LCI Industries $LCII Shares Bought by Fort Washington Investment Advisors Inc. OH

Fort Washington Investment Advisors Inc. OH boosted its holdings in LCI Industries (NYSE:LCII) by 28.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 298,222 shares of the company’s stock after purchasing an additional 66,440 shares during the quarter. Fort Washington Investment Advisors Inc. OH’s holdings in LCI Industries were worth $24,952,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of LCII. Congress Asset Management Co. raised its holdings in LCI Industries by 21.0% during the third quarter. Congress Asset Management Co. now owns 79,087 shares of the company’s stock worth $6,617,000 after buying an additional 13,749 shares during the last quarter. Central Pacific Bank Trust Division lifted its stake in shares of LCI Industries by 30.4% in the third quarter. Central Pacific Bank Trust Division now owns 1,974 shares of the company’s stock valued at $165,000 after buying an additional 460 shares in the last quarter. Versant Capital Management Inc grew its holdings in shares of LCI Industries by 354.5% during the third quarter. Versant Capital Management Inc now owns 459 shares of the company’s stock valued at $38,000 after buying an additional 358 shares during the last quarter. Tidal Investments LLC grew its holdings in shares of LCI Industries by 21.3% during the second quarter. Tidal Investments LLC now owns 9,403 shares of the company’s stock valued at $996,000 after buying an additional 1,651 shares during the last quarter. Finally, Engineers Gate Manager LP grew its holdings in shares of LCI Industries by 305.2% during the second quarter. Engineers Gate Manager LP now owns 16,127 shares of the company’s stock valued at $1,708,000 after buying an additional 12,147 shares during the last quarter. Institutional investors own 99.71% of the company’s stock.

LCI Industries Trading Up 7.6%

NYSE LCII opened at $84.11 on Friday. The firm has a market capitalization of $2.04 billion, a P/E ratio of 9.59 and a beta of 1.21. The business has a fifty day simple moving average of $93.58 and a 200 day simple moving average of $103.29. LCI Industries has a 12 month low of $77.58 and a 12 month high of $159.66. The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59.

LCI Industries (NYSE:LCII) last issued its quarterly earnings data 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 business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.12 billion. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%. The business’s revenue was down 12.6% on a year-over-year basis. During the same period last year, the business earned $2.39 EPS. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. On average, analysts predict that LCI Industries will post 8.45 EPS for the current fiscal year.

LCI Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Stockholders of record on Friday, August 21st were issued a $1.15 dividend. The ex-dividend date was Friday, August 21st. This represents a $4.60 annualized dividend and a dividend yield of 5.5%. LCI Industries’s dividend payout ratio is currently 53.49%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on LCII shares. Benchmark decreased their target price on shares of LCI Industries from $150.00 to $125.00 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. BMO Capital Markets set a $118.00 price target on shares of LCI Industries in a research report on Thursday, August 6th. Stifel Nicolaus cut their price target on LCI Industries from $137.00 to $130.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Robert W. Baird set a $119.00 price target on LCI Industries in a research note on Thursday, August 6th. Finally, Weiss Ratings lowered LCI Industries from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, October 8th. Three equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, LCI Industries presently has an average rating of “Hold” and an average target price of $126.25.

LCI Industries Company Profile

LCI Industries, operating primarily through its Lippert subsidiary, is a manufacturer and supplier of components and systems for recreational vehicles, marine vessels and other specialty vehicles. Its products are used by original equipment manufacturers and sold through aftermarket and distribution channels.

The company’s product portfolio includes chassis, axles, suspension systems, slide-out mechanisms, leveling systems, windows, doors, awnings, steps, towing equipment, furniture, mattresses, appliances, electronics and plumbing products.