De Lisle Partners LLP grew its holdings in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 9.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 145,223 shares of the construction company's stock after acquiring an additional 13,000 shares during the quarter. Winnebago Industries accounts for approximately 1.4% of De Lisle Partners LLP's investment portfolio, making the stock its 18th biggest position. De Lisle Partners LLP owned about 0.50% of Winnebago Industries worth $8,440,000 at the end of the most recent quarter.
A number of other institutional investors also recently modified their holdings of WGO. Pacer Advisors Inc. lifted its position in Winnebago Industries by 47.8% during the second quarter. Pacer Advisors Inc. now owns 1,431,764 shares of the construction company's stock worth $77,602,000 after purchasing an additional 463,257 shares during the period. 1832 Asset Management L.P. lifted its position in Winnebago Industries by 13.8% during the second quarter. 1832 Asset Management L.P. now owns 1,142,404 shares of the construction company's stock worth $61,918,000 after purchasing an additional 138,327 shares during the period. American Century Companies Inc. lifted its position in Winnebago Industries by 8.8% during the second quarter. American Century Companies Inc. now owns 861,575 shares of the construction company's stock worth $46,697,000 after purchasing an additional 69,453 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Winnebago Industries by 10.4% during the third quarter. Charles Schwab Investment Management Inc. now owns 574,914 shares of the construction company's stock worth $33,408,000 after purchasing an additional 54,272 shares during the period. Finally, Bank of New York Mellon Corp lifted its position in Winnebago Industries by 0.4% during the second quarter. Bank of New York Mellon Corp now owns 376,829 shares of the construction company's stock worth $20,424,000 after purchasing an additional 1,681 shares during the period.
Analyst Upgrades and Downgrades
Several research firms recently weighed in on WGO. Northcoast Research raised shares of Winnebago Industries from a "neutral" rating to a "buy" rating and set a $75.00 price objective for the company in a research report on Monday, November 11th. BMO Capital Markets dropped their target price on shares of Winnebago Industries from $75.00 to $70.00 and set an "outperform" rating for the company in a report on Thursday, October 24th. Truist Financial dropped their target price on shares of Winnebago Industries from $68.00 to $64.00 and set a "buy" rating for the company in a report on Thursday, October 24th. 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 report on Thursday, October 24th. Finally, Benchmark dropped their target price on shares of Winnebago Industries from $75.00 to $70.00 and set a "buy" rating for the company in a report on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $68.13.
Get Our Latest Report on WGO
Insider Buying and Selling at Winnebago Industries
In other Winnebago Industries news, SVP Bret A. Woodson sold 12,187 shares of the stock in a transaction that occurred 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 completion of the sale, the senior vice president now owns 23,728 shares of the company's stock, valued at approximately $1,343,953.92. This represents a 33.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William C. Fisher bought 2,000 shares of the firm's stock in a transaction on Monday, October 28th. The shares were purchased at an average cost of $54.81 per share, with a total value of $109,620.00. Following the transaction, the director now directly owns 32,267 shares in the company, valued at approximately $1,768,554.27. This trade represents a 6.61 % increase in their position. The disclosure for this purchase can be found here. Insiders own 4.63% of the company's stock.
Winnebago Industries Trading Down 0.9 %
Shares of Winnebago Industries stock traded down $0.53 on Thursday, hitting $58.40. The stock had a trading volume of 551,305 shares, compared to its average volume of 695,540. The stock has a 50 day moving average of $58.32 and a 200 day moving average of $57.91. Winnebago Industries, Inc. has a twelve month low of $49.68 and a twelve month high of $75.42. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 2.44. The firm has a market capitalization of $1.69 billion, a P/E ratio of 194.67 and a beta of 1.60.
Winnebago Industries (NYSE:WGO - Get Free Report) last released its earnings results on Wednesday, October 23rd. The construction company reported $0.28 earnings per share for the quarter, missing analysts' consensus estimates of $0.89 by ($0.61). The firm had revenue of $720.90 million for the quarter, compared to analyst estimates of $718.72 million. Winnebago Industries had a net margin of 0.44% and a return on equity of 7.97%. The business's revenue for the quarter was down 6.5% compared to the same quarter last year. During the same period in the prior year, the company posted $1.59 EPS. Sell-side analysts expect that Winnebago Industries, Inc. will post 3.52 earnings per share for the current fiscal year.
Winnebago Industries Company Profile
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Free Report)
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.
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