Winnebago Industries (NYSE:WGO) Stock Rating Upgraded by Zacks Research

Winnebago Industries (NYSE:WGO) was upgraded by investment analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks reports.

WGO has been the subject of several other research reports. KeyCorp restated a “sector weight” rating on shares of Winnebago Industries in a research report on Friday, June 26th. Northcoast Research lowered Winnebago Industries from a “buy” rating to a “neutral” rating in a research note on Monday, June 1st. Truist Financial decreased their price target on Winnebago Industries from $43.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, July 8th. DA Davidson restated a “neutral” rating and set a $35.00 price objective on shares of Winnebago Industries in a report on Monday, June 15th. Finally, 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. Three analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $36.33.

Winnebago Industries Trading Up 3.5%

WGO stock opened at $30.35 on Tuesday. Winnebago Industries has a twelve month low of $26.80 and a twelve month high of $50.16. The stock has a market capitalization of $857.99 million, a price-to-earnings ratio of 22.32 and a beta of 1.12. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. The firm’s fifty day simple moving average is $31.06 and its two-hundred day simple moving average is $32.35.

Winnebago Industries (NYSE:WGO) last released its 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 during the quarter, compared to the consensus estimate of $755.67 million. Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.Winnebago Industries’s revenue was down 9.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.81 EPS. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, analysts anticipate that Winnebago Industries will post 1.81 earnings per share for the current year.

Insider Activity at Winnebago Industries

In related news, SVP Bret A. Woodson sold 1,235 shares of the stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $31.73, for a total value of $39,186.55. Following the transaction, the senior vice president owned 31,373 shares of the company’s stock, valued at $995,465.29. This represents a 3.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael J. Happe sold 12,045 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $32.68, for a total value of $393,630.60. Following the transaction, the chief executive officer owned 349,349 shares in the company, valued at $11,416,725.32. The trade was a 3.33% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 15,694 shares of company stock valued at $511,658 in the last ninety days. Insiders own 4.88% of the company’s stock.

Institutional Investors Weigh In On Winnebago Industries

Hedge funds have recently made changes to their positions in the company. Legato Capital Management LLC raised its holdings in shares of Winnebago Industries by 162.3% in the fourth quarter. Legato Capital Management LLC now owns 56,108 shares of the RV manufacturer’s stock valued at $2,273,000 after acquiring an additional 34,719 shares in the last quarter. De Lisle Partners LLP lifted its stake in Winnebago Industries by 938.3% in the fourth quarter. De Lisle Partners LLP now owns 152,411 shares of the RV manufacturer’s stock worth $6,183,000 after acquiring an additional 137,732 shares during the period. Hsbc Holdings PLC bought a new position in Winnebago Industries during the 2nd quarter worth about $1,332,000. Hillsdale Investment Management Inc. bought a new position in Winnebago Industries during the 4th quarter worth about $5,255,000. Finally, Maple Rock Capital Partners Inc. grew its holdings in Winnebago Industries by 33.3% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,559,231 shares of the RV manufacturer’s stock worth $48,710,000 after acquiring an additional 389,400 shares in the last quarter.

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.