QV Investors Inc. Has $14.88 Million Stake in Thor Industries, Inc. $THO

QV Investors Inc. raised its position in Thor Industries, Inc. (NYSE:THO) by 79.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 197,996 shares of the RV manufacturer’s stock after buying an additional 87,590 shares during the quarter. QV Investors Inc. owned about 0.38% of Thor Industries worth $14,881,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Parallel Advisors LLC boosted its position in shares of Thor Industries by 16.9% during the 4th quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock worth $64,000 after acquiring an additional 90 shares in the last quarter. BNP Paribas Financial Markets increased its stake in Thor Industries by 1.7% in the second quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock valued at $539,000 after acquiring an additional 99 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its position in Thor Industries by 0.3% during the second quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock valued at $3,089,000 after purchasing an additional 104 shares in the last quarter. CWM LLC raised its position in Thor Industries by 18.9% during the fourth quarter. CWM LLC now owns 794 shares of the RV manufacturer’s stock valued at $82,000 after purchasing an additional 126 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its stake in Thor Industries by 5.9% during the fourth quarter. Benjamin Edwards Inc. now owns 2,435 shares of the RV manufacturer’s stock worth $250,000 after purchasing an additional 136 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on THO shares. BMO Capital Markets decreased their price target on Thor Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, June 4th. Bank of America dropped their price objective on Thor Industries from $120.00 to $96.00 and set a “buy” rating for the company in a research report on Thursday, June 4th. Wall Street Zen cut Thor Industries from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. DA Davidson lowered their target price on Thor Industries from $100.00 to $80.00 and set a “neutral” rating for the company in a research note on Monday, June 15th. Finally, Loop Capital increased their target price on shares of Thor Industries from $90.00 to $96.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Three investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, Thor Industries currently has an average rating of “Hold” and a consensus target price of $92.33.

Thor Industries Stock Performance

Shares of THO stock opened at $77.01 on Monday. The business’s 50-day moving average price is $76.88 and its 200-day moving average price is $81.31. Thor Industries, Inc. has a 12 month low of $69.71 and a 12 month high of $122.83. The firm has a market capitalization of $4.01 billion, a price-to-earnings ratio of 33.34, a PEG ratio of 1.49 and a beta of 1.33. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20.

Thor Industries (NYSE:THO) last released its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.88 by ($0.02). The firm had revenue of $2.78 billion during 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 business’s quarterly revenue was down 3.9% compared to the same quarter last year. During the same period in the prior year, the company earned $2.53 EPS. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Equities research analysts forecast that Thor Industries, Inc. will post 3.21 EPS for the current year.

Thor Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were issued a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Wednesday, July 1st. Thor Industries’s payout ratio is presently 90.04%.

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.