Winnebago Industries (NYSE:WGO) Shares Down 3.9% – Should You Sell?

Winnebago Industries, Inc. (NYSE:WGO) was down 3.9% on Thursday . The company traded as low as $40.13 and last traded at $39.7850. Approximately 371,008 shares changed hands during trading, a decline of 47% from the average daily volume of 695,120 shares. The stock had previously closed at $41.40.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the company. DA Davidson upped their target price on Winnebago Industries from $32.00 to $38.00 and gave the stock a “neutral” rating in a report on Friday, October 24th. Benchmark restated a “buy” rating on shares of Winnebago Industries in a report on Wednesday. KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a research note on Thursday, October 23rd. Truist Financial raised their target price on shares of Winnebago Industries from $36.00 to $46.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Winnebago Industries in a report on Monday. Four investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $39.00.

Winnebago Industries Price Performance

The firm has a market capitalization of $1.14 billion, a P/E ratio of 44.29 and a beta of 1.12. The stock’s fifty day simple moving average is $35.89 and its 200 day simple moving average is $33.85. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.42 and a quick ratio of 1.21.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Wednesday, October 22nd. The RV manufacturer reported $0.71 earnings per share for the quarter, beating analysts’ consensus estimates of $0.58 by $0.13. The business had revenue of $777.30 million for the quarter, compared to analysts’ expectations of $724.89 million. Winnebago Industries had a net margin of 0.92% and a return on equity of 3.86%. The company’s revenue was up 7.8% compared to the same quarter last year. During the same period last year, the business earned $0.28 EPS. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. On average, equities research analysts predict that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, January 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.5%. Winnebago Industries’s dividend payout ratio is presently 153.85%.

Insider Buying and Selling at Winnebago Industries

In other news, CEO Michael J. Happe sold 7,105 shares of the stock in a transaction on Monday, October 27th. The stock was sold at an average price of $41.38, for a total transaction of $294,004.90. Following the completion of the sale, the chief executive officer owned 347,501 shares in the company, valued at approximately $14,379,591.38. This represents a 2.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Sara E. Armbruster bought 2,700 shares of the company’s stock in a transaction that occurred on Friday, October 24th. The shares were acquired at an average price of $40.27 per share, for a total transaction of $108,729.00. Following the completion of the purchase, the director owned 14,426 shares in the company, valued at $580,935.02. The trade was a 23.03% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. Corporate insiders own 4.88% of the company’s stock.

Hedge Funds Weigh In On Winnebago Industries

Several hedge funds have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of Winnebago Industries by 90.5% in the 3rd 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 during the last quarter. Farther Finance Advisors LLC increased its stake 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 valued at $32,000 after purchasing an additional 385 shares in the last quarter. GAMMA Investing LLC raised its holdings 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 buying an additional 433 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in shares of Winnebago Industries by 825.4% during the third quarter. Hantz Financial Services Inc. now owns 1,203 shares of the RV manufacturer’s stock worth $40,000 after buying an additional 1,073 shares during the period. Finally, State of Wyoming acquired a new stake in shares of Winnebago Industries during the first quarter worth $47,000.

About Winnebago Industries

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.