Winnebago Industries, Inc. (NYSE:WGO) Short Interest Update

Winnebago Industries, Inc. (NYSE:WGO) was the target of a large drop in short interest in the month of December. As of December 31st, there was short interest totaling 2,193,144 shares, a drop of 19.6% from the December 15th total of 2,729,420 shares. Approximately 8.2% of the company’s shares are short sold. Based on an average daily trading volume, of 777,449 shares, the days-to-cover ratio is presently 2.8 days. Based on an average daily trading volume, of 777,449 shares, the days-to-cover ratio is presently 2.8 days. Approximately 8.2% of the company’s shares are short sold.

Insider Activity

In other Winnebago Industries news, Director Sara E. Armbruster purchased 2,700 shares of the firm’s stock in a transaction dated Friday, October 24th. The stock was bought at an average cost of $40.27 per share, with a total value of $108,729.00. Following the purchase, the director directly owned 14,426 shares of the company’s stock, valued at $580,935.02. The trade was a 23.03% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Michael J. Happe sold 7,105 shares of the business’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $41.38, for a total transaction of $294,004.90. Following the transaction, the chief executive officer owned 347,501 shares in the company, valued at $14,379,591.38. This represents a 2.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 4.88% of the company’s stock.

Institutional Investors Weigh In On Winnebago Industries

Several large investors have recently made changes to their positions in WGO. Prudential Financial Inc. raised its stake in Winnebago Industries by 44.6% in the 2nd quarter. Prudential Financial Inc. now owns 237,858 shares of the RV manufacturer’s stock worth $6,898,000 after acquiring an additional 73,404 shares during the last quarter. Farther Finance Advisors LLC raised its position in Winnebago Industries by 53.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock worth $32,000 after buying an additional 385 shares during the last quarter. Russell Investments Group Ltd. boosted its holdings in shares of Winnebago Industries by 73.3% in the 2nd quarter. Russell Investments Group Ltd. now owns 153,188 shares of the RV manufacturer’s stock valued at $4,442,000 after acquiring an additional 64,789 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Winnebago Industries by 62.8% in the second quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock worth $33,000 after acquiring an additional 433 shares during the period. Finally, Allianz Asset Management GmbH purchased a new position in shares of Winnebago Industries during the second quarter worth $1,210,000.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Loop Capital initiated coverage on shares of Winnebago Industries in a research note on Friday, October 31st. They set a “hold” rating and a $40.00 price target on the stock. Griffin Securities set a $40.00 price objective on shares of Winnebago Industries in a research report on Tuesday, December 23rd. Zacks Research raised shares of Winnebago Industries from a “strong sell” rating to a “hold” rating in a report on Friday, October 24th. DA Davidson lifted their price objective on Winnebago Industries from $38.00 to $40.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Finally, Roth Capital boosted their price objective on Winnebago Industries from $36.00 to $42.00 and gave the stock a “neutral” rating in a report on Monday, December 22nd. Four investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $42.80.

Winnebago Industries Stock Down 3.7%

Shares of Winnebago Industries stock traded down $1.75 during trading on Tuesday, hitting $46.04. The company’s stock had a trading volume of 389,663 shares, compared to its average volume of 755,161. Winnebago Industries has a 52 week low of $28.00 and a 52 week high of $49.13. The company has a market capitalization of $1.30 billion, a PE ratio of 35.97 and a beta of 1.08. The company has a fifty day simple moving average of $39.62 and a two-hundred day simple moving average of $35.73. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.25 and a current ratio of 2.69.

Winnebago Industries (NYSE:WGO) last issued its earnings results on Friday, December 19th. The RV manufacturer reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.12 by $0.26. The business had revenue of $702.70 million during the quarter, compared to analysts’ expectations of $628.51 million. Winnebago Industries had a net margin of 1.27% and a return on equity of 4.83%. The business’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.03) earnings per share. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. Equities research analysts predict that Winnebago Industries will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th will be paid a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.0%. The ex-dividend date is Wednesday, January 14th. Winnebago Industries’s dividend payout ratio is presently 109.38%.

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.