LCI Industries (NYSE:LCII) CEO Sells $1,480,100.00 in Stock

LCI Industries (NYSE:LCII) CEO Jason Lippert sold 10,000 shares of the stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $148.01, for a total value of $1,480,100.00. Following the completion of the transaction, the chief executive officer directly owned 374,973 shares in the company, valued at $55,499,753.73. The trade was a 2.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Jason Lippert also recently made the following trade(s):

• On Tuesday, February 24th, Jason Lippert sold 10,000 shares of LCI Industries stock. The stock was sold at an average price of $142.76, for a total value of $1,427,600.00.
• On Monday, February 23rd, Jason Lippert sold 30,000 shares of LCI Industries stock. The shares were sold at an average price of $145.03, for a total value of $4,350,900.00.

LCI Industries Stock Performance

Shares of NYSE:LCII opened at $135.69 on Friday. The firm’s 50 day simple moving average is $139.54 and its 200 day simple moving average is $115.78. LCI Industries has a fifty-two week low of $72.31 and a fifty-two week high of $159.66. The company has a market capitalization of $3.28 billion, a price-to-earnings ratio of 17.97 and a beta of 1.32. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.85 and a quick ratio of 1.14.

LCI Industries (NYSE:LCII) last issued its earnings results on Wednesday, February 18th. The company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.69 by $0.20. The firm had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $913.04 million. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. During the same quarter in the prior year, the firm earned $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. As a group, sell-side analysts forecast that LCI Industries will post 6.76 earnings per share for the current year.

Wall Street Analyst Weigh In

Several research firms have weighed in on LCII. Zacks Research upgraded LCI Industries from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of LCI Industries in a research report on Thursday, January 22nd. Benchmark boosted their price objective on LCI Industries from $130.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. BMO Capital Markets reissued a “market perform” rating and set a $155.00 target price on shares of LCI Industries in a research note on Wednesday, February 18th. Finally, Truist Financial set a $147.00 target price on shares of LCI Industries in a report on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $156.67.

Institutional Investors Weigh In On LCI Industries

Several institutional investors have recently bought and sold shares of LCII. Teacher Retirement System of Texas lifted its stake in LCI Industries by 25.0% in the 2nd quarter. Teacher Retirement System of Texas now owns 11,883 shares of the company’s stock valued at $1,084,000 after purchasing an additional 2,380 shares during the last quarter. Timucuan Asset Management Inc. FL raised its stake in LCI Industries by 226.5% in the second quarter. Timucuan Asset Management Inc. FL now owns 35,318 shares of the company’s stock valued at $3,221,000 after buying an additional 24,500 shares during the period. New York State Common Retirement Fund raised its stake in LCI Industries by 563.9% in the third quarter. New York State Common Retirement Fund now owns 51,846 shares of the company’s stock valued at $4,829,000 after buying an additional 44,037 shares during the period. Boston Partners lifted its position in shares of LCI Industries by 33.2% in the second quarter. Boston Partners now owns 320,186 shares of the company’s stock valued at $29,399,000 after buying an additional 79,847 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC boosted its stake in shares of LCI Industries by 424.5% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 47,423 shares of the company’s stock worth $4,417,000 after acquiring an additional 38,381 shares during the period. Institutional investors own 99.71% of the company’s stock.

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.