Winnebago Industries, Inc. (NYSE:WGO) Shares Acquired by Entropy Technologies LP

Entropy Technologies LP boosted its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 89.2% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,659 shares of the construction company’s stock after acquiring an additional 8,796 shares during the period. Entropy Technologies LP owned about 0.06% of Winnebago Industries worth $1,084,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of WGO. Pacer Advisors Inc. boosted its position in Winnebago Industries by 47.8% during the 2nd quarter. Pacer Advisors Inc. now owns 1,431,764 shares of the construction company’s stock valued at $77,602,000 after purchasing an additional 463,257 shares during the period. 1832 Asset Management L.P. boosted its holdings in shares of Winnebago Industries by 13.8% during the second quarter. 1832 Asset Management L.P. now owns 1,142,404 shares of the construction company’s stock valued at $61,918,000 after acquiring an additional 138,327 shares during the period. American Century Companies Inc. grew its position in shares of Winnebago Industries by 8.8% during the second quarter. American Century Companies Inc. now owns 861,575 shares of the construction company’s stock worth $46,697,000 after acquiring an additional 69,453 shares during the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Winnebago Industries by 0.4% in the 2nd quarter. Bank of New York Mellon Corp now owns 376,829 shares of the construction company’s stock worth $20,424,000 after acquiring an additional 1,681 shares during the period. Finally, Bridgeway Capital Management LLC increased its holdings in shares of Winnebago Industries by 3.6% in the 1st quarter. Bridgeway Capital Management LLC now owns 238,414 shares of the construction company’s stock worth $17,643,000 after acquiring an additional 8,225 shares during the period.

Insider Transactions at Winnebago Industries

In other Winnebago Industries news, CEO Michael J. Happe bought 2,500 shares of Winnebago Industries stock in a transaction that occurred on Tuesday, October 29th. The stock was purchased at an average cost of $55.52 per share, for a total transaction of $138,800.00. Following the completion of the acquisition, the chief executive officer now owns 285,953 shares of the company’s stock, valued at approximately $15,876,110.56. This represents a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, CEO Michael J. Happe bought 2,500 shares of the company’s stock in a transaction dated Tuesday, October 29th. The shares were acquired at an average cost of $55.52 per share, with a total value of $138,800.00. Following the completion of the transaction, the chief executive officer now directly owns 285,953 shares in the company, valued at approximately $15,876,110.56. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Bret A. Woodson sold 12,187 shares of the company’s stock in a transaction that occurred on Friday, November 1st. The shares were sold at an average price of $56.64, for a total transaction of $690,271.68. Following the completion of the sale, the senior vice president now owns 23,728 shares of the company’s stock, valued at approximately $1,343,953.92. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 4.63% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on WGO. BMO Capital Markets decreased their target price on shares of Winnebago Industries from $75.00 to $70.00 and set an “outperform” rating for the company in a research report on Thursday, October 24th. StockNews.com lowered Winnebago Industries from a “hold” rating to a “sell” rating in a report on Tuesday, October 29th. Northcoast Research upgraded Winnebago Industries from a “neutral” rating to a “buy” rating and set a $75.00 target price on the stock in a research report on Monday. Truist Financial reduced their price target on Winnebago Industries from $68.00 to $64.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Finally, Robert W. Baird decreased their price target on Winnebago Industries from $70.00 to $64.00 and set an “outperform” rating for the company in a research note on Thursday, October 24th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $68.13.

Winnebago Industries Stock Performance

Shares of NYSE WGO opened at $61.20 on Thursday. Winnebago Industries, Inc. has a 1 year low of $49.68 and a 1 year high of $75.42. The firm has a market cap of $1.77 billion, a P/E ratio of 204.01 and a beta of 1.60. The stock has a fifty day moving average price of $57.79 and a two-hundred day moving average price of $58.15. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.36 and a current ratio of 2.44.

Winnebago Industries (NYSE:WGO) last announced its 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 net margin of 0.44% and a return on equity of 7.97%. The firm had revenue of $720.90 million for the quarter, compared to the consensus estimate of $718.72 million. During the same period in the prior year, the business earned $1.59 EPS. The company’s quarterly revenue was down 6.5% compared to the same quarter last year. Research analysts forecast that Winnebago Industries, Inc. will post 3.62 EPS for the current fiscal year.

Winnebago Industries Company Profile

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.