Winnebago Industries, Inc. $WGO Shares Bought by Peregrine Capital Management LLC

Peregrine Capital Management LLC boosted its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 30.7% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 126,141 shares of the RV manufacturer’s stock after purchasing an additional 29,595 shares during the quarter. Peregrine Capital Management LLC’s holdings in Winnebago Industries were worth $3,658,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Signaturefd LLC acquired a new position in Winnebago Industries during the first quarter worth $31,000. Farther Finance Advisors LLC lifted its stake in shares of Winnebago Industries by 53.3% in the 2nd 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 during the last quarter. GAMMA Investing LLC lifted its stake in shares of Winnebago Industries by 62.8% in the 2nd quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock valued at $33,000 after purchasing an additional 433 shares during the last quarter. State of Wyoming acquired a new position in shares of Winnebago Industries in the 1st quarter valued at $47,000. Finally, Allworth Financial LP lifted its stake in shares of Winnebago Industries by 61.5% in the 1st quarter. Allworth Financial LP now owns 1,663 shares of the RV manufacturer’s stock valued at $55,000 after purchasing an additional 633 shares during the last quarter.

Winnebago Industries Price Performance

WGO opened at $40.69 on Wednesday. The stock’s 50-day moving average price is $34.38 and its 200 day moving average price is $33.02. Winnebago Industries, Inc. has a 12-month low of $28.00 and a 12-month high of $65.65. The company has a current ratio of 2.42, a quick ratio of 1.21 and a debt-to-equity ratio of 0.44. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 44.72 and a beta of 1.14.

Winnebago Industries (NYSE:WGO) last posted its earnings results on Wednesday, October 22nd. The RV manufacturer reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.58 by $0.13. Winnebago Industries had a return on equity of 3.86% and a net margin of 0.92%.The firm had revenue of $777.30 million for the quarter, compared to analyst estimates of $724.89 million. During the same quarter in the prior year, the company earned $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, sell-side analysts expect that Winnebago Industries, Inc. will post 3.41 earnings per share for the current year.

Winnebago Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a yield of 3.4%. The ex-dividend date of this dividend was Wednesday, September 10th. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.34. Winnebago Industries’s dividend payout ratio is currently 153.85%.

Insider Transactions at Winnebago Industries

In other news, Director Sara E. Armbruster bought 2,700 shares of the firm’s stock in a transaction that occurred on Friday, October 24th. The shares were purchased at an average price of $40.27 per share, with a total value of $108,729.00. Following the purchase, the director owned 14,426 shares in the company, valued at approximately $580,935.02. The trade was a 23.03% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Insiders own 4.63% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the company. DA Davidson upped their price target on Winnebago Industries from $32.00 to $38.00 and gave the company a “neutral” rating in a research note on Friday, October 24th. BMO Capital Markets upped their price target on Winnebago Industries from $40.00 to $45.00 and gave the company an “outperform” rating in a research note on Friday, October 24th. KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a research note on Thursday, October 23rd. Citigroup upped their price target on Winnebago Industries from $36.00 to $41.00 and gave the company a “buy” rating in a research note on Friday, September 12th. Finally, Zacks Research raised Winnebago Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, October 24th. Five investment analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $41.78.

Winnebago Industries 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.