Fieldview Capital Management LLC Reduces Stock Holdings in Thor Industries, Inc. $THO

Fieldview Capital Management LLC cut its stake in shares of Thor Industries, Inc. (NYSE:THO) by 62.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 10,554 shares of the RV manufacturer’s stock after selling 17,835 shares during the period. Fieldview Capital Management LLC’s holdings in Thor Industries were worth $1,094,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of THO. Jones Financial Companies Lllp lifted its position in shares of Thor Industries by 433.3% during the first quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock worth $535,000 after purchasing an additional 5,737 shares in the last quarter. United Services Automobile Association purchased a new position in shares of Thor Industries in the first quarter valued at $269,000. Empowered Funds LLC acquired a new stake in Thor Industries during the 1st quarter valued at $1,177,000. Focus Partners Wealth acquired a new stake in Thor Industries during the 1st quarter valued at $255,000. Finally, ProShare Advisors LLC increased its stake in Thor Industries by 49.4% during the 2nd quarter. ProShare Advisors LLC now owns 454,779 shares of the RV manufacturer’s stock worth $40,389,000 after buying an additional 150,391 shares during the period. Institutional investors and hedge funds own 96.71% of the company’s stock.

Thor Industries Trading Down 0.4%

THO opened at $86.00 on Tuesday. The stock has a market capitalization of $4.52 billion, a PE ratio of 27.13, a P/E/G ratio of 1.64 and a beta of 1.44. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.76 and a quick ratio of 0.73. Thor Industries, Inc. has a 12-month low of $63.15 and a 12-month high of $122.83. The firm’s fifty day moving average price is $109.37 and its 200 day moving average price is $106.58.

Thor Industries (NYSE:THO) last announced its quarterly earnings data on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.31. The company had revenue of $2.13 billion during the quarter, compared to analyst estimates of $1.96 billion. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period last year, the business earned ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, research 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 was paid on Monday, January 19th. Investors of record on Monday, January 5th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date was Monday, January 5th. Thor Industries’s dividend payout ratio (DPR) is 65.62%.

Wall Street Analyst Weigh In

A number of equities analysts have commented on THO shares. Truist Financial boosted their price objective on shares of Thor Industries from $110.00 to $112.00 and gave the stock a “hold” rating in a report on Tuesday, December 9th. UBS Group set a $97.00 target price on Thor Industries in a research report on Thursday, December 4th. Loop Capital set a $133.00 price target on Thor Industries in a research note on Tuesday, January 13th. Robert W. Baird increased their price target on Thor Industries from $110.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Thor Industries in a research note on Wednesday, January 21st. Three research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $106.40.

Insider Activity

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of the company’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 transaction of $524,474.28. Following the sale, the chief operating officer owned 104,109 shares in the company, valued at $11,955,877.56. This represents a 4.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Peter Busch Orthwein bought 2,600 shares of Thor Industries stock in a transaction on Friday, March 6th. The shares were purchased at an average cost of $88.25 per share, for a total transaction of $229,450.00. Following the acquisition, the director owned 139,000 shares in the company, valued at $12,266,750. The trade was a 1.91% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 4.70% of the stock is owned by insiders.

Thor Industries 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.