Amundi Has $477,000 Stock Holdings in LCI Industries $LCII

Key Points

• Amundi cut its LCI Industries stake by 96.5% in the second quarter, selling 124,318 shares and retaining 4,505 shares valued at approximately $477,000. Institutional investors and hedge funds collectively own 99.71% of the company.
• Analysts have a consensus “Hold” rating on LCII, with an average price target of $126.25; Benchmark lowered its target from $150 to $125 while maintaining a Buy rating.
• LCI Industries reported quarterly EPS of $2.70, exceeding estimates, though revenue fell 12.6% year over year. The company pays a quarterly dividend of $1.15 per share, representing a 5.3% annualized yield.

Amundi decreased its position in LCI Industries (NYSE:LCII - Free Report) by 96.5% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,505 shares of the company's stock after selling 124,318 shares during the quarter. Amundi's holdings in LCI Industries were worth $477,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Huntington National Bank grew its holdings 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 last quarter. Clearstead Advisors LLC increased its position in LCI Industries by 36.8% in the 4th quarter. Clearstead Advisors LLC now owns 517 shares of the company's stock worth $63,000 after buying an additional 139 shares during the period. Global Retirement Partners LLC acquired a new position in shares of LCI Industries during the second quarter worth approximately $60,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of LCI Industries during the second quarter worth approximately $64,000. Finally, Assetmark Inc. bought a new stake in shares of LCI Industries in the first quarter valued at approximately $90,000. 99.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on LCII shares. Benchmark lowered their price objective on shares of LCI Industries from $150.00 to $125.00 and set a "buy" rating on the stock in a research note on Tuesday, June 23rd. Weiss Ratings reiterated a "hold (c)" rating on shares of LCI Industries in a research note on Tuesday, September 1st. Jefferies Financial Group reissued a "hold" rating and issued a $120.00 price target on shares of LCI Industries in a report on Thursday, August 6th. Robert W. Baird set a $119.00 price target on shares of LCI Industries in a research report on Thursday, August 6th. Finally, BMO Capital Markets set a $118.00 price objective on shares of LCI Industries in a report on Thursday, August 6th. Three analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, LCI Industries presently has a consensus rating of "Hold" and an average target price of $126.25.

LCI Industries Trading Down 0.6%

LCII stock opened at $87.07 on Thursday. LCI Industries has a 1-year low of $84.33 and a 1-year high of $159.66. The company has a current ratio of 2.49, a quick ratio of 1.20 and a debt-to-equity ratio of 0.59. The business's 50 day moving average is $102.76 and its 200-day moving average is $109.65. The firm has a market cap of $2.12 billion, a P/E ratio of 10.12 and a beta of 1.18.

LCI Industries (NYSE:LCII - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $2.70 EPS for the quarter, topping the consensus estimate of $2.58 by $0.12. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.12 billion. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%.LCI Industries's revenue was down 12.6% on a year-over-year basis. During the same quarter last year, the company earned $2.39 EPS. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. Equities analysts anticipate that LCI Industries will post 8.45 earnings per share for the current fiscal year.

LCI Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 21st were given a dividend of $1.15 per share. The ex-dividend date was Friday, August 21st. This represents a $4.60 dividend on an annualized basis and a dividend yield of 5.3%. LCI Industries's dividend payout ratio (DPR) is 53.49%.

LCI Industries Company Profile

LCI Industries, formerly known as Drew Industries, is a manufacturer and supplier of components and systems used primarily in recreational vehicles (RVs), marine products, and other specialty vehicles. The company operates under the Lippert brand and serves original equipment manufacturers as well as aftermarket customers.

Its product portfolio includes chassis and axles, suspension systems, slide-out mechanisms, leveling and stabilization equipment, windows, doors, awnings, steps, furniture, mattresses, appliances, electronics, and related interior and exterior components.

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