Hsbc Holdings PLC Grows Stake in Winnebago Industries, Inc. $WGO

Hsbc Holdings PLC raised its holdings in shares of Winnebago Industries, Inc. (NYSE:WGO) by 65.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 49,365 shares of the RV manufacturer’s stock after buying an additional 19,514 shares during the period. Hsbc Holdings PLC’s holdings in Winnebago Industries were worth $2,011,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in WGO. Public Employees Retirement System of Ohio boosted its position in shares of Winnebago Industries by 10.3% in the 4th quarter. Public Employees Retirement System of Ohio now owns 2,488 shares of the RV manufacturer’s stock worth $101,000 after purchasing an additional 233 shares in the last quarter. Verdence Capital Advisors LLC grew its stake in shares of Winnebago Industries by 4.3% during the fourth quarter. Verdence Capital Advisors LLC now owns 5,916 shares of the RV manufacturer’s stock worth $240,000 after acquiring an additional 244 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Winnebago Industries by 90.5% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 766 shares of the RV manufacturer’s stock valued at $26,000 after acquiring an additional 364 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Winnebago Industries by 2.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock valued at $568,000 after acquiring an additional 401 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its position in shares of Winnebago Industries by 2.6% in the 4th quarter. State of Alaska Department of Revenue now owns 15,900 shares of the RV manufacturer’s stock valued at $643,000 after purchasing an additional 402 shares during the last quarter.

Analysts Set New Price Targets

A number of analysts recently commented on WGO shares. Benchmark lowered 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 note on Tuesday, June 23rd. Robert W. Baird decreased 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. BMO Capital Markets lowered their price objective on shares of Winnebago Industries from $48.00 to $38.00 and set an “outperform” rating for the company in a research note on Friday. Weiss Ratings lowered shares of Winnebago Industries from a “hold (c)” rating to a “hold (c-)” rating in a report on Wednesday, May 13th. Finally, Wall Street Zen downgraded Winnebago Industries from a “buy” rating to a “hold” rating in a research report on Sunday, May 24th. Three investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $37.22.

Winnebago Industries Trading Up 1.0%

Winnebago Industries stock opened at $31.67 on Tuesday. The stock has a 50-day moving average price of $30.08 and a 200 day moving average price of $36.77. The company has a market capitalization of $895.20 million, a price-to-earnings ratio of 23.28 and a beta of 1.12. 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 issued its quarterly 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 during the quarter, compared to analyst estimates of $755.67 million. During the same quarter last year, the company posted $0.81 EPS. Winnebago Industries’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. Sell-side analysts anticipate that Winnebago Industries, Inc. will post 1.83 EPS for the current year.

Winnebago Industries Announces Dividend

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

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.