Fort Washington Investment Advisors Inc. OH Has $23.05 Million Holdings in LCI Industries $LCII

Fort Washington Investment Advisors Inc. OH trimmed its holdings in LCI Industries (NYSE:LCII) by 16.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 187,441 shares of the company’s stock after selling 36,243 shares during the period. Fort Washington Investment Advisors Inc. OH owned about 0.77% of LCI Industries worth $23,051,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. AQR Capital Management LLC bought a new position in shares of LCI Industries during the 1st quarter valued at about $588,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in LCI Industries by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 14,759 shares of the company’s stock worth $1,290,000 after purchasing an additional 643 shares in the last quarter. Empowered Funds LLC bought a new stake in LCI Industries during the 1st quarter worth approximately $1,124,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in LCI Industries by 10.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 76,660 shares of the company’s stock worth $6,702,000 after buying an additional 7,515 shares during the period. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in LCI Industries during the 2nd quarter worth approximately $1,542,000. 99.71% of the stock is currently owned by institutional investors.

LCI Industries Trading Down 0.0%

NYSE LCII opened at $95.85 on Monday. LCI Industries has a 52 week low of $84.33 and a 52 week high of $159.66. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.20 and a current ratio of 2.91. The stock’s 50 day moving average price is $107.02 and its two-hundred day moving average price is $123.57. The stock has a market capitalization of $2.33 billion, a price-to-earnings ratio of 11.77 and a beta of 1.17.

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

LCI Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, June 12th. Investors of record on Friday, May 29th were given a $1.15 dividend. The ex-dividend date of this dividend was Friday, May 29th. This represents a $4.60 dividend on an annualized basis and a yield of 4.8%. LCI Industries’s dividend payout ratio (DPR) is 56.51%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the stock. Benchmark reduced their price target on shares of LCI Industries from $150.00 to $125.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd. Zacks Research lowered shares of 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 shares of LCI Industries in a research report on Wednesday, May 6th. Weiss Ratings lowered shares of LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Finally, Truist Financial lowered their target price on LCI Industries from $147.00 to $135.00 and set a “hold” rating for the company in a report on Tuesday, April 14th. Three equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $145.71.

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.