Thor Industries, Inc. (NYSE:THO) Receives Average Rating of “Hold” from Brokerages

Thor Industries, Inc. (NYSE:THO) has been given an average recommendation of “Hold” by the fourteen analysts that are presently covering the company, MarketBeat.com reports. Eleven research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month target price among brokers that have covered the stock in the last year is $103.80.

A number of equities analysts have issued reports on THO shares. BNP Paribas Exane started coverage on shares of Thor Industries in a report on Monday, April 20th. They set a “neutral” rating on the stock. Seaport Research Partners started coverage on shares of Thor Industries in a report on Monday, April 20th. They set a “neutral” rating on the stock. Wall Street Zen downgraded shares of Thor Industries from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. DA Davidson cut their price objective on shares of Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, March 4th. Finally, Benchmark restated a “hold” rating on shares of Thor Industries in a research note on Wednesday, March 4th.

Thor Industries Price Performance

THO stock opened at $78.75 on Thursday. The company has a market capitalization of $4.14 billion, a P/E ratio of 24.46, a price-to-earnings-growth ratio of 1.56 and a beta of 1.34. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. Thor Industries has a 52-week low of $70.56 and a 52-week high of $122.83. The business has a 50-day simple moving average of $77.86 and a two-hundred day simple moving average of $95.75.

Thor Industries (NYSE:THO) last released its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.31. The business had revenue of $2.13 billion during 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 quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Research analysts expect that Thor Industries will post 3.75 EPS for the current fiscal year.

Thor Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 20th. Stockholders of record on Monday, April 6th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, April 6th. Thor Industries’s payout ratio is presently 64.60%.

Insider Buying and Selling at Thor Industries

In other Thor Industries news, Director Peter Busch Orthwein bought 2,600 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were purchased at an average price of $88.25 per share, for a total transaction of $229,450.00. Following the purchase, the director directly owned 139,000 shares of the company’s stock, valued at approximately $12,266,750. This represents a 1.91% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 4.70% of the stock is owned by insiders.

Hedge Funds Weigh In On Thor Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. ACR Alpine Capital Research LLC boosted its holdings in shares of Thor Industries by 18.6% in the 1st quarter. ACR Alpine Capital Research LLC now owns 4,903,124 shares of the RV manufacturer’s stock worth $391,711,000 after buying an additional 769,342 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Thor Industries by 3.1% in the 1st quarter. Dimensional Fund Advisors LP now owns 3,146,574 shares of the RV manufacturer’s stock worth $251,375,000 after buying an additional 96,080 shares during the last quarter. Life Cycle Investment Partners Ltd purchased a new position in shares of Thor Industries in the 4th quarter worth about $255,482,000. Capital Research Global Investors boosted its holdings in shares of Thor Industries by 3.2% in the 4th quarter. Capital Research Global Investors now owns 1,581,876 shares of the RV manufacturer’s stock worth $162,411,000 after buying an additional 48,466 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in Thor Industries by 16.7% in the third quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock valued at $141,233,000 after purchasing an additional 195,357 shares during the last quarter. 96.71% of the stock is owned by hedge funds and other institutional investors.

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.