Bret Woodson Sells 1,235 Shares of Winnebago Industries (NYSE:WGO) Stock

Key Points

• Winnebago SVP Bret Woodson sold 1,235 shares for approximately $39,187 under a pre-arranged Rule 10b5-1 trading plan, reducing his holdings by 3.79% to 31,373 shares.
• The company reported weaker quarterly results, with earnings of $0.66 per share and revenue of $698.7 million, both below analyst expectations; revenue declined 9.9% year over year.
• Winnebago raised its quarterly dividend to $0.36 per share, implying a 4.5% yield, while analysts maintained an overall “Hold” rating with an average price target of $36.33.

Winnebago Industries, Inc. (NYSE:WGO - Get Free Report) SVP Bret Woodson sold 1,235 shares of the business's stock in a transaction dated Wednesday, August 19th. The stock was sold at an average price of $31.73, for a total value of $39,186.55. Following 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Winnebago Industries Price Performance

Shares of WGO traded down $0.95 during trading hours on Thursday, reaching $31.91. 449,966 shares of the company's stock traded hands, compared to its average volume of 657,342. Winnebago Industries, Inc. has a 12 month low of $26.80 and a 12 month high of $50.16. 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 stock has a market cap of $902.10 million, a PE ratio of 23.46 and a beta of 1.11. The firm's 50 day simple moving average is $30.57 and its 200-day simple moving average is $33.53.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $755.67 million. During the same quarter last year, the company posted $0.81 earnings per share. The firm'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. Equities analysts expect that Winnebago Industries, Inc. will post 1.81 EPS for the current year.

Winnebago Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be given a dividend of $0.36 per share. This is an increase from Winnebago Industries's previous quarterly dividend of $0.35. The ex-dividend date is Wednesday, September 9th. This represents a $1.44 annualized dividend and a dividend yield of 4.5%. Winnebago Industries's dividend payout ratio is 102.94%.

Institutional Investors Weigh In On Winnebago Industries

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. grew its position in Winnebago Industries by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 1,990,237 shares of the RV manufacturer's stock worth $80,644,000 after acquiring an additional 15,114 shares during the last quarter. Pzena Investment Management LLC bought a new stake in Winnebago Industries in the second quarter valued at approximately $53,406,000. Dimensional Fund Advisors LP lifted its position in Winnebago Industries by 8.9% in 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 stake in shares of 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 period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Winnebago Industries by 8.9% during 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 during the period.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Roth Capital cut their target price on shares of Winnebago Industries from $38.00 to $32.00 and set a "neutral" rating for the company in a research report on Tuesday, June 23rd. BMO Capital Markets lowered their price target on Winnebago Industries from $48.00 to $38.00 and set an "outperform" rating on the stock in a research report on Friday, June 26th. Truist Financial dropped their price target 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. Wall Street Zen cut Winnebago Industries from a "hold" rating to a "sell" rating in a report on Saturday, July 18th. Finally, Benchmark reduced their price objective 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. Three investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target 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.

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