Stifel Nicolaus Begins Coverage on LCI Industries (NYSE:LCII)

Equities researchers at Stifel Nicolaus started coverage on shares of LCI Industries (NYSE:LCII) in a research report issued to clients and investors on Tuesday, Marketbeat Ratings reports. The firm set a “buy” rating and a $152.00 price target on the stock. Stifel Nicolaus’ price target indicates a potential upside of 23.70% from the stock’s current price.

A number of other research analysts have also weighed in on the stock. Loop Capital reaffirmed a “hold” rating and issued a $149.00 price target on shares of LCI Industries in a research note on Thursday, January 22nd. Wall Street Zen downgraded shares of LCI Industries from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 7th. Benchmark raised their price objective on shares of LCI Industries from $130.00 to $175.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. BMO Capital Markets reaffirmed a “market perform” rating and issued a $155.00 price objective on shares of LCI Industries in a research report on Wednesday, February 18th. Finally, Robert W. Baird set a $150.00 target price on shares of LCI Industries in a research note on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $156.00.

LCI Industries Trading Down 0.1%

NYSE LCII opened at $122.87 on Tuesday. The firm has a market cap of $2.97 billion, a P/E ratio of 16.27 and a beta of 1.33. The company has a debt-to-equity ratio of 0.69, a current ratio of 2.85 and a quick ratio of 1.14. The stock’s 50-day moving average is $139.80 and its 200-day moving average is $118.82. LCI Industries has a one year low of $72.31 and a one year high of $159.66.

LCI Industries (NYSE:LCII) last released its quarterly earnings data on Wednesday, February 18th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.20. LCI Industries had a return on equity of 13.55% and a net margin of 4.57%.The business had revenue of $2.18 billion for the quarter, compared to analysts’ expectations of $913.04 million. During the same quarter in the previous year, the business posted $0.37 EPS. LCI Industries has set its FY 2026 guidance at 8.250-9.25 EPS. Sell-side analysts anticipate that LCI Industries will post 6.76 earnings per share for the current fiscal year.

Insider Transactions at LCI Industries

In related news, insider Jamie Schnur sold 10,000 shares of the stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $144.66, for a total transaction of $1,446,600.00. Following the completion of the transaction, the insider owned 19,420 shares in the company, valued at approximately $2,809,297.20. This represents a 33.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Jason Lippert sold 30,000 shares of LCI Industries stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $145.03, for a total transaction of $4,350,900.00. Following the completion of the sale, the chief executive officer owned 344,973 shares in the company, valued at $50,031,434.19. The trade was a 8.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 90,000 shares of company stock valued at $13,137,900 in the last ninety days. 3.50% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On LCI Industries

A number of large investors have recently modified their holdings of LCII. Teacher Retirement System of Texas raised its holdings in LCI Industries by 174.5% during the third quarter. Teacher Retirement System of Texas now owns 32,624 shares of the company’s stock worth $3,039,000 after acquiring an additional 20,741 shares in the last quarter. Timucuan Asset Management Inc. FL grew its stake in LCI Industries by 226.5% in the second quarter. Timucuan Asset Management Inc. FL now owns 35,318 shares of the company’s stock valued at $3,221,000 after purchasing an additional 24,500 shares in the last quarter. New York State Common Retirement Fund increased its position in shares of LCI Industries by 563.9% during the 3rd quarter. New York State Common Retirement Fund now owns 51,846 shares of the company’s stock worth $4,829,000 after purchasing an additional 44,037 shares during the last quarter. Campbell & CO Investment Adviser LLC increased its position in shares of LCI Industries by 424.5% during the 3rd quarter. Campbell & CO Investment Adviser LLC now owns 47,423 shares of the company’s stock worth $4,417,000 after purchasing an additional 38,381 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of LCI Industries by 7.4% during the 3rd quarter. American Century Companies Inc. now owns 870,454 shares of the company’s stock worth $81,083,000 after purchasing an additional 59,734 shares in the last quarter. 99.71% of the stock is currently owned by institutional investors and hedge funds.

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.