Winnebago Industries, Inc. (NYSE:WGO) Holdings Raised by Cascade Investment Advisors Inc.

Cascade Investment Advisors Inc. lifted its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 1.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,898 shares of the construction company’s stock after acquiring an additional 380 shares during the period. Cascade Investment Advisors Inc. owned about 0.08% of Winnebago Industries worth $1,094,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in WGO. Marshall Wace LLP acquired a new stake in shares of Winnebago Industries during the second quarter worth $7,976,000. AQR Capital Management LLC raised its stake in Winnebago Industries by 100.9% during the second quarter. AQR Capital Management LLC now owns 26,089 shares of the construction company’s stock worth $1,414,000 after acquiring an additional 13,105 shares during the period. Millennium Management LLC lifted its holdings in Winnebago Industries by 1,772.8% in the second quarter. Millennium Management LLC now owns 210,504 shares of the construction company’s stock worth $11,409,000 after acquiring an additional 199,264 shares during the last quarter. The Manufacturers Life Insurance Company boosted its stake in Winnebago Industries by 4.9% in the second quarter. The Manufacturers Life Insurance Company now owns 15,697 shares of the construction company’s stock valued at $851,000 after acquiring an additional 737 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of Winnebago Industries during the second quarter valued at approximately $370,000.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Benchmark reissued a “buy” rating and issued a $70.00 price target on shares of Winnebago Industries in a report on Monday, December 23rd. Northcoast Research raised shares of Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price target for the company in a report on Monday, November 11th. DA Davidson lowered their target price on Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating on the stock in a research report on Tuesday, December 24th. StockNews.com downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Finally, Truist Financial decreased their target price on shares of Winnebago Industries from $64.00 to $56.00 and set a “buy” rating for the company in a research report on Tuesday, January 7th. One investment 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.com, Winnebago Industries currently has an average rating of “Moderate Buy” and an average price target of $64.78.

Winnebago Industries Stock Up 3.6 %

NYSE WGO opened at $48.68 on Tuesday. Winnebago Industries, Inc. has a 12 month low of $45.44 and a 12 month high of $74.10. The company’s 50 day simple moving average is $52.12 and its 200 day simple moving average is $56.00. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51.

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

Winnebago Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 29th. Investors of record on Wednesday, January 15th will be given a $0.34 dividend. The ex-dividend date is Wednesday, January 15th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.79%. Winnebago Industries’s dividend payout ratio (DPR) is -206.06%.

Insider Buying and Selling

In related news, SVP Bret A. Woodson sold 12,187 shares of the firm’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $56.64, for a total value of $690,271.68. Following the completion of the transaction, the senior vice president now owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. This trade represents a 33.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 4.63% of the stock is currently 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.