Winnebago Industries (NYSE:WGO) SVP Bret Woodson Sells 2,414 Shares

Winnebago Industries, Inc. (NYSE:WGO) SVP Bret Woodson sold 2,414 shares of the stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $32.66, for a total value of $78,841.24. Following the sale, the senior vice president owned 31,274 shares in the company, valued at approximately $1,021,408.84. This represents a 7.17% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Winnebago Industries Price Performance

Winnebago Industries stock traded down $0.77 during midday trading on Friday, reaching $31.80. 71,121 shares of the stock were exchanged, compared to its average volume of 659,210. Winnebago Industries, Inc. has a 52 week low of $26.80 and a 52 week high of $50.16. 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 firm has a market cap of $899.10 million, a PE ratio of 23.39 and a beta of 1.11. The company’s fifty day moving average is $30.27 and its 200-day moving average is $33.94.

Winnebago Industries (NYSE:WGO) last posted 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 $0.76 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 for the quarter, compared to analysts’ expectations of $755.67 million. During the same quarter in the previous year, the company earned $0.81 earnings per share. The business’s quarterly 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. On average, sell-side analysts forecast that Winnebago Industries, Inc. will post 1.81 EPS for the current year.

Winnebago Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be issued a $0.36 dividend. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $1.44 dividend on an annualized basis and a yield of 4.5%. Winnebago Industries’s payout ratio is 102.94%.

Analyst Upgrades and Downgrades

A number of research firms have commented on WGO. Truist Financial lowered their price target on Winnebago Industries from $43.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, July 8th. Benchmark cut their target price 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. Wall Street Zen downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Saturday, July 18th. Citigroup lifted their price target 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. Finally, Roth Capital reduced their price objective on Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating for the company in a research note on Tuesday, June 23rd. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $36.33.

Institutional Inflows and Outflows

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

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.