Legato Capital Management LLC Sells 14,013 Shares of Winnebago Industries, Inc. $WGO

Legato Capital Management LLC trimmed its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO) by 39.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,389 shares of the RV manufacturer’s stock after selling 14,013 shares during the quarter. Legato Capital Management LLC’s holdings in Winnebago Industries were worth $715,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in the business. Hantz Financial Services Inc. boosted its position in shares of Winnebago Industries by 825.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,203 shares of the RV manufacturer’s stock valued at $40,000 after acquiring an additional 1,073 shares during the last quarter. State of Wyoming increased its position in shares of Winnebago Industries by 151.4% in the second quarter. State of Wyoming now owns 3,406 shares of the RV manufacturer’s stock worth $99,000 after purchasing an additional 2,051 shares during the last quarter. Lazard Asset Management LLC purchased a new stake in Winnebago Industries in the second quarter valued at approximately $100,000. Tower Research Capital LLC TRC raised its stake in Winnebago Industries by 135.3% in the second quarter. Tower Research Capital LLC TRC now owns 3,694 shares of the RV manufacturer’s stock valued at $107,000 after purchasing an additional 2,124 shares in the last quarter. Finally, Jones Financial Companies Lllp lifted its position in Winnebago Industries by 261.3% during the third quarter. Jones Financial Companies Lllp now owns 3,588 shares of the RV manufacturer’s stock valued at $124,000 after purchasing an additional 2,595 shares during the last quarter.

Winnebago Industries Price Performance

Shares of NYSE:WGO opened at $38.94 on Thursday. The stock has a market cap of $1.10 billion, a PE ratio of 30.42 and a beta of 1.14. The company’s fifty day moving average is $44.84 and its 200 day moving average is $38.89. Winnebago Industries, Inc. has a 52 week low of $28.00 and a 52 week high of $50.16. The company has a quick ratio of 1.25, a current ratio of 2.69 and a debt-to-equity ratio of 0.44.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results on Friday, December 19th. The RV manufacturer reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.12 by $0.26. Winnebago Industries had a net margin of 1.27% and a return on equity of 4.83%. The business had revenue of $702.70 million during the quarter, compared to analyst estimates of $628.51 million. During the same period in the prior year, the business posted ($0.03) earnings per share. The company’s revenue was up 12.3% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. Research analysts anticipate that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 28th. Investors of record on Wednesday, January 14th were issued a dividend of $0.35 per share. The ex-dividend date was Wednesday, January 14th. This represents a $1.40 annualized dividend and a yield of 3.6%. Winnebago Industries’s dividend payout ratio is currently 109.38%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on WGO shares. DA Davidson increased their price target on shares of Winnebago Industries from $38.00 to $40.00 and gave the stock a “neutral” rating in a report on Tuesday, December 23rd. Wall Street Zen upgraded shares of Winnebago Industries from a “hold” rating to a “buy” rating in a research report on Saturday, November 22nd. Weiss Ratings reissued a “hold (c-)” rating on shares of Winnebago Industries in a research note on Monday, December 29th. Benchmark raised their price target on Winnebago Industries from $42.00 to $48.00 and gave the company a “buy” rating in a research report on Tuesday, December 23rd. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a research note on Monday, December 22nd. Four equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $42.80.

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.