Winnebago Industries, Inc. (NYSE:WGO) Shares Bought by Empowered Funds LLC

Empowered Funds LLC lifted its stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 5.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 130,517 shares of the construction company's stock after acquiring an additional 6,326 shares during the period. Empowered Funds LLC owned 0.46% of Winnebago Industries worth $6,236,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of WGO. JPMorgan Chase & Co. lifted its holdings in shares of Winnebago Industries by 25.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company's stock worth $49,714,000 after acquiring an additional 173,274 shares during the period. Janus Henderson Group PLC lifted its holdings in shares of Winnebago Industries by 1,242.6% during the 3rd quarter. Janus Henderson Group PLC now owns 181,579 shares of the construction company's stock worth $10,552,000 after acquiring an additional 168,055 shares during the period. Wellington Management Group LLP purchased a new position in shares of Winnebago Industries during the 3rd quarter worth about $7,750,000. NFJ Investment Group LLC purchased a new position in shares of Winnebago Industries during the 3rd quarter worth about $3,263,000. Finally, Charles Schwab Investment Management Inc. lifted its holdings in shares of Winnebago Industries by 10.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 574,914 shares of the construction company's stock worth $33,408,000 after acquiring an additional 54,272 shares during the period.

Winnebago Industries Stock Up 1.5 %

Shares of WGO traded up $0.68 during mid-day trading on Friday, reaching $45.07. 542,145 shares of the stock traded hands, compared to its average volume of 705,808. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51. The stock has a fifty day simple moving average of $48.72 and a 200 day simple moving average of $54.82. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of -68.29 and a beta of 1.62. Winnebago Industries, Inc. has a 12-month low of $43.69 and a 12-month high of $74.10.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its quarterly earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by ($0.23). The company had revenue of $625.60 million during the quarter, compared to the consensus estimate of $672.23 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The firm's quarterly revenue was down 18.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.06 EPS. Sell-side analysts expect that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Investors of record on Wednesday, January 15th were paid a $0.34 dividend. 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 presently -206.06%.

Insider Buying and Selling

In other Winnebago Industries news, Director Jacqueline D. Woods sold 1,503 shares of the business's stock in a transaction on Thursday, February 13th. The shares were sold at an average price of $44.32, for a total transaction of $66,612.96. Following the completion of the sale, the director now owns 10,985 shares in the company, valued at $486,855.20. The trade was a 12.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 4.63% of the company's stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. StockNews.com downgraded shares of Winnebago Industries from a "hold" rating to a "sell" rating in a research report on Tuesday, October 29th. KeyCorp raised shares of Winnebago Industries from a "sector weight" rating to an "overweight" rating and set a $58.00 target price for the company in a research report on Wednesday, January 8th. Northcoast Research raised shares of Winnebago Industries from a "neutral" rating to a "buy" rating and set a $75.00 target price for the company in a research report on Monday, November 11th. Robert W. Baird dropped their target price 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. Finally, DA Davidson dropped their target price on shares of Winnebago Industries from $55.00 to $54.00 and set a "neutral" rating for the company in a research report on Tuesday, December 24th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat, Winnebago Industries presently has a consensus rating of "Moderate Buy" and an average price target of $65.00.

Winnebago Industries 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.