De Lisle Partners LLP grew its holdings in Winnebago Industries, Inc. (NYSE:WGO – Free Report) by 938.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 152,411 shares of the RV manufacturer’s stock after purchasing an additional 137,732 shares during the quarter. De Lisle Partners LLP’s holdings in Winnebago Industries were worth $6,183,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in Winnebago Industries by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 1,990,237 shares of the RV manufacturer’s stock worth $80,644,000 after purchasing an additional 15,114 shares in the last quarter. UBS Group AG boosted its stake in Winnebago Industries by 224.7% in the fourth quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock worth $54,870,000 after purchasing an additional 937,140 shares in the last quarter. Pzena Investment Management LLC acquired a new position in Winnebago Industries in the fourth quarter worth $37,642,000. Maple Rock Capital Partners Inc. boosted its stake in Winnebago Industries by 111.2% in the third quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock worth $22,746,000 after purchasing an additional 358,100 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in Winnebago Industries by 0.3% in the fourth quarter. Geode Capital Management LLC now owns 659,735 shares of the RV manufacturer’s stock worth $26,738,000 after purchasing an additional 2,024 shares in the last quarter.
Wall Street Analysts Forecast Growth
Several equities analysts have recently issued reports on WGO shares. Citigroup lowered Winnebago Industries from a “buy” rating to a “neutral” rating and cut their price target for the company from $46.00 to $30.00 in a research note on Wednesday, May 27th. BMO Capital Markets cut their price target on Winnebago Industries from $55.00 to $48.00 and set an “outperform” rating on the stock in a research note on Thursday, March 26th. Weiss Ratings lowered Winnebago Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. Northcoast Research lowered Winnebago Industries from a “buy” rating to a “neutral” rating in a research note on Monday, June 1st. Finally, Robert W. Baird cut their price target on Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating on the stock in a research note on Thursday, March 26th. Three equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $40.70.
Winnebago Industries Trading Up 4.2%
NYSE WGO opened at $29.29 on Friday. The stock has a 50-day simple moving average of $30.68 and a 200 day simple moving average of $37.38. The company has a market capitalization of $828.06 million, a PE ratio of 19.93 and a beta of 1.12. The company has a current ratio of 2.30, a quick ratio of 0.99 and a debt-to-equity ratio of 0.36. Winnebago Industries, Inc. has a 12 month low of $27.29 and a 12 month high of $50.16.
Winnebago Industries (NYSE:WGO – Get Free Report) last released its quarterly earnings data on Wednesday, March 25th. The RV manufacturer reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.25 by $0.02. The business had revenue of $657.40 million during the quarter, compared to the consensus estimate of $628.00 million. Winnebago Industries had a return on equity of 4.99% and a net margin of 1.43%.The firm’s revenue was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.19 earnings per share. Research analysts forecast that Winnebago Industries, Inc. will post 2.34 EPS for the current year.
Winnebago Industries Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Wednesday, June 10th. Winnebago Industries’s dividend payout ratio is currently 95.24%.
Winnebago Industries Profile
Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.
In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.
See Also
- Five stocks we like better than Winnebago Industries
- SpaceX Rings the Bell and Shatters Every Record
- Adobe Stock Just Got Cheaper—Is Wall Street Missing the Story?
- 3 Dividend Stocks Under $50 That Pay You to Wait Out Inflation
- The 127-Gigawatt Problem: Why AI Needs Its Own Power
Want to see what other hedge funds are holding WGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Winnebago Industries, Inc. (NYSE:WGO – Free Report).
Receive News & Ratings for Winnebago Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Winnebago Industries and related companies with MarketBeat.com's FREE daily email newsletter.
