Winnebago Industries (NYSE:WGO) Downgraded by Wall Street Zen to Sell

Wall Street Zen downgraded shares of Winnebago Industries (NYSE:WGO) from a hold rating to a sell rating in a research note issued to investors on Sunday.

Other equities research analysts have also issued reports about the company. Benchmark lowered their price target on Winnebago Industries from $48.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. Northcoast Research downgraded shares of Winnebago Industries from a “buy” rating to a “neutral” rating in a report on Monday, June 1st. Zacks Research lowered shares of Winnebago Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, June 26th. BMO Capital Markets reduced their target price on shares of Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating for the company in a research note on Friday, June 26th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Winnebago Industries in a report on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $36.33.

Winnebago Industries Price Performance

WGO stock opened at $30.66 on Friday. The company has a market capitalization of $866.76 million, a P/E ratio of 22.54 and a beta of 1.11. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.92 and a current ratio of 2.37. Winnebago Industries has a 52-week low of $26.80 and a 52-week high of $50.16. The business has a 50-day simple moving average of $30.94 and a two-hundred day simple moving average of $32.71.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Thursday, June 25th. The RV manufacturer reported $0.66 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 company had revenue of $698.70 million during the quarter, compared to analysts’ expectations of $755.67 million. During the same period last year, the company earned $0.81 earnings per share. The business’s revenue for the quarter 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. Research analysts expect that Winnebago Industries will post 1.81 EPS for the current fiscal year.

Winnebago Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be given a $0.36 dividend. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend is Wednesday, September 9th. Winnebago Industries’s dividend payout ratio (DPR) is 102.94%.

Insider Buying and Selling at Winnebago Industries

In related news, SVP Bret A. Woodson sold 1,235 shares of Winnebago Industries stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $31.73, for a total value of $39,186.55. Following the completion of the sale, the senior vice president owned 31,373 shares of the company’s stock, valued at approximately $995,465.29. This trade represents a 3.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael J. Happe sold 12,045 shares of Winnebago Industries stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $32.68, for a total value of $393,630.60. Following the completion of the sale, the chief executive officer directly owned 349,349 shares of the company’s stock, valued at approximately $11,416,725.32. This trade represents a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 15,694 shares of company stock worth $511,658. Corporate insiders own 4.88% of the company’s stock.

Hedge Funds Weigh In On Winnebago Industries

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. California State Teachers Retirement System raised its position in shares of Winnebago Industries by 2,413.7% in the second quarter. California State Teachers Retirement System now owns 932,670 shares of the RV manufacturer’s stock valued at $29,855,000 after purchasing an additional 895,566 shares during the period. AXQ Capital LP purchased a new stake in shares of Winnebago Industries during the 2nd quarter valued at approximately $420,000. Maple Rock Capital Partners Inc. boosted its holdings in Winnebago Industries by 33.3% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,559,231 shares of the RV manufacturer’s stock worth $48,710,000 after buying an additional 389,400 shares during the period. Susquehanna Fundamental Investments LLC bought a new position in Winnebago Industries in the 2nd quarter worth approximately $363,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in Winnebago Industries by 196.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,366 shares of the RV manufacturer’s stock valued at $74,000 after buying an additional 1,567 shares in the last quarter.

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.