Shares of Winnebago Industries, Inc. (NYSE:WGO – Get Free Report) have earned a consensus recommendation of “Hold” from the twelve analysts that are covering the firm, Marketbeat reports. Nine investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $36.3333.
WGO has been the topic of a number of research analyst reports. Citigroup increased their price objective on shares of Winnebago Industries from $29.00 to $30.00 and gave the company a “neutral” rating in a research note on Monday, June 29th. DA Davidson restated a “neutral” rating and issued a $35.00 target price on shares of Winnebago Industries in a research note on Monday, June 15th. Northcoast Research cut shares of Winnebago Industries from a “buy” rating to a “neutral” rating in a research report on Monday, June 1st. Roth Capital decreased their price target on Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating for the company in a research note on Tuesday, June 23rd. Finally, KeyCorp reissued a “sector weight” rating on shares of Winnebago Industries in a report on Friday, June 26th.
Get Our Latest Analysis on Winnebago Industries
Winnebago Industries Trading Up 0.4%
Winnebago Industries (NYSE:WGO – Get Free Report) last issued its quarterly earnings data on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $755.67 million. During the same quarter last year, the business earned $0.81 EPS. Winnebago Industries’s revenue for the quarter 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. As a group, sell-side analysts predict that Winnebago Industries will post 1.81 earnings per share for the current fiscal year.
Winnebago Industries Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 5.1%. The ex-dividend date is Wednesday, September 9th. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.35. Winnebago Industries’s payout ratio is 105.88%.
Insider Buying and Selling
In other Winnebago Industries news, CEO Michael J. Happe sold 12,045 shares of Winnebago Industries stock in a transaction 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 transaction, the chief executive officer owned 349,349 shares of the company’s stock, valued at $11,416,725.32. The trade was a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret A. Woodson sold 1,235 shares of the business’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $31.73, for a total transaction of $39,186.55. Following the sale, the senior vice president owned 31,373 shares of the company’s stock, valued at approximately $995,465.29. The trade was a 3.79% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 15,694 shares of company stock valued at $511,658 over the last quarter. Company insiders own 4.88% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the business. Royal Bank of Canada grew its position in shares of Winnebago Industries by 5.5% during the 1st quarter. Royal Bank of Canada now owns 9,568 shares of the RV manufacturer’s stock valued at $329,000 after buying an additional 498 shares during the last quarter. AQR Capital Management LLC lifted its holdings in Winnebago Industries by 283.0% in the first quarter. AQR Capital Management LLC now owns 65,104 shares of the RV manufacturer’s stock worth $2,243,000 after acquiring an additional 48,105 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Winnebago Industries by 2.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock worth $568,000 after acquiring an additional 401 shares during the last quarter. First Trust Advisors LP boosted its stake in Winnebago Industries by 83.9% in the second quarter. First Trust Advisors LP now owns 34,626 shares of the RV manufacturer’s stock valued at $1,004,000 after acquiring an additional 15,801 shares during the period. Finally, Marshall Wace LLP boosted its stake in Winnebago Industries by 142.3% in the second quarter. Marshall Wace LLP now owns 233,505 shares of the RV manufacturer’s stock valued at $6,772,000 after acquiring an additional 137,120 shares during the period.
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.
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