Thor Industries, Inc. $THO Shares Sold by Bayforest Capital Ltd

Bayforest Capital Ltd trimmed its holdings in Thor Industries, Inc. (NYSE:THO) by 79.6% in the third quarter, according to its most recent disclosure with the SEC. The fund owned 1,343 shares of the RV manufacturer’s stock after selling 5,227 shares during the period. Bayforest Capital Ltd’s holdings in Thor Industries were worth $139,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Jones Financial Companies Lllp grew its stake in shares of Thor Industries by 433.3% during the 1st quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock worth $535,000 after purchasing an additional 5,737 shares during the period. United Services Automobile Association acquired a new stake in Thor Industries during the 1st quarter valued at $269,000. Empowered Funds LLC purchased a new stake in shares of Thor Industries in the first quarter valued at $1,177,000. Focus Partners Wealth acquired a new position in shares of Thor Industries in the first quarter valued at approximately $255,000. Finally, Strs Ohio acquired a new position in Thor Industries in the 1st quarter valued at $1,375,000. Institutional investors and hedge funds own 96.71% of the company’s stock.

Thor Industries Stock Performance

THO opened at $114.54 on Thursday. Thor Industries, Inc. has a 1-year low of $63.15 and a 1-year high of $117.09. The company has a market capitalization of $6.05 billion, a price-to-earnings ratio of 36.13, a price-to-earnings-growth ratio of 2.12 and a beta of 1.34. The business has a 50 day moving average price of $104.23 and a two-hundred day moving average price of $102.70. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.81 and a quick ratio of 0.83.

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. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.The business had revenue of $2.39 million during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter last year, the business posted ($0.03) earnings per share. The company’s quarterly revenue was up 11.5% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Research analysts predict that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 19th. Investors of record on Monday, January 5th will be given a dividend of $0.52 per share. The ex-dividend date of this dividend is Monday, January 5th. This represents a $2.08 dividend on an annualized basis and a yield of 1.8%. Thor Industries’s dividend payout ratio (DPR) is presently 65.62%.

Insider Buying and Selling

In related news, COO W. Todd Woelfer sold 1,729 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $103.15, for a total value of $178,346.35. Following the completion of the sale, the chief operating officer owned 112,680 shares of the company’s stock, valued at approximately $11,622,942. The trade was a 1.51% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 4.70% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on THO shares. UBS Group set a $97.00 target price on shares of Thor Industries in a report on Thursday, December 4th. DA Davidson reiterated a “neutral” rating and set a $102.00 target price on shares of Thor Industries in a report on Thursday, December 4th. Truist Financial raised their price target on shares of Thor Industries from $110.00 to $112.00 and gave the company a “hold” rating in a report on Tuesday, December 9th. Loop Capital set a $133.00 price objective on shares of Thor Industries in a research report on Tuesday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Thor Industries in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Thor Industries currently has an average rating of “Hold” and a consensus target price of $106.40.

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.