Thor Industries, Inc. $THO is ACR Alpine Capital Research LLC’s 3rd Largest Position

ACR Alpine Capital Research LLC lowered its position in shares of Thor Industries, Inc. (NYSE:THO) by 3.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,107,070 shares of the RV manufacturer’s stock after selling 157,961 shares during the period. Thor Industries comprises approximately 7.3% of ACR Alpine Capital Research LLC’s holdings, making the stock its 3rd largest holding. ACR Alpine Capital Research LLC owned about 0.08% of Thor Industries worth $425,862,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in THO. Jones Financial Companies Lllp lifted its position in shares of Thor Industries by 433.3% in the 1st quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock worth $535,000 after purchasing an additional 5,737 shares during the period. United Services Automobile Association bought a new position in Thor Industries in the first quarter worth approximately $269,000. Empowered Funds LLC bought a new position in Thor Industries in the first quarter worth approximately $1,177,000. Focus Partners Wealth purchased a new stake in Thor Industries during the first quarter worth $255,000. Finally, Voya Investment Management LLC boosted its position in Thor Industries by 2.9% during the 1st quarter. Voya Investment Management LLC now owns 6,356 shares of the RV manufacturer’s stock valued at $482,000 after acquiring an additional 179 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Stock Performance

THO opened at $117.97 on Friday. The company has a market cap of $6.23 billion, a P/E ratio of 37.21, a price-to-earnings-growth ratio of 2.16 and a beta of 1.34. The company has a quick ratio of 0.83, a current ratio of 1.81 and a debt-to-equity ratio of 0.21. The firm’s 50-day moving average price is $105.89 and its 200-day moving average price is $103.62. Thor Industries, Inc. has a 52-week low of $63.15 and a 52-week high of $119.27.

Thor Industries (NYSE:THO) last released its earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.52. Thor Industries had a net margin of 2.87% and a return on equity of 7.05%. The company had revenue of $2.39 million for the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the previous year, the firm earned ($0.03) EPS. Thor Industries’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. As a group, equities analysts anticipate that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 19th. Investors of record on Monday, January 5th were given a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 1.8%. The ex-dividend date of this dividend was Monday, January 5th. Thor Industries’s dividend payout ratio is presently 65.62%.

Insider Transactions at Thor Industries

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of Thor Industries stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $114.84, for a total transaction of $524,474.28. Following the completion of the sale, the chief operating officer owned 104,109 shares of the company’s stock, valued at approximately $11,955,877.56. The trade was a 4.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.70% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several research firms have recently commented on THO. Roth Mkm boosted their price target on Thor Industries from $93.00 to $97.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Truist Financial boosted their target price on shares of Thor Industries from $110.00 to $112.00 and gave the stock a “hold” rating in a report on Tuesday, December 9th. DA Davidson reaffirmed a “neutral” rating and issued a $102.00 price objective on shares of Thor Industries in a research report on Thursday, December 4th. Robert W. Baird increased their target price on shares of Thor Industries from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Thor Industries in a research note on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $107.20.

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.