Winnebago Industries (NYSE:WGO) Raised to “Hold” at Wall Street Zen

Winnebago Industries (NYSE:WGO) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.

WGO has been the subject of several other reports. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Winnebago Industries in a research note on Friday, August 7th. Benchmark decreased their target price on Winnebago Industries from $48.00 to $40.00 and set a “buy” rating on the stock in a research report on Tuesday, June 23rd. Truist Financial lowered their target price on Winnebago Industries from $43.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, July 8th. DA Davidson reissued a “neutral” rating and issued a $35.00 price objective on shares of Winnebago Industries in a research note on Monday, June 15th. Finally, Griffin Securities set a $35.00 target price on shares of Winnebago Industries in a report on Monday, June 15th. Three equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $36.33.

Winnebago Industries Stock Down 0.0%

Shares of NYSE WGO opened at $31.77 on Friday. The stock has a market capitalization of $898.14 million, a price-to-earnings ratio of 23.36 and a beta of 1.11. Winnebago Industries has a 52 week low of $26.80 and a 52 week high of $50.16. The firm has a 50-day moving average price of $30.70 and a 200 day moving average price of $33.33. 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 issued its earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share 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 company had revenue of $698.70 million for the quarter, compared to analyst estimates of $755.67 million. During the same quarter in the previous year, the company posted $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. Equities research analysts anticipate that Winnebago Industries will post 1.81 EPS for the current fiscal year.

Insider Transactions at Winnebago Industries

In related news, SVP Bret A. Woodson sold 1,235 shares of the business’s stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $31.73, for a total value of $39,186.55. Following the completion of the transaction, the senior vice president owned 31,373 shares of the company’s stock, valued at approximately $995,465.29. The trade was a 3.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael J. Happe sold 12,045 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $32.68, for a total transaction of $393,630.60. Following the completion of the transaction, the chief executive officer directly owned 349,349 shares of the company’s stock, valued at $11,416,725.32. The trade was a 3.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 15,694 shares of company stock valued at $511,658. 4.88% of the stock is currently owned by company insiders.

Institutional Trading of Winnebago Industries

Hedge funds have recently bought and sold shares of the company. Pzena Investment Management LLC acquired a new position in Winnebago Industries in the second quarter valued at $53,406,000. UBS Group AG lifted its position in Winnebago Industries by 224.7% during the fourth quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock worth $54,870,000 after buying an additional 937,140 shares during the period. Deprince Race & Zollo Inc. boosted its stake in Winnebago Industries by 300.6% in the 1st quarter. Deprince Race & Zollo Inc. now owns 573,448 shares of the RV manufacturer’s stock worth $17,771,000 after buying an additional 430,300 shares during the last quarter. Maple Rock Capital Partners Inc. boosted its stake in Winnebago Industries by 33.3% in the 2nd quarter. Maple Rock Capital Partners Inc. now owns 1,559,231 shares of the RV manufacturer’s stock worth $48,710,000 after buying an additional 389,400 shares during the last quarter. Finally, William Blair Investment Management LLC purchased a new stake in Winnebago Industries in the 2nd quarter valued at about $9,545,000.

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.