AXQ Capital LP Acquires 2,138 Shares of Winnebago Industries, Inc. $WGO

AXQ Capital LP raised its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 27.7% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 9,849 shares of the RV manufacturer’s stock after purchasing an additional 2,138 shares during the period. AXQ Capital LP’s holdings in Winnebago Industries were worth $286,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC lifted its holdings in shares of Winnebago Industries by 53.3% in the second quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock valued at $32,000 after purchasing an additional 385 shares in the last quarter. GAMMA Investing LLC grew its holdings in Winnebago Industries by 62.8% during the second quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock worth $33,000 after buying an additional 433 shares in the last quarter. Polar Asset Management Partners Inc. purchased a new stake in Winnebago Industries in the 1st quarter valued at $3,284,000. Allianz Asset Management GmbH bought a new position in Winnebago Industries during the 2nd quarter valued at $1,210,000. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Winnebago Industries by 11.7% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 698,647 shares of the RV manufacturer’s stock worth $24,075,000 after acquiring an additional 73,099 shares during the last quarter.

Winnebago Industries Stock Down 0.4%

Winnebago Industries stock opened at $34.62 on Tuesday. The firm has a 50 day moving average price of $34.24 and a 200-day moving average price of $33.46. The company has a quick ratio of 1.21, a current ratio of 2.42 and a debt-to-equity ratio of 0.44. Winnebago Industries, Inc. has a twelve month low of $28.00 and a twelve month high of $63.00. The company has a market capitalization of $976.64 million, a P/E ratio of 38.05 and a beta of 1.13.

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

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Wall Street Zen upgraded shares of Winnebago Industries from a “hold” rating to a “buy” rating in a research note on Saturday. BMO Capital Markets boosted their price target on shares of Winnebago Industries from $40.00 to $45.00 and gave the stock an “outperform” rating in a report on Friday, October 24th. KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a research report on Thursday, October 23rd. Truist Financial increased their price objective on shares of Winnebago Industries from $36.00 to $46.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Finally, Zacks Research upgraded Winnebago Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, October 24th. Four research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $39.00.

Insider Buying and Selling at Winnebago Industries

In related news, CEO Michael J. Happe sold 7,105 shares of Winnebago Industries stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $41.38, for a total value of $294,004.90. Following the completion of the sale, the chief executive officer owned 347,501 shares of the company’s stock, valued at approximately $14,379,591.38. This trade represents a 2.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Sara E. Armbruster acquired 2,700 shares of the stock in a transaction that occurred on Friday, October 24th. The stock was purchased at an average price of $40.27 per share, for a total transaction of $108,729.00. Following the completion of the purchase, the director directly owned 14,426 shares in the company, valued at $580,935.02. This trade represents a 23.03% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 4.88% of the company’s stock.

About Winnebago Industries

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.