Winnebago Industries, Inc. (NYSE:WGO) Shares Purchased by Polaris Capital Management LLC

Polaris Capital Management LLC boosted its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 47.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,467 shares of the construction company’s stock after buying an additional 11,700 shares during the quarter. Polaris Capital Management LLC owned 0.13% of Winnebago Industries worth $1,742,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Wellington Management Group LLP acquired a new stake in Winnebago Industries in the 3rd quarter valued at approximately $7,750,000. Vestcor Inc boosted its holdings in Winnebago Industries by 105.6% during the 3rd quarter. Vestcor Inc now owns 17,205 shares of the construction company’s stock valued at $1,000,000 after acquiring an additional 8,837 shares during the period. Quantbot Technologies LP grew its position in Winnebago Industries by 94.5% in the 3rd quarter. Quantbot Technologies LP now owns 64,291 shares of the construction company’s stock valued at $3,736,000 after acquiring an additional 31,242 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Winnebago Industries by 25.4% in the third quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock valued at $49,714,000 after purchasing an additional 173,274 shares during the period. Finally, Entropy Technologies LP grew its holdings in shares of Winnebago Industries by 89.2% in the third quarter. Entropy Technologies LP now owns 18,659 shares of the construction company’s stock valued at $1,084,000 after purchasing an additional 8,796 shares in the last quarter.

Winnebago Industries Trading Up 2.0 %

NYSE WGO opened at $45.03 on Tuesday. The business’s 50-day moving average price is $49.68 and its 200 day moving average price is $55.18. The company has a debt-to-equity ratio of 0.51, a current ratio of 2.58 and a quick ratio of 1.34. Winnebago Industries, Inc. has a 52-week low of $44.11 and a 52-week high of $74.10.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.23). The company had revenue of $625.60 million for the quarter, compared to analysts’ expectations of $672.23 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. Winnebago Industries’s revenue for the quarter was down 18.0% compared to the same quarter last year. During the same quarter last year, the company earned $1.06 EPS. On average, sell-side analysts predict that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Stockholders of record on Wednesday, January 15th were paid a dividend of $0.34 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.02%. Winnebago Industries’s dividend payout ratio (DPR) is -206.06%.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on WGO shares. Robert W. Baird decreased their price target on shares of Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. Northcoast Research upgraded Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price target on the stock in a report on Monday, November 11th. Benchmark reiterated a “buy” rating and issued a $70.00 price objective on shares of Winnebago Industries in a research note on Monday, December 23rd. BMO Capital Markets cut their target price on shares of Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Finally, Truist Financial boosted their price target on shares of Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a report on Monday. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $65.00.

Winnebago Industries Company Profile

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.