De Lisle Partners LLP Acquires 13,000 Shares of Winnebago Industries, Inc. (NYSE:WGO)

De Lisle Partners LLP grew its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 9.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 145,223 shares of the construction company’s stock after acquiring an additional 13,000 shares during the period. Winnebago Industries accounts for 1.4% of De Lisle Partners LLP’s portfolio, making the stock its 18th largest holding. De Lisle Partners LLP’s holdings in Winnebago Industries were worth $8,440,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of WGO. GAMMA Investing LLC lifted its position in shares of Winnebago Industries by 222.5% in the third quarter. GAMMA Investing LLC now owns 458 shares of the construction company’s stock worth $27,000 after buying an additional 316 shares in the last quarter. Sound Income Strategies LLC increased its stake in Winnebago Industries by 69.1% in the 3rd quarter. Sound Income Strategies LLC now owns 700 shares of the construction company’s stock worth $41,000 after acquiring an additional 286 shares during the last quarter. Innealta Capital LLC purchased a new stake in shares of Winnebago Industries during the 2nd quarter worth approximately $45,000. nVerses Capital LLC bought a new position in shares of Winnebago Industries during the 2nd quarter valued at approximately $76,000. Finally, DekaBank Deutsche Girozentrale grew its holdings in shares of Winnebago Industries by 196.6% in the third quarter. DekaBank Deutsche Girozentrale now owns 1,492 shares of the construction company’s stock valued at $86,000 after purchasing an additional 989 shares in the last quarter.

Winnebago Industries Price Performance

WGO opened at $58.37 on Thursday. The company has a quick ratio of 1.36, a current ratio of 2.44 and a debt-to-equity ratio of 0.50. The business has a fifty day moving average of $58.31 and a 200 day moving average of $57.91. Winnebago Industries, Inc. has a 52-week low of $49.68 and a 52-week high of $75.42. The stock has a market cap of $1.69 billion, a P/E ratio of 194.57 and a beta of 1.60.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.28 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.61). The company had revenue of $720.90 million during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.59 earnings per share. As a group, sell-side analysts anticipate that Winnebago Industries, Inc. will post 3.52 EPS for the current year.

Analysts Set New Price Targets

A number of research firms recently issued reports on WGO. BMO Capital Markets decreased their price target on shares of Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Benchmark decreased their target price on shares of Winnebago Industries from $75.00 to $70.00 and set a “buy” rating on the stock in a research report on Tuesday, October 22nd. Truist Financial lowered their price target on shares of Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a report on Thursday, October 24th. Robert W. Baird reduced their price objective on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a research note on Thursday, October 24th. Finally, StockNews.com lowered Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Tuesday, October 29th. One analyst has rated the stock with a sell rating, two have issued a hold rating and six have issued a buy rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $68.13.

Insider Transactions at Winnebago Industries

In other news, SVP Bret A. Woodson sold 12,187 shares of the business’s 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 in the company, valued at approximately $1,343,953.92. The trade was a 33.93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director William C. Fisher acquired 2,000 shares of the company’s stock in a transaction dated Monday, October 28th. The shares were acquired at an average price 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 of the company’s stock, valued at approximately $1,768,554.27. This represents a 6.61 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 4.63% of the company’s stock.

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.