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

Shares of Thor Industries, Inc. (NYSE:THO) have been assigned a consensus recommendation of “Hold” from the fourteen analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, eleven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $104.10.

A number of equities research analysts recently weighed in on THO shares. UBS Group set a $97.00 price objective on shares of Thor Industries in a research note on Thursday, December 4th. Benchmark reissued a “hold” rating on shares of Thor Industries in a research note on Tuesday, December 2nd. Citigroup reduced their price target on shares of Thor Industries from $117.00 to $108.00 and set a “neutral” rating for the company in a research note on Friday, December 5th. Robert W. Baird increased their price objective on shares of Thor Industries from $110.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. Finally, Raymond James Financial upgraded shares of Thor Industries from an “underperform” rating to a “market perform” rating in a research note on Monday, October 27th.

Insider Buying and Selling at Thor Industries

In other news, COO W. Todd Woelfer sold 1,729 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $103.15, for a total value of $178,346.35. Following the completion of the sale, the chief operating officer owned 112,680 shares in the company, valued at $11,622,942. This represents a 1.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 4.70% of the stock is currently owned by company insiders.

Institutional Investors Weigh In On Thor Industries

Several hedge funds and other institutional investors have recently bought and sold shares of the business. ACR Alpine Capital Research LLC lifted its holdings in 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 acquiring an additional 782,114 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Thor Industries by 1.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,002,337 shares of the RV manufacturer’s stock worth $311,317,000 after purchasing an additional 29,075 shares in the last quarter. Timucuan Asset Management Inc. FL lifted its stake in Thor Industries by 9.2% during the second quarter. Timucuan Asset Management Inc. FL now owns 2,674,398 shares of the RV manufacturer’s stock valued at $237,513,000 after purchasing an additional 225,997 shares during the last quarter. American Century Companies Inc. boosted its holdings in Thor Industries by 16.7% during the third quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock worth $141,233,000 after buying an additional 195,357 shares in the last quarter. Finally, Southpoint Capital Advisors LP grew its position in Thor Industries by 106.2% in the first quarter. Southpoint Capital Advisors LP now owns 1,250,000 shares of the RV manufacturer’s stock worth $94,762,000 after buying an additional 643,851 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Stock Performance

Shares of NYSE THO opened at $106.19 on Monday. Thor Industries has a 12-month low of $63.15 and a 12-month high of $117.09. The company has a market cap of $5.61 billion, a PE ratio of 33.50, a P/E/G ratio of 1.95 and a beta of 1.32. The stock has a 50 day simple moving average of $103.91 and a 200-day simple moving average of $100.95. The company has a current ratio of 1.81, a quick ratio of 0.83 and a debt-to-equity ratio of 0.21.

Thor Industries (NYSE:THO) last posted its earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 EPS for the quarter, beating the consensus estimate of ($0.11) by $0.52. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.The firm had revenue of $2.39 million for the quarter, compared to analysts’ expectations of $2.05 billion. During the same period last year, the firm earned ($0.03) EPS. The firm’s revenue was up 11.5% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, equities research analysts forecast that Thor Industries will post 4.64 EPS for the current year.

Thor Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 19th. Stockholders of record on Monday, January 5th will be paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, January 5th. Thor Industries’s payout ratio is currently 65.62%.

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.