AlphaQuest LLC Has $48,000 Stock Holdings in Winnebago Industries, Inc. $WGO

AlphaQuest LLC cut its position in Winnebago Industries, Inc. (NYSE:WGO) by 80.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,397 shares of the construction company’s stock after selling 5,621 shares during the period. AlphaQuest LLC’s holdings in Winnebago Industries were worth $48,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in WGO. BNP Paribas Financial Markets grew its stake in shares of Winnebago Industries by 1,930.2% in the 4th quarter. BNP Paribas Financial Markets now owns 321,662 shares of the construction company’s stock valued at $15,369,000 after buying an additional 305,818 shares during the period. Zweig DiMenna Associates LLC acquired a new position in Winnebago Industries during the 1st quarter valued at about $6,260,000. Two Sigma Investments LP acquired a new position in Winnebago Industries during the 4th quarter valued at about $6,326,000. Nuveen LLC acquired a new position in Winnebago Industries during the 1st quarter valued at about $3,899,000. Finally, Janus Henderson Group PLC boosted its stake in Winnebago Industries by 54.8% during the 4th quarter. Janus Henderson Group PLC now owns 281,025 shares of the construction company’s stock valued at $13,427,000 after purchasing an additional 99,446 shares during the last quarter.

Winnebago Industries Price Performance

Shares of NYSE WGO opened at $36.48 on Friday. Winnebago Industries, Inc. has a twelve month low of $28.00 and a twelve month high of $65.65. The stock’s 50 day moving average price is $32.44 and its 200-day moving average price is $33.68. The company has a market capitalization of $1.02 billion, a PE ratio of -61.82 and a beta of 1.15. The company has a quick ratio of 0.89, a current ratio of 2.41 and a debt-to-equity ratio of 0.44.

Winnebago Industries (NYSE:WGO) last announced its earnings results on Wednesday, June 25th. The construction company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.02. Winnebago Industries had a positive return on equity of 2.86% and a negative net margin of 0.62%.The firm had revenue of $775.10 million for the quarter, compared to the consensus estimate of $808.15 million. During the same quarter in the previous year, the business earned $1.13 EPS. The company’s revenue was down 1.4% compared to the same quarter last year. Winnebago Industries has set its FY 2025 guidance at 1.200-1.700 EPS. On average, equities analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be issued a $0.35 dividend. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.8%. Winnebago Industries’s payout ratio is presently -230.51%.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. Robert W. Baird cut their price target on Winnebago Industries from $38.00 to $35.00 and set a “neutral” rating for the company in a research note on Thursday, June 26th. KeyCorp cut their price target on Winnebago Industries from $37.00 to $34.00 and set an “overweight” rating for the company in a research note on Thursday, June 26th. Wall Street Zen upgraded Winnebago Industries from a “sell” rating to a “hold” rating in a research note on Sunday, June 29th. Benchmark cut their price target on Winnebago Industries from $60.00 to $42.00 and set a “buy” rating for the company in a research note on Monday, June 30th. Finally, BMO Capital Markets dropped their target price on shares of Winnebago Industries from $50.00 to $42.00 and set an “outperform” rating on the stock in a research report on Thursday, June 26th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Winnebago Industries presently has a consensus rating of “Moderate Buy” and an average target price of $42.67.

Winnebago Industries Company 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.