Great Lakes Advisors LLC Invests $2.80 Million in Winnebago Industries, Inc. $WGO

Great Lakes Advisors LLC bought a new position in shares of Winnebago Industries, Inc. (NYSE:WGO) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 89,743 shares of the RV manufacturer’s stock, valued at approximately $2,804,000. Great Lakes Advisors LLC owned approximately 0.32% of Winnebago Industries at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the business. Pzena Investment Management LLC acquired a new stake in Winnebago Industries in the second quarter valued at $53,406,000. UBS Group AG increased its holdings in shares of Winnebago Industries by 224.7% in the 4th quarter. UBS Group AG now owns 1,354,155 shares of the RV manufacturer’s stock valued at $54,870,000 after acquiring an additional 937,140 shares during the last quarter. Deprince Race & Zollo Inc. raised its position in shares of 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 acquiring an additional 430,300 shares in the last quarter. Maple Rock Capital Partners Inc. raised its position in shares of Winnebago Industries by 111.2% during the 3rd quarter. Maple Rock Capital Partners Inc. now owns 680,199 shares of the RV manufacturer’s stock worth $22,746,000 after acquiring an additional 358,100 shares in the last quarter. Finally, Hotchkis & Wiley Capital Management LLC purchased a new stake in Winnebago Industries during the third quarter worth approximately $9,785,000.

Winnebago Industries Stock Performance

Shares of Winnebago Industries stock opened at $31.91 on Friday. The firm’s fifty day simple moving average is $30.65 and its 200-day simple moving average is $33.43. Winnebago Industries, Inc. has a 12 month low of $26.80 and a 12 month high of $50.16. The stock has a market capitalization of $902.10 million, a price-to-earnings ratio of 23.46 and a beta of 1.11. The company has a debt-to-equity ratio of 0.36, a current ratio of 2.37 and a quick ratio of 0.92.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data 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 for the quarter, compared to analysts’ expectations of $755.67 million. During the same period in the previous year, the business posted $0.81 earnings per share. The company’s revenue for the quarter was down 9.9% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, equities analysts forecast that Winnebago Industries, Inc. will post 1.81 earnings per share for the current year.

Winnebago Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Wednesday, September 9th will be paid a $0.36 dividend. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.35. The ex-dividend date is Wednesday, September 9th. This represents a $1.44 annualized dividend and a dividend yield of 4.5%. Winnebago Industries’s dividend payout ratio (DPR) is 102.94%.

Insider Buying and Selling

In related news, CEO Michael J. Happe sold 12,045 shares of Winnebago Industries stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total value of $393,630.60. Following the transaction, the chief executive officer directly owned 349,349 shares in the company, valued at $11,416,725.32. This trade represents a 3.33% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret A. Woodson sold 2,414 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $32.66, for a total transaction of $78,841.24. Following the completion of the sale, the senior vice president 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 15,694 shares of company stock worth $511,658. Corporate insiders own 4.88% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. Roth Capital dropped their price target on shares of Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 23rd. Weiss Ratings restated a “hold (c-)” rating on shares of Winnebago Industries in a report on Friday, August 7th. Wall Street Zen lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research note on Saturday, July 18th. Griffin Securities set a $35.00 price target on shares of Winnebago Industries in a research report on Monday, June 15th. Finally, BMO Capital Markets decreased their price objective on shares of Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating for the company in a research note on Friday, June 26th. Three research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Winnebago Industries currently has a consensus rating of “Hold” and an average target price of $36.33.

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.