Illinois Municipal Retirement Fund Cuts Stock Position in Thor Industries, Inc. $THO

Illinois Municipal Retirement Fund cut its position in Thor Industries, Inc. (NYSE:THO) by 24.8% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,368 shares of the RV manufacturer’s stock after selling 6,061 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Thor Industries were worth $1,905,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of THO. BNP Paribas Financial Markets raised its stake in shares of Thor Industries by 1.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock worth $539,000 after acquiring an additional 99 shares in the last quarter. Country Trust Bank grew its holdings in Thor Industries by 50.0% in the second quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. Cibc World Market Inc. increased its position in shares of Thor Industries by 0.7% during the third quarter. Cibc World Market Inc. now owns 14,773 shares of the RV manufacturer’s stock worth $1,532,000 after purchasing an additional 104 shares in the last quarter. CANADA LIFE ASSURANCE Co increased its position in shares of Thor Industries by 0.3% during the second quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock worth $3,089,000 after purchasing an additional 104 shares in the last quarter. Finally, HighPoint Advisor Group LLC lifted its holdings in shares of Thor Industries by 4.7% during the 3rd quarter. HighPoint Advisor Group LLC now owns 2,588 shares of the RV manufacturer’s stock valued at $268,000 after purchasing an additional 115 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of the business’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $114.84, for a total value of $524,474.28. Following the completion of the transaction, the chief operating officer directly owned 104,109 shares of the company’s stock, valued at approximately $11,955,877.56. The trade was a 4.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 4.70% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently issued reports on THO shares. Truist Financial upped their target price on Thor Industries from $110.00 to $112.00 and gave the company a “hold” rating in a research report on Tuesday, December 9th. Benchmark restated a “hold” rating on shares of Thor Industries in a report on Tuesday, December 2nd. Citigroup increased their price objective on shares of Thor Industries from $108.00 to $116.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Loop Capital set a $133.00 price target on shares of Thor Industries in a research note on Tuesday, January 13th. Finally, Robert W. Baird lifted their price objective on shares of Thor Industries from $110.00 to $115.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Three research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $107.20.

Thor Industries Stock Up 1.1%

THO stock opened at $114.78 on Tuesday. The company has a market capitalization of $6.06 billion, a P/E ratio of 36.21, a price-to-earnings-growth ratio of 2.10 and a beta of 1.40. Thor Industries, Inc. has a 12 month low of $63.15 and a 12 month high of $122.83. The firm’s fifty day simple moving average is $110.56 and its 200-day simple moving average is $106.58. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.81 and a quick ratio of 0.83.

Thor Industries (NYSE:THO) last issued its earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share (EPS) 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 firm had revenue of $2.39 million during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter last year, the company posted ($0.03) earnings per share. The firm’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. As a group, equities research analysts forecast that Thor Industries, Inc. will post 4.64 earnings per share for the current year.

Thor Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 19th. Investors of record on Monday, January 5th were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Monday, January 5th. Thor Industries’s dividend payout ratio (DPR) is 65.62%.

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.