Winnebago Industries, Inc. $WGO Shares Sold by Villanova Investment Management Co LLC

Key Points

• Villanova Investment Management Co LLC reduced its holdings in Winnebago Industries by 61%, now owning 10,290 shares valued at $355,000 after selling 16,126 shares.
• Several hedge funds, including Zweig DiMenna Associates LLC and Nuveen LLC, have recently increased their positions in Winnebago Industries, indicating renewed interest from institutional investors.
• Winnebago Industries recently raised its quarterly dividend from $0.34 to $0.35 per share, yielding 4.1%, and has set FY 2025 EPS guidance at 1.200-1.700.

Villanova Investment Management Co LLC trimmed its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 61.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 10,290 shares of the construction company's stock after selling 16,126 shares during the quarter. Villanova Investment Management Co LLC's holdings in Winnebago Industries were worth $355,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Vident Advisory LLC increased its holdings in Winnebago Industries by 2.9% during the first quarter. Vident Advisory LLC now owns 12,373 shares of the construction company's stock valued at $426,000 after buying an additional 352 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Winnebago Industries by 2.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the construction company's stock valued at $568,000 after buying an additional 401 shares during the period. Royal Bank of Canada increased its holdings in Winnebago Industries by 5.5% during the first quarter. Royal Bank of Canada now owns 9,568 shares of the construction company's stock valued at $329,000 after buying an additional 498 shares during the period. Versant Capital Management Inc increased its holdings in Winnebago Industries by 304.9% during 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 period. Finally, Allworth Financial LP increased its holdings in Winnebago Industries by 61.5% during the first quarter. Allworth Financial LP now owns 1,663 shares of the construction company's stock valued at $55,000 after buying an additional 633 shares during the period.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the company. Robert W. Baird reduced their price target on Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating on the stock in a research report on Thursday, June 26th. Roth Capital reduced their price target on Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating on the stock in a research report on Thursday, June 26th. BMO Capital Markets reduced their price target on Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating on the stock in a research report on Thursday, June 26th. Citigroup upped their price target on Winnebago Industries from $36.00 to $41.00 and gave the stock a "buy" rating in a research report on Friday. Finally, Benchmark reduced their price target on 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 equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Winnebago Industries has a consensus rating of "Moderate Buy" and a consensus price target of $43.22.

Winnebago Industries Price Performance

Shares of WGO stock traded down $0.05 during mid-day trading on Tuesday, hitting $33.45. 129,530 shares of the stock were exchanged, compared to its average volume of 733,739. Winnebago Industries, Inc. has a 52-week low of $28.00 and a 52-week high of $65.65. The company has a quick ratio of 0.89, a current ratio of 2.41 and a debt-to-equity ratio of 0.44. The firm has a fifty day moving average of $33.07 and a 200 day moving average of $33.21. The company has a market cap of $937.69 million, a PE ratio of -56.60 and a beta of 1.15.

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

Winnebago Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Investors of record on Wednesday, September 10th will be given a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.2%. The ex-dividend date of this dividend is Wednesday, September 10th. This is an increase from Winnebago Industries's previous quarterly dividend of $0.34. Winnebago Industries's dividend payout ratio is -237.29%.

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.