Quantbot Technologies LP Acquires New Position in LSI Industries Inc. $LYTS

Quantbot Technologies LP acquired a new stake in LSI Industries Inc. (NASDAQ:LYTS) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor acquired 36,340 shares of the construction company’s stock, valued at approximately $966,000. Quantbot Technologies LP owned 0.10% of LSI Industries as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in shares of LSI Industries by 205.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,534 shares of the construction company’s stock valued at $28,000 after buying an additional 1,031 shares during the period. Rockefeller Capital Management L.P. increased its stake in shares of LSI Industries by 57.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 1,714 shares of the construction company’s stock worth $31,000 after acquiring an additional 625 shares during the last quarter. Strs Ohio purchased a new stake in shares of LSI Industries during the first quarter worth $34,000. New York State Teachers Retirement System purchased a new stake in shares of LSI Industries during the fourth quarter worth $36,000. Finally, EverSource Wealth Advisors LLC acquired a new stake in LSI Industries during the second quarter valued at $47,000. Hedge funds and other institutional investors own 73.91% of the company’s stock.

Trending Headlines about LSI Industries

Here are the key news stories impacting LSI Industries this week:

• Positive Sentiment: Analysts remain optimistic about long-term earnings growth. HC Wainwright reiterated its “Buy” rating and raised its EPS forecasts for fiscal 2028, 2029 and 2030 to $1.55, $2.04 and $2.54, respectively. It projects fiscal 2031 EPS of $3.16, compared with the current-year consensus of $1.18.
• Positive Sentiment: Recent financial results exceeded expectations. LSI Industries reported quarterly EPS of $0.38 versus the $0.35 consensus, while revenue of $234.62 million topped estimates of $222.78 million. The company also declared a quarterly dividend of $0.05, equivalent to a 1.0% annualized yield.
• Positive Sentiment: Director buying provides a modest confidence signal. Director Ernest Marshall Jr. purchased 2,000 shares for approximately $39,460, increasing his holdings by 7.51%.
• Neutral Sentiment: Investor attention is also focused on the company’s earnings call. LSI Industries characterized the period as a “transformational year,” but the available headline does not provide additional operating details. LSI Industries Earnings Call Highlights Transformational Year
• Negative Sentiment: Multiple senior executives sold shares. CEO James Anthony Clark sold 47,046 shares for approximately $937,919 across August 24–25. CFO James E. Galeese sold 16,410 shares worth about $327,153, and EVP Thomas A. Caneris sold 11,034 shares worth roughly $219,976. Although each executive retains a sizable position, the coordinated sales may undermine investor confidence and are the clearest near-term negative catalyst.

Analyst Ratings Changes

A number of research analysts have commented on the company. Morgan Stanley set a $30.00 target price on LSI Industries in a research note on Friday, August 21st. Weiss Ratings lowered LSI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, August 18th. Oppenheimer lowered their price target on LSI Industries from $30.00 to $29.00 and set an “outperform” rating for the company in a research note on Friday, August 21st. Wall Street Zen downgraded LSI Industries from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Finally, HC Wainwright reaffirmed a “buy” rating on shares of LSI Industries in a research report on Friday, August 21st. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $29.00.

LSI Industries Price Performance

NASDAQ LYTS opened at $20.27 on Thursday. LSI Industries Inc. has a 1 year low of $17.20 and a 1 year high of $27.36. The company has a fifty day simple moving average of $24.29 and a 200 day simple moving average of $22.65. The company has a current ratio of 1.48, a quick ratio of 0.86 and a debt-to-equity ratio of 0.58. The company has a market cap of $744.11 million, a P/E ratio of 30.25 and a beta of 0.56.

LSI Industries (NASDAQ:LYTS) last announced its earnings results on Thursday, August 20th. The construction company reported $0.38 EPS for the quarter, topping the consensus estimate of $0.35 by $0.03. LSI Industries had a net margin of 3.28% and a return on equity of 8.04%. The firm had revenue of $234.62 million for the quarter, compared to the consensus estimate of $222.78 million. On average, sell-side analysts predict that LSI Industries Inc. will post 1.13 EPS for the current year.

LSI Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Stockholders of record on Monday, August 31st will be paid a $0.05 dividend. The ex-dividend date is Monday, August 31st. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.0%. LSI Industries’s payout ratio is presently 29.85%.

Insider Buying and Selling at LSI Industries

In related news, CEO James Anthony Clark sold 23,706 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $20.09, for a total transaction of $476,253.54. Following the completion of the sale, the chief executive officer owned 609,641 shares in the company, valued at $12,247,687.69. This represents a 3.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Wilfred T. Ogara sold 10,369 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $24.09, for a total value of $249,789.21. Following the sale, the director owned 103,686 shares of the company’s stock, valued at approximately $2,497,795.74. The trade was a 9.09% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 84,859 shares of company stock worth $1,734,837 in the last ninety days. 7.30% of the stock is owned by insiders.

About LSI Industries

LSI Industries, Inc (NASDAQ: LYTS) is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.

In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.