Amalgamated Bank Has $499,000 Stock Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Amalgamated Bank reduced its position in Winnebago Industries, Inc. (NYSE:WGO) by 3.6% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 8,582 shares of the construction company’s stock after selling 317 shares during the period. Amalgamated Bank’s holdings in Winnebago Industries were worth $499,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. DekaBank Deutsche Girozentrale increased its position in Winnebago Industries by 196.6% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,492 shares of the construction company’s stock worth $86,000 after purchasing an additional 989 shares during the period. International Assets Investment Management LLC grew its position in shares of Winnebago Industries by 5,711.3% during the 3rd quarter. International Assets Investment Management LLC now owns 8,717 shares of the construction company’s stock worth $507,000 after buying an additional 8,567 shares during the period. Vest Financial LLC raised its stake in shares of Winnebago Industries by 24.6% during the third quarter. Vest Financial LLC now owns 25,381 shares of the construction company’s stock worth $1,475,000 after buying an additional 5,004 shares during the last quarter. Creative Planning lifted its holdings in Winnebago Industries by 21.7% in the third quarter. Creative Planning now owns 9,880 shares of the construction company’s stock valued at $574,000 after buying an additional 1,760 shares during the period. Finally, Sound Income Strategies LLC boosted its stake in Winnebago Industries by 69.1% in the third quarter. Sound Income Strategies LLC now owns 700 shares of the construction company’s stock valued at $41,000 after acquiring an additional 286 shares during the last quarter.

Insider Activity at Winnebago Industries

In related news, Director William C. Fisher acquired 2,000 shares of the business’s stock in a transaction dated Monday, October 28th. The stock was bought at an average price of $54.81 per share, with a total value of $109,620.00. Following the acquisition, the director now owns 32,267 shares in the company, valued at $1,768,554.27. This represents a 6.61 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Bret A. Woodson sold 12,187 shares of the business’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $56.64, for a total transaction of $690,271.68. Following the transaction, the senior vice president now owns 23,728 shares in the company, valued at approximately $1,343,953.92. The trade was a 33.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.63% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on WGO. BMO Capital Markets cut their price target on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Truist Financial lowered their price target on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research note on Thursday, October 24th. StockNews.com lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th. Robert W. Baird decreased their price objective 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 cut their target price on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock 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 issued a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $68.13.

Winnebago Industries Trading Up 0.2 %

WGO opened at $60.94 on Friday. The firm’s fifty day simple moving average is $57.95 and its 200 day simple moving average is $58.13. The stock has a market capitalization of $1.76 billion, a P/E ratio of 203.13 and a beta of 1.60. The company has a current ratio of 2.44, a quick ratio of 1.36 and a debt-to-equity ratio of 0.50. Winnebago Industries, Inc. has a 12 month low of $49.68 and a 12 month high of $75.42.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.28 earnings per share (EPS) 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 the consensus estimate of $718.72 million. Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The firm’s quarterly revenue was down 6.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.59 earnings per share. As a group, research analysts anticipate that Winnebago Industries, Inc. will post 3.61 EPS for the current fiscal year.

Winnebago Industries Company 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.