Winnebago Industries, Inc. (NYSE:WGO) Shares Purchased by Janus Henderson Group PLC

Janus Henderson Group PLC increased its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 54.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 281,025 shares of the construction company’s stock after purchasing an additional 99,446 shares during the period. Janus Henderson Group PLC owned 0.99% of Winnebago Industries worth $13,427,000 as of its most recent SEC filing.

Several other institutional investors have also recently modified their holdings of WGO. First Trust Advisors LP raised its position in shares of Winnebago Industries by 40.6% during the 4th quarter. First Trust Advisors LP now owns 1,643,786 shares of the construction company’s stock worth $78,540,000 after purchasing an additional 474,273 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Winnebago Industries by 1,930.2% during the 4th quarter. BNP Paribas Financial Markets now owns 321,662 shares of the construction company’s stock worth $15,369,000 after purchasing an additional 305,818 shares during the last quarter. Barclays PLC raised its position in shares of Winnebago Industries by 494.5% during the 4th quarter. Barclays PLC now owns 294,703 shares of the construction company’s stock worth $14,081,000 after purchasing an additional 245,131 shares during the last quarter. Renaissance Technologies LLC raised its position in shares of Winnebago Industries by 204.8% during the 4th quarter. Renaissance Technologies LLC now owns 214,000 shares of the construction company’s stock worth $10,225,000 after purchasing an additional 143,800 shares during the last quarter. Finally, LHM Inc. purchased a new stake in Winnebago Industries in the 4th quarter worth approximately $6,077,000.

Winnebago Industries Stock Up 0.8%

Shares of NYSE WGO opened at $36.61 on Friday. Winnebago Industries, Inc. has a 52-week low of $28.29 and a 52-week high of $65.65. The firm has a fifty day moving average of $33.40 and a 200-day moving average of $44.42. The stock has a market capitalization of $1.03 billion, a PE ratio of -55.47 and a beta of 1.12. 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 (NYSE:WGO) last announced its quarterly earnings results 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 firm had revenue of $620.20 million during the quarter, compared to analysts’ expectations of $621.41 million. During the same period in the prior year, the company earned $0.93 EPS. The firm’s revenue was down 11.9% on a year-over-year basis. On average, analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 25th. Investors of record on Wednesday, June 11th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a yield of 3.71%. Winnebago Industries’s dividend payout ratio (DPR) is -544.00%.

Insider Buying and Selling

In other Winnebago Industries news, Director Kevin E. Bryant purchased 4,200 shares of the firm’s stock in a transaction that occurred on Monday, March 31st. The stock was purchased at an average cost of $34.12 per share, with a total value of $143,304.00. Following the transaction, the director now owns 13,755 shares in the company, valued at approximately $469,320.60. This trade represents a 43.96% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.63% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several analysts have commented on WGO shares. KeyCorp lowered their target price on shares of Winnebago Industries from $47.00 to $40.00 and set an “overweight” rating for the company in a research note on Thursday, April 17th. Robert W. Baird cut shares of Winnebago Industries from an “outperform” rating to a “neutral” rating and lowered their target price for the stock from $50.00 to $38.00 in a research note on Friday, April 4th. Benchmark lowered their target price on shares of Winnebago Industries from $70.00 to $60.00 and set a “buy” rating for the company in a research note on Tuesday, April 1st. Truist Financial lowered their target price on shares of Winnebago Industries from $50.00 to $38.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Finally, StockNews.com raised shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research note on Friday, May 2nd. Five equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $51.89.

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.