Key Points
- CEO Michael Happe sold 12,045 Winnebago shares for approximately $393,631 under a pre-arranged Rule 10b5-1 plan, reducing his direct stake by 3.33% to 349,349 shares.
- Winnebago’s latest quarter fell short of expectations, with EPS of $0.66 versus $0.76 expected and revenue down 9.9% year over year to $698.7 million. Analysts maintain a consensus “Hold” rating with a $36.33 price target.
- The company raised its quarterly dividend to $0.36 per share from $0.35, payable September 23, while pursuing a manufacturing alignment intended to improve efficiency amid soft and cyclical RV demand.
Winnebago Industries, Inc. (NYSE:WGO - Get Free Report) SVP Bret Woodson sold 2,414 shares of the business's stock in a transaction on Thursday, August 13th. The shares were 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. The trade was a 7.17% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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 Stock Down 3.3%
Shares of NYSE WGO opened at $31.51 on Friday. Winnebago Industries, Inc. has a 52 week low of $26.80 and a 52 week high of $50.16. The business has a 50-day simple moving average of $30.35 and a two-hundred day simple moving average of $33.93. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. The company has a market cap of $890.79 million, a P/E ratio of 23.17 and a beta of 1.11.
Winnebago Industries (NYSE:WGO - Get Free Report) last posted its 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 company had revenue of $698.70 million for the quarter, compared to analysts' expectations of $755.67 million. During the same period in the previous year, the firm earned $0.81 EPS. The firm's quarterly 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. Research analysts anticipate that Winnebago Industries, Inc. will post 1.81 earnings per share for the current fiscal year.
Winnebago Industries Increases Dividend
The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be issued a dividend of $0.36 per share. 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 4.6%. Winnebago Industries's payout ratio is currently 102.94%.
Winnebago Industries News Summary
Here are the key news stories impacting Winnebago Industries this week:
- Positive Sentiment: Winnebago announced a strategic manufacturing alignment intended to optimize its production footprint, improve operational efficiency and support the long-term growth of its premium outdoor-recreation brands. The plan could strengthen margins and better align capacity with demand, although investors may watch for execution costs and disruption. Winnebago Industries Announces Strategic Manufacturing Alignment to Support Long-Term Growth
- Positive Sentiment: The board raised the quarterly cash dividend to $0.36 per share from $0.35, a 2.9% increase. The dividend is payable September 23 to shareholders of record September 9, reinforcing WGO’s income appeal with an annualized yield of roughly 4.4% based on the cited trading level. Winnebago Industries Board of Directors Approves Quarterly Cash Dividend Increase
- Neutral Sentiment: A Seeking Alpha analysis characterizes the investment outlook as potentially rewarding over the long term but volatile in the near term, reflecting soft RV demand, cyclical industry conditions and the need for operational improvement. Winnebago Industries: The Ride Will Be Bumpy, But Worth It
- Negative Sentiment: CEO Michael Happe sold 12,045 shares for approximately $393,631, while SVP Bret Woodson sold 2,414 shares for approximately $78,841. Both transactions were made under pre-arranged Rule 10b5-1 plans, which reduces their signal as discretionary bets, but the sales can still weigh on sentiment.
Institutional Investors Weigh In On Winnebago Industries
Several hedge funds have recently bought and sold shares of WGO. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Winnebago Industries by 90.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer's stock worth $26,000 after buying an additional 364 shares during the last quarter. Allworth Financial LP purchased a new position in Winnebago Industries in the second quarter worth $33,000. Clearstead Advisors LLC bought a new position in Winnebago Industries in the fourth quarter valued at $35,000. Hantz Financial Services Inc. increased its stake in Winnebago Industries by 36.2% in the fourth quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer's stock valued at $66,000 after acquiring an additional 435 shares during the last quarter. Finally, Public Employees Retirement System of Ohio raised its position in Winnebago Industries by 15.9% during the third quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer's stock valued at $75,000 after purchasing an additional 309 shares in the last quarter.
Wall Street Analysts Forecast Growth
Several research analysts have commented on the stock. Citigroup raised their price target on shares of Winnebago Industries from $29.00 to $30.00 and gave the company a "neutral" rating in a report on Monday, June 29th. Seaport Research Partners assumed coverage on shares of Winnebago Industries in a report on Monday, July 27th. They issued a "neutral" rating on the stock. Wall Street Zen downgraded Winnebago Industries from a "hold" rating to a "sell" rating in a research report on Saturday, July 18th. Griffin Securities set a $35.00 price objective on Winnebago Industries in a research note on Monday, June 15th. Finally, Truist Financial reduced their target price 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. Three analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $36.33.
View Our Latest Stock Analysis on Winnebago Industries
Winnebago Industries Company Profile
(
Get Free Report)
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.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
