Winnebago Industries (NYSE:WGO) Now Covered by Analysts at Seaport Research Partners

Seaport Research Partners started coverage on shares of Winnebago Industries (NYSE:WGO) in a report issued on Monday, MarketBeat reports. The firm issued a neutral rating on the RV manufacturer’s stock.

A number of other brokerages have also commented on WGO. Zacks Research lowered Winnebago Industries from a “hold” rating to a “strong sell” rating in a report on Friday, June 26th. Citigroup boosted their target price on Winnebago Industries from $29.00 to $30.00 and gave the stock a “neutral” rating in a report on Monday, June 29th. Truist Financial decreased their target price on Winnebago Industries from $43.00 to $35.00 and set a “buy” rating for the company in a research report on Wednesday, July 8th. Griffin Securities set a $35.00 price target on Winnebago Industries in a report on Monday, June 15th. Finally, KeyCorp reissued a “sector weight” rating on shares of Winnebago Industries in a research report on Friday, June 26th. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $36.33.

Winnebago Industries Stock Up 1.2%

WGO stock opened at $31.14 on Monday. The firm has a market cap of $880.38 million, a PE ratio of 22.90 and a beta of 1.12. Winnebago Industries has a 1 year low of $26.80 and a 1 year high of $50.16. The company has a fifty day simple moving average of $29.63 and a 200 day simple moving average of $35.26. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36.

Winnebago Industries (NYSE:WGO) last posted its earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.10). Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The business had revenue of $698.70 million for the quarter, compared to analyst estimates of $755.67 million. During the same period in the previous year, the company earned $0.81 earnings per share. The company’s quarterly revenue was down 9.9% compared to the same quarter last year. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. Sell-side analysts anticipate that Winnebago Industries will post 1.82 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were paid a $0.35 dividend. The ex-dividend date was Wednesday, June 10th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.5%. Winnebago Industries’s payout ratio is presently 102.94%.

Institutional Trading of Winnebago Industries

Hedge funds have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. grew its holdings in Winnebago Industries by 90.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock valued at $26,000 after buying an additional 364 shares during the last quarter. Clearstead Advisors LLC acquired a new position in shares of Winnebago Industries during the fourth quarter worth approximately $35,000. Hantz Financial Services Inc. boosted its position in shares of Winnebago Industries by 36.2% in the fourth quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock valued at $66,000 after acquiring an additional 435 shares during the period. Public Employees Retirement System of Ohio boosted its position in shares of Winnebago Industries by 15.9% in the third quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock valued at $75,000 after acquiring an additional 309 shares during the period. Finally, State of Wyoming grew its stake in shares of Winnebago Industries by 151.4% in the second quarter. State of Wyoming now owns 3,406 shares of the RV manufacturer’s stock worth $99,000 after acquiring an additional 2,051 shares during the last quarter.

Winnebago Industries Company Profile

Winnebago Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and specialty vehicles, headquartered in Forest City, Iowa. Since its founding in 1958, the company has gained recognition for its motorhomes, travel trailers and fifth-wheel products under the Winnebago and Grand Design brands. Its portfolio also includes towable RVs, camper vans and commercial vehicles tailored for healthcare, government and mobile retail applications.

In addition to vehicle production, Winnebago Industries maintains an extensive dealer and service network across the United States and Canada, supplemented by parts distribution centers and customer support resources.