Thor Industries, Inc. $THO Stock Holdings Trimmed by Madison Asset Management LLC

Madison Asset Management LLC lessened its holdings in shares of Thor Industries, Inc. (NYSE:THO) by 5.3% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,043,703 shares of the RV manufacturer’s stock after selling 58,485 shares during the quarter. Thor Industries comprises approximately 1.2% of Madison Asset Management LLC’s holdings, making the stock its 21st largest position. Madison Asset Management LLC’s holdings in Thor Industries were worth $107,157,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. American Century Companies Inc. increased its position in shares of Thor Industries by 16.7% during the 3rd quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock valued at $141,233,000 after purchasing an additional 195,357 shares during the period. Bank of America Corp DE raised its holdings in Thor Industries by 156.9% during the 3rd quarter. Bank of America Corp DE now owns 62,615 shares of the RV manufacturer’s stock worth $6,493,000 after buying an additional 172,575 shares during the period. Gotham Asset Management LLC lifted its position in shares of Thor Industries by 42.3% in the 3rd quarter. Gotham Asset Management LLC now owns 381,095 shares of the RV manufacturer’s stock valued at $39,516,000 after acquiring an additional 113,297 shares in the last quarter. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Thor Industries in the third quarter valued at $8,725,000. Finally, Man Group plc grew its stake in Thor Industries by 378.0% during the 3rd quarter. Man Group plc now owns 77,622 shares of the RV manufacturer’s stock valued at $8,049,000 after acquiring an additional 61,384 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Trading Up 0.1%

Shares of THO stock opened at $74.76 on Wednesday. Thor Industries, Inc. has a 1 year low of $72.82 and a 1 year high of $122.83. The firm’s fifty day simple moving average is $80.33 and its 200 day simple moving average is $98.06. The firm has a market capitalization of $3.93 billion, a P/E ratio of 23.22, a price-to-earnings-growth ratio of 1.49 and a beta of 1.34. The company has a current ratio of 1.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20.

Thor Industries (NYSE:THO) last issued its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, beating analysts’ consensus estimates of $0.03 by $0.31. The firm had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $1.96 billion. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The business’s revenue was up 5.3% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, sell-side analysts predict that Thor Industries, Inc. will post 3.75 EPS for the current year.

Thor Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, April 20th. Investors of record on Monday, April 6th were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $2.08 dividend on an annualized basis and a yield of 2.8%. Thor Industries’s dividend payout ratio (DPR) is 64.60%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on THO. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Thor Industries in a research note on Wednesday, January 21st. Citigroup reduced their price target on Thor Industries from $116.00 to $100.00 and set a “neutral” rating for the company in a report on Wednesday, March 4th. Truist Financial dropped their price objective on Thor Industries from $112.00 to $109.00 and set a “hold” rating on the stock in a report on Wednesday, March 11th. BMO Capital Markets cut their price objective on shares of Thor Industries from $125.00 to $120.00 and set an “outperform” rating on the stock in a research report on Friday, April 17th. Finally, Benchmark reissued a “hold” rating on shares of Thor Industries in a research report on Wednesday, March 4th. Three investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, Thor Industries currently has an average rating of “Hold” and a consensus target price of $105.60.

Insider Activity at Thor Industries

In other news, Director Peter Busch Orthwein acquired 2,600 shares of Thor Industries stock in a transaction on Friday, March 6th. The stock was bought at an average price of $88.25 per share, for a total transaction of $229,450.00. Following the transaction, the director owned 139,000 shares of the company’s stock, valued at $12,266,750. The trade was a 1.91% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 4.70% of the company’s stock.

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.