Royce & Associates LP Purchases New Stake in Winnebago Industries, Inc. $WGO

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Royce & Associates LP has acquired a new stake of 204,500 shares, valued at approximately $6.84 million, in Winnebago Industries (NYSE:WGO) during the third quarter, representing about 0.72% of the company. Winnebago recently exceeded earnings and revenue expectations, reporting $0.38 EPS versus an estimated $0.12, and $702.7 million in revenue. Despite a high dividend payout ratio of 109.38% with a 3.6% yield, analysts maintain a “Hold” rating with an average target price of $42.80.

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