Thor Industries, Inc. (NYSE:THO) Receives $106.10 Consensus Target Price from Analysts

Thor Industries, Inc. (NYSE:THO) has been assigned a consensus rating of “Hold” from the thirteen analysts that are presently covering the company, MarketBeat.com reports. Ten equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $106.10.

A number of brokerages have recently issued reports on THO. Robert W. Baird upped their target price 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. BMO Capital Markets lowered their price target on shares of Thor Industries from $135.00 to $125.00 and set an “outperform” rating for the company in a report on Wednesday, March 4th. Weiss Ratings restated a “hold (c)” rating on shares of Thor Industries in a research report on Wednesday, January 21st. Citigroup reduced their price objective on Thor Industries from $116.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, March 4th. Finally, DA Davidson decreased their price objective on Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 4th.

Thor Industries Stock Performance

Shares of NYSE:THO opened at $78.04 on Friday. The business has a fifty day moving average of $106.20 and a 200-day moving average of $105.24. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. Thor Industries has a twelve month low of $63.15 and a twelve month high of $122.83. The firm has a market cap of $4.10 billion, a PE ratio of 24.24, a price-to-earnings-growth ratio of 1.55 and a beta of 1.43.

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

Insider Buying and Selling at Thor Industries

In related 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 value of $524,474.28. Following the completion of the sale, the chief operating officer directly owned 104,109 shares in the company, valued at $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 the SEC website. Also, Director Peter Busch Orthwein bought 2,600 shares of the business’s stock in a transaction on Friday, March 6th. The shares were acquired at an average price of $88.25 per share, for a total transaction of $229,450.00. Following the completion of the transaction, the director owned 139,000 shares in the company, valued at approximately $12,266,750. This trade represents a 1.91% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 4.70% of the company’s stock.

Hedge Funds Weigh In On Thor Industries

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. lifted its stake in shares of Thor Industries by 299.7% in the 4th quarter. Rockefeller Capital Management L.P. now owns 3,130 shares of the RV manufacturer’s stock valued at $321,000 after purchasing an additional 2,347 shares during the period. Corient Private Wealth LLC increased its holdings in Thor Industries by 19.8% in the fourth quarter. Corient Private Wealth LLC now owns 23,805 shares of the RV manufacturer’s stock valued at $2,444,000 after purchasing an additional 3,931 shares during the last quarter. Invesco Ltd. lifted its stake in Thor Industries by 39.7% in the fourth quarter. Invesco Ltd. now owns 246,262 shares of the RV manufacturer’s stock valued at $25,284,000 after buying an additional 70,042 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Thor Industries by 1.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 8,879 shares of the RV manufacturer’s stock worth $912,000 after buying an additional 153 shares during the last quarter. Finally, First Citizens Bank & Trust Co. boosted its holdings in Thor Industries by 1.6% during the fourth quarter. First Citizens Bank & Trust Co. now owns 9,113 shares of the RV manufacturer’s stock worth $936,000 after buying an additional 144 shares during the last quarter. 96.71% of the stock is owned by institutional investors.

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.