Winnebago Industries, Inc. (NYSE:WGO) Shares Acquired by AQR Capital Management LLC

AQR Capital Management LLC raised its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO) by 100.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,089 shares of the construction company’s stock after acquiring an additional 13,105 shares during the period. AQR Capital Management LLC’s holdings in Winnebago Industries were worth $1,414,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of WGO. Marshall Wace LLP purchased a new position in shares of Winnebago Industries during the second quarter valued at $7,976,000. Public Sector Pension Investment Board lifted its position in shares of Winnebago Industries by 7.4% in the 2nd quarter. Public Sector Pension Investment Board now owns 64,382 shares of the construction company’s stock worth $3,490,000 after acquiring an additional 4,447 shares during the period. 1832 Asset Management L.P. raised its holdings in shares of Winnebago Industries by 13.8% in the 2nd quarter. 1832 Asset Management L.P. now owns 1,142,404 shares of the construction company’s stock worth $61,918,000 after buying an additional 138,327 shares in the last quarter. Ensign Peak Advisors Inc increased its holdings in Winnebago Industries by 9.4% during the 2nd quarter. Ensign Peak Advisors Inc now owns 13,987 shares of the construction company’s stock valued at $758,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Pacer Advisors Inc. increased its stake in shares of Winnebago Industries by 47.8% in the 2nd quarter. Pacer Advisors Inc. now owns 1,431,764 shares of the construction company’s stock valued at $77,602,000 after buying an additional 463,257 shares during the period.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on WGO. Robert W. Baird reduced their price target on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating on the stock in a research report on Friday, June 21st. Truist Financial raised their price target on Winnebago Industries from $65.00 to $68.00 and gave the stock a “buy” rating in a research report on Friday, September 20th. Citigroup raised their price target on Winnebago Industries from $71.00 to $77.00 and gave the stock a “buy” rating in a research report on Friday, July 12th. Roth Mkm reduced their price target on Winnebago Industries from $70.00 to $59.00 and set a “neutral” rating on the stock in a research report on Friday, June 21st. Finally, Benchmark began coverage on Winnebago Industries in a report on Thursday, July 18th. They set a “buy” rating and a $75.00 target price on the stock. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $70.00.

Winnebago Industries Stock Performance

Shares of Winnebago Industries stock opened at $56.58 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 2.45 and a quick ratio of 1.35. The stock’s 50-day moving average is $57.60 and its 200-day moving average is $59.69. The firm has a market cap of $1.64 billion, a price-to-earnings ratio of 21.85 and a beta of 1.61. Winnebago Industries, Inc. has a one year low of $49.68 and a one year high of $75.42.

Winnebago Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Investors of record on Wednesday, September 11th were given a $0.34 dividend. The ex-dividend date was Wednesday, September 11th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.40%. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.31. Winnebago Industries’s payout ratio is currently 52.51%.

Insider Activity at Winnebago Industries

In other Winnebago Industries 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 transaction 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 trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 3.75% of the stock is owned by company 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.