Janus Henderson Group PLC Trims Position in LCI Industries $LCII

Key Points

• Janus Henderson Group cut its LCI Industries position by 83.7% in the first quarter, selling 58,989 shares and retaining 11,489 shares worth approximately $1.4 million. Institutional investors collectively own 99.71% of the company.
• LCI Industries reported quarterly EPS of $2.70, beating estimates of $2.58, although revenue fell 12.6% year over year to $1.10 billion. The company guided to fiscal 2026 EPS of $8.25–$8.75.
• The company declared a quarterly dividend of $1.15 per share, equivalent to $4.60 annually and a 4.2% yield. Analysts maintain a consensus “Hold” rating with an average price target of $129.88.

Janus Henderson Group PLC decreased its position in LCI Industries (NYSE:LCII - Free Report) by 83.7% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 11,489 shares of the company's stock after selling 58,989 shares during the quarter. Janus Henderson Group PLC's holdings in LCI Industries were worth $1,413,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC purchased a new stake in LCI Industries during the first quarter valued at approximately $588,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in LCI Industries by 4.6% in 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 purchased a new position in shares of LCI Industries in the first quarter worth $1,124,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of 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 valued at $6,702,000 after purchasing an additional 7,515 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new position in LCI Industries during the second quarter valued at approximately $1,542,000. 99.71% of the stock is owned by hedge funds and other institutional investors.

LCI Industries Stock Performance

Shares of NYSE:LCII opened at $108.86 on Monday. The company has a debt-to-equity ratio of 0.59, a quick ratio of 1.20 and a current ratio of 2.49. The firm's 50 day simple moving average is $100.79 and its 200-day simple moving average is $119.15. The firm has a market cap of $2.65 billion, a PE ratio of 12.66 and a beta of 1.18. LCI Industries has a one year low of $84.33 and a one year high of $159.66.

LCI Industries (NYSE:LCII - Get Free Report) last issued its earnings results on Wednesday, August 5th. The company reported $2.70 earnings per share for the quarter, topping the consensus estimate of $2.58 by $0.12. LCI Industries had a return on equity of 14.33% and a net margin of 5.24%.The business had revenue of $1.10 billion during the quarter, compared to analysts' expectations of $1.12 billion. During the same period in the prior year, the business earned $2.39 EPS. The business's revenue for the quarter was down 12.6% compared to the same quarter last year. LCI Industries has set its FY 2026 guidance at 8.250-8.750 EPS. As a group, equities analysts predict that LCI Industries will post 8.49 EPS for the current year.

LCI Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Friday, August 21st will be paid a $1.15 dividend. The ex-dividend date of this dividend is Friday, August 21st. This represents a $4.60 dividend on an annualized basis and a yield of 4.2%. LCI Industries's payout ratio is 53.49%.

Analyst Ratings Changes

LCII has been the subject of a number of recent research reports. Roth Capital raised shares of LCI Industries from a "neutral" rating to a "buy" rating and set a $164.00 target price for the company in a report on Wednesday, May 6th. Jefferies Financial Group reaffirmed a "hold" rating and set a $120.00 price target on shares of LCI Industries in a research note on Thursday. Wall Street Zen cut shares of LCI Industries from a "buy" rating to a "hold" rating in a research note on Saturday, April 18th. Weiss Ratings downgraded shares of LCI Industries from a "hold (c+)" rating to a "hold (c)" rating in a report on Thursday, June 4th. Finally, BMO Capital Markets set a $118.00 target price on shares of LCI Industries in a research report on Thursday. Three investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $129.88.

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.

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