Shares of Thor Industries Inc. (NYSE:THO) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $71.32 and last traded at $71.27, with a volume of 414,935 shares. The stock had previously closed at $69.89.

A number of analysts have recently issued reports on THO shares. Zacks Investment Research upgraded shares of Thor Industries from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a report on Friday, March 11th. Citigroup Inc. lifted their target price on shares of Thor Industries from $53.00 to $60.00 and gave the company a “buy” rating in a report on Thursday, March 24th. Wunderlich lifted their target price on shares of Thor Industries from $70.00 to $80.00 and gave the company a “buy” rating in a report on Tuesday, June 7th. Wellington Shields upgraded shares of Thor Industries from a “hold” rating to a “gradually accumulate” rating in a report on Monday, June 27th. Finally, BMO Capital Markets downgraded shares of Thor Industries from an “outperform” rating to a “market perform” rating and dropped their target price for the company from $72.00 to $67.00 in a report on Wednesday, June 8th. They noted that the move was a valuation call. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Thor Industries presently has a consensus rating of “Buy” and an average price target of $69.60.

The company has a 50-day moving average of $65.16 and a 200-day moving average of $59.58. The firm has a market capitalization of $3.73 billion and a price-to-earnings ratio of 15.44.

Thor Industries (NYSE:THO) last announced its quarterly earnings results on Monday, June 6th. The company reported $1.51 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.08. The business earned $1.28 billion during the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the company earned $1.19 EPS. The firm’s revenue for the quarter was up 9.3% on a year-over-year basis. Analysts forecast that Thor Industries Inc. will post $4.68 EPS for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 28th. Investors of record on Monday, June 20th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 1.72%. The ex-dividend date was Thursday, June 16th.

Several institutional investors have recently made changes to their positions in the stock. Boston Partners increased its position in shares of Thor Industries by 13.4% in the fourth quarter. Boston Partners now owns 1,897,711 shares of the company’s stock valued at $106,556,000 after buying an additional 224,174 shares during the last quarter. Victory Capital Management Inc. increased its position in shares of Thor Industries by 8.7% in the fourth quarter. Victory Capital Management Inc. now owns 1,476,956 shares of the company’s stock valued at $82,931,000 after buying an additional 117,850 shares during the last quarter. Dimensional Fund Advisors LP increased its position in shares of Thor Industries by 4.7% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,255,413 shares of the company’s stock valued at $70,494,000 after buying an additional 56,080 shares during the last quarter. First Trust Advisors LP increased its position in shares of Thor Industries by 59.0% in the fourth quarter. First Trust Advisors LP now owns 322,093 shares of the company’s stock valued at $18,086,000 after buying an additional 119,576 shares during the last quarter. Finally, New York State Common Retirement Fund increased its position in shares of Thor Industries by 7.3% in the fourth quarter. New York State Common Retirement Fund now owns 230,278 shares of the company’s stock valued at $12,930,000 after buying an additional 15,710 shares during the last quarter.

Thor Industries, Inc (Thor), manufactures and sells various recreational vehicles (RV) throughout the United States and Canada, as well as related parts and accessories. The principal types of The Company’s towable recreational vehicles that the Company produces include conventional travel trailers and fifth wheels.

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