New York State Teachers Retirement System Has $1.32 Million Position in Winnebago Industries, Inc. (NYSE:WGO)

New York State Teachers Retirement System lessened its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 21.8% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,324 shares of the construction company's stock after selling 10,681 shares during the quarter. New York State Teachers Retirement System owned approximately 0.14% of Winnebago Industries worth $1,321,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Copeland Capital Management LLC purchased a new position in Winnebago Industries in the first quarter valued at about $64,000. Exchange Traded Concepts LLC raised its holdings in Winnebago Industries by 26.3% in the 1st quarter. Exchange Traded Concepts LLC now owns 7,216 shares of the construction company's stock worth $249,000 after acquiring an additional 1,503 shares during the period. SG Americas Securities LLC bought a new stake in Winnebago Industries during the first quarter valued at about $1,054,000. Farther Finance Advisors LLC grew its position in shares of Winnebago Industries by 36,000.0% in the first quarter. Farther Finance Advisors LLC now owns 722 shares of the construction company's stock valued at $25,000 after purchasing an additional 720 shares during the last quarter. Finally, Signal Advisors Wealth LLC lifted its position 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 purchasing an additional 643 shares during the last quarter.

Winnebago Industries Trading Up 3.0%

Shares of WGO stock traded up $0.99 on Thursday, hitting $33.46. The stock had a trading volume of 745,503 shares, compared to its average volume of 717,282. The company has a current ratio of 2.41, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44. Winnebago Industries, Inc. has a twelve month low of $28.00 and a twelve month high of $65.65. The company has a fifty day moving average price of $32.93 and a two-hundred day moving average price of $37.75. The firm has a market cap of $937.88 million, a P/E ratio of -56.71 and a beta of 1.01.

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

Winnebago Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 11th were given a dividend of $0.34 per share. The ex-dividend date was Wednesday, June 11th. This represents a $1.36 annualized dividend and a dividend yield of 4.06%. Winnebago Industries's dividend payout ratio is currently -230.51%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Roth Capital reduced their price objective on Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating for the company in a research report on Thursday, June 26th. Benchmark decreased their price target on Winnebago Industries from $60.00 to $42.00 and set a "buy" rating on the stock in a research note on Monday, June 30th. Truist Financial dropped their price objective on shares of Winnebago Industries from $40.00 to $36.00 and set a "buy" rating for the company in a report on Thursday, June 26th. DA Davidson raised Winnebago Industries to a "hold" rating in a report on Monday, April 14th. Finally, Citigroup dropped their price target on Winnebago Industries from $37.00 to $33.00 and set a "buy" rating for the company in a report on Thursday, June 26th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Winnebago Industries currently has a consensus rating of "Moderate Buy" and an average target price of $42.33.

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.