Entropy Technologies LP Purchases 8,796 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Entropy Technologies LP increased its position in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 89.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,659 shares of the construction company's stock after purchasing an additional 8,796 shares during the quarter. Entropy Technologies LP owned approximately 0.06% of Winnebago Industries worth $1,084,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its holdings in Winnebago Industries by 222.5% in the third quarter. GAMMA Investing LLC now owns 458 shares of the construction company's stock valued at $27,000 after buying an additional 316 shares during the period. Sound Income Strategies LLC boosted its position in shares of Winnebago Industries by 69.1% in the 3rd quarter. Sound Income Strategies LLC now owns 700 shares of the construction company's stock worth $41,000 after purchasing an additional 286 shares during the last quarter. Innealta Capital LLC acquired a new stake in shares of Winnebago Industries during the second quarter worth $45,000. EntryPoint Capital LLC bought a new stake in Winnebago Industries in the first quarter valued at about $75,000. Finally, nVerses Capital LLC bought a new stake in shares of Winnebago Industries in the 2nd quarter valued at about $76,000.

Analyst Upgrades and Downgrades

Several analysts recently commented on WGO shares. StockNews.com downgraded Winnebago Industries from a "hold" rating to a "sell" rating in a research note on Tuesday, October 29th. Robert W. Baird reduced their target price on shares of Winnebago Industries from $70.00 to $64.00 and set an "outperform" rating for the company in a report on Thursday, October 24th. Northcoast Research raised Winnebago Industries from a "neutral" rating to a "buy" rating and set a $75.00 price target on the stock in a research report on Monday. Truist Financial dropped their price objective on Winnebago Industries from $68.00 to $64.00 and set a "buy" rating on the stock in a research note on Thursday, October 24th. Finally, Benchmark lowered their price target on shares of Winnebago Industries from $75.00 to $70.00 and set a "buy" rating on the stock in a report on Tuesday, October 22nd. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, Winnebago Industries currently has an average rating of "Moderate Buy" and a consensus price target of $68.13.

Insider Activity at Winnebago Industries

In other Winnebago Industries news, CEO Michael J. Happe bought 2,500 shares of Winnebago Industries stock in a transaction dated Tuesday, October 29th. The stock was purchased at an average price of $55.52 per share, for a total transaction of $138,800.00. Following the completion of the purchase, the chief executive officer now directly owns 285,953 shares of the company's stock, valued at approximately $15,876,110.56. This trade represents a 0.88 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through this link. Also, SVP Bret A. Woodson sold 12,187 shares of the business's stock in a transaction on Friday, November 1st. The shares were sold at an average price of $56.64, for a total transaction of $690,271.68. Following the sale, the senior vice president now directly owns 23,728 shares in the company, valued at $1,343,953.92. The trade was a 33.93 % decrease in their position. The disclosure for this sale can be found here. 4.63% of the stock is owned by insiders.

Winnebago Industries Stock Down 0.5 %

Shares of WGO stock traded down $0.34 on Thursday, reaching $60.85. 567,879 shares of the company were exchanged, compared to its average volume of 588,027. The company has a 50-day moving average of $57.85 and a 200-day moving average of $58.17. Winnebago Industries, Inc. has a one year low of $49.68 and a one year high of $75.42. The company has a debt-to-equity ratio of 0.50, a current ratio of 2.44 and a quick ratio of 1.36. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 202.82 and a beta of 1.60.

Winnebago Industries (NYSE:WGO - Get Free Report) last released its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.28 EPS for the quarter, missing the consensus estimate of $0.89 by ($0.61). The firm had revenue of $720.90 million for the quarter, compared to the consensus estimate of $718.72 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The company's revenue was down 6.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.59 EPS. Analysts anticipate that Winnebago Industries, Inc. will post 3.62 earnings per share for the current year.

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.