Dimensional Fund Advisors LP Acquires 20,943 Shares of LCI Industries $LCII

Dimensional Fund Advisors LP increased its holdings in LCI Industries (NYSE:LCII) by 1.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 1,412,102 shares of the company’s stock after purchasing an additional 20,943 shares during the period. Dimensional Fund Advisors LP owned about 0.06% of LCI Industries worth $173,656,000 as of its most recent filing with the SEC.

A number of other hedge funds have also bought and sold shares of LCII. Huntington National Bank boosted its holdings in shares of LCI Industries by 79.8% during the 4th quarter. Huntington National Bank now owns 205 shares of the company’s stock valued at $25,000 after acquiring an additional 91 shares during the last quarter. Salomon & Ludwin LLC raised its holdings in shares of LCI Industries by 1,818.2% during 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 during the last quarter. Global Retirement Partners LLC purchased a new position in shares of LCI Industries during the fourth quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. lifted its position in 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 lifted its position in LCI Industries by 36.8% during the fourth quarter. Clearstead Advisors LLC now owns 517 shares of the company’s stock valued at $63,000 after purchasing an additional 139 shares during the period. Hedge funds and other institutional investors own 99.71% of the company’s stock.

LCI Industries Trading Down 1.0%

Shares of LCII stock opened at $103.58 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. The company has a market cap of $2.51 billion, a price-to-earnings ratio of 12.72 and a beta of 1.18. LCI Industries has a 1 year low of $84.33 and a 1 year high of $159.66. The firm has a fifty day moving average price of $101.79 and a 200-day moving average price of $121.04.

LCI Industries (NYSE:LCII) last announced its earnings results on Tuesday, May 5th. The company reported $2.59 EPS for the quarter, topping analysts’ consensus estimates of $2.22 by $0.37. LCI Industries had a return on equity of 14.03% and a net margin of 4.84%.The company had revenue of $1.09 billion for the quarter, compared to analysts’ expectations of $1.08 billion. During the same period last year, the firm earned $2.19 EPS. LCI Industries’s revenue for the quarter was up 4.3% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.750-9.250 EPS. As a group, equities analysts predict that LCI Industries will post 8.71 earnings per share for the current year.

LCI Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, June 12th. Shareholders of record on Friday, May 29th were paid a dividend of $1.15 per share. The ex-dividend date was Friday, May 29th. This represents a $4.60 dividend on an annualized basis and a yield of 4.4%. LCI Industries’s dividend payout ratio (DPR) is presently 56.51%.

Analyst Ratings Changes

LCII has been the subject of a number of research analyst reports. Stifel Nicolaus cut their target price on shares of LCI Industries from $152.00 to $137.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Roth Capital raised LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price target on the stock in a report on Wednesday, May 6th. Zacks Research downgraded LCI Industries from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 20th. Wall Street Zen lowered LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Finally, Benchmark reduced their price objective on LCI Industries from $150.00 to $125.00 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. Three investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, LCI Industries presently has a consensus rating of “Hold” and an average target price of $140.57.

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.