139,665 Shares in Winnebago Industries, Inc. $WGO Acquired by Empowered Funds LLC

Key Points

• Empowered Funds LLC acquired 139,665 Winnebago shares worth approximately $4.36 million, representing about 0.49% of the RV manufacturer.
• Winnebago’s latest quarterly results missed expectations, with EPS of $0.66 versus $0.76 expected and revenue down 9.9% year over year to $698.7 million. Analysts maintain a consensus “Hold” rating with an average price target of $36.33.
• The company raised its quarterly dividend to $0.36 per share, implying a 4.8% annualized yield, although its payout ratio is above 100%; company insiders sold 15,694 shares worth about $511,658 during the last quarter.

Empowered Funds LLC purchased a new stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 139,665 shares of the RV manufacturer's stock, valued at approximately $4,363,000. Empowered Funds LLC owned approximately 0.49% of Winnebago Industries as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. lifted its position in shares of Winnebago Industries by 90.5% during 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 last quarter. Allworth Financial LP acquired a new position in shares of Winnebago Industries in the 2nd quarter worth $33,000. Clearstead Advisors LLC acquired a new position in shares of Winnebago Industries in the 4th quarter worth $35,000. Hantz Financial Services Inc. raised its position in shares of Winnebago Industries by 36.2% during the fourth 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 period. Finally, Public Employees Retirement System of Ohio raised its position in shares of Winnebago Industries by 15.9% during the third quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer's stock worth $75,000 after purchasing an additional 309 shares during the period.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on WGO shares. KeyCorp reiterated a "sector weight" rating on shares of Winnebago Industries in a research report on Friday, June 26th. BMO Capital Markets cut their price objective on Winnebago Industries from $48.00 to $38.00 and set an "outperform" rating on the stock in a report on Friday, June 26th. Truist Financial reduced their price objective on shares of Winnebago Industries from $43.00 to $35.00 and set a "buy" rating for the company in a research note on Wednesday, July 8th. Benchmark decreased their target price on shares of Winnebago Industries from $48.00 to $40.00 and set a "buy" rating for the company in a report on Tuesday, June 23rd. Finally, DA Davidson reiterated a "neutral" rating and issued a $35.00 target price on shares of Winnebago Industries in a report on Monday, June 15th. Three 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. According to data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $36.33.

Winnebago Industries Stock Performance

Shares of Winnebago Industries stock opened at $30.07 on Tuesday. The stock has a market cap of $850.08 million, a PE ratio of 22.11 and a beta of 1.11. The business has a fifty day simple moving average of $30.97 and a 200-day simple moving average of $32.59. 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, Inc. has a 12 month low of $26.80 and a 12 month high of $50.16.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its quarterly 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 business had revenue of $698.70 million for the quarter, compared to analyst estimates of $755.67 million. Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The firm's quarterly revenue was down 9.9% on a year-over-year basis. During the same period in the previous year, the firm posted $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, sell-side analysts anticipate that Winnebago Industries, Inc. will post 1.81 EPS for the current fiscal year.

Winnebago Industries Increases Dividend

The firm also recently announced 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 is a boost from Winnebago Industries's previous quarterly dividend of $0.35. The ex-dividend date of this dividend is Wednesday, September 9th. This represents a $1.44 annualized dividend and a yield of 4.8%. 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 dated Thursday, August 13th. The stock was sold at an average price of $32.68, for a total value of $393,630.60. Following the transaction, the chief executive officer owned 349,349 shares in the company, valued at $11,416,725.32. This represents a 3.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $32.66, for a total transaction of $78,841.24. Following the completion of the sale, the senior vice president directly owned 31,274 shares of the company's stock, valued at $1,021,408.84. This trade represents a 7.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 15,694 shares of company stock worth $511,658 in the last quarter. 4.88% of the stock is owned by corporate insiders.

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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