Jacqueline D. Woods Sells 1,503 Shares of Winnebago Industries, Inc. (NYSE:WGO) Stock

Winnebago Industries, Inc. (NYSE:WGO) Director Jacqueline D. Woods sold 1,503 shares of the firm’s stock in a transaction on Thursday, February 13th. The shares were 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 of the company’s stock, valued at $486,855.20. This represents a 12.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Winnebago Industries Stock Up 1.5 %

WGO stock opened at $45.07 on Friday. The business’s 50-day moving average price is $48.72 and its two-hundred day moving average price is $54.82. 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 1-year low of $43.69 and a 1-year high of $74.10.

Winnebago Industries (NYSE:WGO) last posted its earnings results on Friday, December 20th. The construction company reported ($0.03) earnings per share for the quarter, missing the consensus estimate of $0.20 by ($0.23). The business had revenue of $625.60 million for the quarter, compared to the consensus estimate of $672.23 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The business’s revenue was down 18.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.06 earnings per share. On average, research analysts expect that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 29th. Shareholders of record on Wednesday, January 15th were issued a dividend of $0.34 per share. The ex-dividend date was Wednesday, January 15th. This represents a $1.36 annualized dividend and a yield of 3.02%. Winnebago Industries’s dividend payout ratio is presently -206.06%.

Analyst Ratings Changes

WGO has been the subject of several research reports. Benchmark reissued a “buy” rating and issued a $70.00 target price on shares of Winnebago Industries in a research note on Monday, December 23rd. Robert W. Baird lowered their target price on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Truist Financial lifted their target price on Winnebago Industries from $56.00 to $58.00 and gave the company a “buy” rating in a research note on Monday, February 10th. BMO Capital Markets lowered their target price on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. Finally, StockNews.com cut Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $65.00.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wellington Management Group LLP bought a new stake in shares of Winnebago Industries in the third quarter valued at about $7,750,000. Vestcor Inc lifted its holdings in shares of Winnebago Industries by 105.6% in the third quarter. Vestcor Inc now owns 17,205 shares of the construction company’s stock valued at $1,000,000 after purchasing an additional 8,837 shares in the last quarter. Quantbot Technologies LP lifted its holdings in shares of Winnebago Industries by 94.5% in the third quarter. Quantbot Technologies LP now owns 64,291 shares of the construction company’s stock valued at $3,736,000 after purchasing an additional 31,242 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in shares of Winnebago Industries by 25.4% in the third quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock valued at $49,714,000 after purchasing an additional 173,274 shares in the last quarter. Finally, Entropy Technologies LP lifted its holdings in shares of Winnebago Industries by 89.2% in the third quarter. Entropy Technologies LP now owns 18,659 shares of the construction company’s stock valued at $1,084,000 after purchasing an additional 8,796 shares in the last quarter.

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.