First Quadrant L P CA bought a new stake in Johnson Outdoors Inc. (NASDAQ:JOUT) during the third quarter, according to its most recent filing with the SEC. The firm bought 14,697 shares of the company’s stock, valued at approximately $1,077,000. First Quadrant L P CA owned about 0.15% of Johnson Outdoors at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the stock. Mesirow Financial Investment Management Inc. acquired a new position in Johnson Outdoors in the 2nd quarter valued at $278,000. Public Employees Retirement System of Ohio bought a new position in shares of Johnson Outdoors during the 2nd quarter worth about $589,000. The Manufacturers Life Insurance Company lifted its holdings in shares of Johnson Outdoors by 11.4% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 4,775 shares of the company’s stock worth $231,000 after acquiring an additional 488 shares during the period. State Street Corp lifted its holdings in Johnson Outdoors by 1.1% during the 2nd quarter. State Street Corp now owns 107,318 shares of the company’s stock valued at $5,176,000 after purchasing an additional 1,163 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Johnson Outdoors by 182.8% during the 2nd quarter. Goldman Sachs Group Inc. now owns 18,323 shares of the company’s stock valued at $883,000 after purchasing an additional 11,843 shares during the last quarter. Institutional investors and hedge funds own 58.94% of the company’s stock.

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Several equities analysts recently issued reports on JOUT shares. Forward View reissued a “buy” rating and set a $72.00 price target on shares of Johnson Outdoors in a report on Sunday, September 3rd. Zacks Investment Research cut shares of Johnson Outdoors from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 12th. BidaskClub cut shares of Johnson Outdoors from a “buy” rating to a “hold” rating in a report on Tuesday, July 25th. ValuEngine raised shares of Johnson Outdoors from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. Finally, Imperial Capital boosted their target price on shares of Johnson Outdoors from $49.00 to $63.00 and gave the stock an “outperform” rating in a report on Monday, August 7th. They noted that the move was a valuation call. Two research analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $67.00.

In other Johnson Outdoors news, Director Terry E. London sold 1,127 shares of the firm’s stock in a transaction on Thursday, August 10th. The stock was sold at an average price of $59.81, for a total transaction of $67,405.87. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Thomas F. Pyle, Jr. sold 1,950 shares of the firm’s stock in a transaction on Wednesday, September 13th. The shares were sold at an average price of $64.23, for a total value of $125,248.50. The disclosure for this sale can be found here. Over the last quarter, insiders sold 5,077 shares of company stock worth $322,834. 28.03% of the stock is owned by company insiders.

Johnson Outdoors Inc. (NASDAQ JOUT) opened at $72.78 on Friday. The firm has a market capitalization of $735.53 million, a P/E ratio of 26.28 and a beta of 0.69.

Johnson Outdoors (NASDAQ:JOUT) last released its earnings results on Friday, August 4th. The company reported $1.65 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.63. The business had revenue of $155.27 million during the quarter, compared to the consensus estimate of $149.29 million. Johnson Outdoors had a net margin of 6.85% and a return on equity of 12.90%. analysts anticipate that Johnson Outdoors Inc. will post 3.5 EPS for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Friday, October 27th. Stockholders of record on Friday, October 13th were given a dividend of $0.10 per share. This is an increase from Johnson Outdoors’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Thursday, October 12th. This represents a $0.40 annualized dividend and a dividend yield of 0.55%. Johnson Outdoors’s dividend payout ratio (DPR) is 12.38%.

Johnson Outdoors Company Profile

Johnson Outdoors Inc is a manufacturer and marketer of branded seasonal, outdoor recreation products. The Company operates through four segments: Marine Electronics, Outdoor Equipment, Watercraft and Diving. Its Marine Electronics segment’s brands are Minn Kota, Humminbird and Cannon. Its Outdoor Equipment segment’s brands are Eureka!, Jetboil and Silva.

Institutional Ownership by Quarter for Johnson Outdoors (NASDAQ:JOUT)

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