Caprock Group LLC Acquires Shares of 6,213 Thor Industries, Inc. $THO

Caprock Group LLC bought a new position in Thor Industries, Inc. (NYSE:THO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 6,213 shares of the RV manufacturer’s stock, valued at approximately $681,000.

Other large investors have also modified their holdings of the company. XTX Topco Ltd lifted its stake in shares of Thor Industries by 199.7% in the second quarter. XTX Topco Ltd now owns 10,953 shares of the RV manufacturer’s stock worth $973,000 after acquiring an additional 7,298 shares in the last quarter. AXQ Capital LP purchased a new stake in Thor Industries during the 2nd quarter worth approximately $524,000. Ontario Teachers Pension Plan Board acquired a new position in shares of Thor Industries in the 2nd quarter valued at approximately $556,000. Universal Beteiligungs und Servicegesellschaft mbH raised its position in shares of Thor Industries by 40.4% in the 2nd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 58,358 shares of the RV manufacturer’s stock valued at $5,183,000 after purchasing an additional 16,785 shares in the last quarter. Finally, Oak Thistle LLC boosted its stake in shares of Thor Industries by 870.9% during the 3rd 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 and hedge funds own 96.71% of the company’s stock.

Analyst Upgrades and Downgrades

THO has been the subject of a number of research analyst reports. UBS Group set a $97.00 price target on shares of Thor Industries in a research note 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 research report on Tuesday, December 9th. Robert W. Baird increased their price target on shares of Thor Industries from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Loop Capital set a $133.00 price target on Thor Industries in a research note on Tuesday, January 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Thor Industries in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $107.20.

Insider Buying and Selling

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of the firm’s stock in a transaction that occurred 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 sale, the chief operating officer owned 104,109 shares in the company, valued at approximately $11,955,877.56. This trade represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 4.70% of the company’s stock.

Thor Industries Trading Up 1.1%

NYSE:THO opened at $114.78 on Tuesday. The firm has a market capitalization of $6.06 billion, a P/E ratio of 36.21, a P/E/G ratio of 2.10 and a beta of 1.40. The business has a 50 day simple moving average of $110.56 and a 200 day simple moving average of $106.58. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.81 and a quick ratio of 0.83. Thor Industries, Inc. has a 12-month low of $63.15 and a 12-month high of $122.83.

Thor Industries (NYSE:THO) last issued 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 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 analyst estimates of $2.05 billion. During the same period last year, the company earned ($0.03) earnings per share. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Equities research analysts predict that Thor Industries, Inc. will post 4.64 EPS for the current year.

Thor Industries Announces Dividend

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

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.