Hsbc Holdings PLC Purchases 19,514 Shares of Winnebago Industries, Inc. $WGO

Hsbc Holdings PLC lifted its position in shares of Winnebago Industries, Inc. (NYSE:WGO) by 65.4% during the 4th quarter, HoldingsChannel.com reports. The firm owned 49,365 shares of the RV manufacturer’s stock after buying an additional 19,514 shares during the quarter. Hsbc Holdings PLC’s holdings in Winnebago Industries were worth $2,011,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in WGO. Corient Private Wealth LLC bought a new position in Winnebago Industries in the 4th quarter valued at approximately $272,000. Villanova Investment Management Co LLC grew its holdings in Winnebago Industries by 10.0% during the 4th quarter. Villanova Investment Management Co LLC now owns 44,788 shares of the RV manufacturer’s stock worth $1,815,000 after acquiring an additional 4,067 shares during the last quarter. Virtu Financial LLC bought a new stake in Winnebago Industries during the 4th quarter worth approximately $224,000. Dean Capital Management increased its position in Winnebago Industries by 13.5% in the 4th quarter. Dean Capital Management now owns 38,781 shares of the RV manufacturer’s stock valued at $1,571,000 after acquiring an additional 4,610 shares during the period. Finally, Invesco Ltd. increased its position in Winnebago Industries by 8.6% in the 4th quarter. Invesco Ltd. now owns 207,331 shares of the RV manufacturer’s stock valued at $8,401,000 after acquiring an additional 16,425 shares during the period.

Winnebago Industries Stock Up 1.0%

WGO traded up $0.28 during midday trading on Friday, hitting $29.36. The company had a trading volume of 601,301 shares, compared to its average volume of 956,984. The stock’s 50 day moving average price is $29.65 and its 200 day moving average price is $36.16. Winnebago Industries, Inc. has a 52 week low of $26.80 and a 52 week high of $50.16. The company has a market capitalization of $829.87 million, a price-to-earnings ratio of 21.58 and a beta of 1.12. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.10). Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The company had revenue of $698.70 million for the quarter, compared to the consensus estimate of $755.67 million. During the same period last year, the company earned $0.81 EPS. Winnebago Industries’s revenue for the quarter 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. On average, research analysts anticipate that Winnebago Industries, Inc. will post 1.82 earnings per share for the current fiscal year.

Winnebago Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 4.8%. The ex-dividend date of this dividend was Wednesday, June 10th. Winnebago Industries’s dividend payout ratio (DPR) is 102.94%.

Analysts Set New Price Targets

WGO has been the topic of a number of recent research reports. DA Davidson reiterated a “neutral” rating and set a $35.00 price target on shares of Winnebago Industries in a report on Monday, June 15th. Benchmark decreased their price objective on Winnebago Industries from $48.00 to $40.00 and set a “buy” rating for the company in a report on Tuesday, June 23rd. Wall Street Zen downgraded Winnebago Industries from a “buy” rating to a “hold” rating in a report on Sunday, May 24th. Zacks Research downgraded Winnebago Industries from a “hold” rating to a “strong sell” rating in a report on Friday, June 26th. Finally, Citigroup upped their price target on Winnebago Industries from $29.00 to $30.00 and gave the company a “neutral” rating in a research report on Monday, June 29th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $36.33.

About Winnebago Industries

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.