Capital Research Global Investors Boosts Stock Holdings in Thor Industries, Inc. $THO

Capital Research Global Investors boosted its stake in shares of Thor Industries, Inc. (NYSE:THO) by 3.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,581,876 shares of the RV manufacturer’s stock after purchasing an additional 48,466 shares during the period. Capital Research Global Investors’ holdings in Thor Industries were worth $162,411,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of THO. Jones Financial Companies Lllp raised its stake in Thor Industries by 433.3% during the first quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock worth $535,000 after purchasing an additional 5,737 shares during the period. United Services Automobile Association purchased a new position in Thor Industries during the first quarter worth approximately $269,000. Empowered Funds LLC purchased a new position in Thor Industries during the first quarter worth approximately $1,177,000. Focus Partners Wealth purchased a new position in Thor Industries during the first quarter worth approximately $255,000. Finally, Prudential Financial Inc. raised its stake in Thor Industries by 20.4% during the second quarter. Prudential Financial Inc. now owns 5,534 shares of the RV manufacturer’s stock worth $491,000 after purchasing an additional 937 shares during the period. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Analyst Ratings Changes

THO has been the topic of a number of research reports. Citigroup cut their target price on shares of Thor Industries from $82.00 to $80.00 and set a “neutral” rating on the stock in a research note on Friday. Loop Capital raised their target price on shares of Thor Industries from $90.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday. Weiss Ratings raised shares of Thor Industries from a “hold (c-)” rating to a “hold (c)” rating in a research note on Wednesday, June 3rd. BNP Paribas Exane initiated coverage on shares of Thor Industries in a research note on Monday, April 20th. They issued a “neutral” rating on the stock. Finally, Roth Mkm set a $78.00 target price on shares of Thor Industries in a research note on Thursday. Three investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $97.89.

Thor Industries Stock Performance

Thor Industries stock opened at $77.61 on Tuesday. Thor Industries, Inc. has a 12-month low of $69.71 and a 12-month high of $122.83. The company has a market capitalization of $4.04 billion, a price-to-earnings ratio of 24.10, a price-to-earnings-growth ratio of 1.95 and a beta of 1.32. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80. The firm’s fifty day moving average price is $77.58 and its 200 day moving average price is $94.51.

Thor Industries (NYSE:THO) last released its quarterly earnings results 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). Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The firm had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.67 billion. During the same period last year, the firm earned $2.53 EPS. The business’s quarterly revenue was down 3.9% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. On average, research analysts forecast that Thor Industries, Inc. will post 3.3 EPS for the current fiscal year.

Thor Industries Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, April 20th. Investors of record on Monday, April 6th were paid a dividend of $0.52 per share. The ex-dividend date of this dividend was Monday, April 6th. This represents a $2.08 annualized dividend and a yield of 2.7%. Thor Industries’s payout ratio is 64.60%.

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.