Wall Street Zen cut shares of Winnebago Industries (NYSE:WGO – Free Report) from a hold rating to a sell rating in a research report report published on Saturday morning.
A number of other equities analysts have also recently issued reports on WGO. DA Davidson reiterated a “neutral” rating and set a $35.00 target price on shares of Winnebago Industries in a report on Monday, June 15th. Zacks Research lowered Winnebago Industries from a “hold” rating to a “strong sell” rating in a report on Friday, June 26th. Citigroup upped their price objective on Winnebago Industries from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Monday, June 29th. Roth Capital decreased their price objective on Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating for the company in a report on Tuesday, June 23rd. Finally, Robert W. Baird dropped their target price on Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating on the stock in a research report on Thursday, March 26th. Three investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Winnebago Industries has a consensus rating of “Hold” and a consensus price target of $36.33.
Get Our Latest Stock Analysis on Winnebago Industries
Winnebago Industries Stock Performance
Winnebago Industries (NYSE:WGO – Get Free Report) last issued its quarterly earnings data on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share (EPS) 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 the consensus estimate of $755.67 million. During the same period in the prior year, the company earned $0.81 EPS. The firm’s revenue was down 9.9% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, analysts forecast that Winnebago Industries will post 1.82 EPS for the current fiscal year.
Winnebago Industries Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were given a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, June 10th. This represents a $1.40 annualized dividend and a yield of 4.6%. Winnebago Industries’s payout ratio is 102.94%.
Hedge Funds Weigh In On Winnebago Industries
A number of large investors have recently modified their holdings of WGO. Vanguard Group Inc. increased its position in shares of Winnebago Industries by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 1,990,237 shares of the RV manufacturer’s stock valued at $80,644,000 after acquiring an additional 15,114 shares during the last quarter. Dimensional Fund Advisors LP boosted its position in Winnebago Industries by 8.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,580,068 shares of the RV manufacturer’s stock valued at $48,968,000 after purchasing an additional 129,228 shares during the last quarter. UBS Group AG boosted 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 valued at $54,870,000 after purchasing an additional 937,140 shares during the last quarter. Pzena Investment Management LLC grew its stake in Winnebago Industries by 6.9% in the first quarter. Pzena Investment Management LLC now owns 993,294 shares of the RV manufacturer’s stock valued at $30,782,000 after purchasing an additional 64,332 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Winnebago Industries by 8.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 889,184 shares of the RV manufacturer’s stock valued at $36,030,000 after purchasing an additional 72,478 shares in the last quarter.
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.
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