Atria Investments Inc Buys 6,841 Shares of Thor Industries, Inc. $THO

Atria Investments Inc lifted its stake in Thor Industries, Inc. (NYSE:THO) by 6.0% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 121,785 shares of the RV manufacturer’s stock after acquiring an additional 6,841 shares during the period. Atria Investments Inc owned 0.23% of Thor Industries worth $10,816,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Retirement Systems of Alabama boosted its holdings in shares of Thor Industries by 0.4% in the 2nd quarter. Retirement Systems of Alabama now owns 65,027 shares of the RV manufacturer’s stock valued at $5,775,000 after buying an additional 252 shares in the last quarter. Hantz Financial Services Inc. boosted its holdings in shares of Thor Industries by 2,463.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock valued at $25,000 after buying an additional 271 shares in the last quarter. Arkadios Wealth Advisors bought a new stake in shares of Thor Industries in the 2nd quarter valued at about $215,000. Tevis Investment Management boosted its holdings in shares of Thor Industries by 82.8% in the 2nd quarter. Tevis Investment Management now owns 12,429 shares of the RV manufacturer’s stock valued at $1,104,000 after buying an additional 5,629 shares in the last quarter. Finally, ACR Alpine Capital Research LLC boosted its holdings in shares of Thor Industries by 22.5% in the 2nd quarter. ACR Alpine Capital Research LLC now owns 4,265,031 shares of the RV manufacturer’s stock valued at $378,777,000 after buying an additional 782,114 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Stock Down 0.2%

Shares of THO stock opened at $103.37 on Friday. The stock’s 50-day simple moving average is $106.62 and its 200-day simple moving average is $93.47. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.90 and a current ratio of 1.75. The firm has a market capitalization of $5.44 billion, a PE ratio of 24.79, a P/E/G ratio of 1.81 and a beta of 1.35. Thor Industries, Inc. has a fifty-two week low of $63.15 and a fifty-two week high of $118.85.

Thor Industries Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Thursday, October 23rd will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Thursday, October 23rd. This represents a $2.08 dividend on an annualized basis and a yield of 2.0%. This is a boost from Thor Industries’s previous quarterly dividend of $0.50. Thor Industries’s payout ratio is 49.88%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. Robert W. Baird raised their price target on shares of Thor Industries from $90.00 to $110.00 and gave the company a “neutral” rating in a report on Thursday, September 25th. Roth Capital set a $93.00 target price on Thor Industries and gave the company a “neutral” rating in a research report on Wednesday, September 17th. Zacks Research raised Thor Industries from a “strong sell” rating to a “hold” rating in a research report on Wednesday, September 3rd. Bank of America upped their target price on Thor Industries from $100.00 to $120.00 and gave the company a “buy” rating in a research report on Wednesday, September 10th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Thor Industries in a research report on Wednesday, October 8th. Two investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $104.00.

Thor Industries Profile

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.