Principal Financial Group Inc. lifted its holdings in Thor Industries, Inc. (NYSE:THO) by 2.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 210,937 shares of the construction company’s stock after buying an additional 4,217 shares during the quarter. Principal Financial Group Inc. owned approximately 0.40% of Thor Industries worth $26,559,000 as of its most recent filing with the SEC.

Several other institutional investors have also bought and sold shares of THO. World Asset Management Inc increased its holdings in shares of Thor Industries by 0.8% in the 2nd quarter. World Asset Management Inc now owns 3,751 shares of the construction company’s stock worth $392,000 after acquiring an additional 29 shares during the period. FMR LLC increased its holdings in shares of Thor Industries by 0.4% in the 2nd quarter. FMR LLC now owns 8,046 shares of the construction company’s stock worth $841,000 after acquiring an additional 30 shares during the period. Bbva Compass Bancshares Inc. increased its holdings in shares of Thor Industries by 0.6% in the 2nd quarter. Bbva Compass Bancshares Inc. now owns 14,956 shares of the construction company’s stock worth $1,564,000 after acquiring an additional 82 shares during the period. Barnett & Company Inc. increased its holdings in shares of Thor Industries by 0.9% in the 2nd quarter. Barnett & Company Inc. now owns 10,740 shares of the construction company’s stock worth $1,123,000 after acquiring an additional 100 shares during the period. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in shares of Thor Industries by 7.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 1,746 shares of the construction company’s stock worth $182,000 after acquiring an additional 125 shares during the period. Institutional investors own 89.57% of the company’s stock.

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In other Thor Industries news, Chairman Peter Busch Orthwein sold 2,784 shares of the firm’s stock in a transaction dated Monday, September 18th. The shares were sold at an average price of $115.00, for a total transaction of $320,160.00. Following the transaction, the chairman now owns 1,396,352 shares of the company’s stock, valued at approximately $160,580,480. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 5.10% of the stock is currently owned by company insiders.

Thor Industries, Inc. (THO) opened at $133.87 on Monday. The company has a market cap of $7,054.19, a PE ratio of 18.88 and a beta of 1.42. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 1.51. Thor Industries, Inc. has a 52 week low of $86.27 and a 52 week high of $138.07.

Thor Industries (NYSE:THO) last released its earnings results on Wednesday, September 27th. The construction company reported $2.26 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.95 by $0.31. The firm had revenue of $1.93 billion for the quarter, compared to analysts’ expectations of $1.83 billion. Thor Industries had a net margin of 5.16% and a return on equity of 26.04%. Thor Industries’s quarterly revenue was up 49.7% on a year-over-year basis. During the same quarter last year, the company earned $1.57 EPS. equities research analysts forecast that Thor Industries, Inc. will post 8.14 earnings per share for the current year.

The business also recently announced a quarterly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 24th were paid a dividend of $0.37 per share. This is a boost from Thor Industries’s previous quarterly dividend of $0.33. The ex-dividend date was Monday, October 23rd. This represents a $1.48 annualized dividend and a yield of 1.11%. Thor Industries’s dividend payout ratio (DPR) is presently 20.87%.

A number of analysts recently weighed in on the stock. Robert W. Baird reaffirmed a “buy” rating and issued a $136.00 price objective on shares of Thor Industries in a report on Wednesday, November 1st. Canaccord Genuity reaffirmed a “buy” rating on shares of Thor Industries in a report on Friday, September 22nd. Stifel Nicolaus reaffirmed a “hold” rating on shares of Thor Industries in a report on Thursday, September 21st. BMO Capital Markets reaffirmed a “hold” rating and issued a $110.00 price objective on shares of Thor Industries in a report on Friday, September 1st. Finally, Zacks Investment Research cut shares of Thor Industries from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 8th. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $123.08.

Thor Industries 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.

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

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