Winnebago Industries, Inc. (NYSE:WGO) Sees Large Decrease in Short Interest

Winnebago Industries, Inc. (NYSE:WGO) was the recipient of a significant drop in short interest in January. As of January 30th, there was short interest totaling 2,348,005 shares, a drop of 18.7% from the January 15th total of 2,887,092 shares. Based on an average daily trading volume, of 545,370 shares, the days-to-cover ratio is presently 4.3 days. Approximately 8.7% of the company’s shares are short sold. Approximately 8.7% of the company’s shares are short sold. Based on an average daily trading volume, of 545,370 shares, the days-to-cover ratio is presently 4.3 days.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. Zacks Research raised shares of Winnebago Industries from a “strong sell” rating to a “hold” rating in a report on Friday, October 24th. Citigroup lifted their target price on Winnebago Industries from $51.00 to $54.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Benchmark upped their target price on shares of Winnebago Industries from $42.00 to $48.00 and gave the company a “buy” rating in a research report on Tuesday, December 23rd. Wall Street Zen upgraded shares of Winnebago Industries from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Finally, Griffin Securities set a $40.00 price target on Winnebago Industries in a research report on Tuesday, December 23rd. Four analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $42.80.

Winnebago Industries Stock Up 0.0%

Shares of Winnebago Industries stock traded up $0.02 on Tuesday, reaching $46.56. 271,724 shares of the company were exchanged, compared to its average volume of 469,353. The stock’s 50 day moving average price is $44.53 and its 200-day moving average price is $38.10. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.69 and a quick ratio of 1.25. Winnebago Industries has a 1-year low of $28.00 and a 1-year high of $50.16. The company has a market cap of $1.31 billion, a P/E ratio of 36.38 and a beta of 1.12.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Friday, December 19th. The RV manufacturer reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.12 by $0.26. Winnebago Industries had a net margin of 1.27% and a return on equity of 4.83%. The firm had revenue of $702.70 million for the quarter, compared to analysts’ expectations of $628.51 million. During the same quarter last year, the company earned ($0.03) earnings per share. The firm’s 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, equities analysts forecast that Winnebago Industries will post 3.41 EPS for the current year.

Winnebago Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th were paid a $0.35 dividend. The ex-dividend date was Wednesday, January 14th. This represents a $1.40 dividend on an annualized basis and a yield of 3.0%. Winnebago Industries’s dividend payout ratio (DPR) is currently 109.38%.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in WGO. Northwestern Mutual Wealth Management Co. lifted its stake in Winnebago Industries by 90.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock worth $26,000 after purchasing an additional 364 shares during the last quarter. Clearstead Advisors LLC purchased a new stake in shares of Winnebago Industries during the 4th quarter worth approximately $35,000. Hantz Financial Services Inc. boosted its holdings in shares of Winnebago Industries by 825.4% in the 3rd 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. Public Employees Retirement System of Ohio grew its position in shares of Winnebago Industries by 15.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock valued at $75,000 after buying an additional 309 shares during the last quarter. Finally, State of Wyoming grew its position in shares of Winnebago Industries by 151.4% in the 2nd quarter. State of Wyoming now owns 3,406 shares of the RV manufacturer’s stock valued at $99,000 after buying an additional 2,051 shares during the last quarter.

Winnebago Industries Company Profile

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.