Sanctuary Advisors LLC Makes New Investment in Thor Industries, Inc. $THO

Sanctuary Advisors LLC bought a new stake in shares of Thor Industries, Inc. (NYSE:THO) during the 2nd quarter, HoldingsChannel reports. The firm bought 10,622 shares of the RV manufacturer’s stock, valued at approximately $798,000.

A number of other large investors also recently made changes to their positions in the business. Kingsview Wealth Management LLC lifted its holdings in Thor Industries by 955.2% during the 4th quarter. Kingsview Wealth Management LLC now owns 28,057 shares of the RV manufacturer’s stock worth $2,881,000 after buying an additional 25,398 shares during the period. Capital Research Global Investors increased its stake in shares of Thor Industries by 3.2% in the fourth quarter. Capital Research Global Investors now owns 1,581,876 shares of the RV manufacturer’s stock valued at $162,411,000 after buying an additional 48,466 shares during the period. Edgestream Partners L.P. raised its position in shares of Thor Industries by 133.0% during the first quarter. Edgestream Partners L.P. now owns 26,816 shares of the RV manufacturer’s stock worth $2,142,000 after acquiring an additional 15,309 shares during the last quarter. M&T Bank Corp bought a new position in shares of Thor Industries during the fourth quarter worth about $1,025,000. Finally, ACR Alpine Capital Research LLC lifted its stake in shares of Thor Industries by 0.7% in the fourth quarter. ACR Alpine Capital Research LLC now owns 4,133,782 shares of the RV manufacturer’s stock worth $424,415,000 after acquiring an additional 26,712 shares during the period. Institutional investors and hedge funds own 96.71% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on THO shares. BMO Capital Markets reduced their target price on Thor Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, June 4th. Citigroup dropped their price target 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. Bank of America reduced their price objective on shares of Thor Industries from $120.00 to $96.00 and set a “buy” rating on the stock in a research note on Thursday, June 4th. DA Davidson decreased their price objective on shares of Thor Industries from $100.00 to $80.00 and set a “neutral” rating for the company in a research report on Monday, June 15th. Finally, Benchmark reissued a “hold” rating on shares of Thor Industries in a research note on Friday, June 12th. Three investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat.com, Thor Industries presently has a consensus rating of “Hold” and a consensus target price of $92.33.

Thor Industries Price Performance

Thor Industries stock opened at $77.01 on Friday. The stock has a market capitalization of $4.01 billion, a price-to-earnings ratio of 33.34, a PEG ratio of 1.48 and a beta of 1.33. Thor Industries, Inc. has a 52-week low of $69.71 and a 52-week high of $122.83. The stock’s 50 day moving average price is $76.88 and its two-hundred day moving average price is $81.58. 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 (NYSE:THO) last announced its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 EPS for the quarter, missing the consensus estimate of $1.88 by ($0.02). The company had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The business’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same period last year, the business earned $2.53 EPS. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. On average, equities analysts predict that Thor Industries, Inc. will post 3.22 earnings per share for the current year.

Thor Industries Announces Dividend

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

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.