Thor Industries, Inc. (NYSE:THO) Given Consensus Rating of “Hold” by Brokerages

Thor Industries, Inc. (NYSE:THO) has received a consensus rating of “Hold” from the thirteen brokerages that are presently covering the stock, Marketbeat Ratings reports. Ten equities research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $106.10.

Several research firms recently commented on THO. DA Davidson cut their target price on shares of Thor Industries from $102.00 to $100.00 and set a “neutral” rating for the company in a research note on Wednesday, March 4th. Wall Street Zen lowered shares of Thor Industries from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Citigroup dropped their price objective on shares of Thor Industries from $116.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, March 4th. BMO Capital Markets cut their price objective on shares of Thor Industries from $135.00 to $125.00 and set an “outperform” rating for the company in a research report on Wednesday, March 4th. Finally, Roth Mkm increased their target price on shares of Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th.

Thor Industries Price Performance

NYSE THO opened at $82.26 on Friday. Thor Industries has a fifty-two week low of $63.15 and a fifty-two week high of $122.83. The stock’s 50-day moving average is $107.75 and its two-hundred day moving average is $105.87. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.76 and a quick ratio of 0.73. The firm has a market cap of $4.33 billion, a P/E ratio of 25.55, a price-to-earnings-growth ratio of 1.57 and a beta of 1.43.

Thor Industries (NYSE:THO) last announced its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 EPS for the quarter, beating the consensus estimate of $0.03 by $0.31. The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $1.96 billion. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The company’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter last year, the company posted ($0.01) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, analysts anticipate that Thor Industries will post 4.64 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 19th. Stockholders of record on Monday, January 5th were paid a $0.52 dividend. The ex-dividend date was Monday, January 5th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.5%. Thor Industries’s dividend payout ratio is currently 64.60%.

Insider Activity

In other news, COO W. Todd Woelfer sold 4,567 shares of the stock in a transaction that occurred on Thursday, January 15th. The stock was 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 directly owned 104,109 shares of the company’s stock, valued at approximately $11,955,877.56. This represents a 4.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Peter Busch Orthwein bought 2,600 shares of the stock in a transaction dated Friday, March 6th. The stock was purchased at an average cost of $88.25 per share, for a total transaction of $229,450.00. Following the acquisition, the director owned 139,000 shares in the company, valued at $12,266,750. The trade was a 1.91% increase in their position. The disclosure for this purchase is available in the SEC filing. Corporate insiders own 4.70% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of THO. XTX Topco Ltd raised its position in Thor Industries by 199.7% in the 2nd quarter. XTX Topco Ltd now owns 10,953 shares of the RV manufacturer’s stock valued at $973,000 after purchasing an additional 7,298 shares during the last quarter. AXQ Capital LP bought a new stake in shares of Thor Industries during the second quarter worth $524,000. Universal Beteiligungs und Servicegesellschaft mbH grew its holdings in shares of Thor Industries by 40.4% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 58,358 shares of the RV manufacturer’s stock worth $5,183,000 after purchasing an additional 16,785 shares during the last quarter. Ontario Teachers Pension Plan Board acquired a new stake in shares of Thor Industries in the second quarter valued at $556,000. Finally, Oak Thistle LLC raised its holdings in shares of Thor Industries by 870.9% in the third quarter. Oak Thistle LLC now owns 31,410 shares of the RV manufacturer’s stock valued at $3,257,000 after buying an additional 28,175 shares during the last quarter. Institutional investors own 96.71% of the company’s stock.

About Thor Industries

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.