Michael Happe Sells 12,045 Shares of Winnebago Industries (NYSE:WGO) Stock

Winnebago Industries, Inc. (NYSE:WGO) CEO Michael Happe sold 12,045 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were 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 in the company, valued at approximately $11,416,725.32. This represents a 3.33% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Winnebago Industries Price Performance

NYSE:WGO opened at $31.51 on Friday. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. Winnebago Industries, Inc. has a 52 week low of $26.80 and a 52 week high of $50.16. The stock’s 50-day moving average price is $30.35 and its 200-day moving average price is $33.93. The stock has a market capitalization of $890.79 million, a PE ratio of 23.17 and a beta of 1.11.

Winnebago Industries (NYSE:WGO) last issued 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). The business had revenue of $698.70 million during 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 firm’s revenue for the quarter was down 9.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, equities analysts expect that Winnebago Industries, Inc. will post 1.81 EPS for the current fiscal year.

Winnebago Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be paid 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 dividend yield of 4.6%. The ex-dividend date of this dividend is Wednesday, September 9th. Winnebago Industries’s dividend payout ratio is presently 102.94%.

Institutional Trading of Winnebago Industries

Institutional investors and hedge funds have recently bought and sold shares of the stock. Northwestern Mutual Wealth Management Co. boosted its position in shares of Winnebago Industries by 90.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock worth $26,000 after purchasing an additional 364 shares during the period. Clearstead Advisors LLC purchased a new position in shares of Winnebago Industries during the fourth quarter worth $35,000. Allworth Financial LP purchased a new position in shares of Winnebago Industries during the second quarter worth $33,000. Hantz Financial Services Inc. lifted its stake 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 worth $66,000 after acquiring an additional 435 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its stake in Winnebago Industries by 15.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock worth $75,000 after acquiring an additional 309 shares in the last quarter.

Wall Street Analyst Weigh In

Several analysts recently commented on WGO shares. Griffin Securities set a $35.00 price target on Winnebago Industries in a research report on Monday, June 15th. DA Davidson reiterated a “neutral” rating and issued a $35.00 target price on shares of Winnebago Industries in a research report on Monday, June 15th. Benchmark lowered their target price on Winnebago Industries from $48.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. Wall Street Zen lowered Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Winnebago Industries in a research note on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Winnebago Industries currently has a consensus rating of “Hold” and an average target price of $36.33.

Key Winnebago Industries News

Here are the key news stories impacting Winnebago Industries this week:

• Positive Sentiment: Winnebago announced a strategic manufacturing alignment intended to optimize its production footprint, improve operational efficiency and support the long-term growth of its premium outdoor-recreation brands. The plan could strengthen margins and better align capacity with demand, although investors may watch for execution costs and disruption. Winnebago Industries Announces Strategic Manufacturing Alignment to Support Long-Term Growth
• Positive Sentiment: The board raised the quarterly cash dividend to $0.36 per share from $0.35, a 2.9% increase. The dividend is payable September 23 to shareholders of record September 9, reinforcing WGO’s income appeal with an annualized yield of roughly 4.4% based on the cited trading level. Winnebago Industries Board of Directors Approves Quarterly Cash Dividend Increase
• Neutral Sentiment: A Seeking Alpha analysis characterizes the investment outlook as potentially rewarding over the long term but volatile in the near term, reflecting soft RV demand, cyclical industry conditions and the need for operational improvement. Winnebago Industries: The Ride Will Be Bumpy, But Worth It
• Negative Sentiment: CEO Michael Happe sold 12,045 shares for approximately $393,631, while SVP Bret Woodson sold 2,414 shares for approximately $78,841. Both transactions were made under pre-arranged Rule 10b5-1 plans, which reduces their signal as discretionary bets, but the sales can still weigh on sentiment.

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.