Stifel Financial Corp grew its position in shares of Thor Industries, Inc. (NYSE:THO) by 22.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 21,074 shares of the construction company’s stock after purchasing an additional 3,834 shares during the quarter. Stifel Financial Corp’s holdings in Thor Industries were worth $2,211,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Huntington National Bank boosted its stake in shares of Thor Industries by 82.0% during the second quarter. Huntington National Bank now owns 983 shares of the construction company’s stock valued at $103,000 after purchasing an additional 443 shares in the last quarter. Penserra Capital Management LLC acquired a new stake in shares of Thor Industries during the second quarter valued at about $104,000. Sterling Investment Advisors Ltd. acquired a new stake in shares of Thor Industries during the second quarter valued at about $105,000. Fiduciary Trust Co. acquired a new stake in shares of Thor Industries during the second quarter valued at about $133,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of Thor Industries by 9.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,735 shares of the construction company’s stock valued at $181,000 after purchasing an additional 151 shares in the last quarter. 89.48% of the stock is currently owned by hedge funds and other institutional investors.

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In other Thor Industries news, Chairman Peter Busch Orthwein sold 2,784 shares of the stock in a transaction that occurred on Monday, September 18th. The stock was sold at an average price of $115.00, for a total value of $320,160.00. Following the completion of the sale, the chairman now owns 1,396,352 shares in the company, valued at approximately $160,580,480. The transaction was disclosed in a document filed with the SEC, which is available at this link. Company insiders own 6.60% of the company’s stock.

Shares of Thor Industries, Inc. (NYSE THO) opened at 129.17 on Friday. The company has a market capitalization of $6.79 billion, a P/E ratio of 20.16 and a beta of 1.37. The firm has a 50-day moving average price of $117.65 and a 200-day moving average price of $104.07. Thor Industries, Inc. has a one year low of $74.00 and a one year high of $129.88.

Thor Industries (NYSE:THO) last released its quarterly earnings data on Wednesday, September 27th. The construction company reported $2.26 earnings per share for the quarter, topping the consensus estimate of $1.95 by $0.31. Thor Industries had a return on equity of 26.04% and a net margin of 5.16%. The business had revenue of $1.93 billion during the quarter, compared to analysts’ expectations of $1.83 billion. During the same quarter last year, the business posted $1.57 EPS. The business’s revenue was up 49.7% on a year-over-year basis. Equities analysts forecast that Thor Industries, Inc. will post $8.18 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 24th will be issued a $0.37 dividend. The ex-dividend date of this dividend is Monday, October 23rd. This represents a $1.48 annualized dividend and a yield of 1.15%. This is a boost from Thor Industries’s previous quarterly dividend of $0.33. Thor Industries’s dividend payout ratio (DPR) is 18.62%.

A number of analysts have recently commented on THO shares. Zacks Investment Research raised Thor Industries from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a research note on Tuesday, September 5th. BMO Capital Markets lowered Thor Industries from an “outperform” rating to a “market perform” rating in a research note on Thursday, July 6th. Aegis started coverage on Thor Industries in a research note on Monday, September 11th. They set a “hold” rating and a $113.00 price target on the stock. Off Wall Street assumed coverage on Thor Industries in a research note on Thursday, June 29th. They set a “sell” rating and a $75.00 price target on the stock. Finally, Robert W. Baird reaffirmed a “buy” rating and issued a $120.00 price objective on shares of Thor Industries in a research note on Friday, September 8th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and ten have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $119.74.

Thor Industries Company Profile

Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.

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Institutional Ownership by Quarter for Thor Industries (NYSE:THO)

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