Bessemer Group Inc. Increases Stake in Winmark Corporation $WINA

Bessemer Group Inc. raised its stake in Winmark Corporation (NASDAQ:WINA) by 3.5% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,738 shares of the specialty retailer’s stock after acquiring an additional 1,440 shares during the quarter. Bessemer Group Inc. owned approximately 1.19% of Winmark worth $18,273,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Winmark during the 4th quarter worth approximately $50,000. Global Retirement Partners LLC lifted its stake in shares of Winmark by 265.4% in the 4th quarter. Global Retirement Partners LLC now owns 190 shares of the specialty retailer’s stock valued at $77,000 after purchasing an additional 138 shares during the period. Tower Research Capital LLC TRC lifted its stake in shares of Winmark by 19.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 213 shares of the specialty retailer’s stock valued at $80,000 after purchasing an additional 34 shares during the period. Smartleaf Asset Management LLC lifted its stake in shares of Winmark by 48.5% in the 2nd quarter. Smartleaf Asset Management LLC now owns 355 shares of the specialty retailer’s stock valued at $133,000 after purchasing an additional 116 shares during the period. Finally, CWM LLC boosted its holdings in Winmark by 24.3% during the fourth quarter. CWM LLC now owns 476 shares of the specialty retailer’s stock worth $193,000 after buying an additional 93 shares in the last quarter. Hedge funds and other institutional investors own 73.32% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “hold (c)” rating on shares of Winmark in a research report on Tuesday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has an average rating of “Hold”.

Winmark Price Performance

Winmark stock opened at $388.10 on Friday. The stock has a market capitalization of $1.39 billion, a PE ratio of 35.22 and a beta of 0.52. The business has a 50 day simple moving average of $388.19 and a 200-day simple moving average of $414.75. Winmark Corporation has a 12 month low of $338.18 and a 12 month high of $527.37.

Winmark (NASDAQ:WINA) last announced its earnings results on Wednesday, July 15th. The specialty retailer reported $2.81 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.14 by ($0.33). Winmark had a net margin of 47.09% and a negative return on equity of 99.47%. The business had revenue of $21.97 million for the quarter, compared to analysts’ expectations of $21.67 million.

Winmark Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Wednesday, August 12th will be given a dividend of $1.02 per share. The ex-dividend date is Wednesday, August 12th. This represents a $4.08 dividend on an annualized basis and a yield of 1.1%. Winmark’s dividend payout ratio is currently 37.02%.

About Winmark

Winmark Corporation (NASDAQ: WINA) is a franchisor of retail resale stores, specializing in the resale of apparel, sporting goods, children’s and maternity clothing, toys, and entertainment media. Through its portfolio of well-known brands—such as Plato’s Closet, Once Upon a Child, Play It Again Sports, and Style Encore—Winmark provides aspiring entrepreneurs the opportunity to own and operate neighborhood resale businesses. The company supports its franchisees with site selection, store design, training programs, and ongoing marketing assistance, emphasizing a turnkey approach to retail entrepreneurship.

Each of Winmark’s franchised brands targets a distinct consumer segment.