American Century Companies Inc. Grows Stock Holdings in Thor Industries, Inc. $THO

American Century Companies Inc. increased its position in Thor Industries, Inc. (NYSE:THO) by 16.7% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,362,071 shares of the RV manufacturer’s stock after acquiring an additional 195,357 shares during the period. American Century Companies Inc. owned about 2.58% of Thor Industries worth $141,233,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Hantz Financial Services Inc. lifted its position in shares of Thor Industries by 2,463.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock valued at $25,000 after buying an additional 271 shares in the last quarter. Country Trust Bank raised its position in shares of Thor Industries by 50.0% during the 2nd quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock valued at $27,000 after buying an additional 100 shares in the last quarter. MAI Capital Management boosted its holdings in shares of Thor Industries by 174.8% in the 2nd quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock worth $33,000 after purchasing an additional 236 shares during the period. HM Payson & Co. lifted its holdings in shares of Thor Industries by 33.0% in the 3rd quarter. HM Payson & Co. now owns 540 shares of the RV manufacturer’s stock worth $56,000 after acquiring an additional 134 shares during the last quarter. Finally, Quent Capital LLC purchased a new stake in shares of Thor Industries in the third quarter worth approximately $66,000. 96.71% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on THO shares. Wall Street Zen raised shares of Thor Industries from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th. Benchmark restated a “hold” rating on shares of Thor Industries in a report on Tuesday, December 2nd. DA Davidson reiterated a “neutral” rating and issued a $102.00 target price on shares of Thor Industries in a research note on Thursday, December 4th. Loop Capital set a $133.00 target price on Thor Industries in a report on Tuesday, January 13th. Finally, Robert W. Baird raised their target price on shares of Thor Industries from $110.00 to $115.00 and gave the stock a “neutral” rating 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. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $107.20.

Insider Transactions at Thor Industries

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of the business’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $114.84, for a total transaction of $524,474.28. Following the sale, the chief operating officer directly owned 104,109 shares in the company, valued at $11,955,877.56. This represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 4.70% of the stock is owned by company insiders.

Thor Industries Price Performance

NYSE:THO opened at $96.10 on Monday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 1.81. Thor Industries, Inc. has a one year low of $63.15 and a one year high of $122.83. The stock has a 50 day moving average price of $111.28 and a 200 day moving average price of $107.29. The stock has a market cap of $5.08 billion, a PE ratio of 30.32, a P/E/G ratio of 1.76 and a beta of 1.44.

Thor Industries (NYSE:THO) last issued its earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.52. The company had revenue of $2.39 million for 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%. Thor Industries’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.03) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Equities research analysts expect that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, January 19th. Shareholders of record on Monday, January 5th were given a $0.52 dividend. The ex-dividend date of this dividend was Monday, January 5th. This represents a $2.08 dividend on an annualized basis and a yield of 2.2%. Thor Industries’s payout ratio is presently 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.