Key Points
- Winnebago SVP Bret Woodson sold 1,235 shares at an average price of $31.73, totaling $39,186.55, under a pre-arranged Rule 10b5-1 plan. He retained 31,373 shares after the transaction.
- Winnebago’s latest quarterly results missed expectations, with EPS of $0.66 versus $0.76 expected and revenue of $698.7 million versus $755.7 million projected; revenue declined 9.9% year over year.
- The company raised its quarterly dividend to $0.36 per share, equivalent to a 4.5% annualized yield, while analysts maintain a consensus “Hold” rating and a $36.33 target price.
Winnebago Industries, Inc. (NYSE:WGO - Get Free Report) SVP Bret Woodson sold 1,235 shares of the company's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $31.73, for a total transaction of $39,186.55. Following the sale, the senior vice president directly owned 31,373 shares of the company's stock, valued at approximately $995,465.29. This trade represents a 3.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Winnebago Industries Price Performance
Shares of NYSE WGO opened at $31.91 on Friday. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.37 and a quick ratio of 0.92. Winnebago Industries, Inc. has a 1-year low of $26.80 and a 1-year high of $50.16. The company has a market capitalization of $902.10 million, a price-to-earnings ratio of 23.46 and a beta of 1.11. The business has a 50-day moving average of $30.65 and a 200-day moving average of $33.43.
Winnebago Industries (NYSE:WGO - Get Free Report) last released its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 EPS 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 analyst estimates of $755.67 million. Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The business's revenue was down 9.9% on a year-over-year basis. During the same period last year, the firm posted $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, equities analysts anticipate that Winnebago Industries, Inc. will post 1.81 EPS for the current fiscal year.
Winnebago Industries Increases Dividend
The company also recently declared 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 represents a $1.44 dividend on an annualized basis and a yield of 4.5%. The ex-dividend date of this dividend is Wednesday, September 9th. This is a positive change from Winnebago Industries's previous quarterly dividend of $0.35. Winnebago Industries's dividend payout ratio (DPR) is 102.94%.
Analyst Upgrades and Downgrades
Several research firms recently commented on WGO. Benchmark cut their price target on Winnebago Industries from $48.00 to $40.00 and set a "buy" rating on the stock in a research note on Tuesday, June 23rd. BMO Capital Markets reduced their target price on Winnebago Industries from $48.00 to $38.00 and set an "outperform" rating on the stock in a report on Friday, June 26th. Seaport Research Partners assumed coverage on Winnebago Industries in a research report on Monday, July 27th. They set a "neutral" rating on the stock. Zacks Research downgraded shares of Winnebago Industries from a "hold" rating to a "strong sell" rating in a report on Friday, June 26th. Finally, Roth Capital cut their price target on Winnebago Industries from $38.00 to $32.00 and set a "neutral" rating on the stock in a report on Tuesday, June 23rd. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $36.33.
View Our Latest Stock Report on Winnebago Industries
Hedge Funds Weigh In On Winnebago Industries
A number of institutional investors and hedge funds have recently bought and sold shares of WGO. Maple Rock Capital Partners Inc. increased its stake in shares of Winnebago Industries by 33.3% during 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 acquiring an additional 389,400 shares during the period. Susquehanna Fundamental Investments LLC bought a new position in shares of Winnebago Industries in the second quarter valued at $363,000. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Winnebago Industries by 196.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,366 shares of the RV manufacturer's stock valued at $74,000 after purchasing an additional 1,567 shares during the last quarter. Penn Capital Management Company LLC purchased a new stake in Winnebago Industries during the second quarter valued at about $456,000. Finally, Empowered Funds LLC purchased a new position in Winnebago Industries during the 2nd quarter worth approximately $4,363,000.
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 Stories
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].
