Dimensional Fund Advisors LP Buys 129,228 Shares of Winnebago Industries, Inc. $WGO

Dimensional Fund Advisors LP raised its stake in Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 8.9% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,580,068 shares of the RV manufacturer's stock after buying an additional 129,228 shares during the period. Dimensional Fund Advisors LP owned 5.59% of Winnebago Industries worth $48,968,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in WGO. Vanguard Group Inc. increased its holdings in shares of Winnebago Industries by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 1,990,237 shares of the RV manufacturer's stock worth $80,644,000 after buying an additional 15,114 shares in the last quarter. UBS Group AG lifted its stake in shares of Winnebago Industries by 224.7% in the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer's stock valued at $54,870,000 after acquiring an additional 937,140 shares during the last quarter. Pzena Investment Management LLC boosted its holdings in shares of Winnebago Industries by 6.9% during the 1st quarter. Pzena Investment Management LLC now owns 993,294 shares of the RV manufacturer's stock valued at $30,782,000 after acquiring an additional 64,332 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Winnebago Industries by 8.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 889,184 shares of the RV manufacturer's stock valued at $36,030,000 after acquiring an additional 72,478 shares in the last quarter. Finally, Maple Rock Capital Partners Inc. grew its position in Winnebago Industries by 111.2% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer's stock worth $22,746,000 after acquiring an additional 358,100 shares during the last quarter.

Analyst Ratings Changes

WGO has been the subject of several research reports. KeyCorp reiterated a "sector weight" rating on shares of Winnebago Industries in a research report on Friday, June 26th. Truist Financial reduced their price target on Winnebago Industries from $43.00 to $35.00 and set a "buy" rating on the stock in a report on Wednesday, July 8th. Benchmark lowered their price objective on Winnebago Industries from $48.00 to $40.00 and set a "buy" rating for the company in a research note on Tuesday, June 23rd. Wall Street Zen lowered shares of Winnebago Industries from a "hold" rating to a "sell" rating in a report on Saturday, July 18th. Finally, DA Davidson reiterated a "neutral" rating and set a $35.00 target price on shares of Winnebago Industries in a research report on Monday, June 15th. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Winnebago Industries currently has an average rating of "Hold" and an average target price of $36.33.

Winnebago Industries Stock Down 0.2%

Shares of WGO opened at $30.23 on Monday. The company has a market capitalization of $854.55 million, a PE ratio of 22.23 and a beta of 1.11. Winnebago Industries, Inc. has a 12 month low of $26.80 and a 12 month high of $50.16. The stock's 50-day moving average price is $29.80 and its two-hundred day moving average price is $34.90. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36.

Winnebago Industries (NYSE:WGO - Get Free Report) last released its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.76 by ($0.10). The company had revenue of $698.70 million during the quarter, compared to the consensus estimate of $755.67 million. Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The company's quarterly revenue was down 9.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.81 EPS. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, analysts anticipate that Winnebago Industries, Inc. will post 1.81 EPS for the current year.

Winnebago Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date of this dividend was Wednesday, June 10th. Winnebago Industries's dividend payout ratio is currently 102.94%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.