Thor Industries, Inc. (NYSE:THO) Receives Average Rating of “Hold” from Analysts

Thor Industries, Inc. (NYSE:THO) has received a consensus rating of “Hold” from the fourteen ratings firms that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, eleven have given a hold rating and two have issued a buy rating on the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $104.10.

THO has been the subject of a number of analyst reports. Roth Capital upped their price objective on shares of Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. BMO Capital Markets boosted their price target on Thor Industries from $105.00 to $115.00 and gave the stock an “outperform” rating in a research note on Friday, September 26th. Raymond James Financial raised Thor Industries from an “underperform” rating to a “market perform” rating in a report on Monday, October 27th. Benchmark restated a “hold” rating on shares of Thor Industries in a report on Tuesday, December 2nd. Finally, DA Davidson reaffirmed a “neutral” rating and issued a $102.00 target price on shares of Thor Industries in a research report on Thursday, December 4th.

Insider Buying and Selling

In other Thor Industries news, COO W. Todd Woelfer sold 1,729 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $103.15, for a total transaction of $178,346.35. Following the completion of the transaction, the chief operating officer directly owned 112,680 shares of the company’s stock, valued at $11,622,942. This trade represents a 1.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 4.70% of the stock is owned by company insiders.

Hedge Funds Weigh In On Thor Industries

Large investors have recently modified their holdings of the stock. XTX Topco Ltd lifted its stake in Thor Industries by 199.7% in the second quarter. XTX Topco Ltd now owns 10,953 shares of the RV manufacturer’s stock valued at $973,000 after buying an additional 7,298 shares during the last quarter. AXQ Capital LP bought a new position in shares of Thor Industries during the second quarter worth about $524,000. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Thor Industries by 66.6% in the 2nd quarter. Mirae Asset Global Investments Co. Ltd. now owns 563 shares of the RV manufacturer’s stock worth $50,000 after acquiring an additional 225 shares during the period. Ontario Teachers Pension Plan Board acquired a new stake in shares of Thor Industries in the 2nd quarter worth about $556,000. Finally, DAVENPORT & Co LLC lifted its position in Thor Industries by 3.1% in the 2nd quarter. DAVENPORT & Co LLC now owns 16,029 shares of the RV manufacturer’s stock valued at $1,424,000 after purchasing an additional 480 shares during the last quarter. Institutional investors own 96.71% of the company’s stock.

Thor Industries Stock Down 0.2%

NYSE THO opened at $106.19 on Monday. The company has a quick ratio of 0.83, a current ratio of 1.81 and a debt-to-equity ratio of 0.21. Thor Industries has a fifty-two week low of $63.15 and a fifty-two week high of $117.09. The business has a 50 day moving average price of $103.91 and a two-hundred day moving average price of $100.95. The stock has a market cap of $5.61 billion, a PE ratio of 33.50, a P/E/G ratio of 1.95 and a beta of 1.32.

Thor Industries (NYSE:THO) last announced its earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.52. The business had revenue of $2.39 million during the quarter, compared to the consensus estimate of $2.05 billion. Thor Industries had a net margin of 2.87% and a return on equity of 7.05%. The business’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.03) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, sell-side analysts predict that Thor Industries will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 19th. Investors of record on Monday, January 5th will be issued a $0.52 dividend. The ex-dividend date of this dividend is Monday, January 5th. This represents a $2.08 annualized dividend and a yield of 2.0%. Thor Industries’s dividend payout ratio is currently 65.62%.

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.