DA Davidson Cuts THOR Industries (NYSE:THO) Price Target to $80.00

THOR Industries (NYSE:THO) had its price target decreased by DA Davidson from $95.00 to $80.00 in a research report released on Friday morning,Benzinga reports. DA Davidson currently has a neutral rating on the construction company’s stock. DA Davidson also issued estimates for THOR Industries’ Q3 2025 earnings at $1.84 EPS.

Several other brokerages have also commented on THO. Truist Financial decreased their price target on THOR Industries from $110.00 to $90.00 and set a “hold” rating on the stock in a research note on Thursday. Benchmark reaffirmed a “hold” rating on shares of THOR Industries in a report on Tuesday, December 3rd. Robert W. Baird reduced their price target on shares of THOR Industries from $110.00 to $100.00 and set an “outperform” rating on the stock in a research report on Thursday. Bank of America raised shares of THOR Industries from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $110.00 to $125.00 in a report on Monday, March 3rd. Finally, BMO Capital Markets reduced their target price on THOR Industries from $120.00 to $105.00 and set an “outperform” rating on the stock in a report on Thursday. Four equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $104.00.

THOR Industries Stock Down 0.7 %

Shares of THO stock opened at $85.80 on Friday. THOR Industries has a one year low of $78.88 and a one year high of $118.85. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78. The stock has a fifty day moving average price of $99.12 and a 200 day moving average price of $103.83. The stock has a market cap of $4.57 billion, a P/E ratio of 21.94, a price-to-earnings-growth ratio of 1.16 and a beta of 1.74.

THOR Industries (NYSE:THO) last released its quarterly earnings data on Wednesday, March 5th. The construction company reported ($0.01) EPS for the quarter, missing analysts’ consensus estimates of $0.07 by ($0.08). THOR Industries had a return on equity of 5.97% and a net margin of 2.17%. The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.98 billion. During the same period in the previous year, the business posted $0.13 earnings per share. THOR Industries’s revenue was down 8.6% on a year-over-year basis. Analysts predict that THOR Industries will post 4.64 earnings per share for the current year.

THOR Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, January 6th were given a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 2.33%. The ex-dividend date of this dividend was Monday, January 6th. THOR Industries’s dividend payout ratio (DPR) is presently 53.05%.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Madison Investment Advisors LLC acquired a new position in THOR Industries during the 4th quarter valued at about $95,688,000. ACR Alpine Capital Research LLC raised its stake in shares of THOR Industries by 40.6% during the fourth quarter. ACR Alpine Capital Research LLC now owns 2,142,966 shares of the construction company’s stock worth $205,103,000 after buying an additional 619,318 shares during the last quarter. Norges Bank acquired a new position in THOR Industries in the fourth quarter valued at approximately $54,754,000. Raymond James Financial Inc. bought a new position in THOR Industries in the fourth quarter valued at approximately $52,497,000. Finally, JPMorgan Chase & Co. grew its holdings in THOR Industries by 37.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,502,208 shares of the construction company’s stock worth $165,078,000 after acquiring an additional 411,466 shares during the period. 96.71% of the stock is currently owned by institutional investors.

About THOR Industries

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.