Hillsdale Investment Management Inc. Has $1.89 Million Stock Holdings in Winnebago Industries, Inc. $WGO

Hillsdale Investment Management Inc. decreased its stake in Winnebago Industries, Inc. (NYSE:WGO) by 53.0% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 60,908 shares of the RV manufacturer’s stock after selling 68,792 shares during the period. Hillsdale Investment Management Inc.’s holdings in Winnebago Industries were worth $1,888,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Principal Financial Group Inc. raised its holdings in Winnebago Industries by 2.0% during the first quarter. Principal Financial Group Inc. now owns 137,129 shares of the RV manufacturer’s stock worth $4,250,000 after acquiring an additional 2,737 shares in the last quarter. Money Concepts Capital Corp grew its stake in Winnebago Industries by 6.6% in the first quarter. Money Concepts Capital Corp now owns 35,588 shares of the RV manufacturer’s stock valued at $1,103,000 after purchasing an additional 2,214 shares in the last quarter. Pzena Investment Management LLC increased its position in shares of Winnebago Industries by 6.9% during the 1st quarter. Pzena Investment Management LLC now owns 993,294 shares of the RV manufacturer’s stock worth $30,782,000 after purchasing an additional 64,332 shares during the last quarter. Deprince Race & Zollo Inc. increased its position in shares of Winnebago Industries by 300.6% during the 1st quarter. Deprince Race & Zollo Inc. now owns 573,448 shares of the RV manufacturer’s stock worth $17,771,000 after purchasing an additional 430,300 shares during the last quarter. Finally, Inspire Investing LLC raised its stake in shares of Winnebago Industries by 41.1% during the 1st quarter. Inspire Investing LLC now owns 16,155 shares of the RV manufacturer’s stock worth $501,000 after purchasing an additional 4,705 shares in the last quarter.

Analyst Ratings Changes

WGO has been the subject of several recent analyst reports. Truist Financial cut their price objective on Winnebago Industries from $43.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, July 8th. Citigroup upped their price target on shares of Winnebago Industries from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a research note on Friday, June 26th. Northcoast Research downgraded shares of Winnebago Industries from a “buy” rating to a “neutral” rating in a research report on Monday, June 1st. Finally, BMO Capital Markets lowered their price objective on shares of Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating on the stock in a research note on Friday, June 26th. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $36.33.

Winnebago Industries Stock Performance

Shares of NYSE WGO opened at $30.45 on Thursday. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. The company has a market capitalization of $860.91 million, a P/E ratio of 22.39 and a beta of 1.12. Winnebago Industries, Inc. has a 12 month low of $26.80 and a 12 month high of $50.16. The stock has a 50 day moving average of $29.52 and a 200-day moving average of $35.84.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share 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 business had revenue of $698.70 million during the quarter, compared to the consensus estimate of $755.67 million. During the same quarter last year, the company posted $0.81 EPS. The firm’s revenue 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, equities research analysts predict that Winnebago Industries, Inc. will post 1.82 EPS for the current year.

Winnebago Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were given a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $1.40 annualized dividend and a dividend yield of 4.6%. Winnebago Industries’s dividend payout ratio is presently 102.94%.

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.