State of Wyoming Buys Shares of 1,355 Winnebago Industries, Inc. $WGO

State of Wyoming bought a new stake in Winnebago Industries, Inc. (NYSE:WGO) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,355 shares of the construction company’s stock, valued at approximately $47,000.

Several other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. lifted its stake in Winnebago Industries by 11.7% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 698,647 shares of the construction company’s stock valued at $24,075,000 after acquiring an additional 73,099 shares in the last quarter. Millennium Management LLC raised its stake in shares of Winnebago Industries by 20.0% during the 4th quarter. Millennium Management LLC now owns 571,334 shares of the construction company’s stock worth $27,298,000 after purchasing an additional 95,113 shares in the last quarter. Northern Trust Corp boosted its holdings in shares of Winnebago Industries by 11.3% in the 4th quarter. Northern Trust Corp now owns 345,226 shares of the construction company’s stock valued at $16,495,000 after buying an additional 35,177 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in shares of Winnebago Industries by 54.8% in the 4th quarter. Janus Henderson Group PLC now owns 281,025 shares of the construction company’s stock valued at $13,427,000 after buying an additional 99,446 shares during the last quarter. Finally, Zweig DiMenna Associates LLC acquired a new stake in shares of Winnebago Industries in the 1st quarter valued at approximately $6,260,000.

Wall Street Analysts Forecast Growth

WGO has been the topic of several analyst reports. KeyCorp dropped their price target on shares of Winnebago Industries from $37.00 to $34.00 and set an “overweight” rating on the stock in a research report on Thursday, June 26th. Wall Street Zen raised Winnebago Industries from a “sell” rating to a “hold” rating in a report on Sunday, June 29th. Citigroup boosted their target price on Winnebago Industries from $33.00 to $36.00 and gave the stock a “buy” rating in a report on Tuesday, August 12th. Truist Financial decreased their target price on Winnebago Industries from $40.00 to $36.00 and set a “buy” rating on the stock in a report on Thursday, June 26th. Finally, Robert W. Baird decreased their target price on Winnebago Industries from $38.00 to $35.00 and set a “neutral” rating on the stock in a report on Thursday, June 26th. Six investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, Winnebago Industries currently has an average rating of “Moderate Buy” and an average price target of $42.67.

Winnebago Industries Price Performance

NYSE:WGO opened at $35.29 on Wednesday. Winnebago Industries, Inc. has a 52 week low of $28.00 and a 52 week high of $65.65. The firm has a market cap of $989.12 million, a price-to-earnings ratio of -59.81 and a beta of 1.15. The firm’s 50-day simple moving average is $32.83 and its 200 day simple moving average is $33.48. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.89 and a current ratio of 2.41.

Winnebago Industries (NYSE:WGO) last released its earnings results on Wednesday, June 25th. The construction company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.02. The company had revenue of $775.10 million for the quarter, compared to analyst estimates of $808.15 million. Winnebago Industries had a positive return on equity of 2.86% and a negative net margin of 0.62%.Winnebago Industries’s quarterly revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.13 EPS. Winnebago Industries has set its FY 2025 guidance at 1.200-1.700 EPS. As a group, sell-side analysts predict that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be issued 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 of this dividend is Wednesday, September 10th. This represents a $1.40 annualized dividend and a dividend yield of 4.0%. Winnebago Industries’s payout ratio is currently -230.51%.

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.