Winnebago Industries, Inc. (NYSE:WGO) Shares Sold by Teton Advisors Inc.

Teton Advisors Inc. cut its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,500 shares of the construction company’s stock after selling 500 shares during the quarter. Teton Advisors Inc. owned approximately 0.07% of Winnebago Industries worth $932,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in WGO. FMR LLC grew its position in shares of Winnebago Industries by 76.0% in the 3rd quarter. FMR LLC now owns 3,623 shares of the construction company’s stock valued at $211,000 after buying an additional 1,565 shares during the last quarter. State Street Corp lifted its position in Winnebago Industries by 0.6% in the third 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 during the period. Wellington Management Group LLP purchased a new stake in shares of Winnebago Industries in the third quarter valued at approximately $7,750,000. Sanctuary Advisors LLC lifted its holdings in Winnebago Industries by 3.6% in the third quarter. Sanctuary Advisors LLC now owns 7,065 shares of the construction company’s stock valued at $416,000 after acquiring an additional 245 shares during the period. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Winnebago Industries in the third quarter valued at about $333,000.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on WGO shares. Baird R W cut shares of Winnebago Industries from a “strong-buy” rating to a “hold” rating in a research note on Friday, April 4th. BMO Capital Markets cut their price objective on shares of Winnebago Industries from $70.00 to $60.00 and set an “outperform” rating for the company in a research report on Friday, March 28th. StockNews.com lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Friday. Truist Financial cut their price target on Winnebago Industries from $50.00 to $38.00 and set a “buy” rating for the company in a report on Monday. Finally, Robert W. Baird cut Winnebago Industries from an “outperform” rating to a “neutral” rating and decreased their price objective for the stock from $50.00 to $38.00 in a report on Friday, April 4th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $52.67.

Insider Buying and Selling at Winnebago Industries

In related news, Director Jacqueline D. Woods sold 1,503 shares of the stock in a transaction that occurred on Thursday, February 13th. The shares were sold at an average price of $44.32, for a total transaction of $66,612.96. Following the completion of the sale, the director now directly 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kevin E. Bryant acquired 4,200 shares of Winnebago Industries stock in a transaction dated Monday, March 31st. The shares were bought at an average cost of $34.12 per share, with a total value of $143,304.00. Following the completion of the purchase, the director now owns 13,755 shares in the company, valued at approximately $469,320.60. This represents a 43.96 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 4.63% of the stock is currently owned by insiders.

Winnebago Industries Price Performance

WGO stock opened at $31.09 on Tuesday. The stock’s 50 day moving average is $37.51 and its two-hundred day moving average is $48.31. Winnebago Industries, Inc. has a 52-week low of $28.29 and a 52-week high of $66.05. The company has a market capitalization of $871.30 million, a PE ratio of -47.11 and a beta of 1.49. 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 data on Thursday, March 27th. The construction company reported $0.19 earnings per share for the quarter, meeting the consensus estimate of $0.19. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The firm had revenue of $620.20 million during the quarter, compared to analyst estimates of $621.41 million. During the same period in the previous year, the company earned $0.93 earnings per share. Winnebago Industries’s quarterly revenue was down 11.9% on a year-over-year basis. Analysts predict that Winnebago Industries, Inc. will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be issued a $0.34 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $1.36 dividend on an annualized basis and a yield of 4.37%. Winnebago Industries’s dividend payout ratio is currently -544.00%.

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.