Thor Industries (NYSE:THO) Price Target Lowered to $100.00 at DA Davidson

Thor Industries (NYSE:THO) had its price objective lowered by DA Davidson from $102.00 to $100.00 in a report released on Wednesday morning,Benzinga reports. The brokerage currently has a neutral rating on the RV manufacturer’s stock.

A number of other equities research analysts also recently issued reports on THO. Roth Mkm upped their price target on shares of Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Wall Street Zen upgraded shares of Thor Industries from a “hold” rating to a “buy” rating in a report on Saturday, January 17th. Benchmark restated a “hold” rating on shares of Thor Industries in a research report on Wednesday. Robert W. Baird lifted their price target on Thor Industries from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Thor Industries in a research report on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, Thor Industries has an average rating of “Hold” and a consensus price target of $106.40.

Thor Industries Price Performance

NYSE:THO opened at $90.73 on Wednesday. The company has a current ratio of 1.76, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $4.79 billion, a P/E ratio of 28.62, a P/E/G ratio of 1.67 and a beta of 1.43. Thor Industries has a 12 month low of $63.15 and a 12 month high of $122.83. The business’s 50-day moving average is $110.45 and its 200 day moving average is $106.96.

Thor Industries (NYSE:THO) last released its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.31. The business had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $1.96 billion. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same quarter last year, the business posted ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, equities research analysts forecast that Thor Industries will post 4.64 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The firm also recently disclosed 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. The ex-dividend date was Monday, January 5th. This represents a $2.08 dividend on an annualized basis and a yield of 2.3%. Thor Industries’s payout ratio is presently 65.62%.

Insiders Place Their Bets

In other news, COO W. Todd Woelfer sold 4,567 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total transaction of $524,474.28. Following the completion of the sale, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. 4.70% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Thor Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in THO. Hantz Financial Services Inc. grew its stake in Thor Industries by 2,463.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock worth $25,000 after acquiring an additional 271 shares in the last quarter. Country Trust Bank boosted its holdings in shares of Thor Industries by 50.0% in the second quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock valued at $27,000 after purchasing an additional 100 shares during the period. Foster Dykema Cabot & Partners LLC bought a new position in Thor Industries in the third quarter worth approximately $27,000. V Square Quantitative Management LLC bought a new position in Thor Industries in the fourth quarter worth approximately $29,000. Finally, MAI Capital Management increased its holdings in Thor Industries by 174.8% during the 2nd quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock worth $33,000 after purchasing an additional 236 shares during the period. Institutional investors own 96.71% of the company’s stock.

More Thor Industries News

Here are the key news stories impacting Thor Industries this week:

• Positive Sentiment: Q2 beat on both EPS and revenue — Thor reported $0.34 EPS vs. Street ~ $0.03 and revenue of $2.13B (up 5.3% y/y), driven by motorized RV strength and higher adjusted EBITDA. This is the primary driver of the intraday uptick. THOR INDUSTRIES ANNOUNCES FISCAL 2026 SECOND QUARTER RESULTS
• Positive Sentiment: BMO keeps an Outperform view despite trimming its target to $125 — the call signals continued analyst confidence in a longer-term recovery/upswing in THO shares. BMO target cut to $125 / TickerReport
• Neutral Sentiment: Several banks lowered price targets to $100 and set Neutral ratings (DA Davidson, Citi). Those moves reduce near-term upside expectations but still leave modest room above current levels. Analyst price target updates (Benzinga)
• Negative Sentiment: Management warned of a “cloudy” consumer outlook and flagged risks from new tariff measures, inflation and the Middle East conflict — these macro risks could depress demand or margins going forward. RV Maker Thor Warns of Cloudy Consumer Outlook (WSJ)
• Negative Sentiment: Margins squeezed in Q2: towable RV and European margins remain under pressure even as motorized RVs performed well — margin risk is the main operational red flag. Margins squeeze story (Benzinga)
• Negative Sentiment: Guidance held but is slightly below Street expectations (FY26 EPS guide 3.75–4.25 vs. consensus ~4.19; revenue guide $9.0–9.5B vs. consensus ~9.6B), which caps upside until execution is proven. Guidance below consensus (Investing.com)

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.