Principal Financial Group Inc. Has $12.39 Million Holdings in Winnebago Industries, Inc. (NYSE:WGO)

Principal Financial Group Inc. decreased its position in Winnebago Industries, Inc. (NYSE:WGO) by 2.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 169,947 shares of the construction company’s stock after selling 3,434 shares during the period. Principal Financial Group Inc. owned approximately 0.58% of Winnebago Industries worth $12,386,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP lifted its holdings in Winnebago Industries by 2.1% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,215,239 shares of the construction company’s stock valued at $161,448,000 after buying an additional 44,987 shares during the period. Broad Peak Investment Holdings Ltd. lifted its holdings in Winnebago Industries by 108.2% in the fourth quarter. Broad Peak Investment Holdings Ltd. now owns 731,678 shares of the construction company’s stock valued at $53,325,000 after buying an additional 380,200 shares during the period. Pacer Advisors Inc. lifted its holdings in Winnebago Industries by 44.7% in the fourth quarter. Pacer Advisors Inc. now owns 675,242 shares of the construction company’s stock valued at $49,212,000 after buying an additional 208,452 shares during the period. American Century Companies Inc. increased its stake in Winnebago Industries by 10.9% in the third quarter. American Century Companies Inc. now owns 471,203 shares of the construction company’s stock valued at $28,013,000 after purchasing an additional 46,325 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake in Winnebago Industries by 3.6% in the third quarter. Charles Schwab Investment Management Inc. now owns 460,941 shares of the construction company’s stock valued at $27,403,000 after purchasing an additional 16,036 shares in the last quarter.

Analysts Set New Price Targets

Several research firms have weighed in on WGO. Truist Financial decreased their price target on shares of Winnebago Industries from $82.00 to $76.00 and set a “buy” rating for the company in a research note on Friday. Roth Mkm reaffirmed a “neutral” rating and issued a $70.00 price target on shares of Winnebago Industries in a research note on Thursday, March 21st. DA Davidson lifted their price target on shares of Winnebago Industries from $64.00 to $66.00 and gave the company a “neutral” rating in a research note on Tuesday, March 26th. Finally, StockNews.com raised shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research note on Saturday, April 13th. Three analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $73.00.

Winnebago Industries Trading Down 0.0 %

NYSE:WGO opened at $59.86 on Friday. The company has a debt-to-equity ratio of 0.52, a current ratio of 2.84 and a quick ratio of 1.52. The firm has a 50-day moving average of $65.13 and a 200-day moving average of $67.07. The company has a market cap of $1.75 billion, a PE ratio of 17.92 and a beta of 1.72. Winnebago Industries, Inc. has a one year low of $54.71 and a one year high of $75.42.

Winnebago Industries (NYSE:WGO) last posted its earnings results on Thursday, March 21st. The construction company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.86 by $0.07. The company had revenue of $703.60 million during the quarter, compared to the consensus estimate of $692.63 million. Winnebago Industries had a net margin of 3.70% and a return on equity of 14.15%. As a group, equities research analysts expect that Winnebago Industries, Inc. will post 5.15 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 26th. Investors of record on Wednesday, June 12th will be issued a dividend of $0.31 per share. This represents a $1.24 annualized dividend and a yield of 2.07%. The ex-dividend date of this dividend is Wednesday, June 12th. Winnebago Industries’s dividend payout ratio (DPR) is presently 37.13%.

Winnebago Industries 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.