Swiss National Bank Has $2.72 Million Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Swiss National Bank raised its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 0.7% in the fourth quarter, Holdings Channel reports. The fund owned 56,900 shares of the construction company’s stock after acquiring an additional 400 shares during the period. Swiss National Bank’s holdings in Winnebago Industries were worth $2,719,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. Intech Investment Management LLC raised its holdings in shares of Winnebago Industries by 123.5% during the third quarter. Intech Investment Management LLC now owns 13,960 shares of the construction company’s stock worth $811,000 after acquiring an additional 7,715 shares during the period. Charles Schwab Investment Management Inc. raised its stake in shares of Winnebago Industries by 10.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 574,914 shares of the construction company’s stock valued at $33,408,000 after purchasing an additional 54,272 shares during the period. FMR LLC boosted its position in shares of Winnebago Industries by 76.0% during the third quarter. FMR LLC now owns 3,623 shares of the construction company’s stock worth $211,000 after buying an additional 1,565 shares during the period. BNP Paribas Financial Markets boosted its position in shares of Winnebago Industries by 23.6% during the third quarter. BNP Paribas Financial Markets now owns 15,844 shares of the construction company’s stock worth $921,000 after buying an additional 3,030 shares during the period. Finally, FORA Capital LLC acquired a new stake in Winnebago Industries in the 3rd quarter valued at approximately $217,000.

Winnebago Industries Price Performance

Shares of NYSE:WGO opened at $37.67 on Friday. The firm has a 50 day moving average of $41.71 and a 200-day moving average of $50.78. Winnebago Industries, Inc. has a 12 month low of $33.62 and a 12 month high of $74.10. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. The stock has a market capitalization of $1.07 billion, a PE ratio of -57.07 and a beta of 1.70.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.19. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The firm had revenue of $620.20 million for the quarter, compared to the consensus estimate of $621.41 million. During the same quarter last year, the business posted $0.93 EPS. The company’s revenue was down 11.9% compared to the same quarter last year. On average, equities research analysts predict that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be issued a $0.34 dividend. The ex-dividend date is Wednesday, April 16th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.61%. Winnebago Industries’s dividend payout ratio (DPR) is currently -206.06%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on WGO shares. KeyCorp cut their price objective on shares of Winnebago Industries from $58.00 to $47.00 and set an “overweight” rating on the stock in a research report on Thursday, March 20th. DA Davidson reduced their price objective on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a research note on Tuesday, December 24th. Benchmark reaffirmed a “buy” rating and issued a $70.00 target price on shares of Winnebago Industries in a research report on Monday, December 23rd. Citigroup reduced their price target on Winnebago Industries from $51.00 to $43.00 and set a “buy” rating for the company in a research report on Wednesday, March 19th. Finally, Truist Financial boosted their price target on Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $60.00.

Insider Activity

In related news, Director Jacqueline D. Woods sold 1,503 shares of the firm’s stock in a transaction on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total transaction of $66,612.96. Following the sale, the director now owns 10,985 shares of the company’s stock, valued at $486,855.20. This trade represents a 12.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 4.63% of the stock is currently owned by corporate insiders.

About Winnebago Industries

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.