Winnebago Industries, Inc. (NYSE:WGO) Short Interest Up 31.6% in January

Winnebago Industries, Inc. (NYSE:WGO) was the target of a large increase in short interest during the month of January. As of January 15th, there was short interest totaling 2,887,092 shares, an increase of 31.6% from the December 31st total of 2,193,144 shares. Based on an average daily trading volume, of 792,687 shares, the days-to-cover ratio is presently 3.6 days. Currently, 10.8% of the company’s stock are short sold. Currently, 10.8% of the company’s stock are short sold. Based on an average daily trading volume, of 792,687 shares, the days-to-cover ratio is presently 3.6 days.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. increased its holdings in Winnebago Industries by 90.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock valued at $26,000 after buying an additional 364 shares during the period. Farther Finance Advisors LLC raised its position in shares of Winnebago Industries by 53.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock valued at $32,000 after acquiring an additional 385 shares during the last quarter. GAMMA Investing LLC raised its holdings in Winnebago Industries by 62.8% in the second quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock worth $33,000 after purchasing an additional 433 shares during the period. Hantz Financial Services Inc. lifted its stake in Winnebago Industries by 825.4% in the third quarter. Hantz Financial Services Inc. now owns 1,203 shares of the RV manufacturer’s stock valued at $40,000 after buying an additional 1,073 shares in the last quarter. Finally, Public Employees Retirement System of Ohio grew its stake in shares of Winnebago Industries by 15.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock worth $75,000 after acquiring an additional 309 shares in the last quarter.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on WGO. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a research report on Monday, December 22nd. Wall Street Zen raised shares of Winnebago Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. BMO Capital Markets raised their price target on shares of Winnebago Industries from $45.00 to $48.00 and gave the company an “outperform” rating in a research report on Monday, December 22nd. DA Davidson upped their price objective on Winnebago Industries from $38.00 to $40.00 and gave the company a “neutral” rating in a research report on Tuesday, December 23rd. Finally, Roth Mkm boosted their price objective on Winnebago Industries from $36.00 to $42.00 and gave the company a “neutral” rating in a research note on Monday, December 22nd. Four research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Winnebago Industries has a consensus rating of “Hold” and a consensus price target of $42.80.

Winnebago Industries Stock Performance

Shares of Winnebago Industries stock traded up $1.90 during midday trading on Tuesday, hitting $47.98. The company had a trading volume of 640,069 shares, compared to its average volume of 663,674. Winnebago Industries has a 12-month low of $28.00 and a 12-month high of $49.37. The company has a fifty day simple moving average of $42.50 and a 200 day simple moving average of $36.92. The company has a quick ratio of 1.25, a current ratio of 2.69 and a debt-to-equity ratio of 0.44. The stock has a market cap of $1.35 billion, a price-to-earnings ratio of 37.48 and a beta of 1.12.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Friday, December 19th. The RV manufacturer reported $0.38 EPS for the quarter, topping the consensus estimate of $0.12 by $0.26. Winnebago Industries had a return on equity of 4.83% and a net margin of 1.27%.The business had revenue of $702.70 million for the quarter, compared to analyst estimates of $628.51 million. During the same quarter in the previous year, the firm earned ($0.03) EPS. The company’s quarterly revenue was up 12.3% compared to the same quarter last year. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. As a group, analysts predict that Winnebago Industries will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th were given a dividend of $0.35 per share. The ex-dividend date was Wednesday, January 14th. This represents a $1.40 annualized dividend and a yield of 2.9%. Winnebago Industries’s dividend payout ratio is 109.38%.

About Winnebago Industries

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.