Cooke & Bieler reports 6.2% stake in Winnebago (NYSE: WGO)

Rhea-AI Filing Summary

Cooke & Bieler L.P. filed an amended Schedule 13G reporting beneficial ownership of 1,758,476 shares of Winnebago Industries, Inc. common stock, representing 6.2% of the class as of 12/31/2025.

The firm reports shared voting power over 1,223,602 shares and shared dispositive power over all 1,758,476 shares, with no sole voting or dispositive power. Cooke & Bieler certifies the shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Winnebago.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 7)

WINNEBAGO INDUSTRIES INC

(Name of Issuer)

Common Stock, $0.50 par value per share

(Title of Class of Securities)

974637100

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 974637100

1

Names of Reporting Persons

Cooke & Bieler L.P.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 1,223,602.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 1,758,476.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,758,476.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.2 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: WINNEBAGO INDUSTRIES INC
(b)	Address of issuer's principal executive offices: 13200 PIONEER TRAIL, EDEN PRAIRIE, MN, 55347
Item 2.
(a)	Name of person filing: Cooke & Bieler L.P.
(b)	Address or principal business office or, if none, residence: Two Commerce Square 2001 Market Street, Suite 4000 Philadelphia, PA 19103
(c)	Citizenship: Pennsylvania
(d)	Title of class of securities: Common Stock, $0.50 par value per share
(e)	CUSIP No.: 974637100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 1,758,476
(b)	Percent of class: 6.2%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 1,223,602
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 1,758,476
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Cooke & Bieler L.P.

Signature:	Linda N. Perna
Name/Title:	Chief Compliance Officer
Date:	02/17/2026

FAQ

What did Cooke & Bieler report in the Winnebago (WGO) Schedule 13G/A?

Cooke & Bieler L.P. reported beneficial ownership of 1,758,476 shares of Winnebago common stock. This stake represents 6.2% of the outstanding class, disclosed on an amended Schedule 13G as of December 31, 2025, reflecting its status as a significant institutional holder.

What percentage of Winnebago (WGO) does Cooke & Bieler own according to this filing?

Cooke & Bieler L.P. reports owning 6.2% of Winnebago’s common stock. That percentage is based on beneficial ownership of 1,758,476 shares of $0.50 par value common stock, making the firm a notable institutional investor in the company’s equity.

How much voting power does Cooke & Bieler have over Winnebago (WGO) shares?

Cooke & Bieler reports shared voting power over 1,223,602 Winnebago shares and no sole voting power. It also has shared dispositive power over 1,758,476 shares, meaning voting and disposition decisions are exercised jointly rather than exclusively by the firm.

Is Cooke & Bieler’s Winnebago (WGO) stake intended to influence control of the company?

The filing states the Winnebago shares were acquired and are held in the ordinary course of business. Cooke & Bieler certifies they were not acquired and are not held to change or influence control of Winnebago, consistent with a passive investment posture.

What type of security in Winnebago (WGO) does the Schedule 13G/A cover?

The Schedule 13G/A covers Winnebago’s common stock with a $0.50 par value per share. Cooke & Bieler’s beneficial ownership, voting power, and dispositive power disclosures all relate specifically to this class of common equity, identified by CUSIP number 974637100.

Who signed the Cooke & Bieler Schedule 13G/A for Winnebago (WGO)?

The Schedule 13G/A was signed by Linda N. Perna, Chief Compliance Officer of Cooke & Bieler L.P. Her signature certifies, after reasonable inquiry, that the information about ownership, voting power, and investment intent regarding Winnebago shares is true, complete, and correct.