Teton Advisors LLC acquired a new stake in Winnebago Industries, Inc. (NYSE:WGO – Free Report) during the third quarter, Holdings Channel.com reports. The fund acquired 20,000 shares of the RV manufacturer’s stock, valued at approximately $669,000.
A number of other hedge funds have also recently made changes to their positions in the business. Royce & Associates LP bought a new position in Winnebago Industries in the 3rd quarter valued at about $6,838,000. Maple Rock Capital Partners Inc. increased its holdings in Winnebago Industries by 83.7% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 322,099 shares of the RV manufacturer’s stock worth $9,341,000 after purchasing an additional 146,789 shares in the last quarter. Gendell Jeffrey L purchased a new stake in shares of Winnebago Industries in the second quarter worth approximately $4,220,000. Marshall Wace LLP raised its stake in shares of Winnebago Industries by 142.3% in the second quarter. Marshall Wace LLP now owns 233,505 shares of the RV manufacturer’s stock worth $6,772,000 after purchasing an additional 137,120 shares during the last quarter. Finally, Engineers Gate Manager LP lifted its holdings in shares of Winnebago Industries by 110.9% in the second quarter. Engineers Gate Manager LP now owns 146,647 shares of the RV manufacturer’s stock valued at $4,253,000 after purchasing an additional 77,098 shares in the last quarter.
Wall Street Analysts Forecast Growth
Several analysts have recently issued reports on the stock. Truist Financial upped their target price on shares of Winnebago Industries from $46.00 to $47.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. KeyCorp restated a “sector weight” rating on shares of Winnebago Industries in a report on Monday, December 22nd. BMO Capital Markets upped their price objective on shares of Winnebago Industries from $45.00 to $48.00 and gave the stock an “outperform” rating in a research report on Monday, December 22nd. Roth Mkm lifted their target price on shares of Winnebago Industries from $36.00 to $42.00 and gave the stock a “neutral” rating in a research report on Monday, December 22nd. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of Winnebago Industries in a research note on Monday, December 29th. Four analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $42.80.
Winnebago Industries Stock Down 4.5%
WGO opened at $36.33 on Friday. Winnebago Industries, Inc. has a twelve month low of $28.00 and a twelve month high of $50.16. The company’s 50-day moving average price is $44.64 and its two-hundred day moving average price is $38.90. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 28.38 and a beta of 1.14. 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 – Get Free Report) last issued its quarterly earnings results on Friday, December 19th. The RV manufacturer reported $0.38 earnings per share (EPS) for the quarter, topping 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 company had revenue of $702.70 million during the quarter, compared to analyst estimates of $628.51 million. During the same quarter last year, the business posted ($0.03) EPS. Winnebago Industries’s quarterly revenue was up 12.3% compared to the same quarter last year. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. As a group, equities analysts expect that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.
Winnebago Industries Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 28th. Stockholders of record on Wednesday, January 14th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Wednesday, January 14th. Winnebago Industries’s dividend payout ratio is currently 109.38%.
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.
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