hold” and an average target price of $149.29.

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.