Thor Industries (NYSE:THO) Price Target Lowered to $125.00 at BMO Capital Markets

Thor Industries (NYSE:THO) had its target price trimmed by BMO Capital Markets from $135.00 to $125.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has an outperform rating on the RV manufacturer’s stock.

A number of other brokerages also recently commented on THO. Citigroup raised their price objective on Thor Industries from $108.00 to $116.00 and gave the stock a “neutral” rating in a research report on Friday, January 16th. Benchmark restated a “hold” rating on shares of Thor Industries in a research note on Tuesday, December 2nd. UBS Group set a $97.00 price target on shares of Thor Industries in a research note on Thursday, December 4th. DA Davidson reissued a “neutral” rating and issued a $102.00 price target on shares of Thor Industries in a report on Thursday, December 4th. Finally, Loop Capital set a $133.00 price objective on shares of Thor Industries in a research note on Tuesday, January 13th. Three investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, Thor Industries presently has a consensus rating of “Hold” and an average price target of $106.40.

Thor Industries Stock Performance

NYSE THO opened at $90.73 on Wednesday. The company’s fifty day moving average is $110.45 and its two-hundred day moving average is $106.96. Thor Industries has a 52-week low of $63.15 and a 52-week high of $122.83. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.76 and a quick ratio of 0.83. The firm has a market capitalization of $4.79 billion, a price-to-earnings ratio of 28.62, a P/E/G ratio of 1.67 and a beta of 1.43.

Thor Industries (NYSE:THO) last released its earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, beating the consensus estimate of $0.03 by $0.31. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The business had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter last year, the company earned ($0.01) earnings per share. The firm’s revenue was up 5.3% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Equities research analysts forecast that Thor Industries will post 4.64 EPS for the current year.

Thor Industries Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, January 19th. Shareholders of record on Monday, January 5th were paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a yield of 2.3%. The ex-dividend date was Monday, January 5th. Thor Industries’s dividend payout ratio is currently 65.62%.

Insider Activity

In other news, COO W. Todd Woelfer sold 4,567 shares of the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total value of $524,474.28. Following the sale, the chief operating officer owned 104,109 shares in the company, valued at approximately $11,955,877.56. The trade was a 4.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 4.70% of the company’s stock.

Hedge Funds Weigh In On Thor Industries

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its stake in shares of Thor Industries by 433.3% in the first quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock valued at $535,000 after acquiring an additional 5,737 shares during the last quarter. United Services Automobile Association bought a new stake in Thor Industries during the 1st quarter worth approximately $269,000. Empowered Funds LLC acquired a new stake in Thor Industries during the 1st quarter valued at $1,177,000. Focus Partners Wealth bought a new position in Thor Industries in the 1st quarter valued at $255,000. Finally, Arkadios Wealth Advisors bought a new position in Thor Industries in the 2nd quarter valued at $215,000. 96.71% of the stock is currently owned by institutional investors and hedge funds.

Key Thor Industries News

Here are the key news stories impacting Thor Industries this week:

• Positive Sentiment: Q2 beat on both EPS and revenue — Thor reported $0.34 EPS vs. Street ~ $0.03 and revenue of $2.13B (up 5.3% y/y), driven by motorized RV strength and higher adjusted EBITDA. This is the primary driver of the intraday uptick. THOR INDUSTRIES ANNOUNCES FISCAL 2026 SECOND QUARTER RESULTS
• Positive Sentiment: BMO keeps an Outperform view despite trimming its target to $125 — the call signals continued analyst confidence in a longer-term recovery/upswing in THO shares. BMO target cut to $125 / TickerReport
• Neutral Sentiment: Several banks lowered price targets to $100 and set Neutral ratings (DA Davidson, Citi). Those moves reduce near-term upside expectations but still leave modest room above current levels. Analyst price target updates (Benzinga)
• Negative Sentiment: Management warned of a “cloudy” consumer outlook and flagged risks from new tariff measures, inflation and the Middle East conflict — these macro risks could depress demand or margins going forward. RV Maker Thor Warns of Cloudy Consumer Outlook (WSJ)
• Negative Sentiment: Margins squeezed in Q2: towable RV and European margins remain under pressure even as motorized RVs performed well — margin risk is the main operational red flag. Margins squeeze story (Benzinga)
• Negative Sentiment: Guidance held but is slightly below Street expectations (FY26 EPS guide 3.75–4.25 vs. consensus ~4.19; revenue guide $9.0–9.5B vs. consensus ~9.6B), which caps upside until execution is proven. Guidance below consensus (Investing.com)

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.