Legato Capital Management LLC Sells 14,013 Shares of Winnebago Industries, Inc. $WGO

Legato Capital Management LLC lowered its holdings in Winnebago Industries, Inc. (NYSE:WGO) by 39.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 21,389 shares of the RV manufacturer’s stock after selling 14,013 shares during the period. Legato Capital Management LLC owned about 0.08% of Winnebago Industries worth $715,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Royal Bank of Canada raised its stake in shares of Winnebago Industries by 5.5% during the 1st quarter. Royal Bank of Canada now owns 9,568 shares of the RV manufacturer’s stock worth $329,000 after purchasing an additional 498 shares during the period. AQR Capital Management LLC increased its holdings in Winnebago Industries by 283.0% during the first quarter. AQR Capital Management LLC now owns 65,104 shares of the RV manufacturer’s stock worth $2,243,000 after buying an additional 48,105 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Winnebago Industries by 2.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 16,485 shares of the RV manufacturer’s stock worth $568,000 after acquiring an additional 401 shares during the period. Teacher Retirement System of Texas raised its position in Winnebago Industries by 93.7% in the second quarter. Teacher Retirement System of Texas now owns 14,260 shares of the RV manufacturer’s stock worth $414,000 after acquiring an additional 6,898 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its stake in Winnebago Industries by 5.9% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 7,195 shares of the RV manufacturer’s stock valued at $209,000 after acquiring an additional 399 shares during the last quarter.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on WGO shares. Griffin Securities set a $40.00 price target on shares of Winnebago Industries in a research note on Tuesday, December 23rd. Wall Street Zen raised Winnebago Industries from a “hold” rating to a “buy” rating in a report on Saturday, November 22nd. BMO Capital Markets boosted their target price on Winnebago Industries from $45.00 to $48.00 and gave the company an “outperform” rating in a research note on Monday, December 22nd. Truist Financial increased their price target on Winnebago Industries from $46.00 to $47.00 and gave the stock a “buy” rating in a research note on Thursday, January 8th. Finally, DA Davidson lifted their price objective on Winnebago Industries from $38.00 to $40.00 and gave the stock a “neutral” rating in a report on Tuesday, December 23rd. Four investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Winnebago Industries presently has a consensus rating of “Hold” and an average target price of $42.80.

Winnebago Industries Stock Down 0.1%

Shares of NYSE WGO opened at $38.94 on Thursday. The company has a quick ratio of 1.25, a current ratio of 2.69 and a debt-to-equity ratio of 0.44. The company has a market cap of $1.10 billion, a P/E ratio of 30.42 and a beta of 1.14. Winnebago Industries, Inc. has a 52 week low of $28.00 and a 52 week high of $50.16. The business has a 50-day simple moving average of $44.84 and a two-hundred day simple moving average of $38.89.

Winnebago Industries (NYSE:WGO) last announced its quarterly earnings results 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. Winnebago Industries had a return on equity of 4.83% and a net margin of 1.27%.The firm had revenue of $702.70 million for the quarter, compared to analysts’ expectations of $628.51 million. During the same period in the prior year, the business posted ($0.03) earnings per share. The company’s revenue was up 12.3% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 2.100-2.800 EPS. Research analysts anticipate that Winnebago Industries, Inc. will post 3.41 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, January 28th. Shareholders of record on Wednesday, January 14th were issued a $0.35 dividend. This represents a $1.40 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend was Wednesday, January 14th. Winnebago Industries’s dividend payout ratio (DPR) is presently 109.38%.

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.