Capital Advisors Ltd. LLC increased its stake in Thor Industries, Inc. (NYSE:THO – Free Report) by 39,500.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 20,988 shares of the RV manufacturer’s stock after purchasing an additional 20,935 shares during the period. Capital Advisors Ltd. LLC’s holdings in Thor Industries were worth $2,155,000 as of its most recent filing with the SEC.
A number of other hedge funds also recently modified their holdings of THO. American Century Companies Inc. increased its position in shares of Thor Industries by 16.7% in the third 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. Bank of America Corp DE increased its position in shares of Thor Industries by 156.9% in the third quarter. Bank of America Corp DE now owns 62,615 shares of the RV manufacturer’s stock worth $6,493,000 after purchasing an additional 172,575 shares during the period. Gotham Asset Management LLC boosted its stake in Thor Industries by 42.3% in the third quarter. Gotham Asset Management LLC now owns 381,095 shares of the RV manufacturer’s stock valued at $39,516,000 after buying an additional 113,297 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new stake in Thor Industries in the third quarter valued at about $8,725,000. Finally, Maple Rock Capital Partners Inc. boosted its stake in Thor Industries by 53.8% in the second quarter. Maple Rock Capital Partners Inc. now owns 183,664 shares of the RV manufacturer’s stock valued at $16,311,000 after buying an additional 64,209 shares in the last quarter. Institutional investors own 96.71% of the company’s stock.
Insider Transactions at Thor Industries
In other news, Director Peter Busch Orthwein purchased 2,600 shares of the business’s stock in a transaction dated Friday, March 6th. The shares were purchased 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 of the company’s stock, valued at $12,266,750. This trade represents a 1.91% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. Also, COO W. Todd Woelfer sold 4,567 shares of Thor Industries stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $114.84, for a total value 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. The trade was a 4.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 4.70% of the company’s stock.
Thor Industries Stock Performance
Thor Industries (NYSE:THO – Get Free Report) last announced its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.31. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The firm had revenue of $2.13 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same period last year, the firm posted ($0.01) earnings per share. The business’s revenue for the quarter was up 5.3% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Equities research analysts forecast that Thor Industries, Inc. will post 4.64 EPS for the current year.
Thor Industries Dividend Announcement
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 paid 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 presently 64.60%.
Analyst Upgrades and Downgrades
Several analysts recently weighed in on the company. BMO Capital Markets reduced their price objective on Thor Industries from $135.00 to $125.00 and set an “outperform” rating on the stock in a research note on Wednesday, March 4th. Citigroup reduced their price objective on Thor Industries from $116.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 4th. Wall Street Zen lowered Thor Industries from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. DA Davidson reduced their price objective on Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 4th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Thor Industries in a research note on Wednesday, January 21st. Three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $106.10.
Read Our Latest Stock Analysis on THO
Thor Industries 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.
See Also
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