Fmr LLC Grows Position in Johnson Outdoors Inc. (NASDAQ:JOUT)

Fmr LLC lifted its holdings in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 94.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,335 shares of the company’s stock after purchasing an additional 647 shares during the quarter. Fmr LLC’s holdings in Johnson Outdoors were worth $48,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. GSA Capital Partners LLP purchased a new position in Johnson Outdoors in the 3rd quarter worth approximately $1,020,000. Empowered Funds LLC increased its stake in Johnson Outdoors by 5.4% in the third quarter. Empowered Funds LLC now owns 18,411 shares of the company’s stock valued at $666,000 after acquiring an additional 938 shares during the last quarter. Allspring Global Investments Holdings LLC raised its position in Johnson Outdoors by 33.6% during the third quarter. Allspring Global Investments Holdings LLC now owns 75,530 shares of the company’s stock valued at $2,734,000 after purchasing an additional 19,013 shares in the last quarter. Rice Hall James & Associates LLC lifted its stake in Johnson Outdoors by 71.5% during the third quarter. Rice Hall James & Associates LLC now owns 72,211 shares of the company’s stock worth $2,614,000 after purchasing an additional 30,100 shares during the last quarter. Finally, Gabelli Funds LLC boosted its holdings in shares of Johnson Outdoors by 6.1% in the 2nd quarter. Gabelli Funds LLC now owns 20,900 shares of the company’s stock worth $731,000 after purchasing an additional 1,200 shares in the last quarter. 64.05% of the stock is currently owned by institutional investors.

Johnson Outdoors Trading Down 0.1 %

Shares of Johnson Outdoors stock opened at $34.50 on Wednesday. The business’s 50-day moving average price is $33.93 and its 200-day moving average price is $35.35. The firm has a market capitalization of $355.28 million, a PE ratio of -13.27, a price-to-earnings-growth ratio of 1.75 and a beta of 0.71. Johnson Outdoors Inc. has a 12 month low of $29.98 and a 12 month high of $53.86.

Johnson Outdoors Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 23rd. Shareholders of record on Thursday, January 9th will be given a dividend of $0.33 per share. This represents a $1.32 dividend on an annualized basis and a yield of 3.83%. The ex-dividend date of this dividend is Thursday, January 9th. Johnson Outdoors’s payout ratio is currently -50.77%.

About Johnson Outdoors

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.