Shares of Winnebago Industries, Inc. (NYSE:WGO – Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as $26.60 and last traded at $26.4960, with a volume of 38400 shares trading hands. The stock had previously closed at $26.96.
Analyst Ratings Changes
A number of research firms recently commented on WGO. Wall Street Zen upgraded shares of Winnebago Industries from a “sell” rating to a “hold” rating in a research report on Saturday, September 12th. Weiss Ratings reissued a “hold (c-)” rating on shares of Winnebago Industries in a research report on Friday, August 7th. Griffin Securities set a $35.00 target price on Winnebago Industries in a report on Monday, June 15th. DA Davidson reiterated a “neutral” rating and issued a $35.00 price target on shares of Winnebago Industries in a research note on Monday, June 15th. Finally, Zacks Research raised Winnebago Industries from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 1st. Three equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $36.22.
Get Our Latest Report on Winnebago Industries
Winnebago Industries Trading Down 1.4%
Winnebago Industries (NYSE:WGO – Get Free Report) last announced its earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.10). Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The business had revenue of $698.70 million for the quarter, compared to analyst estimates of $755.67 million. During the same quarter in the previous year, the company earned $0.81 EPS. The business’s revenue for the quarter was down 9.9% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, research analysts expect that Winnebago Industries, Inc. will post 1.81 EPS for the current year.
Winnebago Industries Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be given a $0.36 dividend. The ex-dividend date is Wednesday, September 9th. 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 5.4%. Winnebago Industries’s dividend payout ratio (DPR) is 105.88%.
Insider Activity
In other news, SVP Bret Woodson sold 2,414 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $32.66, for a total value of $78,841.24. Following the completion of the transaction, the senior vice president directly owned 31,274 shares in the company, valued at approximately $1,021,408.84. The trade was a 7.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael Happe sold 12,045 shares of the business’s stock in a transaction that occurred 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 transaction, the chief executive officer owned 349,349 shares of the company’s stock, valued at approximately $11,416,725.32. This represents 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. Over the last three months, insiders sold 15,694 shares of company stock worth $511,658. Insiders own 4.88% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of WGO. Clearstead Advisors LLC acquired a new position in Winnebago Industries in the 4th quarter worth about $35,000. Allworth Financial LP acquired a new position in Winnebago Industries in the second quarter valued at $33,000. Hantz Financial Services Inc. raised its position in shares of Winnebago Industries by 36.2% in 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. Northwestern Mutual Wealth Management Co. acquired a new position in Winnebago Industries in the second quarter valued at approximately $74,000. Finally, Public Employees Retirement System of Ohio acquired a new position in shares of Winnebago Industries during the 2nd quarter valued at $91,000.
Winnebago Industries Company Profile
Winnebago Industries, Inc is a manufacturer of recreational vehicles and marine products headquartered in Forest City, Iowa. Founded in 1958, the company initially became known for producing motorhomes under the Winnebago brand and has since expanded into a broad portfolio of recreational lifestyle products.
The company manufactures motorhomes, travel trailers, fifth-wheel trailers, and other towable recreational vehicles. Its brand portfolio includes Winnebago, Grand Design, Newmar, Chris-Craft, and Barletta, offering products that range from entry-level and premium RVs to luxury motor yachts and pontoon boats.
Winnebago serves customers primarily through independent dealers in the United States and Canada, with products also distributed in select international markets.
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