Brokerages Set Winnebago Industries, Inc. (NYSE:WGO) PT at $36.33

Winnebago Industries, Inc. (NYSE:WGO) has earned a consensus recommendation of “Hold” from the twelve analysts that are currently covering the company, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, eight have assigned a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have updated their coverage on the stock in the last year is $36.3333.

A number of research analysts have recently issued reports on WGO shares. Wall Street Zen downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. Northcoast Research downgraded shares of Winnebago Industries from a “buy” rating to a “neutral” rating in a research report on Monday, June 1st. Citigroup increased their price objective on shares of Winnebago Industries from $29.00 to $30.00 and gave the stock a “neutral” rating in a research note on Monday, June 29th. Benchmark cut their target price on shares of Winnebago Industries from $48.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. Finally, Griffin Securities set a $35.00 target price on Winnebago Industries in a research note on Monday, June 15th.

Winnebago Industries Price Performance

Shares of WGO opened at $31.36 on Wednesday. Winnebago Industries has a 52 week low of $26.80 and a 52 week high of $50.16. 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 market cap of $886.52 million, a price-to-earnings ratio of 23.06 and a beta of 1.11. The stock has a 50 day moving average of $30.47 and a 200-day moving average of $33.63.

Winnebago Industries (NYSE:WGO) last posted its quarterly 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 firm had revenue of $698.70 million for the quarter, compared to analyst estimates of $755.67 million. Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The business’s revenue was down 9.9% on a year-over-year basis. During the same period in the prior year, the company posted $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, analysts forecast that Winnebago Industries will post 1.81 EPS for the current year.

Winnebago Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be given 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 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Wednesday, September 9th. Winnebago Industries’s payout ratio is presently 105.88%.

Insiders Place Their Bets

In other news, CEO Michael J. Happe sold 12,045 shares of Winnebago Industries 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 transaction, the chief executive officer directly owned 349,349 shares in the company, valued at approximately $11,416,725.32. This trade represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret A. Woodson sold 2,414 shares of Winnebago Industries stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $32.66, for a total value of $78,841.24. Following the transaction, the senior vice president directly owned 31,274 shares in the company, valued at approximately $1,021,408.84. The trade was a 7.17% decrease in their ownership of the stock. 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 own 4.88% of the company’s stock.

Institutional Investors Weigh In On Winnebago Industries

Several hedge funds have recently modified their holdings of the stock. Pzena Investment Management LLC bought a new stake in shares of Winnebago Industries in the 2nd quarter worth approximately $53,406,000. UBS Group AG grew its holdings in shares of Winnebago Industries by 224.7% during the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock worth $54,870,000 after purchasing an additional 937,140 shares in the last quarter. Deprince Race & Zollo Inc. increased its position in shares of Winnebago Industries by 300.6% during the first quarter. Deprince Race & Zollo Inc. now owns 573,448 shares of the RV manufacturer’s stock valued at $17,771,000 after purchasing an additional 430,300 shares during the period. Maple Rock Capital Partners Inc. increased its position in shares of Winnebago Industries by 111.2% during the third quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock valued at $22,746,000 after purchasing an additional 358,100 shares during the period. Finally, William Blair Investment Management LLC acquired a new position in shares of Winnebago Industries in the second quarter valued at $9,545,000.

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.