Thor Industries, Inc. $THO Stock Position Raised by ACR Alpine Capital Research LLC

ACR Alpine Capital Research LLC raised its stake in shares of Thor Industries, Inc. (NYSE:THO) by 18.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,903,124 shares of the RV manufacturer’s stock after buying an additional 769,342 shares during the period. Thor Industries comprises approximately 5.8% of ACR Alpine Capital Research LLC’s holdings, making the stock its 8th largest position. ACR Alpine Capital Research LLC owned approximately 0.09% of Thor Industries worth $391,711,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of THO. Parallel Advisors LLC increased its position in Thor Industries by 16.9% during the fourth quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock valued at $64,000 after acquiring an additional 90 shares during the last quarter. BNP Paribas Financial Markets grew its stake in shares of Thor Industries by 1.7% during 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 during the period. CANADA LIFE ASSURANCE Co increased its position 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 valued at $3,089,000 after purchasing an additional 104 shares during the last quarter. CWM LLC lifted its stake in shares of Thor Industries by 18.9% in the 4th quarter. CWM LLC now owns 794 shares of the RV manufacturer’s stock worth $82,000 after purchasing an additional 126 shares during the period. Finally, Benjamin Edwards Inc. lifted its stake in shares of Thor Industries by 5.9% in the 4th quarter. Benjamin Edwards Inc. now owns 2,435 shares of the RV manufacturer’s stock worth $250,000 after purchasing an additional 136 shares during the period. 96.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

THO has been the subject of several recent research reports. Benchmark restated a “hold” rating on shares of Thor Industries in a research report on Friday, June 12th. BNP Paribas Exane began coverage on shares of Thor Industries in a research report on Monday, April 20th. They issued a “neutral” rating on the stock. Argus upgraded shares of Thor Industries to a “hold” rating in a research note on Friday, June 12th. Citigroup cut their price objective on shares of Thor Industries from $82.00 to $80.00 and set a “neutral” rating for the company in a research report on Friday, June 5th. Finally, Wall Street Zen lowered Thor Industries from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $92.44.

Thor Industries Trading Down 0.7%

Thor Industries stock opened at $72.75 on Friday. The firm has a 50 day moving average of $75.96 and a 200 day moving average of $89.81. The firm has a market capitalization of $3.79 billion, a price-to-earnings ratio of 31.49, a P/E/G ratio of 1.94 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 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 issued its quarterly 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 net margin of 2.67% and a return on equity of 5.74%. The firm had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.67 billion. During the same period in the prior year, the firm earned $2.53 EPS. Thor Industries’s revenue for the quarter 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. As a group, research analysts predict that Thor Industries, Inc. will post 3.2 earnings per share for the current year.

Thor Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Wednesday, July 1st. Thor Industries’s dividend payout ratio (DPR) is presently 90.04%.

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.