De Lisle Partners LLP Purchases 21,808 Shares of Johnson Outdoors Inc. (NASDAQ:JOUT)

De Lisle Partners LLP boosted its holdings in Johnson Outdoors Inc. (NASDAQ:JOUT - Free Report) by 25.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 105,925 shares of the company's stock after acquiring an additional 21,808 shares during the quarter. De Lisle Partners LLP owned 1.03% of Johnson Outdoors worth $3,839,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its holdings in shares of Johnson Outdoors by 13.9% during the 1st quarter. Vanguard Group Inc. now owns 346,115 shares of the company's stock worth $15,959,000 after acquiring an additional 42,314 shares during the last quarter. Deprince Race & Zollo Inc. lifted its stake in Johnson Outdoors by 35.8% during the second quarter. Deprince Race & Zollo Inc. now owns 223,814 shares of the company's stock worth $7,829,000 after purchasing an additional 59,016 shares during the last quarter. Skylands Capital LLC lifted its stake in Johnson Outdoors by 43.7% during the second quarter. Skylands Capital LLC now owns 161,900 shares of the company's stock worth $5,663,000 after purchasing an additional 49,200 shares during the last quarter. Allspring Global Investments Holdings LLC boosted its holdings in shares of Johnson Outdoors by 33.6% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 75,530 shares of the company's stock worth $2,734,000 after purchasing an additional 19,013 shares in the last quarter. Finally, Rice Hall James & Associates LLC increased its position in shares of Johnson Outdoors by 71.5% during the 3rd quarter. Rice Hall James & Associates LLC now owns 72,211 shares of the company's stock valued at $2,614,000 after purchasing an additional 30,100 shares during the last quarter. Hedge funds and other institutional investors own 64.05% of the company's stock.

Analyst Ratings Changes

Separately, StockNews.com raised shares of Johnson Outdoors from a "sell" rating to a "hold" rating in a report on Thursday, August 8th.

Johnson Outdoors Trading Up 1.5 %

Shares of NASDAQ:JOUT traded up $0.49 on Thursday, reaching $33.29. 16,737 shares of the company traded hands, compared to its average volume of 49,447. Johnson Outdoors Inc. has a 52 week low of $31.60 and a 52 week high of $55.30. The business's 50-day simple moving average is $34.05 and its 200 day simple moving average is $35.48. The stock has a market capitalization of $342.89 million, a P/E ratio of -41.10, a price-to-earnings-growth ratio of 1.70 and a beta of 0.71.

Johnson Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 23rd. Shareholders of record on Wednesday, October 9th were paid a $0.33 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a $1.32 dividend on an annualized basis and a yield of 3.97%. Johnson Outdoors's dividend payout ratio (DPR) is currently -162.96%.

About Johnson Outdoors

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.