Renaissance Technologies LLC Decreases Holdings in Winnebago Industries, Inc. $WGO

Renaissance Technologies LLC lowered its position in Winnebago Industries, Inc. (NYSE:WGO) by 72.9% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 24,675 shares of the RV manufacturer’s stock after selling 66,400 shares during the period. Renaissance Technologies LLC owned approximately 0.09% of Winnebago Industries worth $765,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Arrowstreet Capital Limited Partnership raised its holdings in Winnebago Industries by 72.8% during the first quarter. Arrowstreet Capital Limited Partnership now owns 664,638 shares of the RV manufacturer’s stock worth $20,597,000 after purchasing an additional 280,017 shares during the last quarter. Sei Investments Co. grew its holdings in Winnebago Industries by 31.6% in the first quarter. Sei Investments Co. now owns 168,204 shares of the RV manufacturer’s stock valued at $5,213,000 after purchasing an additional 40,429 shares during the last quarter. State of Wyoming grew its holdings in Winnebago Industries by 740.3% in the first quarter. State of Wyoming now owns 3,714 shares of the RV manufacturer’s stock valued at $115,000 after purchasing an additional 3,272 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Winnebago Industries by 8.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,580,068 shares of the RV manufacturer’s stock valued at $48,968,000 after buying an additional 129,228 shares in the last quarter. Finally, Illinois Municipal Retirement Fund increased its position in shares of Winnebago Industries by 23.7% in the first quarter. Illinois Municipal Retirement Fund now owns 16,798 shares of the RV manufacturer’s stock valued at $521,000 after buying an additional 3,215 shares in the last quarter.

Analyst Upgrades and Downgrades

WGO has been the subject of several research reports. Zacks Research downgraded Winnebago Industries from a “hold” rating to a “strong sell” rating in a research note on Friday, June 26th. Truist Financial lowered their price objective on shares of Winnebago Industries from $43.00 to $35.00 and set a “buy” rating on the stock in a research note on Wednesday, July 8th. Weiss Ratings restated a “hold (c-)” rating on shares of Winnebago Industries in a report on Friday, August 7th. Benchmark cut their target price 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. Finally, Wall Street Zen downgraded shares of Winnebago Industries from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Three equities 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. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $36.33.

Winnebago Industries Price Performance

Shares of NYSE:WGO opened at $31.51 on Friday. The company has a market cap of $890.79 million, a P/E ratio of 23.17 and a beta of 1.11. The business has a fifty day simple moving average of $30.35 and a 200-day simple moving average of $33.93. Winnebago Industries, Inc. has a 52 week low of $26.80 and a 52 week 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.

Winnebago Industries (NYSE:WGO) last released its earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 earnings per share 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 quarter last year, the company posted $0.81 earnings per share. The business’s quarterly revenue 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. Equities research analysts forecast that Winnebago Industries, Inc. will post 1.81 EPS for the current year.

Winnebago Industries Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 9th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Wednesday, September 9th. This is an increase from Winnebago Industries’s previous quarterly dividend of $0.35. Winnebago Industries’s payout ratio is currently 102.94%.

Winnebago Industries News Summary

Here are the key news stories impacting Winnebago Industries this week:

• Positive Sentiment: Winnebago announced a strategic manufacturing alignment intended to optimize its production footprint, improve operational efficiency and support the long-term growth of its premium outdoor-recreation brands. The plan could strengthen margins and better align capacity with demand, although investors may watch for execution costs and disruption. Winnebago Industries Announces Strategic Manufacturing Alignment to Support Long-Term Growth
• Positive Sentiment: The board raised the quarterly cash dividend to $0.36 per share from $0.35, a 2.9% increase. The dividend is payable September 23 to shareholders of record September 9, reinforcing WGO’s income appeal with an annualized yield of roughly 4.4% based on the cited trading level. Winnebago Industries Board of Directors Approves Quarterly Cash Dividend Increase
• Neutral Sentiment: A Seeking Alpha analysis characterizes the investment outlook as potentially rewarding over the long term but volatile in the near term, reflecting soft RV demand, cyclical industry conditions and the need for operational improvement. Winnebago Industries: The Ride Will Be Bumpy, But Worth It
• Negative Sentiment: CEO Michael Happe sold 12,045 shares for approximately $393,631, while SVP Bret Woodson sold 2,414 shares for approximately $78,841. Both transactions were made under pre-arranged Rule 10b5-1 plans, which reduces their signal as discretionary bets, but the sales can still weigh on sentiment.

Insider Activity

In related news, CEO Michael J. Happe sold 12,045 shares of the firm’s stock in a transaction that occurred 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 sale, the chief executive officer directly owned 349,349 shares of the company’s stock, valued at approximately $11,416,725.32. This trade represents a 3.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, 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 business’s stock in a transaction that occurred on Thursday, August 13th. The shares were 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 approximately $1,021,408.84. The trade was a 7.17% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Corporate insiders own 4.88% of the company’s stock.

Winnebago Industries 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.