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

Stifel Financial Corp increased its stake in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 10.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 98,515 shares of the construction company's stock after purchasing an additional 9,324 shares during the period. Stifel Financial Corp owned approximately 0.35% of Winnebago Industries worth $4,707,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its position in shares of Winnebago Industries by 270.8% during the fourth quarter. Smartleaf Asset Management LLC now owns 534 shares of the construction company's stock worth $25,000 after buying an additional 390 shares during the period. R Squared Ltd bought a new stake in shares of Winnebago Industries during the fourth quarter worth approximately $43,000. Sterling Capital Management LLC increased its position in Winnebago Industries by 823.5% during the 4th quarter. Sterling Capital Management LLC now owns 905 shares of the construction company's stock worth $43,000 after buying an additional 807 shares during the period. KBC Group NV boosted its holdings in Winnebago Industries by 64.5% in the 4th quarter. KBC Group NV now owns 1,497 shares of the construction company's stock valued at $72,000 after purchasing an additional 587 shares during the period. Finally, Headlands Technologies LLC grew its position in Winnebago Industries by 129.0% during the fourth quarter. Headlands Technologies LLC now owns 2,029 shares of the construction company's stock worth $97,000 after buying an additional 1,143 shares in the last quarter.

Insider Buying and Selling at Winnebago Industries

In related news, Director Kevin E. Bryant bought 4,200 shares of the business's stock in a transaction that occurred on Monday, March 31st. The stock was bought at an average cost of $34.12 per share, with a total value of $143,304.00. Following the completion of the purchase, the director now owns 13,755 shares of the company's stock, valued at approximately $469,320.60. The trade was a 43.96 % increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Jacqueline D. Woods sold 1,503 shares of the company's stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the sale, the director now directly owns 10,985 shares in the company, valued at $486,855.20. This trade 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 corporate insiders.

Wall Street Analysts Forecast Growth

Several brokerages have commented on WGO. Truist Financial lowered their price objective on shares of Winnebago Industries from $50.00 to $38.00 and set a "buy" rating for the company in a research report on Monday, April 14th. BMO Capital Markets cut their target price on Winnebago Industries from $70.00 to $60.00 and set an "outperform" rating on the stock in a report on Friday, March 28th. Benchmark decreased their price objective on shares of Winnebago Industries from $70.00 to $60.00 and set a "buy" rating for the company in a research report on Tuesday, April 1st. Robert W. Baird cut shares of Winnebago Industries from an "outperform" rating to a "neutral" rating and reduced their price target for the stock from $50.00 to $38.00 in a report on Friday, April 4th. Finally, KeyCorp lowered their target price on shares of Winnebago Industries from $47.00 to $40.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Five analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to MarketBeat, Winnebago Industries currently has a consensus rating of "Moderate Buy" and a consensus price target of $51.89.

Winnebago Industries Stock Up 1.3 %

Shares of NYSE:WGO traded up $0.44 during midday trading on Friday, reaching $33.09. The company's stock had a trading volume of 472,749 shares, compared to its average volume of 699,829. The firm has a market capitalization of $927.35 million, a P/E ratio of -50.14 and a beta of 1.49. The company has a quick ratio of 1.34, a current ratio of 2.58 and a debt-to-equity ratio of 0.51. Winnebago Industries, Inc. has a 12-month low of $28.29 and a 12-month high of $66.05. The firm has a 50 day moving average of $34.05 and a 200-day moving average of $45.83.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its quarterly earnings data on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, hitting analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $621.41 million. During the same period in the previous year, the business earned $0.93 EPS. The firm's revenue for the quarter was down 11.9% on a year-over-year basis. On average, research analysts anticipate that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th were given a $0.34 dividend. The ex-dividend date of this dividend was Wednesday, April 16th. This represents a $1.36 annualized dividend and a yield of 4.11%. Winnebago Industries's payout ratio is presently -544.00%.

About Winnebago Industries

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.