DekaBank Deutsche Girozentrale Sells 1,694 Shares of Winnebago Industries, Inc. $WGO

DekaBank Deutsche Girozentrale trimmed its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 53.2% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,492 shares of the RV manufacturer’s stock after selling 1,694 shares during the quarter. DekaBank Deutsche Girozentrale’s holdings in Winnebago Industries were worth $44,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in WGO. Signaturefd LLC bought a new stake in shares of Winnebago Industries in the 1st quarter worth approximately $31,000. Farther Finance Advisors LLC raised its holdings in Winnebago Industries by 53.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock valued at $32,000 after buying an additional 385 shares during the last quarter. GAMMA Investing LLC raised its holdings in Winnebago Industries by 62.8% during the 2nd quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock valued at $33,000 after buying an additional 433 shares during the last quarter. State of Wyoming bought a new stake in Winnebago Industries during the 1st quarter valued at $47,000. Finally, Allworth Financial LP raised its holdings in Winnebago Industries by 61.5% during the 1st quarter. Allworth Financial LP now owns 1,663 shares of the RV manufacturer’s stock valued at $55,000 after buying an additional 633 shares during the last quarter.

Insider Buying and Selling at Winnebago Industries

In other Winnebago Industries news, Director Sara E. Armbruster bought 2,700 shares of Winnebago Industries stock in a transaction dated Friday, October 24th. The shares were purchased at an average cost of $40.27 per share, with a total value of $108,729.00. Following the transaction, the director directly owned 14,426 shares of the company’s stock, valued at $580,935.02. This represents a 23.03% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 4.63% of the stock is owned by corporate insiders.

Analyst Ratings Changes

WGO has been the subject of a number of recent analyst reports. Citigroup upped their price target on shares of Winnebago Industries from $36.00 to $41.00 and gave the company a “buy” rating in a report on Friday, September 12th. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a report on Thursday, October 23rd. BMO Capital Markets upped their price target on shares of Winnebago Industries from $40.00 to $45.00 and gave the company an “outperform” rating in a report on Friday. DA Davidson upped their price target on shares of Winnebago Industries from $32.00 to $38.00 and gave the company a “neutral” rating in a report on Friday. Finally, Benchmark lowered their price target on shares of Winnebago Industries from $60.00 to $42.00 and set a “buy” rating for the company in a report on Monday, June 30th. Five investment analysts have rated the stock with a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $41.78.

Winnebago Industries Stock Up 2.8%

Shares of Winnebago Industries stock opened at $41.26 on Tuesday. The company’s fifty day simple moving average is $34.27 and its two-hundred day simple moving average is $32.95. The company has a market cap of $1.16 billion, a P/E ratio of 45.34 and a beta of 1.14. The company has a current ratio of 2.42, a quick ratio of 1.21 and a debt-to-equity ratio of 0.44. Winnebago Industries, Inc. has a 12-month low of $28.00 and a 12-month high of $65.65.

Winnebago Industries (NYSE:WGO) last released its earnings results on Wednesday, October 22nd. The RV manufacturer reported $0.71 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.13. The firm had revenue of $777.30 million for the quarter, compared to the consensus estimate of $724.89 million. Winnebago Industries had a net margin of 0.92% and a return on equity of 3.86%. The company’s revenue was up 7.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.28 EPS. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. Research analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Winnebago Industries Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th were given a $0.35 dividend. The ex-dividend date of this dividend was Wednesday, September 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 3.4%. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.34. Winnebago Industries’s payout ratio is currently 153.85%.

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.