Vanguard Group Inc. Sells 113,078 Shares of Thor Industries, Inc. $THO

Vanguard Group Inc. decreased its position in shares of Thor Industries, Inc. (NYSE:THO) by 2.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,224,225 shares of the RV manufacturer’s stock after selling 113,078 shares during the quarter. Vanguard Group Inc. owned about 0.10% of Thor Industries worth $536,371,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of THO. American Century Companies Inc. increased its holdings in shares of Thor Industries by 16.7% during the third quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock valued at $141,233,000 after acquiring an additional 195,357 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Thor Industries by 156.9% during the third quarter. Bank of America Corp DE now owns 62,615 shares of the RV manufacturer’s stock valued at $6,493,000 after acquiring an additional 172,575 shares in the last quarter. Gotham Asset Management LLC grew its holdings in Thor Industries by 42.3% during the third quarter. Gotham Asset Management LLC now owns 381,095 shares of the RV manufacturer’s stock worth $39,516,000 after buying an additional 113,297 shares in the last quarter. Arrowstreet Capital Limited Partnership bought a new stake in Thor Industries during the third quarter worth $8,725,000. Finally, Man Group plc grew its holdings in Thor Industries by 378.0% during the third quarter. Man Group plc now owns 77,622 shares of the RV manufacturer’s stock worth $8,049,000 after buying an additional 61,384 shares in the last quarter. Institutional investors own 96.71% of the company’s stock.

Thor Industries Stock Down 5.7%

THO stock opened at $73.71 on Tuesday. The stock’s fifty day simple moving average is $83.76 and its two-hundred day simple moving average is $99.32. The company has a current ratio of 1.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20. The stock has a market cap of $3.88 billion, a P/E ratio of 22.89, a P/E/G ratio of 1.56 and a beta of 1.34. Thor Industries, Inc. has a 1-year low of $73.29 and a 1-year high of $122.83.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.31. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The business had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter last year, the company posted ($0.01) earnings per share. The firm’s quarterly revenue was up 5.3% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Analysts expect that Thor Industries, Inc. will post 3.75 EPS for the current year.

Thor Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 20th. Shareholders of record on Monday, April 6th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Monday, April 6th. Thor Industries’s payout ratio is presently 64.60%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the company. Seaport Research Partners assumed coverage on Thor Industries in a report on Monday, April 20th. They set a “neutral” rating for the company. Loop Capital set a $133.00 price target on Thor Industries in a report on Tuesday, January 13th. BMO Capital Markets decreased their price target on Thor Industries from $125.00 to $120.00 and set an “outperform” rating for the company in a report on Friday, April 17th. Weiss Ratings reiterated a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, January 21st. Finally, BNP Paribas Exane assumed coverage on Thor Industries in a report on Monday, April 20th. They set a “neutral” rating for the company. Three equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, Thor Industries has a consensus rating of “Hold” and a consensus target price of $105.60.

Insiders Place Their Bets

In related news, Director Peter Busch Orthwein bought 2,600 shares of the company’s stock in a transaction on Friday, March 6th. The shares were purchased at an average cost of $88.25 per share, for a total transaction of $229,450.00. Following the completion of the purchase, the director directly owned 139,000 shares in the company, valued at $12,266,750. The trade was a 1.91% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. 4.70% of the stock is currently owned by insiders.

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.