Winnebago Industries, Inc. $WGO Stock Holdings Lessened 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 lowered its position in shares of Winnebago Industries, Inc. (NYSE:WGO - Free Report) by 59.7% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 15,501 shares of the construction company's stock after selling 22,920 shares during the period. Dean Capital Management owned 0.06% of Winnebago Industries worth $534,000 as of its most recent filing with the SEC.

Several other institutional investors have also modified their holdings of WGO. Northern Trust Corp grew its position in shares of Winnebago Industries by 11.3% during the fourth quarter. Northern Trust Corp now owns 345,226 shares of the construction company's stock worth $16,495,000 after acquiring an additional 35,177 shares during the last quarter. Deutsche Bank AG grew its position in shares of Winnebago Industries by 50.4% during the fourth quarter. Deutsche Bank AG now owns 25,029 shares of the construction company's stock worth $1,196,000 after acquiring an additional 8,390 shares during the last quarter. Graham Capital Management L.P. bought a new position in shares of Winnebago Industries during the fourth quarter worth about $247,000. Janus Henderson Group PLC grew its position in shares of Winnebago Industries by 54.8% during the fourth quarter. Janus Henderson Group PLC now owns 281,025 shares of the construction company's stock worth $13,427,000 after acquiring an additional 99,446 shares during the last quarter. Finally, Lighthouse Investment Partners LLC bought a new position in shares of Winnebago Industries during the fourth quarter worth about $597,000.

Winnebago Industries Price Performance

Shares of NYSE:WGO traded down $0.38 during trading hours on Monday, hitting $33.50. 261,146 shares of the company's stock traded hands, compared to its average volume of 734,723. Winnebago Industries, Inc. has a 52 week low of $28.00 and a 52 week 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 company's fifty day simple moving average is $33.01 and its two-hundred day simple moving average is $33.26. The company has a market cap of $938.90 million, a price-to-earnings ratio of -56.73 and a beta of 1.15.

Winnebago Industries (NYSE:WGO - Get Free Report) last posted its quarterly earnings data on Wednesday, June 25th. The construction company reported $0.81 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $808.15 million. During the same period in the prior year, the firm earned $1.13 earnings per share. The business's quarterly revenue 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, equities analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS 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. Shareholders of record on Wednesday, September 10th will be paid a dividend of $0.35 per share. This is a boost from Winnebago Industries's previous quarterly dividend of $0.34. This represents a $1.40 dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend is Wednesday, September 10th. Winnebago Industries's payout ratio is currently -237.29%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. Citigroup upped their price target on shares of Winnebago Industries from $36.00 to $41.00 and gave the stock a "buy" rating in a research report on Friday. Robert W. Baird decreased their target price on shares of Winnebago Industries from $38.00 to $35.00 and set a "neutral" rating for the company in a research report on Thursday, June 26th. Roth Capital decreased their target price on shares of Winnebago Industries from $37.00 to $30.00 and set a "neutral" rating for the company in a research report on Thursday, June 26th. KeyCorp decreased their target price on shares of Winnebago Industries from $37.00 to $34.00 and set an "overweight" rating for the company in a research report on Thursday, June 26th. Finally, BMO Capital Markets decreased their target price on shares of Winnebago Industries from $50.00 to $42.00 and set an "outperform" rating for the company in a research report on Thursday, June 26th. Six analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $43.22.

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.