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 Winnebago Industries stock in a transaction that occurred on Thursday, February 13th. The stock was sold at an average price of $44.32, for a total value of $66,612.96. Following the transaction, the director now 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 sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Winnebago Industries Price Performance

Shares of NYSE WGO opened at $45.07 on Friday. The business has a fifty day moving average price of $48.72 and a two-hundred day moving average price of $54.76. 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, Inc. has a fifty-two week low of $43.69 and a fifty-two week high of $74.10.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings data 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). Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The firm had revenue of $625.60 million for the quarter, compared to the consensus estimate of $672.23 million. During the same period in the prior year, the company earned $1.06 EPS. The company’s revenue for the quarter was down 18.0% compared to the same quarter last year. On average, equities research analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have commented on WGO. Robert W. Baird reduced their price objective on shares of Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. KeyCorp raised shares of Winnebago Industries from a “sector weight” rating to an “overweight” rating and set a $58.00 target price for the company in a report on Wednesday, January 8th. Truist Financial increased their price target on shares of Winnebago Industries from $56.00 to $58.00 and gave the company a “buy” rating in a report on Monday, February 10th. StockNews.com downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Tuesday, October 29th. Finally, BMO Capital Markets decreased their target price on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a research report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and seven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $65.00.

Institutional Investors Weigh In On Winnebago Industries

Large investors have recently modified their holdings of the business. Vanguard Group Inc. lifted its position in shares of Winnebago Industries by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 2,181,874 shares of the construction company’s stock worth $104,250,000 after buying an additional 48,517 shares during the last quarter. First Trust Advisors LP lifted its holdings in shares of Winnebago Industries by 40.6% in the fourth quarter. First Trust Advisors LP now owns 1,643,786 shares of the construction company’s stock worth $78,540,000 after acquiring an additional 474,273 shares during the last quarter. State Street Corp boosted its stake in shares of Winnebago Industries by 0.6% in the 3rd quarter. State Street Corp now owns 1,130,796 shares of the construction company’s stock valued at $65,711,000 after purchasing an additional 6,979 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of Winnebago Industries by 25.4% during the 3rd 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 during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in Winnebago Industries by 8.8% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 625,548 shares of the construction company’s stock worth $29,889,000 after purchasing an additional 50,634 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.