Pacer Advisors Inc. Has $25.09 Million Position in Thor Industries, Inc. $THO

Pacer Advisors Inc. decreased its holdings in shares of Thor Industries, Inc. (NYSE:THO) by 30.2% in the 3rd quarter, HoldingsChannel reports. The firm owned 241,925 shares of the RV manufacturer’s stock after selling 104,618 shares during the period. Pacer Advisors Inc.’s holdings in Thor Industries were worth $25,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northern Trust Corp raised its position in shares of Thor Industries by 2.7% in the first quarter. Northern Trust Corp now owns 503,036 shares of the RV manufacturer’s stock valued at $38,135,000 after purchasing an additional 13,172 shares during the period. Hsbc Holdings PLC grew its stake in Thor Industries by 4.3% in the 1st quarter. Hsbc Holdings PLC now owns 6,570 shares of the RV manufacturer’s stock valued at $498,000 after buying an additional 269 shares during the last quarter. Smartleaf Asset Management LLC raised its holdings in Thor Industries by 336.1% in the 1st quarter. Smartleaf Asset Management LLC now owns 785 shares of the RV manufacturer’s stock valued at $61,000 after acquiring an additional 605 shares during the period. Freedom Investment Management Inc. raised its holdings in Thor Industries by 20.9% in the 1st quarter. Freedom Investment Management Inc. now owns 2,904 shares of the RV manufacturer’s stock valued at $220,000 after acquiring an additional 502 shares during the period. Finally, Landscape Capital Management L.L.C. lifted its position in Thor Industries by 300.8% during the first quarter. Landscape Capital Management L.L.C. now owns 30,691 shares of the RV manufacturer’s stock worth $2,327,000 after acquiring an additional 23,033 shares during the last quarter. 96.71% of the stock is owned by institutional investors.

Thor Industries Stock Performance

THO opened at $106.19 on Friday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 1.81. Thor Industries, Inc. has a 52-week low of $63.15 and a 52-week high of $117.09. The firm has a market cap of $5.61 billion, a P/E ratio of 33.50, a price-to-earnings-growth ratio of 1.95 and a beta of 1.32. The business’s fifty day moving average is $103.91 and its 200-day moving average is $100.78.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.52. Thor Industries had a net margin of 2.87% and a return on equity of 7.05%. The business had revenue of $2.39 million during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter in the prior year, the business posted ($0.03) earnings per share. Thor Industries’s revenue was up 11.5% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Sell-side analysts expect that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 19th. Investors of record on Monday, January 5th will be given a dividend of $0.52 per share. The ex-dividend date is Monday, January 5th. This represents a $2.08 annualized dividend and a dividend yield of 2.0%. Thor Industries’s dividend payout ratio (DPR) is currently 65.62%.

Insider Transactions at Thor Industries

In other Thor Industries news, COO W. Todd Woelfer sold 1,729 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $103.15, for a total transaction of $178,346.35. Following the completion of the transaction, the chief operating officer directly owned 112,680 shares in the company, valued at $11,622,942. The trade was a 1.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 4.70% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on THO. Robert W. Baird increased their target price on Thor Industries from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. UBS Group set a $97.00 price objective on Thor Industries in a research report on Thursday, December 4th. Truist Financial lifted their target price on Thor Industries from $110.00 to $112.00 and gave the stock a “hold” rating in a report on Tuesday, December 9th. Zacks Research downgraded shares of Thor Industries from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 3rd. Finally, Raymond James Financial raised shares of Thor Industries from an “underperform” rating to a “market perform” rating in a research report on Monday, October 27th. Two research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $104.10.

Thor Industries Company 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.