Vanguard Group Inc. Sells 131,004 Shares of Winnebago Industries, Inc. $WGO

Vanguard Group Inc. reduced its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 6.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 1,975,123 shares of the RV manufacturer’s stock after selling 131,004 shares during the period. Vanguard Group Inc. owned about 0.07% of Winnebago Industries worth $66,048,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Allianz Asset Management GmbH lifted its holdings in shares of Winnebago Industries by 30.8% in the 3rd quarter. Allianz Asset Management GmbH now owns 54,597 shares of the RV manufacturer’s stock valued at $1,826,000 after acquiring an additional 12,872 shares during the last quarter. Russell Investments Group Ltd. grew its position in Winnebago Industries by 73.3% in the second quarter. Russell Investments Group Ltd. now owns 153,188 shares of the RV manufacturer’s stock worth $4,442,000 after acquiring an additional 64,789 shares in the last quarter. Prudential Financial Inc. increased its stake in Winnebago Industries by 44.6% during the second quarter. Prudential Financial Inc. now owns 237,858 shares of the RV manufacturer’s stock worth $6,898,000 after acquiring an additional 73,404 shares during the last quarter. Gendell Jeffrey L purchased a new stake in Winnebago Industries during the second quarter valued at approximately $4,220,000. Finally, Maple Rock Capital Partners Inc. raised its position in Winnebago Industries by 83.7% during the second quarter. Maple Rock Capital Partners Inc. now owns 322,099 shares of the RV manufacturer’s stock valued at $9,341,000 after purchasing an additional 146,789 shares during the period.

Wall Street Analysts Forecast Growth

WGO has been the subject of a number of recent research reports. Benchmark lifted their target price on Winnebago Industries from $42.00 to $48.00 and gave the stock a “buy” rating in a report on Tuesday, December 23rd. Wall Street Zen upgraded Winnebago Industries from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. Roth Mkm raised their price target on Winnebago Industries from $36.00 to $42.00 and gave the stock a “neutral” rating in a research report on Monday, December 22nd. KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a research note on Monday, December 22nd. Finally, Citigroup boosted their price objective on shares of Winnebago Industries from $51.00 to $54.00 and gave the company a “buy” rating in a research report on Friday, January 16th. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Winnebago Industries presently has a consensus rating of “Hold” and an average target price of $42.80.

Winnebago Industries Stock Down 4.5%

Shares of NYSE:WGO opened at $36.33 on Friday. The firm has a market capitalization of $1.03 billion, a PE ratio of 28.38 and a beta of 1.14. The business has a 50 day simple moving average of $44.64 and a two-hundred day simple moving average of $38.90. Winnebago Industries, Inc. has a 1 year low of $28.00 and a 1 year high of $50.16. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.69 and a quick ratio of 1.25.

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

Winnebago Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th were paid a $0.35 dividend. The ex-dividend date was Wednesday, January 14th. This represents a $1.40 dividend on an annualized basis and a yield of 3.9%. Winnebago Industries’s dividend payout ratio (DPR) is presently 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.