De Lisle Partners LLP Has $3.84 Million Holdings in Johnson Outdoors Inc. (NASDAQ:JOUT)

De Lisle Partners LLP lifted its stake in shares of Johnson Outdoors Inc. (NASDAQ:JOUT) by 25.9% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 105,925 shares of the company’s stock after buying an additional 21,808 shares during the quarter. De Lisle Partners LLP’s holdings in Johnson Outdoors were worth $3,839,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Deprince Race & Zollo Inc. grew its holdings in Johnson Outdoors by 35.8% in the second quarter. Deprince Race & Zollo Inc. now owns 223,814 shares of the company’s stock worth $7,829,000 after purchasing an additional 59,016 shares during the period. Skylands Capital LLC grew its holdings in shares of Johnson Outdoors by 43.7% during the second quarter. Skylands Capital LLC now owns 161,900 shares of the company’s stock valued at $5,663,000 after buying an additional 49,200 shares during the last quarter. Acuitas Investments LLC acquired a new position in Johnson Outdoors during the 2nd quarter valued at about $1,515,000. Vanguard Group Inc. raised its stake in shares of Johnson Outdoors by 13.9% in the first quarter. Vanguard Group Inc. now owns 346,115 shares of the company’s stock worth $15,959,000 after purchasing an additional 42,314 shares during the last quarter. Finally, Rice Hall James & Associates LLC grew its holdings in Johnson Outdoors by 71.5% during the third quarter. Rice Hall James & Associates LLC now owns 72,211 shares of the company’s stock worth $2,614,000 after buying an additional 30,100 shares in the last quarter. Institutional investors and hedge funds own 64.05% of the company’s stock.

Johnson Outdoors Stock Performance

JOUT opened at $33.29 on Thursday. Johnson Outdoors Inc. has a fifty-two week low of $31.60 and a fifty-two week high of $55.30. The firm has a 50-day moving average of $34.05 and a 200 day moving average of $35.48. The firm has a market cap of $342.89 million, a P/E ratio of -41.10, a PEG ratio of 1.70 and a beta of 0.71.

Johnson Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 23rd. Stockholders of record on Wednesday, October 9th were paid a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, October 9th. This represents a $1.32 annualized dividend and a dividend yield of 3.97%. Johnson Outdoors’s payout ratio is currently -162.96%.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Johnson Outdoors from a “sell” rating to a “hold” rating in a report on Thursday, August 8th.

Johnson Outdoors Company Profile

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.