Maple Rock Capital Partners Inc. Buys 389,400 Shares of Winnebago Industries, Inc. $WGO

Maple Rock Capital Partners Inc. increased its stake in shares of Winnebago Industries, Inc. (NYSE:WGO) by 33.3% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 1,559,231 shares of the RV manufacturer’s stock after acquiring an additional 389,400 shares during the period. Maple Rock Capital Partners Inc. owned 5.52% of Winnebago Industries worth $48,710,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in WGO. Royal Bank of Canada lifted its holdings in Winnebago Industries by 5.5% in 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 last quarter. AQR Capital Management LLC grew 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 valued at $2,243,000 after purchasing an additional 48,105 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of 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 valued at $568,000 after purchasing an additional 401 shares during the period. First Trust Advisors LP raised its position in shares of Winnebago Industries by 83.9% in the second quarter. First Trust Advisors LP now owns 34,626 shares of the RV manufacturer’s stock valued at $1,004,000 after purchasing an additional 15,801 shares during the period. Finally, Marshall Wace LLP lifted its stake in shares of Winnebago Industries by 142.3% in the second quarter. Marshall Wace LLP now owns 233,505 shares of the RV manufacturer’s stock worth $6,772,000 after buying an additional 137,120 shares during the last quarter.

Winnebago Industries Trading Down 1.7%

Shares of Winnebago Industries stock opened at $30.07 on Tuesday. Winnebago Industries, Inc. has a 1 year low of $26.80 and a 1 year high of $50.16. The company’s fifty day simple moving average is $30.97 and its 200-day simple moving average is $32.59. The company has a market cap of $850.08 million, a price-to-earnings ratio of 22.11 and a beta of 1.11. 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 (NYSE:WGO) last released its earnings results on Thursday, June 25th. The RV manufacturer reported $0.66 EPS for the quarter, missing the consensus estimate of $0.76 by ($0.10). The company had revenue of $698.70 million for 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%. Winnebago Industries’s revenue for the quarter was down 9.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.81 earnings per share. Winnebago Industries has set its FY 2026 guidance at 1.650-2.000 EPS. As a group, sell-side analysts expect that Winnebago Industries, Inc. will post 1.81 EPS for the current year.

Winnebago Industries Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 23rd. Investors of record on Wednesday, September 9th will be paid a $0.36 dividend. The ex-dividend date is Wednesday, September 9th. This is a boost from Winnebago Industries’s previous quarterly dividend of $0.35. This represents a $1.44 annualized dividend and a dividend yield of 4.8%. Winnebago Industries’s dividend payout ratio is 102.94%.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. DA Davidson reaffirmed a “neutral” rating and set a $35.00 price objective on shares of Winnebago Industries in a report on Monday, June 15th. Truist Financial dropped their target price on shares of Winnebago Industries from $43.00 to $35.00 and set a “buy” rating on the stock in a report on Wednesday, July 8th. Roth Capital cut their target price on shares of Winnebago Industries from $38.00 to $32.00 and set a “neutral” rating for the company in a research report on Tuesday, June 23rd. Northcoast Research cut shares of Winnebago Industries from a “buy” rating to a “neutral” rating in a report on Monday, June 1st. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Winnebago Industries in a research report on Friday, June 26th. Three research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $36.33.

Insiders Place Their Bets

In other news, SVP Bret A. Woodson sold 2,414 shares of Winnebago Industries stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $32.66, for a total transaction of $78,841.24. Following the sale, the senior vice president directly owned 31,274 shares in the company, valued at approximately $1,021,408.84. The trade was a 7.17% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Michael J. Happe sold 12,045 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were sold at an average price of $32.68, for a total transaction of $393,630.60. Following the completion of the sale, the chief executive officer directly owned 349,349 shares in the company, valued at approximately $11,416,725.32. The trade was a 3.33% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 15,694 shares of company stock valued at $511,658. 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.