Winnebago Industries (NYSE:WGO) Upgraded at Zacks Research

Winnebago Industries (NYSE:WGO) was upgraded by analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Tuesday, Zacks reports.

A number of other research analysts have also weighed in on WGO. Benchmark dropped their price objective on shares of Winnebago Industries from $48.00 to $40.00 and set a “buy” 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 research report on Friday, August 7th. BMO Capital Markets dropped their price target on Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating on the stock in a research report on Friday, June 26th. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a research note on Friday, June 26th. Finally, Seaport Research Partners initiated coverage on shares of Winnebago Industries in a report on Monday, July 27th. They issued a “neutral” rating on the stock. Three research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat, Winnebago Industries currently has an average rating of “Hold” and a consensus target price of $36.33.

Winnebago Industries Trading Up 3.5%

WGO opened at $30.35 on Tuesday. The company has a fifty day moving average of $31.06 and a 200-day moving average of $32.35. Winnebago Industries has a twelve month low of $26.80 and a twelve month high of $50.16. 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 stock has a market cap of $857.99 million, a PE ratio of 22.32 and a beta of 1.12.

Winnebago Industries (NYSE:WGO) last announced its earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.10). The business had revenue of $698.70 million for the quarter, compared to the consensus estimate of $755.67 million. Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The firm’s revenue for the quarter was down 9.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.81 EPS. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. On average, sell-side analysts predict that Winnebago Industries will post 1.81 EPS for the current year.

Insider Buying and Selling

In other Winnebago Industries news, CEO Michael J. Happe sold 12,045 shares of Winnebago Industries stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $32.68, for a total transaction of $393,630.60. Following the completion of the sale, the chief executive officer directly owned 349,349 shares in the company, valued at $11,416,725.32. The trade was a 3.33% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Bret A. Woodson sold 1,235 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $31.73, for a total transaction of $39,186.55. Following the completion of the transaction, the senior vice president directly owned 31,373 shares in the company, valued at $995,465.29. The trade was a 3.79% 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. Insiders sold 15,694 shares of company stock worth $511,658 over the last ninety days. 4.88% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Winnebago Industries

Several hedge funds have recently added to or reduced their stakes in the company. California State Teachers Retirement System boosted its stake in shares of Winnebago Industries by 2,413.7% in the 2nd quarter. California State Teachers Retirement System now owns 932,670 shares of the RV manufacturer’s stock valued at $29,855,000 after purchasing an additional 895,566 shares in the last quarter. AXQ Capital LP bought a new stake in Winnebago Industries in the second quarter valued at $420,000. Maple Rock Capital Partners Inc. increased its position in shares of Winnebago Industries by 33.3% during the second quarter. Maple Rock Capital Partners Inc. now owns 1,559,231 shares of the RV manufacturer’s stock valued at $48,710,000 after buying an additional 389,400 shares during the period. Susquehanna Fundamental Investments LLC bought a new position in Winnebago Industries in the second quarter worth about $363,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in Winnebago Industries by 196.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,366 shares of the RV manufacturer’s stock worth $74,000 after buying an additional 1,567 shares during the period.

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.