Caprock Group LLC Takes $681,000 Position in Thor Industries, Inc. $THO

Caprock Group LLC purchased a new position in shares of Thor Industries, Inc. (NYSE:THO) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 6,213 shares of the RV manufacturer’s stock, valued at approximately $681,000.

Other large investors have also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its position in Thor Industries by 1.7% during the second quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock worth $539,000 after acquiring an additional 99 shares during 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 worth $27,000 after purchasing an additional 100 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its position in shares of Thor Industries by 0.3% during the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock worth $3,089,000 after purchasing an additional 104 shares during the last quarter. HighPoint Advisor Group LLC lifted its stake in Thor Industries by 4.7% in the 3rd quarter. HighPoint Advisor Group LLC now owns 2,588 shares of the RV manufacturer’s stock valued at $268,000 after buying an additional 115 shares in the last quarter. Finally, Fullcircle Wealth LLC grew its holdings in Thor Industries by 1.4% during the 2nd quarter. Fullcircle Wealth LLC now owns 9,713 shares of the RV manufacturer’s stock valued at $906,000 after buying an additional 130 shares during the last quarter. 96.71% of the stock is 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 the business’s stock in a transaction that occurred 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. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 4.70% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on THO shares. Truist Financial boosted their price target on Thor Industries from $110.00 to $112.00 and gave the stock a “hold” rating in a report on Tuesday, December 9th. Loop Capital set a $133.00 price objective on Thor Industries in a research report on Tuesday, January 13th. Benchmark restated a “hold” rating on shares of Thor Industries in a report on Tuesday, December 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, January 21st. Finally, UBS Group set a $97.00 price objective on shares of Thor Industries in a research note on Thursday, December 4th. Three equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $107.20.

Thor Industries Stock Up 1.1%

Shares of NYSE THO opened at $114.78 on Tuesday. The stock has a market capitalization of $6.06 billion, a PE ratio of 36.21, a P/E/G ratio of 2.10 and a beta of 1.40. The company has a quick ratio of 0.83, a current ratio of 1.81 and a debt-to-equity ratio of 0.21. The firm has a fifty day moving average of $110.56 and a 200-day moving average of $106.58. Thor Industries, Inc. has a 52-week low of $63.15 and a 52-week high of $122.83.

Thor Industries (NYSE:THO) last issued 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. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.The firm had revenue of $2.39 million for the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter last year, the firm earned ($0.03) earnings per share. The firm’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. On average, analysts anticipate that Thor Industries, Inc. will post 4.64 EPS for the current year.

Thor Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, January 19th. Investors of record on Monday, January 5th were issued a $0.52 dividend. 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 (DPR) is presently 65.62%.

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.