Thomist Capital Management LP Acquires Shares of 20,500 Winnebago Industries, Inc. $WGO

Thomist Capital Management LP bought a new stake in shares of Winnebago Industries, Inc. (NYSE:WGO) during the second quarter, HoldingsChannel reports. The firm bought 20,500 shares of the RV manufacturer’s stock, valued at approximately $598,000.

Several other institutional investors also recently modified their holdings of the business. Farther Finance Advisors LLC lifted its position in Winnebago Industries by 53.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 1,107 shares of the RV manufacturer’s stock valued at $32,000 after acquiring an additional 385 shares during the period. GAMMA Investing LLC increased its stake in shares of Winnebago Industries by 62.8% during the second quarter. GAMMA Investing LLC now owns 1,123 shares of the RV manufacturer’s stock valued at $33,000 after purchasing an additional 433 shares in the last quarter. State of Wyoming purchased a new position in shares of Winnebago Industries during the first quarter valued at approximately $47,000. Caitong International Asset Management Co. Ltd boosted its position in shares of Winnebago Industries by 255.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 3,112 shares of the RV manufacturer’s stock worth $107,000 after purchasing an additional 2,237 shares in the last quarter. Finally, Headlands Technologies LLC boosted its position in shares of Winnebago Industries by 113.2% in the 1st quarter. Headlands Technologies LLC now owns 4,325 shares of the RV manufacturer’s stock worth $149,000 after purchasing an additional 2,296 shares in the last quarter.

Insiders Place Their Bets

In other news, CEO Michael J. Happe sold 7,105 shares of the firm’s stock in a transaction on Monday, October 27th. The stock was sold at an average price of $41.38, for a total value of $294,004.90. Following the transaction, the chief executive officer directly owned 347,501 shares in the company, valued at $14,379,591.38. This trade represents a 2.00% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Sara E. Armbruster acquired 2,700 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The stock was purchased at an average cost of $40.27 per share, with a total value of $108,729.00. Following the acquisition, the director directly owned 14,426 shares of the company’s stock, valued at $580,935.02. This trade represents a 23.03% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Company insiders own 4.88% of the company’s stock.

Winnebago Industries Stock Performance

Shares of NYSE WGO opened at $38.83 on Wednesday. The firm’s 50-day moving average price is $34.67 and its 200-day moving average price is $33.48. Winnebago Industries, Inc. has a 52-week low of $28.00 and a 52-week high of $58.68. The company has a market cap of $1.10 billion, a PE ratio of 42.67 and a beta of 1.12. The company has a quick ratio of 1.21, a current ratio of 2.42 and a debt-to-equity ratio of 0.44.

Winnebago Industries (NYSE:WGO) last released its quarterly earnings data on Wednesday, October 22nd. The RV manufacturer reported $0.71 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.13. Winnebago Industries had a net margin of 0.92% and a return on equity of 3.86%. The firm had revenue of $777.30 million during the quarter, compared to analysts’ expectations of $724.89 million. During the same period in the previous year, the company earned $0.28 earnings per share. The firm’s quarterly revenue was up 7.8% on a year-over-year basis. Winnebago Industries has set its FY 2026 guidance at 2.000-2.700 EPS. As a group, analysts anticipate that Winnebago Industries, Inc. will post 3.41 EPS for the current year.

Wall Street Analysts Forecast Growth

WGO has been the subject of a number of analyst reports. Loop Capital assumed coverage on Winnebago Industries in a research report on Friday, October 31st. They set a “hold” rating and a $40.00 price objective for the company. Zacks Research upgraded Winnebago Industries from a “strong sell” rating to a “hold” rating in a report on Friday, October 24th. KeyCorp reiterated a “sector weight” rating on shares of Winnebago Industries in a research note on Thursday, October 23rd. DA Davidson increased their price objective on shares of Winnebago Industries from $32.00 to $38.00 and gave the company a “neutral” rating in a research report on Friday, October 24th. Finally, Citigroup lifted their target price on shares of Winnebago Industries from $36.00 to $41.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $39.00.

About Winnebago Industries

Winnebago Industries, Inc manufactures and sells recreation vehicles and marine products primarily for use in leisure travel and outdoor recreation activities. The company operates through three segments: Towable RV, Motorhome RV, and Marine. It provides towable products that are non-motorized vehicles to be towed by automobiles, pickup trucks, SUVs, or vans for use as temporary living quarters for recreational travel, such as conventional travel trailers, fifth wheels, folding camper trailers, and truck campers under the Winnebago and Grand Design brand names.