De Lisle Partners LLP Purchases 21,808 Shares of Johnson Outdoors Inc. (NASDAQ:JOUT)

De Lisle Partners LLP lifted its position in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 25.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 105,925 shares of the company’s stock after purchasing an additional 21,808 shares during the period. De Lisle Partners LLP owned about 1.03% of Johnson Outdoors worth $3,839,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. nVerses Capital LLC boosted its position in Johnson Outdoors by 100.0% during the 3rd quarter. nVerses Capital LLC now owns 800 shares of the company’s stock worth $29,000 after buying an additional 400 shares during the period. FMR LLC lifted its holdings in shares of Johnson Outdoors by 94.0% during the third quarter. FMR LLC now owns 1,335 shares of the company’s stock worth $48,000 after purchasing an additional 647 shares during the period. Lazard Asset Management LLC bought a new stake in shares of Johnson Outdoors in the first quarter worth $101,000. XTX Topco Ltd bought a new stake in shares of Johnson Outdoors in the second quarter worth $238,000. Finally, Ballentine Partners LLC acquired a new stake in Johnson Outdoors in the third quarter valued at $253,000. Institutional investors and hedge funds own 64.05% of the company’s stock.

Johnson Outdoors Stock Performance

Johnson Outdoors stock opened at $33.29 on Thursday. The firm has a market cap of $342.89 million, a price-to-earnings ratio of -41.10, a PEG ratio of 1.70 and a beta of 0.71. Johnson Outdoors Inc. has a 52-week low of $31.60 and a 52-week high of $55.30. The firm has a 50 day moving average price of $34.05 and a two-hundred day moving average price of $35.48.

Johnson Outdoors Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 23rd. Investors of record on Wednesday, October 9th were issued a $0.33 dividend. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a $1.32 annualized dividend and a yield of 3.97%. Johnson Outdoors’s payout ratio is -162.96%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded Johnson Outdoors from a “sell” rating to a “hold” rating in a research report on Thursday, August 8th.

Johnson Outdoors Company Profile

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.