Goldman Sachs Group Inc. Increases Stake in Winnebago Industries, Inc. (NYSE:WGO)

Goldman Sachs Group Inc. boosted its holdings in Winnebago Industries, Inc. (NYSE:WGOFree Report) by 10.8% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,660,866 shares of the construction company’s stock after purchasing an additional 161,987 shares during the quarter. Goldman Sachs Group Inc. owned about 5.69% of Winnebago Industries worth $121,044,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. GAMMA Investing LLC purchased a new stake in Winnebago Industries in the fourth quarter worth about $30,000. Principal Securities Inc. purchased a new stake in shares of Winnebago Industries during the fourth quarter valued at approximately $39,000. TFO Wealth Partners LLC grew its holdings in shares of Winnebago Industries by 33,433.3% during the fourth quarter. TFO Wealth Partners LLC now owns 2,012 shares of the construction company’s stock valued at $147,000 after buying an additional 2,006 shares during the last quarter. Vest Financial LLC purchased a new stake in shares of Winnebago Industries during the fourth quarter valued at approximately $239,000. Finally, EMC Capital Management purchased a new stake in shares of Winnebago Industries during the third quarter valued at approximately $222,000.

Winnebago Industries Stock Down 0.4 %

Shares of Winnebago Industries stock opened at $59.65 on Monday. The company has a market cap of $1.75 billion, a price-to-earnings ratio of 17.86 and a beta of 1.72. The company’s 50 day moving average is $63.32 and its 200 day moving average is $66.83. Winnebago Industries, Inc. has a twelve month low of $55.88 and a twelve month high of $75.42. 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:WGOGet Free Report) last issued its quarterly earnings data on Thursday, March 21st. The construction company reported $0.93 earnings per share for the quarter, beating analysts’ consensus estimates of $0.86 by $0.07. The company 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%. Research analysts anticipate that Winnebago Industries, Inc. will post 5.02 EPS for the current year.

Winnebago Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 26th. Shareholders of record on Wednesday, June 12th will be given a $0.31 dividend. The ex-dividend date of this dividend is Wednesday, June 12th. This represents a $1.24 annualized dividend and a yield of 2.08%. Winnebago Industries’s payout ratio is presently 37.13%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the stock. 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. StockNews.com upgraded shares of Winnebago Industries from a “sell” rating to a “hold” rating in a report on Saturday, April 13th. Truist Financial cut their price target on shares of Winnebago Industries from $82.00 to $76.00 and set a “buy” rating on the stock in a report on Friday, May 24th. Finally, Roth Mkm restated a “neutral” rating and set a $70.00 price objective on shares of Winnebago Industries in a research report on Thursday, March 21st. Three equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat.com, Winnebago Industries has a consensus rating of “Moderate Buy” and an average price target of $73.00.

Get Our Latest Research Report on Winnebago Industries

Winnebago Industries Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Winnebago Industries (NYSE:WGO)

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