Winnebago Industries, Inc. (NYSE:WGO) Shares Bought by William Blair Investment Management LLC

William Blair Investment Management LLC grew its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 2.1% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 494,151 shares of the construction company’s stock after acquiring an additional 10,202 shares during the quarter. William Blair Investment Management LLC owned about 1.74% of Winnebago Industries worth $23,611,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. State Street Corp increased its stake in shares of Winnebago Industries by 0.6% during the 3rd quarter. State Street Corp now owns 1,130,796 shares of the construction company’s stock valued at $65,711,000 after acquiring an additional 6,979 shares during the last quarter. JPMorgan Chase & Co. grew 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 purchasing an additional 173,274 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Winnebago Industries by 8.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 625,548 shares of the construction company’s stock worth $29,889,000 after purchasing an additional 50,634 shares during the period. Janus Henderson Group PLC grew 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 purchasing an additional 168,055 shares during the period. Finally, Principal Financial Group Inc. grew its holdings in shares of Winnebago Industries by 4.9% during the 4th quarter. Principal Financial Group Inc. now owns 165,680 shares of the construction company’s stock worth $7,916,000 after purchasing an additional 7,689 shares during the period.

Winnebago Industries Stock Performance

Winnebago Industries stock opened at $34.63 on Wednesday. The stock has a market cap of $983.25 million, a P/E ratio of -52.46 and a beta of 1.70. 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 stock has a 50 day moving average of $43.47 and a 200-day moving average of $51.81. Winnebago Industries, Inc. has a 52 week low of $34.12 and a 52 week high of $74.10.

Winnebago Industries (NYSE:WGO) last released its earnings results on Friday, December 20th. The construction company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.20 by ($0.23). The business had revenue of $625.60 million for the quarter, compared to analysts’ expectations of $672.23 million. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The business’s quarterly revenue was down 18.0% compared to the same quarter last year. During the same quarter last year, the company posted $1.06 earnings per share. On average, analysts expect that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Truist Financial boosted their target price on Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a report on Monday, February 10th. DA Davidson decreased their target price on Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a report on Tuesday, December 24th. Benchmark reiterated a “buy” rating and set a $70.00 target price on shares of Winnebago Industries in a report on Monday, December 23rd. KeyCorp upgraded Winnebago Industries from a “sector weight” rating to an “overweight” rating and set a $58.00 price target for the company in a report on Wednesday, January 8th. Finally, StockNews.com cut Winnebago Industries from a “hold” rating to a “sell” rating in a report on Monday. One analyst has rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $65.00.

Insider Activity

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 transaction of $66,612.96. Following the completion of the transaction, the director now directly owns 10,985 shares in the company, valued at approximately $486,855.20. This represents a 12.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Company insiders own 4.63% of the company’s stock.

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.