21,100 Shares in Winnebago Industries, Inc. $WGO Bought by Versor Investments LP

Key Points

• Versor Investments LP acquired 21,100 shares of Winnebago Industries, Inc. for approximately $727,000, representing 0.08% of the company by the end of the reporting period.
• Analysts have mixed ratings for Winnebago Industries, with **target prices ranging** from $30.00 to $42.67, reflecting a consensus rating of **"Moderate Buy."**
• Winnebago announced an increase in its **quarterly dividend** to $0.35, leading to an annualized dividend yield of 4.1%, with the ex-dividend date set for **September 10th**.

Versor Investments LP purchased a new stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 21,100 shares of the construction company's stock, valued at approximately $727,000. Versor Investments LP owned about 0.08% of Winnebago Industries at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Winnebago Industries by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,084 shares of the construction company's stock valued at $768,000 after acquiring an additional 591 shares during the last quarter. Versant Capital Management Inc lifted its stake in shares of Winnebago Industries by 304.9% during the 1st quarter. Versant Capital Management Inc now owns 826 shares of the construction company's stock worth $28,000 after buying an additional 622 shares during the last quarter. Allworth Financial LP lifted its stake in shares of Winnebago Industries by 61.5% during the 1st quarter. Allworth Financial LP now owns 1,663 shares of the construction company's stock worth $55,000 after buying an additional 633 shares during the last quarter. Signal Advisors Wealth LLC lifted its stake in shares of Winnebago Industries by 3.3% during the 1st quarter. Signal Advisors Wealth LLC now owns 20,356 shares of the construction company's stock worth $702,000 after buying an additional 643 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in shares of Winnebago Industries by 629.2% during the 1st quarter. Parallel Advisors LLC now owns 824 shares of the construction company's stock worth $28,000 after buying an additional 711 shares during the last quarter.

Analyst Ratings Changes

A number of analysts have recently issued reports on the stock. Truist Financial cut their target price on shares of Winnebago Industries from $40.00 to $36.00 and set a "buy" rating for the company in a research note on Thursday, June 26th. Roth Capital cut their target price on shares of Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating for the company in a research note on Thursday, June 26th. Citigroup raised their target price on shares of Winnebago Industries from $33.00 to $36.00 and gave the stock a "buy" rating in a research note on Tuesday, August 12th. Wall Street Zen upgraded shares of Winnebago Industries from a "sell" rating to a "hold" rating in a research note on Sunday, June 29th. Finally, Robert W. Baird cut their target price on shares of Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating for the company in a research note on Thursday, June 26th. Five equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $42.67.

Winnebago Industries Stock Performance

NYSE WGO opened at $34.14 on Tuesday. The company has a quick ratio of 0.89, a current ratio of 2.41 and a debt-to-equity ratio of 0.44. The company has a market capitalization of $956.80 million, a P/E ratio of -57.86 and a beta of 1.06. Winnebago Industries, Inc. has a 12-month low of $28.00 and a 12-month high of $65.65. The firm has a 50-day moving average price of $31.34 and a two-hundred day moving average price of $34.40.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its quarterly earnings data on Wednesday, June 25th. The construction company reported $0.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.02. The firm had revenue of $775.10 million during the quarter, compared to the consensus estimate of $808.15 million. Winnebago Industries had a negative net margin of 0.62% and a positive return on equity of 2.86%. The business's revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.13 EPS. Analysts anticipate that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Wednesday, September 10th. This is a boost from Winnebago Industries's previous quarterly dividend of $0.34. Winnebago Industries's dividend payout ratio is presently -230.51%.

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.

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