Globeflex Capital L P Purchases Shares of 195,394 LSI Industries Inc. $LYTS

Key Points

• Globeflex Capital initiated a position in LSI Industries, purchasing 195,394 shares valued at approximately $5.2 million, or 0.53% of the company. Institutional investors collectively own 73.91% of LYTS.
• LSI reported strong fiscal fourth-quarter results, with revenue rising 51% year over year to $234.6 million and adjusted EPS of $0.38, both exceeding analyst estimates. However, GAAP EPS and net income declined from the prior year.
• The company declared a quarterly dividend of $0.05 per share, equivalent to a 1% annualized yield. Analysts maintain a “Moderate Buy” consensus with a $29 price target, though recent insider selling and lowered targets may weigh on sentiment.

Globeflex Capital L P purchased a new stake in shares of LSI Industries Inc. (NASDAQ:LYTS - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 195,394 shares of the construction company's stock, valued at approximately $5,194,000. Globeflex Capital L P owned 0.53% of LSI Industries as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Northwestern Mutual Wealth Management Co. boosted its stake in LSI Industries by 205.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,534 shares of the construction company's stock valued at $28,000 after buying an additional 1,031 shares in the last quarter. Rockefeller Capital Management L.P. lifted its holdings in LSI Industries by 57.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,714 shares of the construction company's stock valued at $31,000 after acquiring an additional 625 shares during the last quarter. Strs Ohio bought a new position in shares of LSI Industries during the 1st quarter valued at about $34,000. New York State Teachers Retirement System acquired a new position in shares of LSI Industries in the 4th quarter worth approximately $36,000. Finally, EverSource Wealth Advisors LLC acquired a new position in shares of LSI Industries in the 2nd quarter worth approximately $47,000. Institutional investors and hedge funds own 73.91% of the company's stock.

Key Stories Impacting LSI Industries

Here are the key news stories impacting LSI Industries this week:

• Positive Sentiment: Fiscal fourth-quarter revenue increased 51% year over year to $234.6 million, exceeding analysts’ $222.8 million estimate. Organic growth was 8%, led by Display Solutions sales of $164.2 million and Lighting sales of $70.5 million. LSI Industries Fiscal 2026 Results
• Positive Sentiment: Adjusted fourth-quarter EPS was $0.38, above the $0.35 consensus estimate, while adjusted net income reached $14.4 million. Full-year revenue rose 20% to a record $689.4 million, supporting the company’s growth narrative. LSI Industries Earnings Report
• Positive Sentiment: LSI declared a quarterly dividend of $0.05 per share, payable September 8 to shareholders of record August 31. The dividend provides ongoing shareholder income, although the annualized yield is approximately 1%. LSI Industries Dividend Announcement
• Neutral Sentiment: Oppenheimer lowered its price target from $30 to $29 but retained an “outperform” rating, implying substantial potential upside based on the referenced share price. The reduced target suggests a more cautious near-term outlook despite continued analyst support. Benzinga Analyst Update
• Negative Sentiment: GAAP fourth-quarter EPS was $0.18, below the $0.29 Zacks consensus and down from $0.26 a year earlier. Quarterly GAAP net income fell to $6.9 million from $8.2 million, while full-year net income declined to $22.6 million from $24.4 million. Zacks LSI Earnings Analysis
• Negative Sentiment: Recent insider activity showed eight sales and no purchases, including significant selling by executives, which may weigh on sentiment. LSI also had approximately $95 million available under its $350 million credit facility, highlighting leverage and liquidity considerations.

LSI Industries Price Performance

Shares of NASDAQ:LYTS opened at $20.34 on Monday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.86 and a current ratio of 1.48. The company has a market cap of $746.68 million, a PE ratio of 30.36 and a beta of 0.56. LSI Industries Inc. has a 52 week low of $17.20 and a 52 week high of $27.36. The firm has a 50 day simple moving average of $24.59 and a 200 day simple moving average of $22.69.

LSI Industries (NASDAQ:LYTS - Get Free Report) last announced its earnings results on Thursday, August 20th. The construction company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.03. The company had revenue of $234.62 million for the quarter, compared to the consensus estimate of $222.78 million. LSI Industries had a net margin of 3.28% and a return on equity of 8.04%. As a group, research analysts expect that LSI Industries Inc. will post 1.18 earnings per share for the current year.

LSI Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 8th. Investors of record on Monday, August 31st will be paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Monday, August 31st. LSI Industries's dividend payout ratio is currently 29.85%.

Insiders Place Their Bets

In other LSI Industries news, Director Wilfred T. Ogara sold 10,369 shares of LSI Industries stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $24.09, for a total transaction of $249,789.21. Following the transaction, the director owned 103,686 shares of the company's stock, valued at $2,497,795.74. The trade was a 9.09% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Thomas A. Caneris sold 109,226 shares of the company's stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $24.29, for a total value of $2,653,099.54. Following the completion of the transaction, the executive vice president owned 64,790 shares in the company, valued at $1,573,749.10. This represents a 62.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 256,173 shares of company stock worth $6,220,368. 7.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several analysts recently commented on LYTS shares. HC Wainwright reissued a "buy" rating on shares of LSI Industries in a research note on Friday. Morgan Stanley set a $30.00 price target on LSI Industries in a report on Friday. Weiss Ratings lowered LSI Industries from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, August 18th. Oppenheimer decreased their target price on LSI Industries from $30.00 to $29.00 and set an "outperform" rating on the stock in a report on Friday. Finally, Wall Street Zen lowered LSI Industries from a "buy" rating to a "hold" rating in a research report on Saturday, May 16th. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $29.00.

About LSI Industries

LSI Industries, Inc NASDAQ: LYTS is a diversified manufacturer and distributor of lighting, graphics and building technology products. Headquartered in Cincinnati, Ohio, the company develops energy-efficient LED lighting systems, branded and digital graphic displays, and integrated building technology solutions. Serving customers in the retail, quick-service and convenience store, industrial, hospitality and transportation markets, LSI combines design, engineering and manufacturing capabilities to address both aesthetic and functional needs.

In its lighting segment, LSI offers interior and exterior LED fixtures, canopy lights, high-bay and low-bay systems, and specialized horticultural grow lights.

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