Fisher Asset Management LLC Sells 234,937 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Fisher Asset Management LLC lowered its holdings in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 15.0% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,334,275 shares of the construction company's stock after selling 234,937 shares during the quarter. Fisher Asset Management LLC owned 4.57% of Winnebago Industries worth $97,242,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of WGO. Broad Peak Investment Holdings Ltd. boosted its stake in shares of Winnebago Industries by 108.2% in the fourth quarter. Broad Peak Investment Holdings Ltd. now owns 731,678 shares of the construction company's stock valued at $53,325,000 after purchasing an additional 380,200 shares during the period. Louisiana State Employees Retirement System purchased a new stake in shares of Winnebago Industries during the fourth quarter worth $1,093,000. IFG Advisory LLC raised its stake in shares of Winnebago Industries by 68.2% in the fourth quarter. IFG Advisory LLC now owns 65,789 shares of the construction company's stock valued at $4,795,000 after acquiring an additional 26,669 shares in the last quarter. Schonfeld Strategic Advisors LLC purchased a new position in Winnebago Industries in the third quarter valued at $1,452,000. Finally, Pacer Advisors Inc. grew its stake in Winnebago Industries by 44.7% during the 4th quarter. Pacer Advisors Inc. now owns 675,242 shares of the construction company's stock worth $49,212,000 after purchasing an additional 208,452 shares in the last quarter.

Winnebago Industries Stock Up 2.2 %

NYSE:WGO traded up $1.23 during midday trading on Monday, hitting $56.33. 751,807 shares of the company were exchanged, compared to its average volume of 556,299. Winnebago Industries, Inc. has a fifty-two week low of $54.87 and a fifty-two week high of $75.42. The company has a market capitalization of $1.65 billion, a PE ratio of 16.87 and a beta of 1.72. The company has a current ratio of 2.84, a quick ratio of 1.52 and a debt-to-equity ratio of 0.52. The company has a fifty day simple moving average of $62.00 and a 200 day simple moving average of $66.52.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its earnings results on Thursday, March 21st. The construction company reported $0.93 EPS for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. The business had revenue of $703.60 million for the quarter, compared to analysts' expectations of $692.63 million. Winnebago Industries had a return on equity of 14.15% and a net margin of 3.70%. As a group, equities analysts anticipate that Winnebago Industries, Inc. will post 5.02 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 26th. Shareholders of record on Wednesday, June 12th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 2.20%. The ex-dividend date is Wednesday, June 12th. Winnebago Industries's dividend payout ratio is currently 37.13%.

Wall Street Analyst Weigh In

WGO has been the topic of a number of recent research reports. Roth Mkm restated a "neutral" rating and set a $70.00 target price on shares of Winnebago Industries in a research note on Thursday, March 21st. Truist Financial reduced their price objective on shares of Winnebago Industries from $82.00 to $76.00 and set a "buy" rating on the stock in a report on Friday, May 24th. StockNews.com upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research note on Saturday, April 13th. Finally, DA Davidson raised their price target on Winnebago Industries from $64.00 to $66.00 and gave the company a "neutral" rating in a research note on Tuesday, March 26th. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $73.00.

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.