Winnebago Industries, Inc. (NYSE:WGO) Shares Sold by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP lessened its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 0.9% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,140,471 shares of the construction company’s stock after selling 19,890 shares during the period. Dimensional Fund Advisors LP owned about 7.39% of Winnebago Industries worth $116,013,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Principal Securities Inc. acquired a new position in shares of Winnebago Industries during the fourth quarter worth $39,000. Innealta Capital LLC purchased a new stake in Winnebago Industries during the 2nd quarter worth about $45,000. EntryPoint Capital LLC acquired a new position in shares of Winnebago Industries during the 1st quarter worth about $75,000. nVerses Capital LLC purchased a new position in shares of Winnebago Industries in the 2nd quarter valued at about $76,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Winnebago Industries during the 2nd quarter worth about $110,000.

Analysts Set New Price Targets

A number of brokerages recently issued reports on WGO. Citigroup upped their price target on Winnebago Industries from $71.00 to $77.00 and gave the company a “buy” rating in a report on Friday, July 12th. Benchmark began coverage on shares of Winnebago Industries in a research report on Thursday, July 18th. They issued a “buy” rating and a $75.00 target price on the stock. BMO Capital Markets reduced their price target on shares of Winnebago Industries from $80.00 to $75.00 and set an “outperform” rating for the company in a research report on Friday, June 21st. Truist Financial raised their price objective on Winnebago Industries from $65.00 to $68.00 and gave the stock a “buy” rating in a report on Friday. Finally, StockNews.com raised Winnebago Industries from a “sell” rating to a “hold” rating in a report on Thursday, September 19th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat.com, Winnebago Industries currently has a consensus rating of “Moderate Buy” and a consensus target price of $70.00.

Winnebago Industries Trading Down 2.3 %

NYSE WGO opened at $57.76 on Tuesday. The firm’s fifty day moving average is $58.05 and its two-hundred day moving average is $60.32. Winnebago Industries, Inc. has a one year low of $49.68 and a one year high of $75.42. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.35 and a current ratio of 2.45. The firm has a market cap of $1.67 billion, a PE ratio of 22.30 and a beta of 1.62.

Winnebago Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 11th will be paid a dividend of $0.34 per share. The ex-dividend date is Wednesday, September 11th. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.31. This represents a $1.36 annualized dividend and a yield of 2.35%. Winnebago Industries’s dividend payout ratio is currently 52.51%.

Insiders Place Their Bets

In other news, SVP Stacy L. Bogart sold 3,333 shares of the business’s stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $57.98, for a total value of $193,247.34. Following the transaction, the senior vice president now owns 41,315 shares of the company’s stock, valued at $2,395,443.70. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 3.75% of the stock is owned by insiders.

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.