CenterBook Partners LP Sells 9,781 Shares of Thor Industries, Inc. $THO

CenterBook Partners LP cut its position in Thor Industries, Inc. (NYSE:THO) by 44.1% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 12,413 shares of the RV manufacturer’s stock after selling 9,781 shares during the period. CenterBook Partners LP’s holdings in Thor Industries were worth $1,287,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Hantz Financial Services Inc. grew its position in shares of Thor Industries by 2,463.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock valued at $25,000 after acquiring an additional 271 shares during the period. Country Trust Bank grew its holdings in Thor Industries by 50.0% during the second quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock worth $27,000 after purchasing an additional 100 shares during the period. Curio Wealth LLC grew its holdings in Thor Industries by 33,300.0% during the second quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock worth $30,000 after purchasing an additional 333 shares during the period. MAI Capital Management increased its position in Thor Industries by 174.8% during the second quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock worth $33,000 after buying an additional 236 shares during the last quarter. Finally, HM Payson & Co. raised its stake in Thor Industries by 33.0% in the third quarter. HM Payson & Co. now owns 540 shares of the RV manufacturer’s stock valued at $56,000 after buying an additional 134 shares during the period. 96.71% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of the company’s stock in a transaction dated Thursday, January 15th. The stock was 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. The trade was a 4.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 4.70% of the stock is owned by insiders.

Thor Industries Stock Performance

Shares of NYSE:THO opened at $113.74 on Friday. Thor Industries, Inc. has a 1 year low of $63.15 and a 1 year high of $122.83. The stock has a market capitalization of $6.01 billion, a price-to-earnings ratio of 35.88, a price-to-earnings-growth ratio of 2.08 and a beta of 1.41. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.81 and a quick ratio of 0.83. The company’s 50 day simple moving average is $111.37 and its 200 day simple moving average is $106.99.

Thor Industries (NYSE:THO) last posted its earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.52. The firm had revenue of $2.39 million during the quarter, compared to analysts’ expectations of $2.05 billion. Thor Industries had a net margin of 2.87% and a return on equity of 7.05%. The business’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.03) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, research analysts predict that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

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

Wall Street Analysts Forecast Growth

THO has been the topic of a number of recent analyst reports. DA Davidson reissued a “neutral” rating and set a $102.00 target price on shares of Thor Industries in a report on Thursday, December 4th. Truist Financial upped their price objective on shares of Thor Industries from $110.00 to $112.00 and gave the company a “hold” rating in a report on Tuesday, December 9th. Raymond James Financial raised shares of Thor Industries from an “underperform” rating to a “market perform” rating in a research report on Monday, October 27th. Loop Capital set a $133.00 target price on shares of Thor Industries in a report on Tuesday, January 13th. Finally, Citigroup upped their price target on shares of Thor Industries from $108.00 to $116.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Three analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Thor Industries currently has a consensus rating of “Hold” and an average target price of $107.20.

Thor Industries 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.