Vanguard Group Inc. Has $152.18 Million Position in Winnebago Industries, Inc. (NYSE:WGO)

Vanguard Group Inc. decreased its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO) by 7.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,088,125 shares of the construction company’s stock after selling 178,774 shares during the period. Vanguard Group Inc. owned approximately 7.15% of Winnebago Industries worth $152,183,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its holdings in Winnebago Industries by 2.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,215,239 shares of the construction company’s stock worth $161,448,000 after buying an additional 44,987 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Winnebago Industries by 10.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 1,660,866 shares of the construction company’s stock valued at $121,044,000 after purchasing an additional 161,987 shares during the last quarter. Broad Peak Investment Holdings Ltd. lifted its position in shares of Winnebago Industries by 108.2% during 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 in the last quarter. Pacer Advisors Inc. boosted its holdings in Winnebago Industries by 44.7% during the fourth 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 during the last quarter. Finally, American Century Companies Inc. grew its position in Winnebago Industries by 10.9% in the 3rd quarter. American Century Companies Inc. now owns 471,203 shares of the construction company’s stock worth $28,013,000 after purchasing an additional 46,325 shares in the last quarter.

Winnebago Industries Price Performance

NYSE WGO opened at $53.26 on Friday. The company has a quick ratio of 1.35, a current ratio of 2.45 and a debt-to-equity ratio of 0.48. The company has a market cap of $1.54 billion, a PE ratio of 20.56 and a beta of 1.66. Winnebago Industries, Inc. has a 52 week low of $51.02 and a 52 week high of $75.42. The firm’s 50-day simple moving average is $59.10 and its two-hundred day simple moving average is $65.07.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results on Thursday, June 20th. The construction company reported $1.13 EPS for the quarter, missing analysts’ consensus estimates of $1.30 by ($0.17). Winnebago Industries had a net margin of 2.84% and a return on equity of 11.31%. The business had revenue of $786.00 million for the quarter, compared to analysts’ expectations of $798.26 million. During the same quarter in the previous year, the company posted $2.13 earnings per share. The business’s quarterly revenue was down 12.7% compared to the same quarter last year. Research analysts predict that Winnebago Industries, Inc. will post 4.29 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 26th. Shareholders of record on Wednesday, June 12th were issued a dividend of $0.31 per share. This represents a $1.24 dividend on an annualized basis and a yield of 2.33%. The ex-dividend date of this dividend was Wednesday, June 12th. Winnebago Industries’s payout ratio is presently 47.88%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on the company. Robert W. Baird cut their target price on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a research note on Friday, June 21st. Truist Financial decreased their target price on Winnebago Industries from $76.00 to $68.00 and set a “buy” rating for the company in a research report on Friday, June 21st. StockNews.com raised shares of Winnebago Industries from a “sell” rating to a “hold” rating in a report on Saturday, April 13th. DA Davidson raised their price objective on shares of Winnebago Industries from $64.00 to $66.00 and gave the stock a “neutral” rating in a report on Tuesday, March 26th. Finally, Roth Mkm reduced their target price on shares of Winnebago Industries from $70.00 to $59.00 and set a “neutral” rating for the company in a research report on Friday, June 21st. Three investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $68.50.

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.