Polaris Capital Management LLC Purchases 11,700 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Polaris Capital Management LLC lifted its position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 47.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 36,467 shares of the construction company's stock after acquiring an additional 11,700 shares during the quarter. Polaris Capital Management LLC owned approximately 0.13% of Winnebago Industries worth $1,742,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Empowered Funds LLC boosted its holdings in shares of Winnebago Industries by 5.1% during the 4th quarter. Empowered Funds LLC now owns 130,517 shares of the construction company's stock valued at $6,236,000 after acquiring an additional 6,326 shares in the last quarter. Vest Financial LLC grew its position in shares of Winnebago Industries by 88.6% in the 4th quarter. Vest Financial LLC now owns 47,858 shares of the construction company's stock valued at $2,287,000 after buying an additional 22,477 shares during the last quarter. Hager Investment Management Services LLC bought a new stake in shares of Winnebago Industries in the 4th quarter valued at about $216,000. R Squared Ltd bought a new stake in shares of Winnebago Industries in the 4th quarter valued at about $43,000. Finally, Cascade Investment Advisors Inc. grew its position in shares of Winnebago Industries by 1.7% in the 4th quarter. Cascade Investment Advisors Inc. now owns 22,898 shares of the construction company's stock valued at $1,094,000 after buying an additional 380 shares during the last quarter.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. StockNews.com lowered Winnebago Industries from a "hold" rating to a "sell" rating in a research report on Tuesday, October 29th. Truist Financial upped their price target on Winnebago Industries from $56.00 to $58.00 and gave the company a "buy" rating in a research report on Monday. Benchmark reiterated a "buy" rating and issued a $70.00 price target on shares of Winnebago Industries in a research report on Monday, December 23rd. BMO Capital Markets reduced their price target on Winnebago Industries from $75.00 to $70.00 and set an "outperform" rating on the stock in a research report on Thursday, October 24th. Finally, KeyCorp upgraded Winnebago Industries from a "sector weight" rating to an "overweight" rating and set a $58.00 target price on the stock in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, Winnebago Industries has a consensus rating of "Moderate Buy" and a consensus target price of $65.00.

Winnebago Industries Stock Up 1.3 %

WGO stock traded up $0.57 during trading on Friday, reaching $44.96. 264,211 shares of the stock were exchanged, compared to its average volume of 695,661. The firm's 50 day moving average is $48.96 and its 200 day moving average is $54.93. Winnebago Industries, Inc. has a twelve month low of $43.69 and a twelve month high of $74.10. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51. The firm has a market cap of $1.28 billion, a P/E ratio of -68.31 and a beta of 1.62.

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

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, January 29th. Investors of record on Wednesday, January 15th were paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.02%. The ex-dividend date of this dividend was Wednesday, January 15th. Winnebago Industries's dividend payout ratio (DPR) is currently -206.06%.

Insider Buying and Selling

In other news, Director Jacqueline D. Woods sold 1,503 shares of the stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the completion of the sale, the director now directly owns 10,985 shares of the company's stock, valued at $486,855.20. This represents a 12.04 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.63% of the stock is owned by company insiders.

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.