Hsbc Holdings PLC Acquires 19,514 Shares of Winnebago Industries, Inc. $WGO

Hsbc Holdings PLC grew its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO) by 65.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 49,365 shares of the RV manufacturer’s stock after purchasing an additional 19,514 shares during the period. Hsbc Holdings PLC owned about 0.17% of Winnebago Industries worth $2,011,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in WGO. Northwestern Mutual Wealth Management Co. increased its stake in Winnebago Industries by 90.5% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock worth $26,000 after acquiring an additional 364 shares during the period. Clearstead Advisors LLC acquired a new stake in shares of Winnebago Industries during the 4th quarter worth $35,000. Hantz Financial Services Inc. grew its holdings in shares of Winnebago Industries by 36.2% during the 4th quarter. Hantz Financial Services Inc. now owns 1,638 shares of the RV manufacturer’s stock worth $66,000 after purchasing an additional 435 shares in the last quarter. Public Employees Retirement System of Ohio increased its position in shares of Winnebago Industries by 15.9% in the third quarter. Public Employees Retirement System of Ohio now owns 2,255 shares of the RV manufacturer’s stock worth $75,000 after purchasing an additional 309 shares during the period. Finally, Aster Capital Management DIFC Ltd raised its stake in Winnebago Industries by 3,661.8% in the fourth quarter. Aster Capital Management DIFC Ltd now owns 2,558 shares of the RV manufacturer’s stock valued at $104,000 after purchasing an additional 2,490 shares in the last quarter.

Winnebago Industries Price Performance

NYSE WGO traded up $0.28 during trading on Friday, hitting $29.36. 601,301 shares of the company’s stock were exchanged, compared to its average volume of 956,984. The company has a market cap of $829.87 million, a PE ratio of 21.58 and a beta of 1.12. The company has a current ratio of 2.37, a quick ratio of 0.92 and a debt-to-equity ratio of 0.36. Winnebago Industries, Inc. has a fifty-two week low of $26.80 and a fifty-two week high of $50.16. The stock’s 50 day moving average price is $29.65 and its two-hundred day moving average price is $36.16.

Winnebago Industries (NYSE:WGO) last posted its quarterly earnings results 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). The company had revenue of $698.70 million during the quarter, compared to analyst estimates of $755.67 million. Winnebago Industries had a net margin of 1.36% and a return on equity of 4.65%. The company’s revenue for the quarter was down 9.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. Research analysts expect that Winnebago Industries, Inc. will post 1.82 EPS for the current year.

Winnebago Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were paid a dividend of $0.35 per share. This represents a $1.40 dividend on an annualized basis and a dividend yield of 4.8%. The ex-dividend date of this dividend was Wednesday, June 10th. Winnebago Industries’s payout ratio is presently 102.94%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Benchmark cut 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. Robert W. Baird cut their price target on shares of 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 reiterated a “neutral” rating and set a $35.00 price target on shares of Winnebago Industries in a research report on Monday, June 15th. Weiss Ratings cut shares of Winnebago Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, May 13th. Finally, Griffin Securities set a $35.00 price objective on shares of Winnebago Industries in a research report on Monday, June 15th. Three 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. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target 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.