Benchmark Reiterates Buy Rating on LCI Industries

Benchmark has reiterated its buy rating for LCI Industries (NYSE:LCII) with a price target of $125, as confirmed on June 23, 2026. This comes as the stock traded near $94.14 on Friday.

Other Institutional Activity in LCI Industries

Several institutional investors have been active in LCI Industries. BlackRock, Inc. increased its holdings by 6,355 shares, bringing its total to 3,545,655 shares valued at approximately $436.04 million. FMR LLC boosted its stake by 582,657 shares, now holding 2,034,711 shares worth about $250.23 million, marking a 40.1% increase. Kayne Anderson Rudnick Investment Management LLC decreased its position by 76,495 shares, leaving it with 1,919,273 shares valued at $236.03 million, a reduction of 3.8%. Vanguard Portfolio Management LLC opened a new position with 1,479,123 shares, valued at $181.90 million, while Dimensional Fund Advisors LP added 20,943 shares, totaling 1,412,102 shares worth $173.66 million, a 1.5% increase.

LCI Industries Stock Down 6.9%

Shares of LCI Industries were trading at $94.14 on Friday. The company has a market capitalization of approximately $2.33 billion and a P/E ratio of 11.75, with a forward P/E of 9.53. Its beta of 1.184 suggests moderate volatility compared to the broader market. The stock's 52-week range is between $84.33 and $159.66, with a 50-day moving average of $107.93 and a 200-day moving average of $116.19. The company maintains a current ratio of 2.91 and a quick ratio of 1.062, with a debt-to-equity ratio of 89.05.

Recent Earnings

LCI Industries reported revenue of $4.17 billion, reflecting a growth rate of 4.3%. The company achieved an EPS of $8.16, with a net margin of 4.84% and a return on equity of 14.65%. The next earnings report is scheduled for August 4, 2026.

Dividend

LCI Industries offers an annual dividend rate of $4.60, yielding 4.8% based on recent prices. The dividend payout ratio stands at 56.37%.

Insider Buying and Selling at LCI Industries

On June 3, 2026, Interim CEO John Sirpilla acquired 16,503 shares. On the same day, Graham Tracy sold 1,335 shares, and President and CEO Jason Lippert sold 64,099 shares. Earlier, on May 12, 2026, James Gero bought 13,637 shares at an average price of $112.42 and sold 1,761 and 11,876 shares at the same price.

Analysts Set New Price Targets

On June 23, 2026, Benchmark maintained its buy rating on LCI Industries with a $125 target. The consensus among analysts is a buy recommendation, with a mean price target of $143.50 based on 10 opinions.

About LCI Industries

LCI Industries, headquartered in Elkhart, Indiana, designs and manufactures components for recreational vehicles and other industries. The company operates through its OEM and Aftermarket segments, offering products like chassis, axles, and stabilizers. LCI serves a wide range of markets, including RVs, boats, and modular housing. The company, led by Interim CEO John A. Sirpilla, employs around 12,300 people.

Bottom Line

Benchmark's reiterated buy rating and $125 price target underscore confidence in LCI Industries' prospects. The company's strong market position in the recreational vehicle sector and ongoing product innovations are key factors for investors. Remember, 13F filings like these are backward-looking and represent past holdings.