Pacer Advisors Inc. Sells 34,930 Shares of LCI Industries $LCII

Pacer Advisors Inc. decreased its stake in shares of LCI Industries (NYSE:LCII) by 26.1% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 99,105 shares of the company’s stock after selling 34,930 shares during the quarter. Pacer Advisors Inc. owned about 0.41% of LCI Industries worth $12,025,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently modified their holdings of the stock. Huntington National Bank boosted its stake in LCI Industries by 79.8% during the fourth quarter. Huntington National Bank now owns 205 shares of the company’s stock worth $25,000 after acquiring an additional 91 shares in the last quarter. Salomon & Ludwin LLC increased its stake in LCI Industries by 1,818.2% in the fourth quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock valued at $26,000 after purchasing an additional 200 shares in the last quarter. Global Retirement Partners LLC acquired a new position in shares of LCI Industries during the fourth quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. raised 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 valued at $58,000 after purchasing an additional 488 shares during the period. Finally, Clearstead Advisors LLC boosted its position in shares of LCI Industries by 36.8% during the 4th quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock worth $63,000 after purchasing an additional 139 shares in the last quarter. Institutional investors own 99.71% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on LCII shares. Truist Financial reduced their target price on LCI Industries from $147.00 to $135.00 and set a “hold” rating for the company in a research note on Tuesday, April 14th. Zacks Research lowered LCI Industries from a “strong-buy” rating to a “hold” rating in a report on Monday, April 20th. Robert W. Baird set a $140.00 price objective on LCI Industries in a research note on Wednesday, May 6th. Wall Street Zen downgraded LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Benchmark lowered their target price on LCI Industries from $175.00 to $150.00 and set a “buy” rating on the stock in a research report on Wednesday, May 6th. Three research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $149.29.

LCI Industries Trading Down 0.4%

NYSE:LCII opened at $91.58 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.91 and a quick ratio of 1.20. LCI Industries has a one year low of $84.33 and a one year high of $159.66. The company has a market cap of $2.22 billion, a PE ratio of 11.25 and a beta of 1.17. The firm has a 50-day moving average of $110.13 and a 200-day moving average of $124.26.

LCI Industries (NYSE:LCII) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share for the quarter, beating the consensus estimate of $2.22 by $0.37. The business had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. LCI Industries had a net margin of 4.84% and a return on equity of 14.03%. The firm’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter last year, the firm earned $2.19 EPS. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, equities research analysts expect that LCI Industries will post 8.95 EPS for the current fiscal year.

LCI Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were given a dividend of $1.15 per share. The ex-dividend date of this dividend was Friday, May 29th. This represents a $4.60 annualized dividend and a dividend yield of 5.0%. LCI Industries’s payout ratio is presently 56.51%.

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.