Hsbc Holdings PLC Raises Position in Winnebago Industries, Inc. $WGO

Hsbc Holdings PLC grew its stake in Winnebago Industries, Inc. (NYSE:WGO) by 65.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,365 shares of the RV manufacturer’s stock after purchasing an additional 19,514 shares during the period. Hsbc Holdings PLC owned approximately 0.17% of Winnebago Industries worth $2,011,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of WGO. Villanova Investment Management Co LLC raised its position in Winnebago Industries by 10.0% in the 4th quarter. Villanova Investment Management Co LLC now owns 44,788 shares of the RV manufacturer’s stock worth $1,815,000 after purchasing an additional 4,067 shares during the period. Virtu Financial LLC purchased a new position in shares of Winnebago Industries during the fourth quarter valued at approximately $224,000. Dean Capital Management grew its stake in shares of Winnebago Industries by 13.5% during the fourth quarter. Dean Capital Management now owns 38,781 shares of the RV manufacturer’s stock valued at $1,571,000 after buying an additional 4,610 shares during the last quarter. Invesco Ltd. grew its stake in shares of Winnebago Industries by 8.6% during the fourth quarter. Invesco Ltd. now owns 207,331 shares of the RV manufacturer’s stock valued at $8,401,000 after buying an additional 16,425 shares during the last quarter. Finally, Corient Private Wealth LLC purchased a new stake in shares of Winnebago Industries in the fourth quarter worth approximately $272,000.

Winnebago Industries Trading Up 1.0%

WGO opened at $31.67 on Tuesday. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. The firm has a market cap of $895.20 million, a price-to-earnings ratio of 23.28 and a beta of 1.12. Winnebago Industries, Inc. has a 12 month low of $26.80 and a 12 month high of $50.16. The stock has a fifty day moving average price of $30.08 and a 200-day moving average price of $36.77.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.76 by ($0.10). Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The company had revenue of $698.70 million for the quarter, compared to the consensus estimate of $755.67 million. During the same period in the previous year, the business earned $0.81 EPS. Winnebago Industries’s revenue for the quarter 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. As a group, equities research analysts anticipate that Winnebago Industries, Inc. will post 1.83 earnings per share for the current fiscal year.

Winnebago Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 24th. Stockholders of record on Wednesday, June 10th were issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.4%. The ex-dividend date was Wednesday, June 10th. Winnebago Industries’s dividend payout ratio (DPR) is currently 102.94%.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on WGO shares. Robert W. Baird dropped their price objective on Winnebago Industries from $48.00 to $42.00 and set a “neutral” rating for the company in a report on Thursday, March 26th. DA Davidson restated a “neutral” rating and issued a $35.00 price target on shares of Winnebago Industries in a report on Monday, June 15th. Benchmark lowered their price objective on shares of Winnebago Industries from $48.00 to $40.00 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. BMO Capital Markets dropped their target price on shares of Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, Truist Financial reduced their target price on shares of Winnebago Industries from $47.00 to $43.00 and set a “buy” rating on the stock in a research report on Thursday, April 9th. Three investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $37.22.

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.