Winnebago Industries, Inc. $WGO Shares Sold by Swiss National Bank

Swiss National Bank lessened its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO) by 3.3% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 55,000 shares of the construction company’s stock after selling 1,900 shares during the quarter. Swiss National Bank owned 0.20% of Winnebago Industries worth $1,895,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Farther Finance Advisors LLC increased its position in Winnebago Industries by 36,000.0% during the 1st quarter. Farther Finance Advisors LLC now owns 722 shares of the construction company’s stock worth $25,000 after purchasing an additional 720 shares in the last quarter. Parallel Advisors LLC increased its position in Winnebago Industries by 629.2% during the 1st quarter. Parallel Advisors LLC now owns 824 shares of the construction company’s stock worth $28,000 after purchasing an additional 711 shares in the last quarter. Versant Capital Management Inc increased its position in Winnebago Industries by 304.9% during the 1st quarter. Versant Capital Management Inc now owns 826 shares of the construction company’s stock worth $28,000 after purchasing an additional 622 shares in the last quarter. Signaturefd LLC acquired a new stake in Winnebago Industries during the 1st quarter worth approximately $31,000. Finally, Allworth Financial LP increased its position in Winnebago Industries by 61.5% during the 1st quarter. Allworth Financial LP now owns 1,663 shares of the construction company’s stock worth $55,000 after purchasing an additional 633 shares in the last quarter.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on WGO. Robert W. Baird dropped their target price on shares of Winnebago Industries from $38.00 to $35.00 and set a “neutral” rating for the company in a research report on Thursday, June 26th. Wall Street Zen upgraded Winnebago Industries from a “sell” rating to a “hold” rating in a report on Sunday, June 29th. Truist Financial decreased their price target on Winnebago Industries from $40.00 to $36.00 and set a “buy” rating for the company in a report on Thursday, June 26th. Benchmark decreased their price target on Winnebago Industries from $60.00 to $42.00 and set a “buy” rating for the company in a report on Monday, June 30th. Finally, BMO Capital Markets decreased their price target on Winnebago Industries from $50.00 to $42.00 and set an “outperform” rating for the company in a report on Thursday, June 26th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $42.67.

Winnebago Industries Stock Performance

Winnebago Industries stock opened at $36.22 on Friday. The stock has a market cap of $1.02 billion, a P/E ratio of -61.39 and a beta of 1.06. The company has a current ratio of 2.41, a quick ratio of 0.89 and a debt-to-equity ratio of 0.44. The stock has a 50 day moving average of $31.50 and a 200-day moving average of $34.17. Winnebago Industries, Inc. has a 52 week low of $28.00 and a 52 week high of $65.65.

Winnebago Industries (NYSE:WGO) last released its earnings results on Wednesday, June 25th. The construction company reported $0.81 EPS for the quarter, beating the consensus estimate of $0.79 by $0.02. The company had revenue of $775.10 million during the quarter, compared to analysts’ expectations of $808.15 million. Winnebago Industries had a positive return on equity of 2.86% and a negative net margin of 0.62%.The business’s revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.13 EPS. Winnebago Industries has set its FY 2025 guidance at 1.200-1.700 EPS. On average, analysts expect that Winnebago Industries, Inc. will post 3.41 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 24th. Stockholders of record on Wednesday, September 10th will be paid a dividend of $0.35 per share. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.34. The ex-dividend date is Wednesday, September 10th. This represents a $1.40 annualized dividend and a dividend yield of 3.9%. Winnebago Industries’s dividend payout ratio (DPR) is currently -230.51%.

Winnebago Industries Profile

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.