Winnebago Industries, Inc. $WGO Shares Sold by Dean Capital Management

Key Points

• Dean Capital Management reduced its stake in Winnebago Industries by 59.7% in the first quarter, holding only 15,501 shares after selling 22,920.
• Winnebago Industries declared a quarterly dividend raise to $0.35, resulting in a 4.0% dividend yield for stockholders of record as of September 10th.
• Recent earnings showed $0.81 EPS beating estimates, but revenue fell to $775.10 million, down 1.4% year-over-year, indicating ongoing challenges for the company.

Dean Capital Management trimmed its position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 59.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,501 shares of the construction company's stock after selling 22,920 shares during the period. Dean Capital Management owned approximately 0.06% of Winnebago Industries worth $534,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC grew its holdings in Winnebago Industries by 36,000.0% during the 1st quarter. Farther Finance Advisors LLC now owns 722 shares of the construction company's stock valued at $25,000 after purchasing an additional 720 shares in the last quarter. Parallel Advisors LLC grew its holdings in Winnebago Industries by 629.2% during the 1st quarter. Parallel Advisors LLC now owns 824 shares of the construction company's stock valued at $28,000 after purchasing an additional 711 shares in the last quarter. Versant Capital Management Inc grew its holdings in Winnebago Industries by 304.9% during the 1st quarter. Versant Capital Management Inc now owns 826 shares of the construction company's stock valued at $28,000 after purchasing an additional 622 shares in the last quarter. Signaturefd LLC acquired a new stake in Winnebago Industries during the 1st quarter valued at $31,000. Finally, State of Wyoming acquired a new stake in Winnebago Industries during the 1st quarter valued at $47,000.

Winnebago Industries Trading Down 3.1%

NYSE WGO opened at $35.29 on Wednesday. Winnebago Industries, Inc. has a 12 month low of $28.00 and a 12 month high of $65.65. The company has a debt-to-equity ratio of 0.44, a current ratio of 2.41 and a quick ratio of 0.89. The company has a market capitalization of $989.12 million, a price-to-earnings ratio of -59.81 and a beta of 1.15. The company's fifty day moving average price is $32.83 and its two-hundred day moving average price is $33.48.

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

Winnebago Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 24th. Stockholders of record on Wednesday, September 10th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.0%. The ex-dividend date is Wednesday, September 10th. This is an increase from Winnebago Industries's previous quarterly dividend of $0.34. Winnebago Industries's payout ratio is -230.51%.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Benchmark lowered their price target on shares of Winnebago Industries from $60.00 to $42.00 and set a "buy" rating for the company in a report on Monday, June 30th. Roth Capital lowered their price target on shares of Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating for the company in a report on Thursday, June 26th. BMO Capital Markets reduced their price objective on shares of Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating on the stock in a research note on Thursday, June 26th. Robert W. Baird reduced their price objective on shares of Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating on the stock in a research note on Thursday, June 26th. Finally, KeyCorp reduced their price objective on shares of Winnebago Industries from $37.00 to $34.00 and set an "overweight" rating on the stock in a research note on Thursday, June 26th. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Winnebago Industries has an average rating of "Moderate Buy" and a consensus target price of $42.67.

Winnebago Industries Company 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.

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