Caxton Associates LLP Buys New Position in Thor Industries, Inc. $THO

Caxton Associates LLP bought a new stake in shares of Thor Industries, Inc. (NYSE:THO) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 9,752 shares of the RV manufacturer’s stock, valued at approximately $779,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of THO. V Square Quantitative Management LLC purchased a new stake in shares of Thor Industries during the 4th quarter valued at $29,000. Curio Wealth LLC purchased a new position in Thor Industries in the fourth quarter worth $36,000. Danske Bank A S purchased a new position in Thor Industries in the third quarter worth $41,000. eCIO Inc. bought a new position in Thor Industries in the fourth quarter valued at $49,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Thor Industries in the fourth quarter valued at $51,000. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Analyst Ratings Changes

THO has been the topic of a number of research reports. Bank of America lowered their price target on Thor Industries from $120.00 to $96.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Seaport Research Partners began coverage on Thor Industries in a report on Monday, April 20th. They issued a “neutral” rating for the company. Wall Street Zen lowered Thor Industries from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. BNP Paribas Exane began coverage on Thor Industries in a report on Monday, April 20th. They set a “neutral” rating on the stock. Finally, Benchmark restated a “hold” rating on shares of Thor Industries in a research report on Friday, June 12th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $92.33.

Thor Industries Price Performance

THO stock opened at $76.78 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71. Thor Industries, Inc. has a 52 week low of $69.71 and a 52 week high of $122.83. The firm’s fifty day moving average is $75.81 and its 200 day moving average is $87.62. The firm has a market cap of $4.00 billion, a P/E ratio of 33.24, a P/E/G ratio of 2.03 and a beta of 1.33.

Thor Industries (NYSE:THO) last issued its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). The business had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.67 billion. Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.Thor Industries’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.53 EPS. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Research analysts predict that Thor Industries, Inc. will post 3.2 earnings per share for the current year.

Thor Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a $0.52 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. Thor Industries’s payout ratio is currently 90.04%.

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.