KeyCorp Cuts Winnebago Industries (NYSE:WGO) Price Target to $47.00

Winnebago Industries (NYSE:WGO) had its target price trimmed by KeyCorp from $58.00 to $47.00 in a research report released on Thursday,Benzinga reports. The firm currently has an overweight rating on the construction company’s stock. KeyCorp also issued estimates for Winnebago Industries’ Q2 2025 earnings at $0.21 EPS, Q4 2025 earnings at $1.47 EPS, FY2025 earnings at $3.26 EPS, Q1 2026 earnings at $0.66 EPS, Q2 2026 earnings at $0.83 EPS, Q4 2026 earnings at $1.52 EPS and FY2026 earnings at $4.70 EPS.

Other research analysts have also issued research reports about the stock. DA Davidson cut their target price on shares of Winnebago Industries from $55.00 to $54.00 and set a “neutral” rating for the company in a research report on Tuesday, December 24th. Benchmark reissued a “buy” rating and set a $70.00 target price on shares of Winnebago Industries in a research report on Monday, December 23rd. Truist Financial boosted their target price on shares of Winnebago Industries from $56.00 to $58.00 and gave the stock a “buy” rating in a research report on Monday, February 10th. StockNews.com lowered shares of Winnebago Industries from a “hold” rating to a “sell” rating in a research report on Monday, March 17th. Finally, Citigroup cut their target price on shares of Winnebago Industries from $51.00 to $43.00 and set a “buy” rating for the company in a research report on Wednesday. One research analyst has rated the stock with a sell rating, two have given a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $60.00.

Winnebago Industries Trading Down 0.5 %

Shares of NYSE:WGO opened at $34.67 on Thursday. The stock has a market capitalization of $984.52 million, a PE ratio of -52.53 and a beta of 1.70. Winnebago Industries has a 1 year low of $33.62 and a 1 year high of $74.10. The firm has a fifty day moving average price of $42.69 and a 200 day moving average price of $51.35. The company has a current ratio of 2.58, a quick ratio of 1.34 and a debt-to-equity ratio of 0.51.

Winnebago Industries (NYSE:WGO) last issued its quarterly earnings data on Friday, December 20th. The construction company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.20 by ($0.23). The business had revenue of $625.60 million during the quarter, compared to the consensus estimate of $672.23 million. Winnebago Industries had a positive return on equity of 5.32% and a negative net margin of 0.63%. The company’s revenue for the quarter was down 18.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.06 earnings per share. Analysts expect that Winnebago Industries will post 3.41 EPS for the current fiscal year.

Winnebago Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be given a dividend of $0.34 per share. This represents a $1.36 dividend on an annualized basis and a dividend yield of 3.92%. The ex-dividend date of this dividend is Wednesday, April 16th. Winnebago Industries’s dividend payout ratio is currently -206.06%.

Insider Activity

In related news, Director Jacqueline D. Woods sold 1,503 shares of the stock in a transaction dated Thursday, February 13th. The shares were sold at an average price of $44.32, for a total value of $66,612.96. Following the completion of the transaction, the director now owns 10,985 shares of the company’s stock, valued at $486,855.20. This represents a 12.04 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 4.63% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in WGO. First Trust Advisors LP raised its position in Winnebago Industries by 40.6% in the fourth quarter. First Trust Advisors LP now owns 1,643,786 shares of the construction company’s stock worth $78,540,000 after purchasing an additional 474,273 shares in the last quarter. BNP Paribas Financial Markets raised its position in Winnebago Industries by 1,930.2% in the fourth quarter. BNP Paribas Financial Markets now owns 321,662 shares of the construction company’s stock worth $15,369,000 after purchasing an additional 305,818 shares in the last quarter. Barclays PLC raised its position in Winnebago Industries by 494.5% in the fourth quarter. Barclays PLC now owns 294,703 shares of the construction company’s stock worth $14,081,000 after purchasing an additional 245,131 shares in the last quarter. JPMorgan Chase & Co. grew its stake in Winnebago Industries by 25.4% during the third quarter. JPMorgan Chase & Co. now owns 855,507 shares of the construction company’s stock worth $49,714,000 after buying an additional 173,274 shares during the last quarter. Finally, Janus Henderson Group PLC grew its stake in Winnebago Industries by 1,242.6% during the third quarter. Janus Henderson Group PLC now owns 181,579 shares of the construction company’s stock worth $10,552,000 after buying an additional 168,055 shares during the last quarter.

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.