Conestoga Capital Advisors LLC Grows Stock Position in LCI Industries $LCII

Conestoga Capital Advisors LLC increased its stake in shares of LCI Industries (NYSE:LCII) by 4.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 204,198 shares of the company’s stock after purchasing an additional 9,365 shares during the quarter. Conestoga Capital Advisors LLC owned 0.84% of LCI Industries worth $25,112,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Huntington National Bank increased its stake in LCI Industries by 79.8% in the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after buying an additional 91 shares during the period. Salomon & Ludwin LLC lifted its stake in shares of LCI Industries by 1,818.2% in the 4th quarter. Salomon & Ludwin LLC now owns 211 shares of the company’s stock worth $26,000 after acquiring an additional 200 shares during the period. Global Retirement Partners LLC purchased a new stake in shares of LCI Industries in the fourth quarter valued at about $30,000. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of LCI Industries by 358.8% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 624 shares of the company’s stock valued at $58,000 after acquiring an additional 488 shares in the last quarter. Finally, Clearstead Advisors LLC boosted its holdings 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 acquiring an additional 139 shares in the last quarter. 99.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently issued reports on LCII. Wall Street Zen cut shares of LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Robert W. Baird set a $140.00 price objective on LCI Industries in a report on Wednesday, May 6th. Zacks Research cut LCI Industries from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 20th. Truist Financial cut 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. Finally, Weiss Ratings cut LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, June 4th. Three equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, LCI Industries currently has an average rating of “Hold” and an average target price of $145.71.

Key Stories Impacting LCI Industries

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

• Positive Sentiment: LCI Industries and Patrick Industries agreed to an all-stock merger that could expand scale and unlock about $150 million in cost synergies. Article Title
• Positive Sentiment: The merger terms give LCII holders a defined stock-for-stock consideration, which can reduce uncertainty if the deal closes as planned. Article Title
• Neutral Sentiment: Several market and legal updates are now centered on merger review and shareholder fairness, suggesting the stock may trade on deal headlines rather than fundamentals in the near term. Article Title
• Negative Sentiment: Investor caution is rising because the merger is not yet closed, and lawsuits/investigations are questioning whether LCI shareholders are getting a fair price. Article Title

LCI Industries Stock Performance

NYSE:LCII opened at $101.95 on Thursday. The firm’s fifty day simple moving average is $105.92 and its 200-day simple moving average is $123.23. The company has a quick ratio of 1.20, a current ratio of 2.91 and a debt-to-equity ratio of 0.68. The stock has a market cap of $2.48 billion, a PE ratio of 12.52 and a beta of 1.18. LCI Industries has a fifty-two week low of $84.33 and a fifty-two week high of $159.66.

LCI Industries (NYSE:LCII) last announced its quarterly earnings data on Tuesday, May 5th. The company reported $2.59 EPS for the quarter, beating the consensus estimate of $2.22 by $0.37. The firm had revenue of $1.09 billion during 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 business’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same quarter last year, the business earned $2.19 earnings per share. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. Analysts expect that LCI Industries will post 8.95 earnings per share for the current fiscal year.

LCI Industries Dividend Announcement

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