PEAK6 LLC bought a new position in Winnebago Industries, Inc. (NYSE:WGO – Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 62,757 shares of the RV manufacturer’s stock, valued at approximately $1,961,000. PEAK6 LLC owned 0.22% of Winnebago Industries at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in WGO. Northwestern Mutual Wealth Management Co. lifted its position in Winnebago Industries by 90.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock valued at $26,000 after buying an additional 364 shares in the last quarter. Allworth Financial LP acquired a new stake in shares of Winnebago Industries during the second quarter valued at about $33,000. Clearstead Advisors LLC purchased a new stake in Winnebago Industries during the 4th quarter worth approximately $35,000. Hantz Financial Services Inc. grew its position in shares of Winnebago Industries by 36.2% during the fourth quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock worth $66,000 after buying an additional 435 shares in the last quarter. Finally, Public Employees Retirement System of Ohio increased its stake in shares of Winnebago Industries by 15.9% in the third quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock worth $75,000 after buying an additional 309 shares during the last quarter.
Insider Activity
In related news, SVP Bret A. Woodson sold 2,414 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $32.66, for a total transaction of $78,841.24. Following the transaction, the senior vice president directly owned 31,274 shares of the company’s stock, valued at approximately $1,021,408.84. The trade was a 7.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael J. Happe sold 12,045 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $32.68, for a total transaction of $393,630.60. Following the completion of the transaction, the chief executive officer directly owned 349,349 shares in the company, valued at $11,416,725.32. This trade represents a 3.33% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 15,694 shares of company stock worth $511,658. Company insiders own 4.88% of the company’s stock.
Winnebago Industries Stock Down 0.0%
Winnebago Industries (NYSE:WGO – Get Free Report) last posted its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.10). Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The business had revenue of $698.70 million during the quarter, compared to analyst estimates of $755.67 million. During the same quarter last year, the firm posted $0.81 EPS. The company’s quarterly revenue was down 9.9% compared to the same quarter last year. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, equities analysts predict that Winnebago Industries, Inc. will post 1.81 EPS for the current fiscal year.
Winnebago Industries Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be paid a dividend of $0.36 per share. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $1.44 annualized dividend and a yield of 4.5%. Winnebago Industries’s dividend payout ratio (DPR) is presently 102.94%.
Analyst Upgrades and Downgrades
A number of research analysts have commented on WGO shares. 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. DA Davidson reiterated a “neutral” rating and issued a $35.00 price target on shares of Winnebago Industries in a report on Monday, June 15th. Northcoast Research lowered Winnebago Industries from a “buy” rating to a “neutral” rating in a research report on Monday, June 1st. Benchmark reduced their price objective 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. Finally, Truist Financial decreased their price objective on shares of Winnebago Industries from $43.00 to $35.00 and set a “buy” rating for the company in a report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Winnebago Industries currently has an average rating of “Hold” and an average price target of $36.33.
Read Our Latest Research Report on WGO
Winnebago Industries 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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