Pzena Investment Management LLC Buys New Position in Winnebago Industries, Inc. $WGO

Pzena Investment Management LLC purchased a new position in shares of Winnebago Industries, Inc. (NYSE:WGO) during the 2nd quarter, Holdings Channel reports. The institutional investor purchased 1,709,531 shares of the RV manufacturer’s stock, valued at approximately $53,406,000. Pzena Investment Management LLC owned about 0.06% of Winnebago Industries as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. grew its position in Winnebago Industries by 90.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock valued at $26,000 after acquiring an additional 364 shares in the last quarter. Clearstead Advisors LLC acquired a new position in shares of Winnebago Industries during the fourth quarter worth $35,000. Hantz Financial Services Inc. lifted its position in shares of Winnebago Industries by 36.2% during the fourth quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock worth $66,000 after purchasing an additional 435 shares in the last quarter. Public Employees Retirement System of Ohio boosted its stake in shares of Winnebago Industries by 15.9% in the third quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock valued at $75,000 after purchasing an additional 309 shares during the period. Finally, State of Wyoming boosted its stake in shares of Winnebago Industries by 151.4% in the second quarter. State of Wyoming now owns 3,406 shares of the RV manufacturer’s stock valued at $99,000 after purchasing an additional 2,051 shares during the period.

Winnebago Industries Price Performance

WGO stock opened at $31.55 on Tuesday. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. The firm has a 50 day simple moving average of $30.42 and a 200-day simple moving average of $33.73. The company has a market capitalization of $891.92 million, a P/E ratio of 23.20 and a beta of 1.11. Winnebago Industries, Inc. has a twelve month low of $26.80 and a twelve month high of $50.16.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.10). The company had revenue of $698.70 million during the quarter, compared to analyst estimates of $755.67 million. Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The company’s revenue was down 9.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, equities research analysts predict that Winnebago Industries, Inc. will post 1.81 earnings per share for the current fiscal year.

Winnebago Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Wednesday, September 9th. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.35. Winnebago Industries’s payout ratio is presently 102.94%.

Insider Transactions at Winnebago Industries

In related news, CEO Michael J. Happe sold 12,045 shares of Winnebago Industries stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $32.68, for a total value of $393,630.60. Following the completion of the transaction, the chief executive officer directly owned 349,349 shares in the company, valued at approximately $11,416,725.32. This trade represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret A. Woodson sold 2,414 shares of Winnebago Industries stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $32.66, for a total value of $78,841.24. Following the completion of the transaction, the senior vice president owned 31,274 shares of the company’s stock, valued at $1,021,408.84. This trade represents a 7.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 4.88% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently weighed in on WGO. Griffin Securities set a $35.00 price target on shares of Winnebago Industries in a report on Monday, June 15th. Northcoast Research cut shares of Winnebago Industries from a “buy” rating to a “neutral” rating in a research report on Monday, June 1st. Truist Financial lowered their target price on Winnebago Industries from $43.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, July 8th. DA Davidson reaffirmed a “neutral” rating and set a $35.00 target price on shares of Winnebago Industries in a research report on Monday, June 15th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Winnebago Industries in a research note on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $36.33.

Winnebago Industries 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.