Thor Industries, Inc. (NYSE:THO) Given Consensus Recommendation of “Hold” by Analysts

Shares of Thor Industries, Inc. (NYSE:THO) have been assigned an average rating of “Hold” from the fourteen ratings firms that are presently covering the company, Marketbeat reports. Eleven equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $103.80.

A number of brokerages have weighed in on THO. Benchmark reiterated a “hold” rating on shares of Thor Industries in a report on Wednesday, March 4th. Citigroup reduced their price objective on shares of Thor Industries from $100.00 to $82.00 and set a “neutral” rating for the company in a research report on Wednesday. Wall Street Zen downgraded shares of Thor Industries from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Seaport Research Partners assumed coverage on shares of Thor Industries in a research report on Monday, April 20th. They set a “neutral” rating for the company. Finally, Truist Financial reduced their price objective on shares of Thor Industries from $112.00 to $109.00 and set a “hold” rating for the company in a research report on Wednesday, March 11th.

Insider Activity at Thor Industries

In other news, Director Peter Busch Orthwein bought 2,600 shares of Thor Industries stock in a transaction dated Friday, March 6th. The stock was bought at an average cost of $88.25 per share, for a total transaction of $229,450.00. Following the purchase, the director directly owned 139,000 shares in the company, valued at approximately $12,266,750. This represents a 1.91% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 4.70% of the stock is currently owned by corporate insiders.

Institutional Trading of Thor Industries

Several large investors have recently made changes to their positions in the company. Life Cycle Investment Partners Ltd acquired a new stake in Thor Industries in the 4th quarter valued at $255,482,000. ACR Alpine Capital Research LLC grew its position in Thor Industries by 18.6% in the 1st quarter. ACR Alpine Capital Research LLC now owns 4,903,124 shares of the RV manufacturer’s stock valued at $391,711,000 after purchasing an additional 769,342 shares during the period. Balyasny Asset Management L.P. grew its position in Thor Industries by 130.2% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,081,238 shares of the RV manufacturer’s stock valued at $111,011,000 after purchasing an additional 611,639 shares during the period. Bbfit Investments PTE Ltd. acquired a new stake in Thor Industries in the 4th quarter valued at $27,076,000. Finally, Norges Bank acquired a new stake in Thor Industries in the 4th quarter valued at $21,729,000. 96.71% of the stock is currently owned by institutional investors and hedge funds.

Thor Industries Stock Performance

NYSE:THO opened at $78.75 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. The company has a 50 day simple moving average of $77.86 and a two-hundred day simple moving average of $95.75. Thor Industries has a fifty-two week low of $70.56 and a fifty-two week high of $122.83. The company has a market capitalization of $4.14 billion, a PE ratio of 24.46, a P/E/G ratio of 1.56 and a beta of 1.34.

Thor Industries (NYSE:THO) last issued its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.31. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.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 business posted ($0.01) EPS. The business’s revenue was up 5.3% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Research analysts anticipate that Thor Industries will post 3.75 earnings per share for the current year.

Thor Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, April 20th. Stockholders of record on Monday, April 6th were paid a $0.52 dividend. The ex-dividend date was Monday, April 6th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Thor Industries’s dividend payout ratio (DPR) is currently 64.60%.

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.