Natixis Advisors LLC Has $71.16 Million Stock Position in Thor Industries, Inc. $THO

Natixis Advisors LLC increased its stake in shares of Thor Industries, Inc. (NYSE:THO) by 5.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 686,278 shares of the RV manufacturer’s stock after purchasing an additional 35,294 shares during the period. Natixis Advisors LLC’s holdings in Thor Industries were worth $71,160,000 as of its most recent SEC filing.

Other hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its holdings in Thor Industries by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,002,337 shares of the RV manufacturer’s stock worth $311,317,000 after buying an additional 29,075 shares during the last quarter. Timucuan Asset Management Inc. FL increased its stake in shares of Thor Industries by 9.2% in 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 acquiring an additional 225,997 shares during the last quarter. American Century Companies Inc. raised its position in shares of Thor Industries by 16.7% in the 3rd quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock valued at $141,233,000 after acquiring an additional 195,357 shares during the period. Envestnet Asset Management Inc. raised its position in shares of Thor Industries by 0.6% in the 3rd quarter. Envestnet Asset Management Inc. now owns 847,837 shares of the RV manufacturer’s stock valued at $87,912,000 after acquiring an additional 4,786 shares during the period. Finally, Norges Bank bought a new position in Thor Industries during the 2nd quarter worth approximately $51,597,000. Institutional investors and hedge funds own 96.71% of the company’s stock.

Insider Buying and Selling

In related news, COO W. Todd Woelfer sold 4,567 shares of the firm’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total value of $524,474.28. Following the completion of the transaction, the chief operating officer owned 104,109 shares of the company’s stock, valued at approximately $11,955,877.56. This trade represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 4.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on THO shares. Citigroup lowered their target price on shares of Thor Industries from $116.00 to $100.00 and set a “neutral” rating for the company in a research note on Wednesday, March 4th. Truist Financial lifted their target price on Thor Industries from $110.00 to $112.00 and gave the stock a “hold” rating in a report on Tuesday, December 9th. BMO Capital Markets decreased their target price on Thor Industries from $135.00 to $125.00 and set an “outperform” rating for the company in a research note on Wednesday, March 4th. DA Davidson lowered their price target on Thor Industries from $102.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, March 4th. Finally, Wall Street Zen cut Thor Industries from a “buy” rating to a “hold” rating in a report on Saturday. Three research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, Thor Industries currently has a consensus rating of “Hold” and a consensus price target of $106.40.

Thor Industries Price Performance

THO stock opened at $86.39 on Monday. The stock has a 50-day moving average price of $109.74 and a two-hundred day moving average price of $106.71. Thor Industries, Inc. has a 1 year low of $63.15 and a 1 year high of $122.83. The stock has a market cap of $4.54 billion, a PE ratio of 27.25, a price-to-earnings-growth ratio of 1.64 and a beta of 1.44. The company has a current ratio of 1.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.31. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The company had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same period in the prior year, the firm earned ($0.01) earnings per share. Thor Industries’s revenue for the quarter 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. Equities analysts forecast that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 19th. Investors of record on Monday, January 5th were issued a dividend of $0.52 per share. The ex-dividend date was Monday, January 5th. This represents a $2.08 annualized dividend and a yield of 2.4%. Thor Industries’s dividend payout ratio is presently 65.62%.

Thor Industries 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.