PEAK6 LLC Makes New Investment in Winnebago Industries, Inc. $WGO

PEAK6 LLC purchased a new position in shares of Winnebago Industries, Inc. (NYSE:WGO) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 62,757 shares of the RV manufacturer’s stock, valued at approximately $1,961,000.

A number of other hedge funds also recently made changes to their positions in WGO. Northwestern Mutual Wealth Management Co. lifted its stake in Winnebago Industries by 90.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock worth $26,000 after purchasing an additional 364 shares during the period. Clearstead Advisors LLC bought a new stake in shares of Winnebago Industries in the 4th quarter valued at approximately $35,000. Allworth Financial LP bought a new stake in shares of Winnebago Industries in the 2nd quarter valued at approximately $33,000. Hantz Financial Services Inc. raised its holdings in shares of Winnebago Industries by 36.2% in the 4th quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock worth $66,000 after buying an additional 435 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its holdings in shares of Winnebago Industries by 15.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock worth $75,000 after buying an additional 309 shares in the last quarter.

Analysts Set New Price Targets

Several analysts recently commented on WGO shares. Benchmark decreased their price target on Winnebago Industries from $48.00 to $40.00 and set a “buy” rating on the stock in a research note on Tuesday, June 23rd. Wall Street Zen upgraded Winnebago Industries from a “sell” rating to a “hold” rating in a research note on Saturday. Zacks Research cut Winnebago Industries from a “hold” rating to a “strong sell” rating in a report on Friday, June 26th. Truist Financial reduced their target price on shares of Winnebago Industries from $43.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, July 8th. Finally, Seaport Research Partners began coverage on shares of Winnebago Industries in a report on Monday, July 27th. They issued a “neutral” rating on the stock. Three equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $36.33.

Winnebago Industries Stock Down 0.0%

Shares of WGO opened at $31.77 on Monday. The company has a market capitalization of $898.14 million, a P/E ratio of 23.36 and a beta of 1.11. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.37 and a quick ratio of 0.92. Winnebago Industries, Inc. has a one year low of $26.80 and a one year high of $50.16. The business’s 50 day simple moving average is $30.70 and its 200-day simple moving average is $33.33.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.10). Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. 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 prior year, the business earned $0.81 earnings per share. The company’s revenue for the quarter was down 9.9% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, sell-side analysts predict that Winnebago Industries, Inc. will post 1.81 EPS for the current fiscal year.

Winnebago Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be issued a $0.36 dividend. This is a positive change from Winnebago Industries’s previous quarterly dividend of $0.35. This represents a $1.44 dividend on an annualized basis and a dividend yield of 4.5%. The ex-dividend date of this dividend is Wednesday, September 9th. Winnebago Industries’s dividend payout ratio (DPR) is presently 102.94%.

Insider Transactions at Winnebago Industries

In other news, CEO Michael J. Happe sold 12,045 shares of the company’s stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total transaction of $393,630.60. Following the transaction, the chief executive officer directly owned 349,349 shares in the company, valued at approximately $11,416,725.32. This represents a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret A. Woodson sold 2,414 shares of the company’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $32.66, for a total value of $78,841.24. Following the transaction, the senior vice president directly owned 31,274 shares in the company, valued at approximately $1,021,408.84. This represents a 7.17% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 15,694 shares of company stock valued at $511,658. Insiders own 4.88% of the company’s stock.

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.