Bank of New York Mellon Corp Purchases Shares of 188,240 Winnebago Industries, Inc. $WGO

Key Points

• Bank of New York Mellon purchased 188,240 Winnebago Industries shares worth approximately $5.9 million, representing about 0.67% of the RV maker at the end of the second quarter.
• Winnebago reported weaker-than-expected quarterly results, with EPS of $0.66 versus $0.76 expected and revenue down 9.9% year over year to $698.7 million. The company issued fiscal 2026 EPS guidance of $1.65–$2.00.
• The stock carries a consensus “Hold” rating with an average price target of $36.33, while Winnebago raised its quarterly dividend to $0.36, implying a 4.6% annualized yield.

Bank of New York Mellon Corp bought a new position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 188,240 shares of the RV manufacturer's stock, valued at approximately $5,881,000. Bank of New York Mellon Corp owned approximately 0.67% of Winnebago Industries at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in 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 worth $26,000 after buying an additional 364 shares during the last quarter. Clearstead Advisors LLC purchased a new position in shares of Winnebago Industries in the 4th quarter valued at $35,000. Hantz Financial Services Inc. lifted its stake in shares of Winnebago Industries by 36.2% in the fourth quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer's stock valued at $66,000 after purchasing an additional 435 shares during the period. Public Employees Retirement System of Ohio boosted its position in 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 in the last quarter. Finally, State of Wyoming grew its position in shares of Winnebago Industries by 151.4% in the second quarter. State of Wyoming now owns 3,406 shares of the RV manufacturer's stock valued at $99,000 after purchasing an additional 2,051 shares during the last quarter.

Winnebago Industries Price Performance

NYSE WGO opened at $30.99 on Friday. 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 company has a market cap of $876.09 million, a PE ratio of 22.79 and a beta of 1.12. Winnebago Industries, Inc. has a 1 year low of $26.80 and a 1 year high of $50.16. The stock's 50-day moving average price is $31.03 and its two-hundred day moving average price is $32.22.

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

Winnebago Industries Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be issued a $0.36 dividend. This is a boost 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 yield of 4.6%. Winnebago Industries's payout ratio is 102.94%.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Citigroup lifted their target price on shares of Winnebago Industries from $29.00 to $30.00 and gave the stock a "neutral" rating in a research note on Monday, June 29th. BMO Capital Markets cut their price target on Winnebago Industries from $48.00 to $38.00 and set an "outperform" rating on the stock in a research note on Friday, June 26th. Truist Financial cut their price objective on Winnebago Industries from $43.00 to $35.00 and set a "buy" rating on the stock in a research note on Wednesday, July 8th. KeyCorp reissued a "sector weight" rating on shares of Winnebago Industries in a report on Friday, June 26th. Finally, Zacks Research upgraded Winnebago Industries from a "strong sell" rating to a "hold" rating in a research note on Tuesday. Three research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $36.33.

Key Stories Impacting Winnebago Industries

Here are the key news stories impacting Winnebago Industries this week:

• Positive Sentiment: Zacks Research upgraded WGO from “Strong Sell” to “Hold,” improving the analyst-rating backdrop. The firm also raised its FY2027 EPS forecast slightly to $2.45 from $2.43.
• Positive Sentiment: Zacks made substantial increases to its FY2028 earnings outlook, lifting projected EPS to $5.32 from $3.59. Its estimates rose across 2028, including Q1 EPS to $1.15 from $0.74, Q2 to $1.24 from $0.76, Q3 to $1.42 from $1.08 and Q4 to $1.50 from $1.01. The revisions suggest expectations for a significant recovery in profitability.
• Positive Sentiment: Zacks also modestly increased its Q1 2027 EPS estimate to $0.40 from $0.39, Q2 to $0.37 from $0.35 and Q4 to $0.82 from $0.79, indicating improved expectations for parts of the 2027 operating period.
• Neutral Sentiment: WGO shares rose 3.4% on September 2, while GuruFocus highlighted a GF Score of 73. The move reflects improving investor sentiment but does not itself represent a change in the company’s fundamentals. Winnebago Industries shares surge and GF Score analysis
• Neutral Sentiment: Winnebago is giving its Grand Design RV brand a fresh look, a marketing and branding initiative that could support demand but is unlikely to materially affect near-term earnings. Winnebago gives its Grand Design RV brand a fresh look
• Negative Sentiment: Zacks lowered its Q3 2027 EPS forecast to $0.87 from $0.90, signaling some unevenness in the expected recovery. WGO also recently reported quarterly EPS and revenue below consensus, with revenue down 9.9% year over year, underscoring ongoing demand pressure.

Insider Activity at Winnebago Industries

In other Winnebago Industries news, SVP Bret Woodson sold 1,235 shares of the stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $31.73, for a total value of $39,186.55. Following the completion of the sale, the senior vice president directly owned 31,373 shares of the company's stock, valued at $995,465.29. This represents a 3.79% 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, CEO Michael Happe sold 12,045 shares of the firm's stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $32.68, for a total value of $393,630.60. Following the completion of the sale, the chief executive officer owned 349,349 shares of the company's stock, valued at $11,416,725.32. This represents a 3.33% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 15,694 shares of company stock valued at $511,658. 4.88% of the stock is owned by corporate insiders.

Winnebago Industries 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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