Goldman Sachs Discloses Passive Stake in Winnebago Industries
Ticker: WGO · Form: SC 13G · Filed: 2024-02-12T00:00:00.000Z
Sentiment: bullish
Topics: institutional-ownership, passive-investment, SC-13G
TL;DR
**Goldman Sachs just revealed a stake in Winnebago, signaling institutional confidence.**
AI Summary
Goldman Sachs Group Inc. filed an SC 13G on February 12, 2024, disclosing its ownership of Winnebago Industries Inc. (WGO) common stock as of December 29, 2023. This filing indicates that Goldman Sachs holds a significant, though passive, stake in the RV manufacturer. This matters to investors because it signals that a major financial institution sees value in Winnebago, potentially boosting investor confidence and suggesting a positive outlook for the stock.
Why It Matters
A major institutional investor like Goldman Sachs taking a position can be seen as a vote of confidence, potentially attracting other investors and influencing stock price positively.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of a passive investment, indicating no immediate negative risks to the company or its shareholders.
Analyst Insight
A smart investor would view this as a positive signal, potentially researching Winnebago's fundamentals and considering adding WGO to their portfolio, or holding if already owned, given institutional confidence.
Key Numbers
- $0.50 — Par Value per Share (The par value of Winnebago Industries Inc. Common Stock, as stated in the filing.)
Key Players & Entities
- Goldman Sachs Group Inc. (company) — the entity filing the SC 13G
- Winnebago Industries Inc. (company) — the subject company in which Goldman Sachs holds shares
- $0.50 (dollar_amount) — par value per share of Winnebago common stock
- December 29, 2023 (date) — the date of the event requiring the SC 13G filing
- February 12, 2024 (date) — the date the SC 13G was filed
Forward-Looking Statements
- Winnebago Industries Inc. stock may experience increased investor interest due to Goldman Sachs' disclosed stake. (Winnebago Industries Inc.) — medium confidence, target: Q2 2024
FAQ
Who filed this SC 13G statement?
The SC 13G statement was filed by Goldman Sachs Group Inc., as indicated in the 'FILED BY' section of the filing.
What company is the subject of this SC 13G filing?
The subject company is Winnebago Industries, Inc., identified under 'SUBJECT COMPANY' and 'Name of Issuer' in the filing.
What is the CUSIP number for the securities mentioned in this filing?
The CUSIP number for the Common Stock, par value $0.50 per share, of Winnebago Industries, Inc. is 974637100, as stated in the filing.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 29, 2023, as specified in the filing.
Under which rule was this Schedule 13G filed?
This Schedule 13G was filed under Rule 13d-1(b), as indicated by the 'X' in the appropriate box on the cover page.
From the Filing
EDGAR Filing Documents for 0000769993-24-000144 This page uses Javascript. Your browser either doesn't support Javascript or you have it turned off. To see this page as it is meant to appear please use a Javascript enabled browser. SEC.gov EDGAR Latest Filings Filings search tools Filing Detail SEC Home Company Search Current Page Form SC 13G - Statement of Beneficial Ownership by Certain Investors: SEC Accession No. 0000769993-24-000144 Filing Date 2024-02-12 Accepted 2024-02-12 18:53:04 Documents 1 Document Format Files Seq Description Document Type Size 1 Winnebago.txt SC 13G 21695 Complete submission text file 0000769993-24-000144.txt 23535 Mailing Address 13200 PIONEER TRAIL SUITE 150 EDEN PRAIRIE MN 55347 Business Address 13200 PIONEER TRAIL SUITE 150 EDEN PRAIRIE MN 55347 952-829-8600 WINNEBAGO INDUSTRIES INC (Subject) CIK : 0000107687 (see all company filings) EIN. : 420802678 | State of Incorp.: MN | Fiscal Year End: 0831 Type: SC 13G | Act: 34 | File No.: 005-18260 | Film No.: 24621974 SIC : 3716 Motor Homes (CF Office: 04 Manufacturing) Mailing Address 200 WEST STREET NEW YORK NY 10282 Business Address 200 WEST STREET NEW YORK NY 10282 212-902-1000 GOLDMAN SACHS GROUP INC (Filed by) CIK : 0000886982 (see all company filings) EIN. : 134019460 | State of Incorp.: DE | Fiscal Year End: 1231 Type: SC 13G SIC : 6211 Security Brokers, Dealers & Flotation Companies (CF Office: 02 Finance)