Hyperion Capital Advisors LP Takes $765,000 Position in Thor Industries, Inc. $THO

Hyperion Capital Advisors LP purchased a new stake in shares of Thor Industries, Inc. (NYSE:THO) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 10,180 shares of the RV manufacturer’s stock, valued at approximately $765,000. Thor Industries comprises approximately 0.3% of Hyperion Capital Advisors LP’s portfolio, making the stock its 29th biggest holding.

Several other large investors have also recently added to or reduced their stakes in the company. Cibc World Market Inc. acquired a new position in Thor Industries in the second quarter worth $1,311,000. Sanctuary Advisors LLC acquired a new stake in shares of Thor Industries during the second quarter worth $798,000. Elevation Point Wealth Partners LLC acquired a new stake in shares of Thor Industries during the second quarter worth $257,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of Thor Industries in the 2nd quarter worth about $52,000. Finally, Quantbot Technologies LP bought a new position in shares of Thor Industries in the 2nd quarter worth about $407,000. 96.71% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on THO. DA Davidson lowered their price objective on shares of Thor Industries from $100.00 to $80.00 and set a “neutral” rating for the company in a research report on Monday, June 15th. Bank of America cut their target price on shares of Thor Industries from $120.00 to $96.00 and set a “buy” rating on the stock in a report on Thursday, June 4th. Wall Street Zen downgraded Thor Industries from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Citigroup lowered their target price on Thor Industries from $80.00 to $79.00 and set a “neutral” rating for the company in a report on Friday, July 24th. Finally, Roth Capital set a $78.00 price target on Thor Industries in a report on Thursday, June 4th. Three investment analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $92.33.

Thor Industries Stock Up 0.0%

Thor Industries stock opened at $79.49 on Tuesday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71. Thor Industries, Inc. has a one year low of $69.71 and a one year high of $122.83. The company has a 50-day simple moving average of $76.50 and a 200-day simple moving average of $82.50. The firm has a market capitalization of $4.14 billion, a P/E ratio of 34.41, a P/E/G ratio of 1.55 and a beta of 1.33.

Thor Industries (NYSE:THO) last posted its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The company’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.53 earnings per share. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, equities analysts expect that Thor Industries, Inc. will post 3.22 earnings per share for the current year.

Thor Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a dividend of $0.52 per share. The ex-dividend date was Wednesday, July 1st. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Thor Industries’s payout ratio is currently 90.04%.

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.