Stifel Financial Corp Buys 9,324 Shares of Winnebago Industries, Inc. (NYSE:WGO)

Stifel Financial Corp raised its holdings in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 10.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 98,515 shares of the construction company's stock after acquiring an additional 9,324 shares during the quarter. Stifel Financial Corp owned about 0.35% of Winnebago Industries worth $4,707,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of WGO. MetLife Investment Management LLC grew its holdings in Winnebago Industries by 5.2% during the fourth quarter. MetLife Investment Management LLC now owns 17,383 shares of the construction company's stock valued at $831,000 after purchasing an additional 855 shares during the period. First Trust Advisors LP increased its position in shares of Winnebago Industries by 40.6% in the 4th quarter. First Trust Advisors LP now owns 1,643,786 shares of the construction company's stock valued at $78,540,000 after buying an additional 474,273 shares in the last quarter. Dean Investment Associates LLC raised its stake in Winnebago Industries by 11.9% during the 4th quarter. Dean Investment Associates LLC now owns 57,010 shares of the construction company's stock worth $2,724,000 after buying an additional 6,044 shares during the period. Farringdon Capital Ltd. bought a new position in Winnebago Industries during the fourth quarter worth about $359,000. Finally, Gamco Investors INC. ET AL grew its stake in Winnebago Industries by 1.0% in the fourth quarter. Gamco Investors INC. ET AL now owns 101,000 shares of the construction company's stock valued at $4,826,000 after acquiring an additional 1,000 shares during the period.

Insider Buying and Selling

In other Winnebago Industries news, Director Kevin E. Bryant bought 4,200 shares of Winnebago Industries stock in a transaction dated Monday, March 31st. The stock was bought at an average price of $34.12 per share, with a total value of $143,304.00. Following the completion of the transaction, the director now owns 13,755 shares in the company, valued at $469,320.60. The trade was a 43.96 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Jacqueline D. Woods sold 1,503 shares of the firm's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $44.32, for a total transaction of $66,612.96. Following the transaction, the director now directly owns 10,985 shares in the company, valued at approximately $486,855.20. This represents a 12.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 4.63% of the stock is currently owned by insiders.

Analysts Set New Price Targets

WGO has been the topic of several recent analyst reports. BMO Capital Markets cut their price objective on Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating on the stock in a report on Friday, March 28th. KeyCorp cut their price target on shares of Winnebago Industries from $47.00 to $40.00 and set an "overweight" rating on the stock in a research note on Thursday, April 17th. Citigroup lowered their price objective on shares of Winnebago Industries from $51.00 to $43.00 and set a "buy" rating for the company in a research report on Wednesday, March 19th. Truist Financial dropped their price objective on shares of Winnebago Industries from $50.00 to $38.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Baird R W lowered shares of Winnebago Industries from a "strong-buy" rating to a "hold" rating in a research note on Friday, April 4th. Five research analysts have rated the stock with a hold rating and six have issued a buy rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $51.89.

Winnebago Industries Stock Down 0.1 %

Shares of Winnebago Industries stock traded down $0.03 during trading hours on Tuesday, reaching $32.49. 33,099 shares of the company's stock were exchanged, compared to its average volume of 696,550. The stock has a market cap of $910.56 million, a P/E ratio of -49.48 and a beta of 1.49. The company has a 50 day moving average of $33.85 and a two-hundred day moving average of $45.54. 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, Inc. has a fifty-two week low of $28.29 and a fifty-two week high of $66.05.

Winnebago Industries (NYSE:WGO - Get Free Report) last released its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, hitting the consensus estimate of $0.19. Winnebago Industries had a negative net margin of 0.63% and a positive return on equity of 5.32%. The company had revenue of $620.20 million for the quarter, compared to analyst estimates of $621.41 million. During the same period in the previous year, the business earned $0.93 EPS. Winnebago Industries's revenue for the quarter was down 11.9% compared to the same quarter last year. On average, sell-side analysts forecast that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th were paid a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 4.19%. The ex-dividend date was Wednesday, April 16th. Winnebago Industries's dividend payout ratio is presently -544.00%.

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.