Insider Selling: Winnebago Industries (NYSE:WGO) SVP Sells 2,414 Shares

Key Points

• Insider sale: Winnebago SVP Bret Woodson sold 2,414 shares for approximately $78,841 under a pre-arranged Rule 10b5-1 plan, reducing his holdings by 7.17% to 31,274 shares.
• Weak quarterly performance: Winnebago reported adjusted EPS of $0.66 versus the $0.76 consensus estimate, while revenue fell 9.9% year over year to $698.7 million. The stock traded at $31.80, down 2.4%.
• Dividend increase amid cautious sentiment: The company raised its quarterly dividend to $0.36, or $1.44 annually, implying a 4.5% yield. Analysts maintain a consensus “Hold” rating with an average price target of $36.33.

Winnebago Industries, Inc. (NYSE:WGO - Get Free Report) SVP Bret Woodson sold 2,414 shares of the business's stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $32.66, for a total transaction of $78,841.24. Following the completion of the transaction, the senior vice president directly owned 31,274 shares of the company's stock, valued at $1,021,408.84. This trade represents a 7.17% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Winnebago Industries Trading Down 2.4%

Winnebago Industries stock traded down $0.77 during mid-day trading on Friday, hitting $31.80. 71,121 shares of the company's stock were exchanged, compared to its average volume of 659,210. The company's 50 day simple moving average is $30.27 and its 200-day simple moving average is $33.94. 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 firm has a market capitalization of $899.10 million, a P/E ratio of 23.39 and a beta of 1.11. Winnebago Industries, Inc. has a fifty-two week low of $26.80 and a fifty-two week high of $50.16.

Winnebago Industries (NYSE:WGO - Get Free Report) last announced its quarterly earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.76 by ($0.10). Winnebago Industries had a return on equity of 4.65% and a net margin of 1.36%.The business had revenue of $698.70 million during the quarter, compared to the consensus estimate of $755.67 million. During the same quarter last year, the company earned $0.81 earnings per share. The firm'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. On average, equities analysts anticipate that Winnebago Industries, Inc. will post 1.81 earnings per share for the current year.

Winnebago Industries Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 4.5%. This is a boost from Winnebago Industries's previous quarterly dividend of $0.35. The ex-dividend date is Wednesday, September 9th. Winnebago Industries's dividend payout ratio is currently 102.94%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on WGO. BMO Capital Markets dropped their price target on shares of Winnebago Industries from $48.00 to $38.00 and set an "outperform" rating for the company in a research report on Friday, June 26th. Seaport Research Partners started coverage on shares of Winnebago Industries in a research note on Monday, July 27th. They issued a "neutral" rating on the stock. DA Davidson reaffirmed a "neutral" rating and issued a $35.00 target price on shares of Winnebago Industries in a report on Monday, June 15th. Northcoast Research cut Winnebago Industries from a "buy" rating to a "neutral" rating in a report on Monday, June 1st. Finally, Citigroup raised their price objective on Winnebago Industries from $29.00 to $30.00 and gave the company a "neutral" rating in a research note on Monday, June 29th. Three analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $36.33.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in WGO. Pzena Investment Management LLC bought a new stake in shares of Winnebago Industries during the second quarter worth about $53,406,000. UBS Group AG boosted its stake in Winnebago Industries by 224.7% during the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer's stock valued at $54,870,000 after purchasing an additional 937,140 shares during the last quarter. Deprince Race & Zollo Inc. increased its holdings in Winnebago Industries by 300.6% during the 1st quarter. Deprince Race & Zollo Inc. now owns 573,448 shares of the RV manufacturer's stock worth $17,771,000 after purchasing an additional 430,300 shares in the last quarter. Maple Rock Capital Partners Inc. boosted its position in shares of Winnebago Industries by 111.2% during the third quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer's stock valued at $22,746,000 after buying an additional 358,100 shares during the last quarter. Finally, William Blair Investment Management LLC purchased a new stake in shares of Winnebago Industries in the second quarter valued at about $9,545,000.

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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