Jefferies Financial Group Inc. Invests $1.38 Million in Winnebago Industries, Inc. $WGO

Jefferies Financial Group Inc. bought a new stake in shares of Winnebago Industries, Inc. (NYSE:WGO) during the second quarter, Holdings Channel.com reports. The fund bought 44,300 shares of the RV manufacturer’s stock, valued at approximately $1,384,000.

A number of other large investors also recently bought and sold shares of WGO. Northwestern Mutual Wealth Management Co. grew its stake 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 acquiring an additional 364 shares during the period. Clearstead Advisors LLC acquired a new stake in shares of Winnebago Industries in the fourth quarter valued at about $35,000. Allworth Financial LP purchased a new stake in shares of Winnebago Industries during the second quarter worth about $33,000. Hantz Financial Services Inc. raised its position in shares of Winnebago Industries by 36.2% during the 4th quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock worth $66,000 after purchasing an additional 435 shares during the last quarter. Finally, Public Employees Retirement System of Ohio lifted its stake in 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 valued at $75,000 after buying an additional 309 shares in the last quarter.

Insiders Place Their Bets

In other Winnebago Industries news, 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 completion of the sale, the senior vice president directly owned 31,274 shares in the company, valued at $1,021,408.84. This represents a 7.17% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael J. Happe sold 12,045 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $32.68, for a total value of $393,630.60. Following the completion of the sale, the chief executive officer directly owned 349,349 shares of the company’s stock, valued at $11,416,725.32. This trade represents a 3.33% decrease in their ownership of the stock. 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. Insiders have sold 15,694 shares of company stock worth $511,658 in the last three months. 4.88% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

WGO has been the subject of several research reports. Northcoast Research lowered Winnebago Industries from a “buy” rating to a “neutral” rating in a research note on Monday, June 1st. Zacks Research cut Winnebago Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, June 26th. Truist Financial reduced their price objective on Winnebago Industries from $43.00 to $35.00 and set a “buy” rating for the company in a research note on Wednesday, July 8th. DA Davidson restated a “neutral” rating and issued a $35.00 price objective on shares of Winnebago Industries in a report on Monday, June 15th. Finally, Griffin Securities set a $35.00 target price on shares of Winnebago Industries in a research note on Monday, June 15th. 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 company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $36.33.

Winnebago Industries Stock Up 1.0%

WGO stock opened at $30.66 on Friday. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. The firm has a 50-day moving average of $30.94 and a two-hundred day moving average of $32.82. Winnebago Industries, Inc. has a 12 month low of $26.80 and a 12 month high of $50.16. The company has a market cap of $866.76 million, a price-to-earnings ratio of 22.54 and a beta of 1.11.

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). The company had revenue of $698.70 million for the quarter, compared to analyst estimates of $755.67 million. Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The company’s revenue for the quarter was down 9.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, analysts forecast that Winnebago Industries, Inc. will post 1.81 earnings per share for the current fiscal year.

Winnebago Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 4.7%. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Wednesday, September 9th. Winnebago Industries’s dividend payout ratio is presently 102.94%.

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.