Y Intercept Hong Kong Ltd Purchases 9,038 Shares of LCI Industries $LCII

Y Intercept Hong Kong Ltd increased its holdings in LCI Industries (NYSE:LCII) by 504.6% during the second quarter, HoldingsChannel reports. The institutional investor owned 10,829 shares of the company’s stock after acquiring an additional 9,038 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in LCI Industries were worth $1,147,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in LCII. Northwestern Mutual Wealth Management Co. raised its position in shares of LCI Industries by 21,741.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 136,288 shares of the company’s stock worth $16,537,000 after acquiring an additional 135,664 shares during the last quarter. Intrinsic Edge Capital Management LLC acquired a new stake in LCI Industries during the 1st quarter valued at approximately $6,149,000. Principal Financial Group Inc. increased its position in LCI Industries by 36.7% during the 1st quarter. Principal Financial Group Inc. now owns 655,917 shares of the company’s stock valued at $80,666,000 after purchasing an additional 176,101 shares during the period. Fox Run Management L.L.C. bought a new position in LCI Industries during the 4th quarter worth approximately $1,490,000. Finally, Conestoga Capital Advisors LLC raised its holdings in LCI Industries by 13.6% during the 4th quarter. Conestoga Capital Advisors LLC now owns 194,833 shares of the company’s stock worth $23,641,000 after purchasing an additional 23,269 shares during the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

LCI Industries Stock Down 0.1%

Shares of NYSE LCII opened at $107.21 on Thursday. The company has a quick ratio of 1.20, a current ratio of 2.49 and a debt-to-equity ratio of 0.59. The firm has a market cap of $2.61 billion, a PE ratio of 12.47 and a beta of 1.18. The company’s fifty day simple moving average is $100.77 and its 200 day simple moving average is $118.31. 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 the consensus estimate of $2.58 by $0.12. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. LCI Industries had a net margin of 5.24% and a return on equity of 14.33%. The business’s revenue was down 12.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $2.39 earnings per share. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, sell-side analysts forecast that LCI Industries will post 8.45 earnings per share for the current fiscal year.

LCI Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be given a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a yield of 4.3%. The ex-dividend date of this dividend is Friday, August 21st. LCI Industries’s payout ratio is presently 53.49%.

Wall Street Analysts Forecast Growth

LCII has been the topic of a number of analyst reports. Roth Capital reaffirmed a “buy” rating and issued a $135.00 price objective (down from $155.00) on shares of LCI Industries in a research note on Monday. BMO Capital Markets set a $118.00 target price on shares of LCI Industries in a research note on Thursday, August 6th. Weiss Ratings lowered shares of LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Truist Financial cut their price target on shares of LCI Industries from $135.00 to $114.00 and set a “hold” rating on the stock in a research report on Wednesday, July 8th. Finally, Zacks Research downgraded LCI Industries from a “hold” rating to a “strong sell” rating in a report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price 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.