Versor Investments LP Acquires Shares of 21,100 Winnebago Industries, Inc. $WGO

Key Points

• Versor Investments LP acquired 21,100 shares of Winnebago Industries, Inc. for approximately $727,000, representing 0.08% of the company by the end of the reporting period.
• Analysts have mixed ratings for Winnebago Industries, with **target prices ranging** from $30.00 to $42.67, reflecting a consensus rating of **"Moderate Buy."**
• Winnebago announced an increase in its **quarterly dividend** to $0.35, leading to an annualized dividend yield of 4.1%, with the ex-dividend date set for **September 10th**.

Versor Investments LP acquired a new position in Winnebago Industries, Inc. (NYSE:WGO - Free Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 21,100 shares of the construction company's stock, valued at approximately $727,000. Versor Investments LP owned 0.08% of Winnebago Industries as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its position in Winnebago Industries by 36,000.0% in the first quarter. Farther Finance Advisors LLC now owns 722 shares of the construction company's stock worth $25,000 after acquiring an additional 720 shares during the period. Versant Capital Management Inc grew its position in Winnebago Industries by 304.9% in the first quarter. Versant Capital Management Inc now owns 826 shares of the construction company's stock worth $28,000 after acquiring an additional 622 shares during the period. Parallel Advisors LLC grew its position in Winnebago Industries by 629.2% in the first quarter. Parallel Advisors LLC now owns 824 shares of the construction company's stock worth $28,000 after acquiring an additional 711 shares during the period. Signaturefd LLC purchased a new position in Winnebago Industries in the first quarter worth approximately $31,000. Finally, Sterling Capital Management LLC grew its position in Winnebago Industries by 823.5% in the fourth quarter. Sterling Capital Management LLC now owns 905 shares of the construction company's stock worth $43,000 after acquiring an additional 807 shares during the period.

Wall Street Analyst Weigh In

WGO has been the subject of several analyst reports. Wall Street Zen upgraded Winnebago Industries from a "sell" rating to a "hold" rating in a research report on Sunday, June 29th. KeyCorp lowered their price objective on Winnebago Industries from $37.00 to $34.00 and set an "overweight" rating for the company in a research report on Thursday, June 26th. Robert W. Baird lowered their price objective on Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating for the company in a research report on Thursday, June 26th. Benchmark lowered their price target on Winnebago Industries from $60.00 to $42.00 and set a "buy" rating for the company in a research report on Monday, June 30th. Finally, Citigroup raised their price target on Winnebago Industries from $33.00 to $36.00 and gave the stock a "buy" rating in a research report on Tuesday, August 12th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $42.67.

Winnebago Industries Trading Up 7.2%

Shares of WGO traded up $2.43 during midday trading on Friday, hitting $36.22. 684,998 shares of the stock were exchanged, compared to its average volume of 585,144. Winnebago Industries, Inc. has a 52-week low of $28.00 and a 52-week high of $65.65. The stock has a fifty day simple moving average of $31.50 and a 200 day simple moving average of $34.09. The firm has a market cap of $1.02 billion, a P/E ratio of -61.39 and a beta of 1.06. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.89 and a current ratio of 2.41.

Winnebago Industries (NYSE:WGO - Get Free Report) last released its quarterly earnings results on Wednesday, June 25th. The construction company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.79 by $0.02. The business had revenue of $775.10 million during the quarter, compared to analyst estimates of $808.15 million. Winnebago Industries had a positive return on equity of 2.86% and a negative net margin of 0.62%.The company's quarterly revenue was down 1.4% on a year-over-year basis. During the same period last year, the business posted $1.13 earnings per share. Winnebago Industries has set its FY 2025 guidance at 1.200-1.700 EPS. On average, research analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current fiscal year.

Winnebago Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be issued a dividend of $0.35 per share. This is a positive change from Winnebago Industries's previous quarterly dividend of $0.34. The ex-dividend date of this dividend is Wednesday, September 10th. This represents a $1.40 dividend on an annualized basis and a yield of 3.9%. Winnebago Industries's dividend payout ratio (DPR) is presently -230.51%.

About Winnebago Industries

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.