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 report released on Saturday morning,Wall Street Zen reports.

WGO has been the topic of several other research reports. Zacks Research raised shares of Winnebago Industries from a “strong sell” rating to a “hold” rating in a research note on Tuesday, September 1st. Northcoast Research cut shares of Winnebago Industries from a “buy” rating to a “neutral” rating in a research report on Monday, June 1st. Weiss Ratings restated a “hold (c-)” rating on shares of Winnebago Industries in a research note on Friday, August 7th. BMO Capital Markets dropped their target price on shares of Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating on the stock in a research note on Friday, June 26th. Finally, 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. Three equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $36.33.

Winnebago Industries Stock Performance

Shares of NYSE:WGO opened at $28.41 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 12 month low of $26.80 and a 12 month high of $50.16. The company has a market capitalization of $803.21 million, a price-to-earnings ratio of 20.89 and a beta of 1.12. The firm’s 50-day moving average is $30.77 and its 200 day moving average is $31.42.

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

Winnebago Industries Increases Dividend

The business also recently announced 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 an increase from Winnebago Industries’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a yield of 5.1%. The ex-dividend date is Wednesday, September 9th. Winnebago Industries’s dividend payout ratio (DPR) is currently 105.88%.

Insider Buying and Selling at Winnebago Industries

In other Winnebago Industries news, CEO Michael Happe sold 12,045 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $32.68, for a total transaction of $393,630.60. Following the sale, the chief executive officer owned 349,349 shares of the company’s stock, valued at approximately $11,416,725.32. This trade represents a 3.33% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret Woodson sold 1,235 shares of Winnebago Industries stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $31.73, for a total value of $39,186.55. Following the completion of the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 15,694 shares of company stock worth $511,658 in the last ninety days. Insiders own 4.88% of the company’s stock.

Hedge Funds Weigh In On Winnebago Industries

Several institutional investors and hedge funds have recently added to or reduced their stakes in WGO. Allworth Financial LP acquired a new stake in shares of Winnebago Industries in the 2nd quarter worth $33,000. Clearstead Advisors LLC acquired a new position in Winnebago Industries during the 4th quarter valued at about $35,000. Hantz Financial Services Inc. increased its position in Winnebago Industries by 36.2% during the 4th quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock valued at $66,000 after buying an additional 435 shares in the last quarter. Northwestern Mutual Wealth Management Co. purchased a new stake in Winnebago Industries in the second quarter valued at about $74,000. Finally, Public Employees Retirement System of Ohio purchased a new stake in Winnebago Industries in the second quarter valued at about $91,000.

About Winnebago Industries

Winnebago Industries, Inc is a manufacturer of recreational vehicles and marine products headquartered in Forest City, Iowa. Founded in 1958, the company initially became known for producing motorhomes under the Winnebago brand and has since expanded into a broad portfolio of recreational lifestyle products.

The company manufactures motorhomes, travel trailers, fifth-wheel trailers, and other towable recreational vehicles. Its brand portfolio includes Winnebago, Grand Design, Newmar, Chris-Craft, and Barletta, offering products that range from entry-level and premium RVs to luxury motor yachts and pontoon boats.

Winnebago serves customers primarily through independent dealers in the United States and Canada, with products also distributed in select international markets.