Winnebago Industries (NYSE:WGO) Earns Neutral Rating from Analysts at Seaport Research Partners

Seaport Research Partners began coverage on shares of Winnebago Industries (NYSE:WGO) in a research report released on Monday, Marketbeat reports. The brokerage issued a neutral rating on the RV manufacturer’s stock.

A number of other analysts have also commented on the stock. Northcoast Research lowered shares of Winnebago Industries from a “buy” rating to a “neutral” rating in a research note on Monday, June 1st. Citigroup upped their price objective on Winnebago Industries from $29.00 to $30.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. Zacks Research lowered shares of Winnebago Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, June 26th. Benchmark cut their target price on shares of Winnebago Industries from $48.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. Finally, Griffin Securities set a $35.00 price target on shares of Winnebago Industries in a research note on Monday, June 15th. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Winnebago Industries has a consensus rating of “Hold” and an average target price of $36.33.

Winnebago Industries Price Performance

WGO opened at $31.79 on Monday. Winnebago Industries has a 1 year low of $26.80 and a 1 year high of $50.16. The stock has a 50-day moving average price of $29.76 and a 200-day moving average price of $35.10. The firm has a market cap of $898.76 million, a PE ratio of 23.38 and a beta of 1.12. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.37 and a quick ratio of 0.92.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 EPS 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 firm had revenue of $698.70 million for the quarter, compared to analysts’ expectations of $755.67 million. During the same quarter in the previous year, the company earned $0.81 EPS. The company’s quarterly revenue 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. Sell-side analysts predict that Winnebago Industries will post 1.81 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were issued a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $1.40 dividend on an annualized basis and a yield of 4.4%. Winnebago Industries’s payout ratio is currently 102.94%.

Hedge Funds Weigh In On Winnebago Industries

Several institutional investors have recently bought and sold shares of WGO. UBS Group AG grew its holdings in Winnebago Industries by 224.7% during the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock valued at $54,870,000 after buying an additional 937,140 shares in the last quarter. Pzena Investment Management LLC purchased a new position in shares of Winnebago Industries in the 4th quarter worth $37,642,000. Deprince Race & Zollo Inc. increased its holdings in shares of Winnebago Industries by 300.6% in the 1st quarter. Deprince Race & Zollo Inc. now owns 573,448 shares of the RV manufacturer’s stock worth $17,771,000 after buying an additional 430,300 shares during the last quarter. Maple Rock Capital Partners Inc. lifted its holdings in shares of Winnebago Industries by 111.2% in the 3rd quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock valued at $22,746,000 after acquiring an additional 358,100 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC bought a new stake in Winnebago Industries during the third quarter worth approximately $9,785,000.

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.