Winnebago Industries, Inc. (NYSE:WGO – Get Free Report)’s stock price traded up 13.7% during trading on Thursday . The stock traded as high as $31.10 and last traded at $31.0160. Approximately 346,632 shares traded hands during trading, a decline of 47% from the average session volume of 655,647 shares. The stock had previously closed at $27.27.
Wall Street Analysts Forecast Growth
WGO has been the topic of several recent analyst reports. Roth Mkm cut their target price on Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating on the stock in a research note on Tuesday. Robert W. Baird lowered their price target on Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating for the company in a research report on Thursday, March 26th. Griffin Securities set a $35.00 price objective on Winnebago Industries in a report on Monday, June 15th. DA Davidson reiterated a “neutral” rating and issued a $35.00 price objective on shares of Winnebago Industries in a research report on Monday, June 15th. Finally, BMO Capital Markets reduced their target price on Winnebago Industries from $55.00 to $48.00 and set an “outperform” rating on the stock in a research note on Thursday, March 26th. Three equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, Winnebago Industries currently has a consensus rating of “Hold” and a consensus target price of $37.90.
Winnebago Industries Stock Performance
Winnebago Industries (NYSE:WGO – Get Free Report) last announced its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.78 by ($0.12). Winnebago Industries had a net margin of 1.43% and a return on equity of 4.99%. The company had revenue of $698.70 million for the quarter, compared to analysts’ expectations of $755.67 million. During the same quarter in the prior year, the firm earned $0.81 EPS. Winnebago Industries’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. On average, equities research analysts expect that Winnebago Industries, Inc. will post 2.31 earnings per share for the current fiscal year.
Winnebago Industries Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were issued a dividend of $0.35 per share. The ex-dividend date was Wednesday, June 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.5%. Winnebago Industries’s dividend payout ratio is 95.24%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently made changes to their positions in WGO. Public Employees Retirement System of Ohio boosted its position in shares of Winnebago Industries by 10.3% during the fourth quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the RV manufacturer’s stock valued at $101,000 after purchasing an additional 233 shares in the last quarter. Verdence Capital Advisors LLC grew its stake in Winnebago Industries by 4.3% in the fourth quarter. Verdence Capital Advisors LLC now owns 5,916 shares of the RV manufacturer’s stock worth $240,000 after purchasing an additional 244 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Winnebago Industries by 90.5% in the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock worth $26,000 after purchasing an additional 364 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Winnebago Industries by 2.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock valued at $568,000 after buying an additional 401 shares during the period. Finally, State of Alaska Department of Revenue lifted its position in Winnebago Industries by 2.6% during the fourth quarter. State of Alaska Department of Revenue now owns 15,900 shares of the RV manufacturer’s stock valued at $643,000 after buying an additional 402 shares during the period.
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.
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