American Century Companies Inc. Trims Stock Holdings in Winnebago Industries, Inc. $WGO

Key Points

• American Century Companies Inc. has reduced its ownership of Winnebago Industries by 37.1%, selling 191,252 shares and now holding approximately 1.16% of the company valued at $11.19 million.
• Several institutional investors have made significant moves, with Farther Finance Advisors LLC increasing its stake by 36,000% and other firms notably boosting their holdings in the first quarter.
• Winnebago Industries recently declared a quarterly dividend increase to $0.35 per share, reflecting a 3.9% yield, and has set its FY 2025 EPS guidance between 1.200 and 1.700.

American Century Companies Inc. trimmed its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 37.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 324,709 shares of the construction company's stock after selling 191,252 shares during the period. American Century Companies Inc. owned about 1.16% of Winnebago Industries worth $11,189,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its holdings in Winnebago Industries by 36,000.0% in the 1st quarter. Farther Finance Advisors LLC now owns 722 shares of the construction company's stock valued at $25,000 after purchasing an additional 720 shares in the last quarter. Versant Capital Management Inc raised its position in shares of Winnebago Industries by 304.9% in the first quarter. Versant Capital Management Inc now owns 826 shares of the construction company's stock valued at $28,000 after buying an additional 622 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of Winnebago Industries by 629.2% during the first quarter. Parallel Advisors LLC now owns 824 shares of the construction company's stock valued at $28,000 after buying an additional 711 shares during the period. Signaturefd LLC acquired a new stake in Winnebago Industries during the first quarter worth approximately $31,000. Finally, Allworth Financial LP grew its stake in Winnebago Industries by 61.5% in the 1st quarter. Allworth Financial LP now owns 1,663 shares of the construction company's stock worth $55,000 after acquiring an additional 633 shares during the period.

Winnebago Industries Trading Up 0.5%

Shares of NYSE WGO traded up $0.19 during midday trading on Monday, hitting $36.00. The stock had a trading volume of 305,422 shares, compared to its average volume of 521,006. The company has a quick ratio of 0.89, a current ratio of 2.41 and a debt-to-equity ratio of 0.44. Winnebago Industries, Inc. has a 1-year low of $28.00 and a 1-year high of $65.65. The company has a market capitalization of $1.01 billion, a price-to-earnings ratio of -61.01 and a beta of 1.15. The company has a fifty day moving average price of $31.97 and a 200 day moving average price of $33.79.

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

Winnebago Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 10th will be given a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.9%. 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. Winnebago Industries's dividend payout ratio is -230.51%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Citigroup raised their price objective on Winnebago Industries from $33.00 to $36.00 and gave the stock a "buy" rating in a report on Tuesday, August 12th. BMO Capital Markets decreased their price target on Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating on the stock in a research note on Thursday, June 26th. Roth Capital dropped their price objective on shares of Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating for the company in a research note on Thursday, June 26th. Robert W. Baird cut their price objective on shares of Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating on the stock in a report on Thursday, June 26th. Finally, Benchmark decreased their target price on shares of Winnebago Industries from $60.00 to $42.00 and set a "buy" rating on the stock in a research report on Monday, June 30th. Six research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $42.67.

Winnebago Industries Company Profile

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.