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

Shares of Thor Industries, Inc. (NYSE:THO) have received a consensus rating of “Hold” from the thirteen analysts that are covering the company, Marketbeat Ratings reports. Ten research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have covered the stock in the last year is $106.10.

A number of brokerages have recently weighed in on THO. BMO Capital Markets reduced their price target on shares of Thor Industries from $135.00 to $125.00 and set an “outperform” rating on the stock in a research report on Wednesday, March 4th. Benchmark reissued a “hold” rating on shares of Thor Industries in a research report on Wednesday, March 4th. Citigroup reduced their price target on shares of Thor Industries from $116.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 4th. Zacks Research raised shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. Finally, DA Davidson reduced their price target on shares of Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 4th.

Thor Industries Trading Down 1.4%

Shares of NYSE THO opened at $76.22 on Wednesday. The company’s fifty day moving average is $96.36 and its 200-day moving average is $102.36. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 23.67, a P/E/G ratio of 1.50 and a beta of 1.45. Thor Industries has a twelve month low of $63.15 and a twelve month high of $122.83. The company has a quick ratio of 0.73, a current ratio of 1.76 and a debt-to-equity ratio of 0.20.

Thor Industries (NYSE:THO) last announced its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.31. The company had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $1.96 billion. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period last year, the firm posted ($0.01) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Equities research analysts predict that Thor Industries will post 4.64 EPS for the current year.

Thor Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 20th. Stockholders of record on Monday, April 6th will be given a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Monday, April 6th. Thor Industries’s dividend payout ratio (DPR) is currently 64.60%.

Insider Buying and Selling at Thor Industries

In related news, COO W. Todd Woelfer sold 4,567 shares of the company’s 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 completion of the transaction, the chief operating officer directly owned 104,109 shares of the company’s stock, valued at approximately $11,955,877.56. This represents a 4.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Peter Busch Orthwein bought 2,600 shares of Thor Industries stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average cost of $88.25 per share, with a total value of $229,450.00. Following the completion of the purchase, the director owned 139,000 shares in the company, valued at approximately $12,266,750. This trade represents a 1.91% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders own 4.70% of the company’s stock.

Hedge Funds Weigh In On Thor Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. ACR Alpine Capital Research LLC boosted its stake in Thor Industries by 0.7% in the 4th quarter. ACR Alpine Capital Research LLC now owns 4,133,782 shares of the RV manufacturer’s stock worth $424,415,000 after purchasing an additional 26,712 shares during the period. Dimensional Fund Advisors LP boosted its stake in Thor Industries by 1.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,050,494 shares of the RV manufacturer’s stock worth $313,201,000 after purchasing an additional 48,157 shares during the period. Life Cycle Investment Partners Ltd acquired a new position in Thor Industries in the 4th quarter worth $255,482,000. Capital Research Global Investors boosted its stake in Thor Industries by 3.2% in the 4th quarter. Capital Research Global Investors now owns 1,581,876 shares of the RV manufacturer’s stock worth $162,411,000 after purchasing an additional 48,466 shares during the period. Finally, American Century Companies Inc. boosted its stake in Thor Industries by 16.7% in the 3rd quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock worth $141,233,000 after purchasing an additional 195,357 shares during the period. 96.71% of the stock is owned by institutional investors and hedge funds.

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.