Callan Family Office LLC Invests $1.05 Million in Thor Industries, Inc. $THO

Callan Family Office LLC purchased a new stake in Thor Industries, Inc. (NYSE:THO) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 14,027 shares of the RV manufacturer’s stock, valued at approximately $1,054,000.

A number of other hedge funds have also recently bought and sold shares of THO. Parallel Advisors LLC grew its position in shares of Thor Industries by 16.9% during the 4th quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock worth $64,000 after buying an additional 90 shares during the period. BNP Paribas Financial Markets increased its position in shares of Thor Industries by 1.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock valued at $539,000 after buying an additional 99 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in shares of Thor Industries by 0.3% in the second quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock worth $3,089,000 after acquiring an additional 104 shares in the last quarter. CWM LLC increased its stake in Thor Industries by 18.9% during the 4th quarter. CWM LLC now owns 794 shares of the RV manufacturer’s stock worth $82,000 after purchasing an additional 126 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its holdings in shares of Thor Industries by 5.9% during the fourth quarter. Benjamin Edwards Inc. now owns 2,435 shares of the RV manufacturer’s stock worth $250,000 after acquiring an additional 136 shares during the period. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Price Performance

Shares of NYSE THO opened at $79.49 on Tuesday. The firm’s 50-day moving average price is $76.50 and its 200-day moving average price is $82.50. The firm has a market capitalization of $4.14 billion, a P/E ratio of 34.41, a P/E/G ratio of 1.55 and a beta of 1.33. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20. Thor Industries, Inc. has a 1-year low of $69.71 and a 1-year high of $122.83.

Thor Industries (NYSE:THO) last issued its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The business had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. During the same quarter in the prior year, the business earned $2.53 earnings per share. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Equities research analysts anticipate that Thor Industries, Inc. will post 3.22 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Wednesday, July 1st. Thor Industries’s payout ratio is 90.04%.

Analysts Set New Price Targets

A number of brokerages have recently commented on THO. Citigroup cut their price objective on shares of Thor Industries from $80.00 to $79.00 and set a “neutral” rating on the stock in a research report on Friday, July 24th. Weiss Ratings downgraded Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Bank of America reduced their target price on shares of Thor Industries from $120.00 to $96.00 and set a “buy” rating for the company in a report on Thursday, June 4th. Argus raised Thor Industries to a “hold” rating in a report on Friday, June 12th. Finally, Loop Capital raised their target price on shares of Thor Industries from $90.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Three equities research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $92.33.

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.