Insider Selling: Winnebago Industries (NYSE:WGO) CEO Sells $393,630.60 in Stock

Winnebago Industries, Inc. (NYSE:WGO) CEO Michael Happe sold 12,045 shares of the firm’s stock in a transaction dated 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 $11,416,725.32. This trade represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Winnebago Industries Price Performance

Shares of Winnebago Industries stock traded down $0.77 during trading on Friday, hitting $31.80. 71,121 shares of the company were exchanged, compared to its average volume of 659,210. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. Winnebago Industries, Inc. has a fifty-two week low of $26.80 and a fifty-two week high of $50.16. The stock has a market capitalization of $899.10 million, a price-to-earnings ratio of 23.38 and a beta of 1.11. The firm has a 50 day moving average price of $30.27 and a 200 day moving average price of $33.94.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share for the quarter, missing the consensus estimate of $0.76 by ($0.10). The company had revenue of $698.70 million for the quarter, compared to analysts’ expectations of $755.67 million. Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The business’s quarterly revenue was down 9.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.81 EPS. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, equities analysts expect that Winnebago Industries, Inc. will post 1.81 earnings per share for the current fiscal 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 dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 4.5%. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Wednesday, September 9th. Winnebago Industries’s dividend payout ratio (DPR) is currently 102.94%.

Institutional Trading of Winnebago Industries

Institutional investors have recently added to or reduced their stakes in the stock. Connor Clark & Lunn Investment Management Ltd. bought a new position in Winnebago Industries during the 2nd quarter valued at $577,000. PEAK6 LLC bought a new stake in shares of Winnebago Industries in the 2nd quarter worth about $1,961,000. Hudson Portfolio Management LLC bought a new stake in shares of Winnebago Industries in the 2nd quarter worth about $242,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Winnebago Industries in the 2nd quarter valued at about $74,000. Finally, De Lisle Partners LLP bought a new position in shares of Winnebago Industries during the second quarter worth about $5,388,000.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on WGO shares. Wall Street Zen downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. DA Davidson restated a “neutral” rating and set a $35.00 target price on shares of Winnebago Industries in a research note on Monday, June 15th. KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a research report on Friday, June 26th. Zacks Research cut Winnebago Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, June 26th. Finally, Northcoast Research downgraded Winnebago Industries from a “buy” rating to a “neutral” rating in a report on Monday, June 1st. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $36.33.

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.