Dimensional Fund Advisors LP Boosts Holdings in Thor Industries, Inc. $THO

Dimensional Fund Advisors LP raised its position in Thor Industries, Inc. (NYSE:THO) by 1.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 3,002,337 shares of the RV manufacturer’s stock after buying an additional 29,075 shares during the quarter. Dimensional Fund Advisors LP owned about 5.68% of Thor Industries worth $311,317,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in THO. Kingsview Wealth Management LLC increased its stake in shares of Thor Industries by 3.9% during the third quarter. Kingsview Wealth Management LLC now owns 2,659 shares of the RV manufacturer’s stock worth $276,000 after acquiring an additional 99 shares during the period. BNP Paribas Financial Markets boosted its holdings in Thor Industries by 1.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock valued at $539,000 after purchasing an additional 99 shares in the last quarter. Country Trust Bank increased its position in Thor Industries by 50.0% during the 2nd 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. Cibc World Market Inc. raised its stake in shares of Thor Industries by 0.7% during the 3rd quarter. Cibc World Market Inc. now owns 14,773 shares of the RV manufacturer’s stock worth $1,532,000 after buying an additional 104 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co raised its stake in shares of Thor Industries by 0.3% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock worth $3,089,000 after buying an additional 104 shares in the last quarter. Institutional investors and hedge funds own 96.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. DA Davidson dropped their price objective on Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday. Citigroup decreased their target price on shares of Thor Industries from $116.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday. Robert W. Baird increased their price target 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. UBS Group set a $97.00 price objective on shares of Thor Industries in a research note on Thursday, December 4th. Finally, Roth Mkm upped their target price on shares of Thor Industries from $93.00 to $97.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. 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 a consensus rating of “Hold” and a consensus target price of $106.40.

Insider Buying and Selling

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $114.84, for a total transaction 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 represents a 4.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 4.70% of the company’s stock.

Thor Industries Price Performance

Thor Industries stock opened at $90.58 on Friday. Thor Industries, Inc. has a 52 week low of $63.15 and a 52 week high of $122.83. The company has a quick ratio of 0.83, a current ratio of 1.76 and a debt-to-equity ratio of 0.20. The firm’s 50-day simple moving average is $110.13 and its 200 day simple moving average is $106.85. The firm has a market capitalization of $4.76 billion, a PE ratio of 28.57, a P/E/G ratio of 1.67 and a beta of 1.43.

Thor Industries (NYSE:THO) last posted its earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.31. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The firm had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $1.96 billion. During the same period last year, the firm posted ($0.01) EPS. The firm’s revenue for the quarter was up 5.3% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, equities research analysts predict that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 19th. Investors of record on Monday, January 5th were given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.3%. The ex-dividend date was Monday, January 5th. Thor Industries’s payout ratio is currently 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.