Winnebago Industries, Inc. (NYSE:WGO) Receives Consensus Rating of “Hold” from Brokerages

Shares of Winnebago Industries, Inc. (NYSE:WGO) have earned an average rating of “Hold” from the twelve brokerages that are covering the company, MarketBeat.com reports. Eight equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $42.40.

A number of brokerages have issued reports on WGO. Citigroup lifted their price objective on Winnebago Industries from $48.00 to $51.00 and gave the company a “buy” rating in a research note on Monday, December 22nd. Zacks Research raised Winnebago Industries from a “strong sell” rating to a “hold” rating in a research report on Friday, October 24th. Roth Capital upped their price target on shares of Winnebago Industries from $36.00 to $42.00 and gave the stock a “neutral” rating in a research note on Monday, December 22nd. Griffin Securities set a $40.00 price objective on shares of Winnebago Industries in a research note on Tuesday, December 23rd. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Winnebago Industries in a report on Monday, December 29th.

Insider Activity at Winnebago Industries

In other Winnebago Industries 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 sale, the chief executive officer directly owned 347,501 shares in the company, valued at approximately $14,379,591.38. This trade 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 purchased 2,700 shares of the firm’s stock in a transaction dated Friday, October 24th. The stock was acquired at an average price of $40.27 per share, with a total value of $108,729.00. Following the purchase, the director directly owned 14,426 shares of the company’s stock, valued at approximately $580,935.02. The trade was a 23.03% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 4.88% of the company’s stock.

Hedge Funds Weigh In On Winnebago Industries

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Prudential Financial Inc. lifted its stake in shares of Winnebago Industries by 44.6% in the 2nd quarter. Prudential Financial Inc. now owns 237,858 shares of the RV manufacturer’s stock worth $6,898,000 after purchasing an additional 73,404 shares during the period. Farther Finance Advisors LLC increased its holdings in Winnebago Industries by 53.3% during the second quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock valued at $32,000 after buying an additional 385 shares during the last quarter. Russell Investments Group Ltd. raised its position in Winnebago Industries by 73.3% in the second quarter. Russell Investments Group Ltd. now owns 153,188 shares of the RV manufacturer’s stock worth $4,442,000 after acquiring an additional 64,789 shares during the period. GAMMA Investing LLC boosted its stake in shares of Winnebago Industries by 62.8% during the 2nd quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock worth $33,000 after acquiring an additional 433 shares during the last quarter. Finally, Allianz Asset Management GmbH bought a new stake in shares of Winnebago Industries during the 2nd quarter valued at $1,210,000.

Winnebago Industries Trading Down 2.0%

NYSE:WGO opened at $40.04 on Tuesday. The firm has a market capitalization of $1.13 billion, a P/E ratio of 31.28 and a beta of 1.08. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.69 and a quick ratio of 1.25. Winnebago Industries has a one year low of $28.00 and a one year high of $50.81. The company’s 50-day simple moving average is $37.98 and its 200 day simple moving average is $34.66.

Winnebago Industries (NYSE:WGO) last released its earnings results on Friday, December 19th. The RV manufacturer reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.26. Winnebago Industries had a net margin of 1.27% and a return on equity of 4.83%. The firm had revenue of $702.70 million during the quarter, compared to analyst estimates of $628.51 million. During the same period last year, the business earned ($0.03) earnings per share. The business’s revenue was up 12.3% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. As a group, analysts forecast that Winnebago Industries will post 3.41 EPS for the current fiscal year.

Winnebago Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date is Wednesday, January 14th. Winnebago Industries’s payout ratio is presently 109.38%.

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.