New York State Common Retirement Fund Sells 13,875 Shares of Thor Industries, Inc. $THO

New York State Common Retirement Fund cut its position in Thor Industries, Inc. (NYSE:THO) by 15.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 76,879 shares of the RV manufacturer’s stock after selling 13,875 shares during the period. New York State Common Retirement Fund owned 0.15% of Thor Industries worth $7,972,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Vanguard Personalized Indexing Management LLC raised its stake in shares of Thor Industries by 4.5% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 5,623 shares of the RV manufacturer’s stock worth $583,000 after purchasing an additional 241 shares during the last quarter. First Citizens Bank & Trust Co. raised its position in Thor Industries by 5.3% in the 3rd quarter. First Citizens Bank & Trust Co. now owns 8,969 shares of the RV manufacturer’s stock valued at $930,000 after buying an additional 453 shares during the last quarter. PFG Investments LLC purchased a new position in Thor Industries during the 3rd quarter worth $202,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Thor Industries in the 3rd quarter worth $221,000. Finally, Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of Thor Industries in the 3rd quarter worth $174,000. 96.71% of the stock is owned by institutional investors and hedge funds.

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 transaction of $524,474.28. Following the completion of 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 position. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 4.70% of the company’s stock.

Thor Industries Stock Up 1.7%

THO opened at $120.22 on Thursday. The firm has a market capitalization of $6.35 billion, a P/E ratio of 37.92, a price-to-earnings-growth ratio of 2.17 and a beta of 1.41. Thor Industries, Inc. has a one year low of $63.15 and a one year high of $121.00. The company has a fifty day moving average price of $108.47 and a 200-day moving average price of $105.17. 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 analysts’ consensus estimates of ($0.11) by $0.52. The business 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%. During the same period last year, the firm posted ($0.03) earnings per share. Thor Industries’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. Equities research analysts expect that Thor Industries, Inc. will post 4.64 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The business also recently disclosed 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 was Monday, January 5th. This represents a $2.08 annualized dividend and a yield of 1.7%. Thor Industries’s payout ratio is presently 65.62%.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on THO shares. Citigroup increased their price objective on shares of Thor Industries from $108.00 to $116.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Wall Street Zen upgraded Thor Industries from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Truist Financial boosted their price objective on Thor Industries from $110.00 to $112.00 and gave the stock a “hold” rating in a research report on Tuesday, December 9th. Benchmark reaffirmed a “hold” rating on shares of Thor Industries in a research report on Tuesday, December 2nd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, January 21st. Three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $107.20.

About Thor Industries

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.