Intrinsic Edge Capital Management LLC Takes $6.15 Million Position in LCI Industries $LCII

Intrinsic Edge Capital Management LLC acquired a new stake in LCI Industries (NYSE:LCII) during the 1st quarter, HoldingsChannel.com reports. The fund acquired 50,000 shares of the company’s stock, valued at approximately $6,149,000. LCI Industries accounts for about 1.0% of Intrinsic Edge Capital Management LLC’s holdings, making the stock its 26th biggest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Amundi bought a new stake in shares of LCI Industries during the first quarter valued at approximately $15,843,000. California State Teachers Retirement System increased its position in LCI Industries by 21.1% in the 1st quarter. California State Teachers Retirement System now owns 28,342 shares of the company’s stock valued at $3,485,000 after acquiring an additional 4,938 shares during the period. Quantinno Capital Management LP grew its stake in shares of LCI Industries by 180.0% in the first quarter. Quantinno Capital Management LP now owns 20,365 shares of the company’s stock worth $2,505,000 after purchasing an additional 13,092 shares in the last quarter. Rice Hall James & Associates LLC increased its holdings in shares of LCI Industries by 2.7% during the first quarter. Rice Hall James & Associates LLC now owns 105,343 shares of the company’s stock valued at $12,955,000 after purchasing an additional 2,814 shares during the period. Finally, Lombard Odier Asset Management USA Corp bought a new stake in shares of LCI Industries during the first quarter valued at about $300,000. Institutional investors own 99.71% of the company’s stock.

LCI Industries Trading Down 0.9%

Shares of NYSE:LCII opened at $106.67 on Thursday. 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 has a market capitalization of $2.59 billion, a price-to-earnings ratio of 13.10 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 company has a 50 day moving average price of $101.61 and a 200 day moving average price of $120.57.

LCI Industries (NYSE:LCII) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $2.59 earnings per share (EPS) for the quarter, beating the consensus estimate 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 quarter in the prior year, the company earned $2.19 earnings per share. The firm’s 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. On average, research analysts anticipate that LCI Industries will post 8.71 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 issued a $1.15 dividend. This represents a $4.60 dividend on an annualized basis and a dividend yield of 4.3%. The ex-dividend date was Friday, May 29th. LCI Industries’s payout ratio is presently 56.51%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Robert W. Baird set a $140.00 target price on shares of LCI Industries in a research report on Wednesday, May 6th. Wall Street Zen cut shares of LCI Industries from a “buy” rating to a “hold” rating in a report on Saturday, April 18th. Benchmark dropped their target price on LCI Industries from $150.00 to $125.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. Weiss Ratings lowered LCI Industries from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, June 4th. Finally, Roth Capital raised LCI Industries from a “neutral” rating to a “buy” rating and set a $164.00 price objective on the stock in a research note on Wednesday, May 6th. Three analysts have rated the stock with a Buy rating and six have given 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.

LCI Industries Profile

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.