Thor Industries (NYSE:THO) Given New $100.00 Price Target at DA Davidson

Thor Industries (NYSE:THO) had its target price lowered by analysts at DA Davidson from $102.00 to $100.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the RV manufacturer’s stock. DA Davidson’s price objective points to a potential upside of 11.10% from the company’s previous close.

Several other analysts also recently weighed in on the company. Wall Street Zen raised shares of Thor Industries from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Truist Financial lifted their price objective on shares of Thor Industries from $110.00 to $112.00 and gave the company a “hold” rating in a research note on Tuesday, December 9th. Roth Mkm upped their target price on shares of Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. Benchmark reiterated a “hold” rating on shares of Thor Industries in a research note on Wednesday. Finally, Zacks Research upgraded Thor Industries from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. Three investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $106.40.

Thor Industries Trading Down 0.4%

Shares of Thor Industries stock traded down $0.36 on Wednesday, reaching $90.01. The company had a trading volume of 407,742 shares, compared to its average volume of 588,980. The firm’s 50 day moving average price is $110.76 and its two-hundred day moving average price is $107.08. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 1.81. Thor Industries has a 52-week low of $63.15 and a 52-week high of $122.83. The firm has a market cap of $4.76 billion, a PE ratio of 28.39, a PEG ratio of 1.75 and a beta of 1.43.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.31. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.The firm had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter in the previous year, the business earned ($0.01) EPS. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Sell-side analysts predict that Thor Industries will post 4.64 earnings per share for the current fiscal year.

Insider Activity

In related news, COO W. Todd Woelfer sold 4,567 shares of Thor Industries stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $114.84, for a total transaction of $524,474.28. Following the sale, the chief operating officer directly owned 104,109 shares in the company, valued at $11,955,877.56. The trade was a 4.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 4.70% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Life Cycle Investment Partners Ltd acquired a new position in shares of Thor Industries in the 4th quarter valued at about $255,482,000. Balyasny Asset Management L.P. increased its stake in Thor Industries by 130.2% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,081,238 shares of the RV manufacturer’s stock valued at $111,011,000 after buying an additional 611,639 shares during the period. Norges Bank acquired a new position in Thor Industries in the 2nd quarter valued at approximately $51,597,000. Bbfit Investments PTE Ltd. purchased a new stake in Thor Industries in the 4th quarter worth approximately $27,076,000. Finally, Timucuan Asset Management Inc. FL boosted its stake in shares of Thor Industries by 9.2% during the 2nd quarter. Timucuan Asset Management Inc. FL now owns 2,674,398 shares of the RV manufacturer’s stock valued at $237,513,000 after buying an additional 225,997 shares during the period. Institutional investors and hedge funds own 96.71% of the company’s stock.

Trending Headlines about Thor Industries

Here are the key news stories impacting Thor Industries this week:

• Positive Sentiment: Q2 results materially beat expectations — THO reported $0.34 EPS and $2.13B revenue (sales +5.3% Y/Y), surprising the Street and showing a return to profitability. Zacks: Q2 Earnings Surpass Expectations
• Positive Sentiment: Operational gains: motorized RVs and European units drove top‑line and adjusted EBITDA improvement; net income benefited from real‑estate gains and continued cost actions. PR Newswire: Fiscal 2026 Q2 Results
• Positive Sentiment: Some analysts remain constructive: BMO trimmed its target but kept an Outperform rating (significant implied upside vs. current levels). TickerReport: BMO target update
• Neutral Sentiment: Company confirmed a multi‑year restructuring/operating model shift and named a CIO — moves intended to improve long‑term efficiency but with short‑term execution risk. SGB Online: CIO appointment
• Neutral Sentiment: Management held FY2026 guidance at $3.75–$4.25 EPS and $9.0–$9.5B revenue — guidance was maintained rather than raised, leaving upside tied to execution and demand. PR Newswire: Guidance held
• Negative Sentiment: Citigroup cut its price target and lowered its stance to Neutral, reducing analyst support and likely weighing on sentiment. Benzinga: Citi target cut
• Negative Sentiment: Management warned of a “cloudy” consumer outlook — citing new tariffs, inflation and geopolitical risks — and noted margin pressure in towable RVs and Europe, which could compress near‑term profitability. WSJ: Cloudy consumer outlook
• Negative Sentiment: Guidance is slightly below consensus and margin headwinds were highlighted (towable segment weakness), creating a mixed outlook despite the beat — a likely reason the stock is trading down. Benzinga: Margins squeeze

Thor Industries Company Profile

Thor Industries, Inc is a leading manufacturer of recreational vehicles (RVs) and related components for the leisure travel market. Through its family of well-known brands—such as Airstream, Heartland, Jayco, Keystone RV and Thor Motor Coach—the company designs, manufactures and sells a broad range of motorized and towable RVs, complemented by aftermarket parts and service solutions. Thor offers products that span travel trailers, fifth wheels, toy haulers and Class A, B and C motorhomes, addressing both entry-level and premium segments.

Founded in 1980 when Wade Thompson and Peter Orthwein acquired Airstream from Beatrice Foods, Thor Industries has grown organically and through strategic acquisitions to become one of the largest RV producers in the world.