Brandywine Global Investment Management LLC Takes $8.12 Million Position in Thor Industries, Inc. $THO

Brandywine Global Investment Management LLC purchased a new stake in Thor Industries, Inc. (NYSE:THO) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 79,128 shares of the RV manufacturer’s stock, valued at approximately $8,124,000. Brandywine Global Investment Management LLC owned about 0.15% of Thor Industries as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the company. ACR Alpine Capital Research LLC lifted its stake in shares of Thor Industries by 0.7% in the 4th quarter. ACR Alpine Capital Research LLC now owns 4,133,782 shares of the RV manufacturer’s stock valued at $424,415,000 after acquiring an additional 26,712 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of Thor Industries by 1.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,002,337 shares of the RV manufacturer’s stock valued at $311,317,000 after acquiring an additional 29,075 shares during the last quarter. Life Cycle Investment Partners Ltd bought a new position in shares of Thor Industries in the 4th quarter valued at $255,482,000. Capital Research Global Investors lifted its stake in shares of Thor Industries by 3.2% in the 4th quarter. Capital Research Global Investors now owns 1,581,876 shares of the RV manufacturer’s stock valued at $162,411,000 after acquiring an additional 48,466 shares during the last quarter. Finally, American Century Companies Inc. lifted its stake in shares of Thor Industries by 16.7% in the 3rd quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock valued at $141,233,000 after acquiring an additional 195,357 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently issued reports on the company. Benchmark reaffirmed a “hold” rating on shares of Thor Industries in a research report on Wednesday, March 4th. DA Davidson lowered their target price on Thor Industries from $102.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, March 4th. BMO Capital Markets lowered their target price on Thor Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a research report on Thursday, June 4th. Loop Capital raised their target price on Thor Industries from $90.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Finally, Wall Street Zen lowered Thor Industries from a “hold” rating to a “sell” rating in a research report on Saturday. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Thor Industries has a consensus rating of “Hold” and a consensus target price of $97.89.

Thor Industries Stock Performance

Shares of THO opened at $79.01 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80. The stock has a 50-day moving average of $77.58 and a 200-day moving average of $94.38. The company has a market cap of $4.11 billion, a PE ratio of 34.20, a P/E/G ratio of 1.99 and a beta of 1.32. Thor Industries, Inc. has a one year low of $69.71 and a one year high of $122.83.

Thor Industries (NYSE:THO) last issued its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 EPS for the quarter, missing the consensus estimate of $1.88 by ($0.02). The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.67 billion. Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The business’s quarterly revenue was down 3.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.53 earnings per share. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. On average, equities research analysts predict that Thor Industries, Inc. will post 3.3 EPS for the current fiscal 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 90.04%.

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.