Winnebago Industries’ (WGO) Sell (D+) Rating Reiterated at Weiss Ratings

Weiss Ratings reiterated their sell (d+) rating on shares of Winnebago Industries (NYSE:WGO) in a report published on Friday,Weiss Ratings reports.

A number of other equities analysts have also recently issued reports on the company. BMO Capital Markets lifted their target price on Winnebago Industries from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Friday. DA Davidson increased their price target on Winnebago Industries from $26.00 to $32.00 and gave the company a “neutral” rating in a research report on Tuesday, September 30th. Citigroup lifted their price target on Winnebago Industries from $36.00 to $41.00 and gave the stock a “buy” rating in a research note on Friday, September 12th. KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a research note on Thursday. Finally, Robert W. Baird decreased their target price on shares of Winnebago Industries from $38.00 to $35.00 and set a “neutral” rating for the company in a report on Thursday, June 26th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $41.78.

Winnebago Industries Trading Up 2.1%

Shares of NYSE:WGO opened at $40.24 on Friday. The company has a 50 day moving average of $34.13 and a 200-day moving average of $32.90. The company has a current ratio of 2.42, a quick ratio of 1.21 and a debt-to-equity ratio of 0.44. The firm has a market cap of $1.14 billion, a P/E ratio of 44.22 and a beta of 1.14. Winnebago Industries has a twelve month low of $28.00 and a twelve month high of $65.65.

Winnebago Industries (NYSE:WGO) last announced its earnings results on Wednesday, October 22nd. The RV manufacturer reported $0.71 EPS for the quarter, topping the consensus estimate of $0.58 by $0.13. The firm had revenue of $777.30 million for the quarter, compared to analysts’ expectations of $724.89 million. Winnebago Industries had a return on equity of 3.86% and a net margin of 0.92%.The firm’s quarterly revenue was up 7.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.28 earnings per share. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. As a group, analysts anticipate that Winnebago Industries will post 3.41 earnings per share for the current fiscal year.

Winnebago Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.5%. The ex-dividend date was Wednesday, September 10th. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.34. Winnebago Industries’s dividend payout ratio is currently 153.85%.

Hedge Funds Weigh In On Winnebago Industries

Several large investors have recently added to or reduced their stakes in the company. Vident Advisory LLC raised its stake in shares of Winnebago Industries by 2.9% in the 1st quarter. Vident Advisory LLC now owns 12,373 shares of the RV manufacturer’s stock valued at $426,000 after buying an additional 352 shares in the last quarter. Farther Finance Advisors LLC raised its position in Winnebago Industries by 53.3% in the second quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock worth $32,000 after purchasing an additional 385 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Winnebago Industries by 5.9% during the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,195 shares of the RV manufacturer’s stock worth $209,000 after purchasing an additional 399 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in Winnebago Industries by 2.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock valued at $568,000 after purchasing an additional 401 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Winnebago Industries by 62.8% in the 2nd quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock valued at $33,000 after purchasing an additional 433 shares during the period.

Winnebago Industries Company Profile

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.