CenterBook Partners LP Sells 9,781 Shares of Thor Industries, Inc. $THO

CenterBook Partners LP decreased its position in Thor Industries, Inc. (NYSE:THO) by 44.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 12,413 shares of the RV manufacturer’s stock after selling 9,781 shares during the period. CenterBook Partners LP’s holdings in Thor Industries were worth $1,287,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. ACR Alpine Capital Research LLC grew its position in shares of Thor Industries by 22.5% during the 2nd quarter. ACR Alpine Capital Research LLC now owns 4,265,031 shares of the RV manufacturer’s stock worth $378,777,000 after buying an additional 782,114 shares during the period. Norges Bank bought a new position in Thor Industries during the 2nd quarter worth approximately $51,597,000. Timucuan Asset Management Inc. FL grew its holdings in Thor Industries by 9.2% during the second quarter. Timucuan Asset Management Inc. FL now owns 2,674,398 shares of the RV manufacturer’s stock valued at $237,513,000 after purchasing an additional 225,997 shares during the period. American Century Companies Inc. grew its holdings in Thor Industries by 16.7% during the second quarter. American Century Companies Inc. now owns 1,166,714 shares of the RV manufacturer’s stock valued at $103,616,000 after purchasing an additional 166,895 shares during the period. Finally, ProShare Advisors LLC increased its stake in Thor Industries by 49.4% in the second quarter. ProShare Advisors LLC now owns 454,779 shares of the RV manufacturer’s stock valued at $40,389,000 after purchasing an additional 150,391 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of Thor Industries stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total value of $524,474.28. Following the sale, the chief operating officer directly owned 104,109 shares in the company, valued at approximately $11,955,877.56. The trade was a 4.20% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 4.70% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on THO shares. Weiss Ratings reissued a “hold (c)” rating on shares of Thor Industries in a research report on Wednesday, January 21st. Raymond James Financial upgraded Thor Industries from an “underperform” rating to a “market perform” rating in a report on Monday, October 27th. Roth Mkm boosted their target price on Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Citigroup raised their price target on Thor Industries from $108.00 to $116.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Finally, UBS Group set a $97.00 price objective on Thor Industries in a report on Thursday, December 4th. Three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Thor Industries presently has a consensus rating of “Hold” and an average price target of $107.20.

Thor Industries Stock Performance

THO opened at $113.74 on Friday. The company has a market capitalization of $6.01 billion, a price-to-earnings ratio of 35.88, a P/E/G ratio of 2.08 and a beta of 1.41. The business’s 50-day moving average price is $111.37 and its two-hundred day moving average price is $106.99. Thor Industries, Inc. has a 1 year low of $63.15 and a 1 year high of $122.83. 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 posted its quarterly earnings data on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, topping 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 company had revenue of $2.39 million during the quarter, compared to analysts’ expectations of $2.05 billion. During the same period in the prior year, the firm earned ($0.03) earnings per share. Thor Industries’s revenue for the quarter was up 11.5% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Equities analysts expect that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 19th. Investors of record on Monday, January 5th were issued a dividend of $0.52 per share. The ex-dividend date was Monday, January 5th. This represents a $2.08 annualized dividend and a yield of 1.8%. Thor Industries’s dividend payout ratio is presently 65.62%.

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.