LCI Industries (NYSE:LCII) Earns Buy Rating from Analysts at Stifel Nicolaus

Stifel Nicolaus assumed coverage on shares of LCI Industries (NYSE:LCII) in a report published on Tuesday morning, Marketbeat reports. The brokerage issued a buy rating and a $152.00 target price on the stock.

Other research analysts have also issued research reports about the stock. Wall Street Zen lowered shares of LCI Industries from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 7th. Zacks Research upgraded shares of LCI Industries from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Robert W. Baird set a $150.00 price target on shares of LCI Industries in a report on Thursday, February 19th. Roth Mkm reaffirmed a “neutral” rating and set a $164.00 price target on shares of LCI Industries in a research report on Thursday, February 19th. Finally, Loop Capital reiterated a “hold” rating and set a $149.00 price objective on shares of LCI Industries in a report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, LCI Industries has an average rating of “Hold” and a consensus price target of $156.00.

LCI Industries Price Performance

Shares of LCII stock opened at $123.49 on Tuesday. LCI Industries has a 1-year low of $72.31 and a 1-year high of $159.66. The stock’s 50-day moving average is $139.53 and its 200 day moving average is $118.85. The company has a market cap of $2.99 billion, a P/E ratio of 16.36 and a beta of 1.33. 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 announced its earnings results on Wednesday, February 18th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.20. LCI Industries had a net margin of 4.57% and a return on equity of 13.55%. The business had revenue of $2.18 billion during the quarter, compared to the consensus estimate of $913.04 million. During the same period in the previous year, the company posted $0.37 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. Research analysts predict that LCI Industries will post 6.76 earnings per share for the current fiscal year.

LCI Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Friday, March 13th will be paid a $1.15 dividend. The ex-dividend date is Friday, March 13th. This represents a $4.60 dividend on an annualized basis and a yield of 3.7%. LCI Industries’s dividend payout ratio (DPR) is 60.93%.

Insiders Place Their Bets

In other LCI Industries news, insider Jamie Schnur sold 10,000 shares of the firm’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $144.66, for a total value of $1,446,600.00. Following the completion of the transaction, the insider owned 19,420 shares of the company’s stock, valued at approximately $2,809,297.20. This trade represents a 33.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Jason Lippert sold 10,000 shares of LCI Industries stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $142.76, for a total transaction of $1,427,600.00. Following the sale, the chief executive officer owned 334,973 shares of the company’s stock, valued at $47,820,745.48. The trade was a 2.90% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 90,000 shares of company stock valued at $13,137,900. Insiders own 3.50% of the company’s stock.

Hedge Funds Weigh In On LCI Industries

Hedge funds have recently made changes to their positions in the company. Rockefeller Capital Management L.P. grew its stake in LCI Industries by 228.3% during the 4th quarter. Rockefeller Capital Management L.P. now owns 847 shares of the company’s stock valued at $103,000 after purchasing an additional 589 shares during the last quarter. Corient Private Wealth LLC raised its stake in shares of LCI Industries by 30.9% in the fourth quarter. Corient Private Wealth LLC now owns 3,334 shares of the company’s stock worth $405,000 after purchasing an additional 787 shares during the last quarter. T. Rowe Price Investment Management Inc. purchased a new position in shares of LCI Industries in the fourth quarter worth about $8,581,000. Invesco Ltd. lifted its holdings in shares of LCI Industries by 24.0% during the fourth quarter. Invesco Ltd. now owns 126,775 shares of the company’s stock worth $15,383,000 after purchasing an additional 24,526 shares during the period. Finally, First Citizens Bank & Trust Co. lifted its holdings in shares of LCI Industries by 52.5% during the fourth quarter. First Citizens Bank & Trust Co. now owns 4,120 shares of the company’s stock worth $500,000 after purchasing an additional 1,419 shares during the period. 99.71% of the stock is owned by institutional investors and hedge funds.

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.