Legal & General Group Plc Acquires Shares of 69,361 Winnebago Industries, Inc. $WGO

Key Points

• Legal & General Group Plc acquired 69,361 Winnebago Industries shares worth approximately $2.17 million, representing about 0.25% of the RV manufacturer.
• Winnebago’s latest quarter fell short of 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 a $36.33 price target.
• The company raised its quarterly dividend to $0.36 per share, implying a 4.6% yield, although its payout ratio is high at approximately 103%; insiders also sold shares under pre-arranged trading plans.

Legal & General Group Plc acquired 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 firm acquired 69,361 shares of the RV manufacturer's stock, valued at approximately $2,167,000. Legal & General Group Plc owned approximately 0.25% of Winnebago Industries at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of WGO. Northwestern Mutual Wealth Management Co. lifted its position in shares of Winnebago Industries by 90.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer's stock worth $26,000 after purchasing an additional 364 shares during the last quarter. Allworth Financial LP bought a new stake in Winnebago Industries in the second quarter valued at about $33,000. Clearstead Advisors LLC bought a new stake in Winnebago Industries in the fourth quarter valued at about $35,000. Hantz Financial Services Inc. raised its stake in Winnebago Industries by 36.2% during the fourth quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer's stock valued at $66,000 after buying an additional 435 shares in the last quarter. Finally, Public Employees Retirement System of Ohio lifted its holdings in Winnebago Industries by 15.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer's stock worth $75,000 after buying an additional 309 shares during the last quarter.

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.

Analysts Set New Price Targets

A number of research firms have commented on WGO. Zacks Research raised shares of Winnebago Industries from a "strong sell" rating to a "hold" rating in a report on Tuesday, September 1st. Griffin Securities set a $35.00 price objective on shares of Winnebago Industries in a research report on Monday, June 15th. Benchmark dropped their price objective on shares of Winnebago Industries from $48.00 to $40.00 and set a "buy" rating on the stock in a research note on Tuesday, June 23rd. Roth Capital decreased their target price on Winnebago Industries from $38.00 to $32.00 and set a "neutral" rating for the company in a research note on Tuesday, June 23rd. Finally, BMO Capital Markets lowered their target price on Winnebago Industries from $48.00 to $38.00 and set an "outperform" rating for the company in a report on Friday, June 26th. Three investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus price target of $36.33.

Insiders Place Their Bets

In related news, SVP Bret Woodson sold 1,235 shares of Winnebago Industries stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $31.73, for a total value of $39,186.55. Following the transaction, the senior vice president directly owned 31,373 shares in the company, valued at $995,465.29. The trade was a 3.79% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through 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 company's stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total value of $393,630.60. Following the sale, the chief executive officer directly owned 349,349 shares of the company's stock, valued at approximately $11,416,725.32. This represents a 3.33% 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 have sold a total of 15,694 shares of company stock valued at $511,658 in the last quarter. Insiders own 4.88% of the company's stock.

Winnebago Industries Price Performance

NYSE:WGO opened at $30.99 on Friday. The company has a quick ratio of 0.92, a current ratio of 2.37 and a debt-to-equity ratio of 0.36. The business's 50-day moving average price is $31.03 and its 200 day moving average price is $32.22. Winnebago Industries, Inc. has a 52-week low of $26.80 and a 52-week high of $50.16. The firm has a market cap of $876.09 million, a P/E ratio of 22.79 and a beta of 1.12.

Winnebago Industries (NYSE:WGO - Get Free Report) last issued its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share for the quarter, missing analysts' consensus estimates of $0.76 by ($0.10). Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The business had revenue of $698.70 million during the quarter, compared to analyst estimates of $755.67 million. During the same period in the previous year, the company posted $0.81 earnings per share. Winnebago Industries's revenue was down 9.9% compared to the same quarter last year. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, sell-side analysts predict that Winnebago Industries, Inc. will post 1.81 earnings per share for the current fiscal year.

Winnebago Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be issued a $0.36 dividend. This is an increase from Winnebago Industries's previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a dividend yield of 4.6%. The ex-dividend date of this dividend is Wednesday, September 9th. Winnebago Industries's dividend payout ratio is currently 102.94%.

About Winnebago Industries

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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