Thor Industries (NYSE:THO) Stock Rating Lowered by Wall Street Zen

Thor Industries (NYSE:THO) was downgraded by investment analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a research report issued on Saturday.

A number of other research analysts also recently issued reports on the stock. Robert W. Baird increased their target price on shares of Thor Industries from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Benchmark reaffirmed a “hold” rating on shares of Thor Industries in a research note on Wednesday. Zacks Research raised shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st. BMO Capital Markets dropped their price objective on shares of Thor Industries from $135.00 to $125.00 and set an “outperform” rating on the stock in a report on Wednesday, March 4th. Finally, Roth Mkm increased their price objective on shares of Thor Industries from $93.00 to $97.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Three 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, Thor Industries has a consensus rating of “Hold” and an average price target of $106.40.

Thor Industries Trading Down 4.3%

Shares of THO stock opened at $86.39 on Friday. The company has a market cap of $4.54 billion, a P/E ratio of 27.25, a PEG ratio of 1.64 and a beta of 1.44. The stock has a 50 day simple moving average of $109.74 and a two-hundred day simple moving average of $106.71. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. Thor Industries has a fifty-two week low of $63.15 and a fifty-two week high of $122.83.

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

Insiders Place Their Bets

In other Thor Industries 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 transaction, the chief operating officer owned 104,109 shares in the company, valued at approximately $11,955,877.56. This represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 4.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Parallel Advisors LLC increased its position in shares of Thor Industries by 16.9% during the fourth quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock worth $64,000 after acquiring an additional 90 shares in the last quarter. Kingsview Wealth Management LLC lifted its position in Thor Industries by 3.9% in the 3rd quarter. Kingsview Wealth Management LLC now owns 2,659 shares of the RV manufacturer’s stock valued at $276,000 after acquiring an additional 99 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Thor Industries by 1.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock valued at $539,000 after purchasing an additional 99 shares during the last quarter. Country Trust Bank boosted its stake in 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 purchasing an additional 100 shares during the last quarter. Finally, Cibc World Market Inc. increased its holdings in Thor Industries by 0.7% during the 3rd quarter. Cibc World Market Inc. now owns 14,773 shares of the RV manufacturer’s stock worth $1,532,000 after purchasing an additional 104 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.

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.