Villanova Investment Management Co LLC Has $355,000 Holdings in Winnebago Industries, Inc. $WGO

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 lowered its position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 61.0% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor 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.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Vident Advisory LLC lifted its holdings in shares of Winnebago Industries by 2.9% during the first quarter. Vident Advisory LLC now owns 12,373 shares of the construction company's stock worth $426,000 after buying an additional 352 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of 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 worth $568,000 after buying an additional 401 shares in the last quarter. Royal Bank of Canada lifted its holdings in shares of Winnebago Industries by 5.5% during the first quarter. Royal Bank of Canada now owns 9,568 shares of the construction company's stock worth $329,000 after buying an additional 498 shares in the last quarter. Versant Capital Management Inc lifted its holdings in shares of Winnebago Industries by 304.9% during the first quarter. Versant Capital Management Inc now owns 826 shares of the construction company's stock worth $28,000 after buying an additional 622 shares in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Winnebago Industries by 61.5% during the first quarter. Allworth Financial LP now owns 1,663 shares of the construction company's stock worth $55,000 after buying an additional 633 shares in the last quarter.

Analysts Set New Price Targets

A number of research firms have recently weighed in on WGO. Roth Capital dropped their target price on Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating for the company in a report on Thursday, June 26th. KeyCorp dropped their price target on Winnebago Industries from $37.00 to $34.00 and set an "overweight" rating for the company in a research note on Thursday, June 26th. Truist Financial dropped their price target on Winnebago Industries from $40.00 to $36.00 and set a "buy" rating for the company in a research note on Thursday, June 26th. Citigroup boosted their price target on Winnebago Industries from $36.00 to $41.00 and gave the company a "buy" rating in a research note on Friday. Finally, Robert W. Baird lowered their target price on Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating for the company in a research note on Thursday, June 26th. Six equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $43.22.

Winnebago Industries Trading Down 3.7%

Shares of Winnebago Industries stock traded down $1.31 on Friday, hitting $33.92. The stock had a trading volume of 506,786 shares, compared to its average volume of 449,382. The stock has a 50 day moving average of $33.01 and a 200 day moving average of $33.31. Winnebago Industries, Inc. has a twelve month low of $28.00 and a twelve month high of $65.65. The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.89 and a current ratio of 2.41. The firm has a market capitalization of $950.72 million, a P/E ratio of -57.49 and a beta of 1.15.

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

Winnebago Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be paid a $0.35 dividend. This is an increase from Winnebago Industries's previous quarterly dividend of $0.34. This represents a $1.40 annualized dividend and a dividend yield of 4.1%. The ex-dividend date of this dividend is Wednesday, September 10th. Winnebago Industries's payout ratio is currently -237.29%.

Winnebago Industries 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.