Winnebago Industries (NYSE:WGO) Price Target Raised to $54.00

Winnebago Industries (NYSE:WGO) had its price objective raised by Citigroup from $51.00 to $54.00 in a research report sent to investors on Friday,Benzinga reports. They currently have a buy rating on the RV manufacturer’s stock.

Several other brokerages have also weighed in on WGO. Benchmark upped their price objective on shares of Winnebago Industries from $42.00 to $48.00 and gave the company a “buy” rating in a report on Tuesday, December 23rd. Roth Capital increased their price target on Winnebago Industries from $36.00 to $42.00 and gave the stock a “neutral” rating in a report on Monday, December 22nd. DA Davidson raised their price objective on Winnebago Industries from $38.00 to $40.00 and gave the company a “neutral” rating in a research note on Tuesday, December 23rd. Loop Capital initiated coverage on Winnebago Industries in a report on Friday, October 31st. They set a “hold” rating and a $40.00 price objective for the company. Finally, BMO Capital Markets increased their target price on Winnebago Industries from $45.00 to $48.00 and gave the stock an “outperform” rating in a report on Monday, December 22nd. Four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $42.80.

Winnebago Industries Price Performance

Winnebago Industries stock opened at $47.79 on Friday. The stock has a market capitalization of $1.35 billion, a price-to-earnings ratio of 37.34 and a beta of 1.08. Winnebago Industries has a 52-week low of $28.00 and a 52-week high of $50.31. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.25 and a current ratio of 2.69. The stock’s 50 day moving average price is $39.37 and its two-hundred day moving average price is $35.61.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Friday, December 19th. The RV manufacturer reported $0.38 earnings per share for the quarter, beating 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 net margin of 1.27% and a return on equity of 4.83%. Winnebago Industries’s revenue for the quarter was up 12.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.03) EPS. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. On average, equities analysts predict that Winnebago Industries will post 3.41 earnings per share for the current year.

Winnebago Industries Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 28th. Investors 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 2.9%. The ex-dividend date of this dividend is Wednesday, January 14th. Winnebago Industries’s dividend payout ratio is presently 109.38%.

Insider Buying and Selling at Winnebago Industries

In other news, Director Sara E. Armbruster acquired 2,700 shares of the business’s stock in a transaction on Friday, October 24th. The shares were purchased 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Michael J. Happe sold 7,105 shares of the company’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $41.38, for a total transaction of $294,004.90. Following the completion of the sale, the chief executive officer 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 position. The SEC filing for this sale provides additional information. 4.88% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Winnebago Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in WGO. Amalgamated Bank raised its holdings in Winnebago Industries by 3.4% in the third quarter. Amalgamated Bank now owns 8,299 shares of the RV manufacturer’s stock worth $278,000 after purchasing an additional 276 shares in the last quarter. Public Employees Retirement System of Ohio boosted its holdings in shares of Winnebago Industries by 15.9% during the 3rd quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock valued at $75,000 after buying an additional 309 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position 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 worth $26,000 after buying an additional 364 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Winnebago Industries by 53.3% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock worth $32,000 after acquiring an additional 385 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake in shares of Winnebago Industries by 5.9% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,195 shares of the RV manufacturer’s stock worth $209,000 after acquiring an additional 399 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.