Bank of New York Mellon Corp increased its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 10.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 696,951 shares of the construction company’s stock after buying an additional 68,720 shares during the quarter. Bank of New York Mellon Corp owned 2.21% of Winnebago Industries worth $24,393,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in WGO. Teachers Advisors LLC grew its holdings in Winnebago Industries by 3.6% during the fourth quarter. Teachers Advisors LLC now owns 43,376 shares of the construction company’s stock worth $1,373,000 after buying an additional 1,511 shares in the last quarter. Louisiana State Employees Retirement System grew its holdings in Winnebago Industries by 1.9% during the first quarter. Louisiana State Employees Retirement System now owns 10,800 shares of the construction company’s stock worth $316,000 after buying an additional 200 shares in the last quarter. Wells Fargo & Company MN grew its holdings in Winnebago Industries by 160.8% during the first quarter. Wells Fargo & Company MN now owns 62,689 shares of the construction company’s stock worth $1,833,000 after buying an additional 38,654 shares in the last quarter. Great West Life Assurance Co. Can grew its holdings in Winnebago Industries by 8.1% during the first quarter. Great West Life Assurance Co. Can now owns 38,792 shares of the construction company’s stock worth $1,133,000 after buying an additional 2,907 shares in the last quarter. Finally, Capital Fund Management S.A. bought a new stake in Winnebago Industries during the first quarter worth $699,000. Institutional investors and hedge funds own 85.27% of the company’s stock.

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Winnebago Industries, Inc. (WGO) opened at 39.50 on Friday. Winnebago Industries, Inc. has a 52-week low of $22.11 and a 52-week high of $39.73. The firm has a 50-day moving average price of $35.89 and a 200 day moving average price of $31.33. The stock has a market cap of $1.25 billion, a PE ratio of 19.73 and a beta of 1.97.

Winnebago Industries (NYSE:WGO) last posted its earnings results on Wednesday, June 21st. The construction company reported $0.94 EPS for the quarter, topping the Zacks’ consensus estimate of $0.72 by $0.22. The business had revenue of $476.40 million during the quarter, compared to analyst estimates of $440.94 million. Winnebago Industries had a return on equity of 20.01% and a net margin of 4.39%. The company’s quarterly revenue was up 75.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.53 EPS. On average, analysts forecast that Winnebago Industries, Inc. will post $2.23 earnings per share for the current fiscal year.

Several equities research analysts recently issued reports on WGO shares. BidaskClub downgraded Winnebago Industries from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 12th. Stifel Nicolaus assumed coverage on Winnebago Industries in a research report on Thursday, July 6th. They issued a “buy” rating and a $40.00 price objective on the stock. BMO Capital Markets reissued a “hold” rating and issued a $34.00 price objective on shares of Winnebago Industries in a research report on Friday, September 1st. Zacks Investment Research cut Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Wednesday, August 30th. Finally, ValuEngine raised Winnebago Industries from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, seven have given a buy rating and one has issued a strong buy rating to the company. Winnebago Industries has an average rating of “Buy” and an average target price of $34.83.

Winnebago Industries Profile

Winnebago Industries, Inc is a manufacturer of recreation vehicles (RVs) used primarily in leisure travel and outdoor recreation activities. The Company designs, develops, manufactures and markets motorized and towable recreation products along with supporting products and services. Its other products manufactured by the Company consist of original equipment manufacturer (OEM) parts, including extruded aluminum and other component products for other manufacturers and commercial vehicles.

Institutional Ownership by Quarter for Winnebago Industries (NYSE:WGO)

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