Winnebago Industries (NYSE:WGO) SVP Bret Woodson Sells 1,235 Shares of Stock

Winnebago Industries, Inc. (NYSE:WGOGet Free Report) SVP Bret Woodson sold 1,235 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $31.73, for a total transaction of $39,186.55. Following the transaction, the senior vice president directly owned 31,373 shares in the company, valued at approximately $995,465.29. The trade was a 3.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Winnebago Industries Trading Down 2.9%

WGO opened at $31.91 on Friday. The business’s 50 day moving average price is $30.65 and its 200 day moving average price is $33.43. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.92 and a current ratio of 2.37. The stock has a market capitalization of $902.10 million, a PE ratio of 23.46 and a beta of 1.11. Winnebago Industries, Inc. has a one year low of $26.80 and a one year high of $50.16.

Winnebago Industries (NYSE:WGOGet Free Report) last announced 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). The company had revenue of $698.70 million for the quarter, compared to analyst estimates of $755.67 million. Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. Winnebago Industries’s revenue was down 9.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, equities research analysts expect that Winnebago Industries, Inc. will post 1.81 EPS for the current year.

Winnebago Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be issued a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date is Wednesday, September 9th. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.35. Winnebago Industries’s dividend payout ratio (DPR) is currently 102.94%.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. Benchmark dropped their price objective on Winnebago Industries from $48.00 to $40.00 and set a “buy” rating on the stock in a report on Tuesday, June 23rd. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Winnebago Industries in a report on Friday, August 7th. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a research report on Friday, June 26th. DA Davidson restated a “neutral” rating and issued a $35.00 price objective on shares of Winnebago Industries in a research note on Monday, June 15th. Finally, Citigroup increased their target price on shares of Winnebago Industries from $29.00 to $30.00 and gave the stock a “neutral” rating in a research note on Monday, June 29th. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $36.33.

Check Out Our Latest Analysis on WGO

Institutional Trading of Winnebago Industries

Hedge funds have recently modified their holdings of the business. Pzena Investment Management LLC purchased a new position in shares of Winnebago Industries during the second quarter valued at approximately $53,406,000. UBS Group AG lifted its holdings in shares of Winnebago Industries by 224.7% during the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock worth $54,870,000 after acquiring an additional 937,140 shares during the period. Deprince Race & Zollo Inc. boosted its position in shares of Winnebago Industries by 300.6% in the first quarter. Deprince Race & Zollo Inc. now owns 573,448 shares of the RV manufacturer’s stock worth $17,771,000 after acquiring an additional 430,300 shares during the last quarter. Maple Rock Capital Partners Inc. grew its holdings in Winnebago Industries by 33.3% in the second quarter. Maple Rock Capital Partners Inc. now owns 1,559,231 shares of the RV manufacturer’s stock valued at $48,710,000 after purchasing an additional 389,400 shares during the period. Finally, William Blair Investment Management LLC purchased a new position in Winnebago Industries during the second quarter worth approximately $9,545,000.

About Winnebago Industries

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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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