Deprince Race & Zollo Inc. Reduces Stock Position in Thor Industries, Inc. $THO

Deprince Race & Zollo Inc. lessened its stake in Thor Industries, Inc. (NYSE:THO) by 3.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 357,976 shares of the RV manufacturer’s stock after selling 11,593 shares during the quarter. Deprince Race & Zollo Inc. owned about 0.68% of Thor Industries worth $28,599,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in THO. ACR Alpine Capital Research LLC grew its holdings in 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 buying an additional 26,712 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Thor Industries by 1.6% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,050,494 shares of the RV manufacturer’s stock worth $313,201,000 after acquiring an additional 48,157 shares during the period. Life Cycle Investment Partners Ltd acquired a new position in shares of Thor Industries during the 4th quarter valued at about $255,482,000. Capital Research Global Investors boosted its position in shares of Thor Industries by 3.2% during 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, Balyasny Asset Management L.P. grew its holdings in shares of Thor Industries by 130.2% in the fourth 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. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on THO shares. Roth Mkm set a $78.00 price objective on shares of Thor Industries in a research report on Thursday, June 4th. Seaport Research Partners assumed coverage on shares of Thor Industries in a research note on Monday, April 20th. They issued a “neutral” rating for the company. Weiss Ratings cut shares of Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Loop Capital raised their price target on shares of Thor Industries from $90.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Finally, BNP Paribas Exane initiated coverage on shares of Thor Industries in a research report on Monday, April 20th. They set a “neutral” rating on the stock. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $95.67.

Thor Industries Stock Up 0.1%

Shares of NYSE:THO opened at $75.25 on Thursday. The company has a market capitalization of $3.92 billion, a price-to-earnings ratio of 32.58, a PEG ratio of 1.99 and a beta of 1.33. Thor Industries, Inc. has a 12-month low of $69.71 and a 12-month high of $122.83. The business has a 50-day moving average price of $76.52 and a 200 day moving average price of $91.13. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20.

Thor Industries (NYSE:THO) last announced its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing the consensus estimate of $1.88 by ($0.02). Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The company had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.67 billion. During the same period last year, the business earned $2.53 EPS. The company’s quarterly revenue was down 3.9% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Sell-side analysts expect that Thor Industries, Inc. will post 3.2 EPS for the current year.

Thor Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Wednesday, July 1st. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.8%. Thor Industries’s dividend payout ratio (DPR) is presently 90.04%.

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.