Winnebago Industries, Inc. (NYSE:WGO) Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. reduced its stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 4.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,266,899 shares of the construction company's stock after selling 100,400 shares during the period. Vanguard Group Inc. owned 7.75% of Winnebago Industries worth $134,767,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. State of Wyoming acquired a new stake in shares of Winnebago Industries in the 4th quarter worth approximately $26,000. Advisors Asset Management Inc. increased its stake in Winnebago Industries by 71.8% in the 1st quarter. Advisors Asset Management Inc. now owns 622 shares of the construction company's stock valued at $34,000 after buying an additional 260 shares during the period. Industrial Alliance Investment Management Inc. acquired a new position in Winnebago Industries in the 4th quarter valued at approximately $48,000. Amundi increased its stake in Winnebago Industries by 27.3% in the 4th quarter. Amundi now owns 1,709 shares of the construction company's stock valued at $106,000 after buying an additional 367 shares during the period. Finally, Captrust Financial Advisors increased its stake in Winnebago Industries by 79.6% in the 1st quarter. Captrust Financial Advisors now owns 3,134 shares of the construction company's stock valued at $169,000 after buying an additional 1,389 shares during the period.

Winnebago Industries Trading Up 0.2 %

Winnebago Industries stock traded up $0.13 during midday trading on Wednesday, hitting $70.53. 540,277 shares of the stock were exchanged, compared to its average volume of 607,551. The company has a fifty day simple moving average of $68.14 and a two-hundred day simple moving average of $65.89. Winnebago Industries, Inc. has a 52 week low of $54.70 and a 52 week high of $75.42. The stock has a market capitalization of $2.06 billion, a PE ratio of 21.07 and a beta of 1.71. 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 released its quarterly earnings data on Thursday, March 21st. The construction company reported $0.93 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.07. Winnebago Industries had a net margin of 3.70% and a return on equity of 14.15%. The business had revenue of $703.60 million for the quarter, compared to analyst estimates of $692.63 million. Equities research analysts anticipate that Winnebago Industries, Inc. will post 5.28 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 24th. Shareholders of record on Wednesday, April 10th will be paid a $0.31 dividend. This represents a $1.24 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend is Tuesday, April 9th. Winnebago Industries's payout ratio is currently 37.13%.

Insider Buying and Selling at Winnebago Industries

In other Winnebago Industries news, SVP Christopher David West sold 13,564 shares of Winnebago Industries stock in a transaction that occurred on 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 owns 26,309 shares of the company's stock, valued at $1,817,425.72. The sale 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 research analysts have weighed in on WGO shares. Roth Mkm reiterated a "neutral" rating and issued a $70.00 price objective on shares of Winnebago Industries in a research note on Thursday, March 21st. StockNews.com downgraded shares of Winnebago Industries from a "hold" rating to a "sell" rating in a report on Thursday, March 28th. DA Davidson increased their price target on shares of Winnebago Industries from $64.00 to $66.00 and gave the company a "neutral" rating in a report on Tuesday, March 26th. Finally, Truist Financial dropped their target price 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. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $71.80.

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.