IFG Advisory LLC Acquires 26,669 Shares of Winnebago Industries, Inc. (NYSE:WGO)

IFG Advisory LLC raised its stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 68.2% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 65,789 shares of the construction company's stock after acquiring an additional 26,669 shares during the period. IFG Advisory LLC owned approximately 0.23% of Winnebago Industries worth $4,795,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. State of Wyoming bought a new position in Winnebago Industries during the 4th quarter valued at about $26,000. Advisors Asset Management Inc. grew its holdings in Winnebago Industries by 71.8% during the 1st quarter. Advisors Asset Management Inc. now owns 622 shares of the construction company's stock valued at $34,000 after purchasing an additional 260 shares during the last quarter. Industrial Alliance Investment Management Inc. bought a new position in Winnebago Industries during the 4th quarter valued at about $48,000. Amundi grew its holdings in Winnebago Industries by 27.3% during the 4th quarter. Amundi now owns 1,709 shares of the construction company's stock valued at $106,000 after purchasing an additional 367 shares during the last quarter. Finally, Captrust Financial Advisors grew its holdings in Winnebago Industries by 79.6% during the 1st quarter. Captrust Financial Advisors now owns 3,134 shares of the construction company's stock valued at $169,000 after purchasing an additional 1,389 shares during the last quarter.

Insider Transactions at Winnebago Industries

In other news, SVP Christopher David West sold 13,564 shares of the firm's stock in a transaction dated Thursday, January 4th. The shares were sold at an average price of $69.08, for a total value of $937,001.12. Following the transaction, the senior vice president now directly owns 26,309 shares of the company's stock, valued at $1,817,425.72. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 3.75% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have issued reports on WGO shares. DA Davidson boosted their price objective on shares of Winnebago Industries from $64.00 to $66.00 and gave the company a "neutral" rating in a research report on Tuesday. Truist Financial lowered their price target on shares of Winnebago Industries from $74.00 to $70.00 and set a "buy" rating for the company in a research report on Wednesday, December 20th. Roth Mkm reissued a "neutral" rating and set a $70.00 target price on shares of Winnebago Industries in a research report on Thursday, March 21st. Finally, StockNews.com cut shares of Winnebago Industries from a "hold" rating to a "sell" rating in a research report on Thursday. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $71.80.

Winnebago Industries Stock Performance

Shares of NYSE:WGO traded up $1.77 during midday trading on Thursday, reaching $74.00. The company's stock had a trading volume of 597,649 shares, compared to its average volume of 607,546. The firm has a market capitalization of $2.17 billion, a PE ratio of 22.16 and a beta of 1.71. Winnebago Industries, Inc. has a twelve month low of $54.70 and a twelve month high of $75.42. The stock has a fifty day moving average of $67.90 and a 200 day moving average of $65.60. The company has a quick ratio of 1.52, a current ratio of 2.84 and a debt-to-equity ratio of 0.52.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its quarterly earnings results on Thursday, March 21st. The construction company reported $0.93 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.86 by $0.07. The firm had revenue of $703.60 million for the quarter, compared to the consensus estimate of $692.63 million. Winnebago Industries had a net margin of 3.70% and a return on equity of 14.15%. On average, equities analysts expect that Winnebago Industries, Inc. will post 5.36 EPS for the current fiscal year.

Winnebago Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 24th. Stockholders of record on Wednesday, April 10th will be paid a $0.31 dividend. This represents a $1.24 annualized dividend and a dividend yield of 1.68%. The ex-dividend date is Tuesday, April 9th. Winnebago Industries's dividend payout ratio is currently 37.13%.

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.