Semanteon Capital Management LP Has $332,000 Stake in Winnebago Industries, Inc. (NYSE:WGO)

Semanteon Capital Management LP reduced its position in Winnebago Industries, Inc. (NYSE:WGO) by 72.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,713 shares of the construction company’s stock after selling 15,345 shares during the quarter. Semanteon Capital Management LP’s holdings in Winnebago Industries were worth $332,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of WGO. Allspring Global Investments Holdings LLC acquired a new position in Winnebago Industries in the first quarter valued at $249,000. BNP Paribas Financial Markets boosted its stake in shares of Winnebago Industries by 5.9% in the 1st quarter. BNP Paribas Financial Markets now owns 112,925 shares of the construction company’s stock worth $8,356,000 after buying an additional 6,295 shares during the last quarter. Capstone Investment Advisors LLC bought a new stake in shares of Winnebago Industries in the 1st quarter worth approximately $1,182,000. Broad Peak Investment Holdings Ltd. raised its holdings in shares of Winnebago Industries by 20.0% in the 1st quarter. Broad Peak Investment Holdings Ltd. now owns 877,678 shares of the construction company’s stock worth $64,948,000 after purchasing an additional 146,000 shares during the period. Finally, FORA Capital LLC raised its holdings in shares of Winnebago Industries by 97.1% in the 1st quarter. FORA Capital LLC now owns 6,485 shares of the construction company’s stock worth $480,000 after purchasing an additional 3,194 shares during the period.

Winnebago Industries Price Performance

Shares of Winnebago Industries stock opened at $55.68 on Tuesday. 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 company has a market cap of $1.61 billion, a PE ratio of 185.61 and a beta of 1.61. The business has a 50 day moving average of $57.67 and a 200 day moving average of $58.41. Winnebago Industries, Inc. has a 52 week low of $49.68 and a 52 week high of $75.42.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings results on Wednesday, October 23rd. The construction company reported $0.28 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.61). Winnebago Industries had a return on equity of 7.97% and a net margin of 0.44%. The firm had revenue of $720.90 million during the quarter, compared to analysts’ expectations of $718.72 million. During the same period in the previous year, the company earned $1.59 earnings per share. Winnebago Industries’s revenue for the quarter was down 6.5% on a year-over-year basis. As a group, equities research analysts forecast that Winnebago Industries, Inc. will post 3.72 earnings per share for the current year.

Winnebago Industries Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, September 25th. Stockholders of record on Wednesday, September 11th were paid a $0.34 dividend. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.31. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.44%. The ex-dividend date was Wednesday, September 11th. Winnebago Industries’s dividend payout ratio is currently 453.35%.

Insider Transactions at Winnebago Industries

In other Winnebago Industries news, Director William C. Fisher acquired 2,000 shares of the company’s stock in a transaction that occurred on Monday, October 28th. The shares were bought at an average cost of $54.81 per share, with a total value of $109,620.00. Following the completion of the transaction, the director now directly owns 32,267 shares of the company’s stock, valued at approximately $1,768,554.27. This represents a 0.00 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 3.75% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have issued reports on WGO shares. Robert W. Baird lowered their target price on shares of Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating on the stock in a report on Thursday, October 24th. Citigroup boosted their target price on shares of Winnebago Industries from $71.00 to $77.00 and gave the company a “buy” rating in a report on Friday, July 12th. Truist Financial decreased their target price on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. StockNews.com lowered Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday. Finally, BMO Capital Markets cut their price objective on Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, Winnebago Industries presently has an average rating of “Moderate Buy” and a consensus price target of $67.14.

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.