Louisiana State Employees Retirement System Invests $1.32 Million in LCI Industries $LCII

Louisiana State Employees Retirement System acquired a new stake in LCI Industries (NYSE:LCII) in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,700 shares of the company’s stock, valued at approximately $1,316,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Huntington National Bank grew its stake in LCI Industries by 79.8% in the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares during the period. Salomon & Ludwin LLC lifted its stake in shares of LCI Industries by 1,818.2% during the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock worth $26,000 after purchasing an additional 200 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of LCI Industries during the fourth quarter worth $30,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of LCI Industries by 358.8% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock worth $58,000 after purchasing an additional 488 shares during the last quarter. Finally, Clearstead Advisors LLC grew its position 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. Hedge funds and other institutional investors own 99.71% of the company’s stock.

LCI Industries Stock Down 0.1%

LCII opened at $103.29 on Friday. LCI Industries has a 1 year low of $84.33 and a 1 year high of $159.66. The firm has a 50 day moving average price of $105.23 and a 200 day moving average price of $122.96. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.20 and a current ratio of 2.91. The company has a market cap of $2.51 billion, a PE ratio of 12.69 and a beta of 1.18.

LCI Industries (NYSE:LCII) last released its quarterly earnings data 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. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. The company had revenue of $1.09 billion during the quarter, compared to the consensus estimate of $1.08 billion. During the same period in the previous year, the firm earned $2.19 earnings per share. LCI Industries’s revenue for the quarter was up 4.3% on a year-over-year basis. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. Sell-side analysts expect that LCI Industries will post 8.83 earnings per share for the current year.

LCI Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were given a $1.15 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $4.60 annualized dividend and a yield of 4.5%. LCI Industries’s dividend payout ratio (DPR) is 56.51%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on LCII shares. Weiss Ratings downgraded 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 shares of LCI Industries in a 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. Stifel Nicolaus began coverage on shares of LCI Industries in a research report on Tuesday, March 24th. They set a “buy” rating and a $152.00 price target for the company. Finally, Benchmark decreased their price target on shares of LCI Industries from $150.00 to $125.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. Three research 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, LCI Industries presently has a consensus rating of “Hold” and a consensus price target of $145.71.

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.