Thor Industries, Inc. (NYSE:THO) Given Consensus Rating of “Hold” by Brokerages

Shares of Thor Industries, Inc. (NYSE:THO) have been given an average rating of “Hold” by the fourteen brokerages that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, eleven have issued a hold rating and two have issued a buy rating on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $104.10.

Several equities analysts have recently issued reports on the company. Raymond James Financial upgraded Thor Industries from an “underperform” rating to a “market perform” rating in a research note on Monday, October 27th. UBS Group set a $97.00 target price on Thor Industries in a research report on Thursday, December 4th. DA Davidson reissued a “neutral” rating and set a $102.00 target price on shares of Thor Industries in a research note on Thursday, December 4th. Roth Capital raised 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. Finally, BMO Capital Markets lifted their price target on shares of Thor Industries from $105.00 to $115.00 and gave the company an “outperform” rating in a report on Friday, September 26th.

Thor Industries Price Performance

Thor Industries stock opened at $105.35 on Monday. The firm has a market cap of $5.57 billion, a PE ratio of 33.23, a price-to-earnings-growth ratio of 1.88 and a beta of 1.34. The stock’s fifty day moving average price is $103.51 and its two-hundred day moving average price is $101.33. Thor Industries has a one year low of $63.15 and a one year high of $117.09. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.81 and a quick ratio of 0.83.

Thor Industries (NYSE:THO) last announced its quarterly earnings data on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.11) by $0.52. Thor Industries had a net margin of 2.87% and a return on equity of 7.05%. The business had revenue of $2.39 million for the quarter, compared to analysts’ expectations of $2.05 billion. During the same period last year, the firm posted ($0.03) earnings per share. The firm’s quarterly revenue was up 11.5% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, research analysts expect that Thor Industries will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, January 19th. Stockholders of record on Monday, January 5th will be issued a dividend of $0.52 per share. The ex-dividend date is Monday, January 5th. This represents a $2.08 annualized dividend and a dividend yield of 2.0%. Thor Industries’s dividend payout ratio is 65.62%.

Insider Activity at Thor Industries

In related news, COO W. Todd Woelfer sold 1,729 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $103.15, for a total transaction of $178,346.35. Following the sale, the chief operating officer owned 112,680 shares of the company’s stock, valued at $11,622,942. This trade represents a 1.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 4.70% of the company’s stock.

Hedge Funds Weigh In On Thor Industries

Several large investors have recently bought and sold shares of the company. Kingsview Wealth Management LLC raised its holdings in Thor Industries by 3.9% in the 3rd quarter. Kingsview Wealth Management LLC now owns 2,659 shares of the RV manufacturer’s stock valued at $276,000 after buying an additional 99 shares during the last quarter. BNP Paribas Financial Markets increased its position in Thor Industries by 1.7% in the 2nd 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 period. Country Trust Bank raised its stake in shares of Thor Industries by 50.0% during the second quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock valued at $27,000 after acquiring an additional 100 shares during the last quarter. Cibc World Market Inc. lifted its holdings in shares of Thor Industries by 0.7% during the third quarter. Cibc World Market Inc. now owns 14,773 shares of the RV manufacturer’s stock worth $1,532,000 after purchasing an additional 104 shares during the period. Finally, CANADA LIFE ASSURANCE Co lifted its holdings in shares of Thor Industries by 0.3% during the second quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock worth $3,089,000 after purchasing an additional 104 shares during the period. 96.71% of the stock is currently owned by institutional investors.

About Thor Industries

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.