Dean Investment Associates LLC Raises Stock Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Dean Investment Associates LLC increased its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 108.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 50,966 shares of the construction company’s stock after purchasing an additional 26,474 shares during the quarter. Dean Investment Associates LLC owned 0.18% of Winnebago Industries worth $2,962,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of WGO. GAMMA Investing LLC increased its position in shares of Winnebago Industries by 222.5% during the 3rd quarter. GAMMA Investing LLC now owns 458 shares of the construction company’s stock valued at $27,000 after purchasing an additional 316 shares during the last quarter. Sound Income Strategies LLC increased its position in shares of Winnebago Industries by 69.1% during the 3rd quarter. Sound Income Strategies LLC now owns 700 shares of the construction company’s stock valued at $41,000 after purchasing an additional 286 shares during the last quarter. Innealta Capital LLC bought a new position in shares of Winnebago Industries during the 2nd quarter valued at approximately $45,000. Quarry LP increased its position in shares of Winnebago Industries by 4,038.1% during the 3rd quarter. Quarry LP now owns 869 shares of the construction company’s stock valued at $50,000 after purchasing an additional 848 shares during the last quarter. Finally, nVerses Capital LLC bought a new position in shares of Winnebago Industries during the 2nd quarter valued at approximately $76,000.

Winnebago Industries Price Performance

WGO opened at $57.08 on Monday. The company has a current ratio of 2.44, a quick ratio of 1.36 and a debt-to-equity ratio of 0.50. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 190.27 and a beta of 1.60. Winnebago Industries, Inc. has a 12-month low of $49.68 and a 12-month high of $75.42. The business’s fifty day simple moving average is $58.22 and its 200-day simple moving average is $57.65.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Wednesday, October 23rd. The construction company reported $0.28 earnings per share for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.61). The company had revenue of $720.90 million for the quarter, compared to analysts’ expectations of $718.72 million. Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The company’s revenue for the quarter was down 6.5% compared to the same quarter last year. During the same quarter last year, the company earned $1.59 earnings per share. On average, equities research analysts anticipate that Winnebago Industries, Inc. will post 3.52 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Winnebago Industries news, Director William C. Fisher purchased 2,000 shares of the firm’s stock in a transaction on Monday, October 28th. The stock was bought at an average cost of $54.81 per share, for a total transaction of $109,620.00. Following the completion of the purchase, the director now owns 32,267 shares in the company, valued at $1,768,554.27. This represents a 6.61 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Bret A. Woodson sold 12,187 shares of the stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $56.64, for a total value of $690,271.68. Following the completion of the sale, the senior vice president now owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. This trade represents a 33.93 % 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 company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the company. Truist Financial cut their price objective on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating on the stock in a research report on Thursday, October 24th. Robert W. Baird cut their price objective on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. StockNews.com downgraded Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, October 29th. Northcoast Research raised Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 price objective on the stock in a research report on Monday, November 11th. Finally, Benchmark cut their price objective on Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a research report on Tuesday, October 22nd. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, Winnebago Industries has an average rating of “Moderate Buy” and an average target price of $68.13.

Winnebago Industries 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.