New York State Teachers Retirement System Cuts Stock Position in Winnebago Industries, Inc. $WGO

New York State Teachers Retirement System lessened its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO) by 47.6% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,019 shares of the RV manufacturer’s stock after selling 18,205 shares during the quarter. New York State Teachers Retirement System’s holdings in Winnebago Industries were worth $620,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Northwestern Mutual Wealth Management Co. grew its holdings in shares of 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 purchasing an additional 364 shares in the last quarter. Clearstead Advisors LLC acquired a new stake in Winnebago Industries during the 4th quarter worth approximately $35,000. Hantz Financial Services Inc. boosted its position in Winnebago Industries by 36.2% in 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 during the period. Public Employees Retirement System of Ohio boosted its position in 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 valued at $75,000 after buying an additional 309 shares during the period. Finally, State of Wyoming grew 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 worth $99,000 after acquiring an additional 2,051 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Truist Financial decreased their target price on Winnebago Industries from $43.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, July 8th. Wall Street Zen downgraded Winnebago Industries from a “buy” rating to a “hold” rating in a report on Sunday, May 24th. BMO Capital Markets reduced their price target on Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating on the stock in a research report on Friday, June 26th. Griffin Securities set a $35.00 price objective on Winnebago Industries in a research note on Monday, June 15th. Finally, Citigroup boosted their price objective on Winnebago Industries from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Three investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Winnebago Industries has an average rating of “Hold” and a consensus price target of $36.33.

Winnebago Industries Stock Performance

Shares of WGO stock opened at $29.59 on Tuesday. Winnebago Industries, Inc. has a 52-week low of $26.80 and a 52-week high of $50.16. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. The stock’s 50-day moving average price is $29.59 and its 200 day moving average price is $36.02. The stock has a market capitalization of $836.62 million, a PE ratio of 21.76 and a beta of 1.12.

Winnebago Industries (NYSE:WGO) last released 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 business 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%.The business’s revenue for the quarter was down 9.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.81 EPS. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, equities research analysts forecast that Winnebago Industries, Inc. will post 1.82 EPS for the current year.

Winnebago Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were issued a dividend of $0.35 per share. The ex-dividend date was Wednesday, June 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.7%. 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.