79,213 Shares in Winnebago Industries, Inc. $WGO Purchased by Man Group plc

Man Group plc acquired a new position in Winnebago Industries, Inc. (NYSE:WGO) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 79,213 shares of the RV manufacturer’s stock, valued at approximately $2,475,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Pzena Investment Management LLC purchased a new stake in shares of Winnebago Industries in the second quarter worth $53,406,000. UBS Group AG raised its position in shares of Winnebago Industries by 224.7% in the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock worth $54,870,000 after purchasing an additional 937,140 shares during the last quarter. Deprince Race & Zollo Inc. raised its position in shares of Winnebago Industries by 300.6% in 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. Maple Rock Capital Partners Inc. boosted its stake in Winnebago Industries by 111.2% in the 3rd quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock worth $22,746,000 after purchasing an additional 358,100 shares in the last quarter. Finally, William Blair Investment Management LLC bought a new position in Winnebago Industries in the 2nd quarter worth about $9,545,000.

Insider Buying and Selling at Winnebago Industries

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

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. Roth Capital reduced their price objective on shares of Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating for the company in a research note on Tuesday, June 23rd. Griffin Securities set a $35.00 target price on shares of Winnebago Industries in a research note on Monday, June 15th. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a report on Friday, June 26th. Benchmark reduced their price target on shares of Winnebago Industries from $48.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. Finally, Seaport Research Partners initiated coverage on shares of Winnebago Industries in a report on Monday, July 27th. They issued a “neutral” rating for the company. Three 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. According to data from MarketBeat, Winnebago Industries has a consensus rating of “Hold” and a consensus target price of $36.33.

Winnebago Industries Price Performance

WGO opened at $30.07 on Tuesday. The company’s 50-day simple moving average is $30.97 and its two-hundred day simple moving average is $32.59. 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 $850.08 million, a P/E ratio of 22.11 and a beta of 1.11. Winnebago Industries, Inc. has a 52-week low of $26.80 and a 52-week high of $50.16.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 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 company had revenue of $698.70 million during the quarter, compared to the consensus estimate of $755.67 million. During the same quarter in the prior year, the firm earned $0.81 earnings per share. The business’s 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. As a group, analysts predict that Winnebago Industries, Inc. will post 1.81 EPS for the current year.

Winnebago Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Wednesday, September 9th. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a dividend yield of 4.8%. 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.