Analysts Set Winnebago Industries, Inc. (NYSE:WGO) Price Target at $36.33

Shares of Winnebago Industries, Inc. (NYSE:WGO) have been assigned an average recommendation of “Hold” from the twelve analysts that are presently covering the company, Marketbeat reports. Nine equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $36.3333.

WGO has been the topic of several analyst reports. Northcoast Research downgraded Winnebago Industries from a “buy” rating to a “neutral” rating in a research report on Monday, June 1st. Seaport Research Partners began coverage on Winnebago Industries in a research note on Monday, July 27th. They issued a “neutral” rating on the stock. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a research note on Friday, June 26th. Zacks Research upgraded shares of Winnebago Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 1st. Finally, Wall Street Zen lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Sunday, August 30th.

Insider Transactions at Winnebago Industries

In other Winnebago Industries news, CEO Michael J. Happe sold 12,045 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total transaction 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 $11,416,725.32. This trade represents a 3.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret A. Woodson sold 2,414 shares of the business’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $32.66, for a total transaction of $78,841.24. Following the completion of the transaction, the senior vice president directly owned 31,274 shares in the company, valued at $1,021,408.84. This trade represents a 7.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 15,694 shares of company stock valued at $511,658. Corporate insiders own 4.88% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. grew its holdings in Winnebago Industries by 90.5% during 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 in the last quarter. Allworth Financial LP bought a new position in Winnebago Industries during the second quarter valued at $33,000. Clearstead Advisors LLC purchased a new position in shares of Winnebago Industries in the 4th quarter worth $35,000. Hantz Financial Services Inc. increased its holdings in shares of Winnebago Industries by 36.2% in the 4th quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock worth $66,000 after buying an additional 435 shares during the last quarter. Finally, Public Employees Retirement System of Ohio increased its holdings 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 worth $75,000 after buying an additional 309 shares during the last quarter.

Winnebago Industries Stock Performance

Shares of NYSE WGO opened at $29.71 on Friday. Winnebago Industries has a 12-month low of $26.80 and a 12-month high of $50.16. The firm has a market capitalization of $839.96 million, a price-to-earnings ratio of 21.85 and a beta of 1.12. 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 moving average of $30.98 and a 200 day moving average of $31.89.

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

Winnebago Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be issued a dividend of $0.36 per share. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend is Wednesday, September 9th. Winnebago Industries’s payout ratio is 102.94%.

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.