Winnebago Industries (NYSE:WGO) Price Target Raised to $47.00

Winnebago Industries (NYSE:WGO) had its price target increased by Truist Financial from $46.00 to $47.00 in a research report released on Thursday morning,Benzinga reports. They currently have a buy rating on the RV manufacturer’s stock.

Several other research firms have also commented on WGO. BMO Capital Markets raised their price target on shares of Winnebago Industries from $45.00 to $48.00 and gave the company an “outperform” rating in a report on Monday, December 22nd. KeyCorp reissued a “sector weight” rating on shares of Winnebago Industries in a research report on Monday, December 22nd. Zacks Research raised shares of Winnebago Industries from a “strong sell” rating to a “hold” rating in a research note on Friday, October 24th. Loop Capital initiated coverage on shares of Winnebago Industries in a research report on Friday, October 31st. They set a “hold” rating and a $40.00 price target for the company. Finally, Citigroup increased their price target on Winnebago Industries from $48.00 to $51.00 and gave the company a “buy” rating in a report on Monday, December 22nd. Four analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat.com, Winnebago Industries currently has a consensus rating of “Hold” and a consensus price target of $42.50.

Winnebago Industries Trading Up 2.1%

Shares of WGO opened at $44.51 on Thursday. Winnebago Industries has a twelve month low of $28.00 and a twelve month high of $50.31. The firm has a market capitalization of $1.26 billion, a P/E ratio of 34.77 and a beta of 1.08. The company has a current ratio of 2.69, a quick ratio of 1.25 and a debt-to-equity ratio of 0.44. The stock’s fifty day simple moving average is $38.40 and its 200 day simple moving average is $34.98.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results on Friday, December 19th. The RV manufacturer reported $0.38 EPS for the quarter, topping the consensus estimate of $0.12 by $0.26. The company had revenue of $702.70 million during the quarter, compared to analyst estimates of $628.51 million. Winnebago Industries had a return on equity of 4.83% and a net margin of 1.27%.The firm’s revenue was up 12.3% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.03) earnings per share. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. On average, equities research analysts forecast that Winnebago Industries will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 28th. Shareholders of record on Wednesday, January 14th will be given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Wednesday, January 14th. Winnebago Industries’s dividend payout ratio is presently 109.38%.

Insider Transactions at Winnebago Industries

In other news, CEO Michael J. Happe sold 7,105 shares of Winnebago Industries stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $41.38, for a total transaction of $294,004.90. Following the sale, the chief executive officer directly owned 347,501 shares of the company’s stock, valued at approximately $14,379,591.38. The trade was a 2.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Sara E. Armbruster purchased 2,700 shares of Winnebago Industries stock in a transaction that occurred on Friday, October 24th. The stock was acquired at an average cost of $40.27 per share, with a total value of $108,729.00. Following the acquisition, the director directly owned 14,426 shares of the company’s stock, valued at $580,935.02. The trade was a 23.03% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 4.88% of the stock is currently owned by insiders.

Institutional Trading of Winnebago Industries

Institutional investors have recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. raised its stake in shares of Winnebago Industries by 90.5% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock valued at $26,000 after purchasing an additional 364 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in Winnebago Industries by 53.3% in the second quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock valued at $32,000 after buying an additional 385 shares during the last quarter. GAMMA Investing LLC increased its holdings in Winnebago Industries by 62.8% in the second quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock valued at $33,000 after buying an additional 433 shares during the last quarter. Hantz Financial Services Inc. lifted its holdings in Winnebago Industries by 825.4% during the 3rd quarter. Hantz Financial Services Inc. now owns 1,203 shares of the RV manufacturer’s stock worth $40,000 after buying an additional 1,073 shares during the last quarter. Finally, Public Employees Retirement System of Ohio grew its position in shares of Winnebago Industries by 15.9% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock worth $75,000 after acquiring an additional 309 shares in the last quarter.

Winnebago Industries Company Profile

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.