Winnebago Industries (NYSE:WGO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Winnebago Industries (NYSE:WGO) from a sell rating to a hold rating in a research note published on Saturday.

WGO has been the topic of several other research reports. Griffin Securities set a $35.00 price objective on Winnebago Industries in a research note on Monday, June 15th. Zacks Research cut Winnebago Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, June 26th. Benchmark lowered their price target on Winnebago Industries from $48.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd. KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a research report on Friday, June 26th. Finally, Truist Financial cut their price objective on Winnebago Industries from $43.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, July 8th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $36.33.

Winnebago Industries Price Performance

Shares of WGO opened at $32.18 on Friday. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. Winnebago Industries has a 1 year low of $26.80 and a 1 year high of $50.16. The stock has a market cap of $909.84 million, a P/E ratio of 23.66 and a beta of 1.11. The stock’s 50-day moving average price is $30.75 and its two-hundred day moving average price is $33.22.

Winnebago Industries (NYSE:WGO) last posted its 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 for the quarter, compared to analyst estimates of $755.67 million. Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.Winnebago Industries’s quarterly revenue was down 9.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, equities analysts predict that Winnebago Industries will post 1.81 earnings per share for the current year.

Winnebago Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be paid a dividend of $0.36 per share. The ex-dividend date is Wednesday, September 9th. This represents a $1.44 annualized dividend and a dividend yield of 4.5%. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.35. Winnebago Industries’s dividend payout ratio (DPR) is presently 102.94%.

Insider Transactions at Winnebago Industries

In other Winnebago Industries news, SVP Bret A. Woodson sold 1,235 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $31.73, for a total value of $39,186.55. Following the sale, the senior vice president owned 31,373 shares in the company, valued at $995,465.29. This represents a 3.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael J. Happe sold 12,045 shares of the firm’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total value of $393,630.60. Following the completion of the sale, the chief executive officer directly owned 349,349 shares of the company’s stock, valued at approximately $11,416,725.32. The trade was a 3.33% 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. Over the last ninety days, insiders sold 15,694 shares of company stock worth $511,658. 4.88% of the stock is owned by insiders.

Institutional Investors Weigh In On Winnebago Industries

A number of large investors have recently added to or reduced their stakes in WGO. Royal Bank of Canada boosted its position in Winnebago Industries by 5.5% during the first quarter. Royal Bank of Canada now owns 9,568 shares of the RV manufacturer’s stock worth $329,000 after purchasing an additional 498 shares during the period. AQR Capital Management LLC raised its position in shares of Winnebago Industries by 283.0% in the first quarter. AQR Capital Management LLC now owns 65,104 shares of the RV manufacturer’s stock valued at $2,243,000 after purchasing an additional 48,105 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Winnebago Industries by 2.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock worth $568,000 after buying an additional 401 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of Winnebago Industries by 83.9% during the 2nd quarter. First Trust Advisors LP now owns 34,626 shares of the RV manufacturer’s stock worth $1,004,000 after buying an additional 15,801 shares during the last quarter. Finally, Marshall Wace LLP boosted its holdings in shares of Winnebago Industries by 142.3% during the 2nd quarter. Marshall Wace LLP now owns 233,505 shares of the RV manufacturer’s stock worth $6,772,000 after buying an additional 137,120 shares during the period.

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.