Sanctuary Advisors LLC Takes $798,000 Position in Thor Industries, Inc. $THO

Sanctuary Advisors LLC bought a new stake in shares of Thor Industries, Inc. (NYSE:THO) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 10,622 shares of the RV manufacturer’s stock, valued at approximately $798,000.

A number of other hedge funds have also recently bought and sold shares of the company. Allworth Financial LP acquired a new stake in Thor Industries in the 2nd quarter valued at about $26,000. Curio Wealth LLC acquired a new position in shares of Thor Industries in the 4th quarter worth approximately $36,000. Danske Bank A S acquired a new position in shares of Thor Industries in the 3rd quarter worth approximately $41,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new stake in shares of Thor Industries in the 4th quarter worth approximately $51,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in shares of Thor Industries in the 2nd quarter worth approximately $52,000. 96.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Benchmark restated a “hold” rating on shares of Thor Industries in a report on Friday, June 12th. Zacks Research upgraded Thor Industries from a “strong sell” rating to a “hold” rating in a research report on Monday, August 24th. Roth Capital set a $78.00 price objective on Thor Industries in a research note on Thursday, June 4th. Truist Financial decreased their target price on Thor Industries from $109.00 to $80.00 and set a “hold” rating on the stock in a report on Wednesday, July 8th. Finally, Wall Street Zen lowered Thor Industries from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $92.33.

Thor Industries Stock Performance

Shares of THO opened at $77.01 on Friday. The company has a 50-day moving average of $76.88 and a two-hundred day moving average of $81.58. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 33.34, a PEG ratio of 1.48 and a beta of 1.33. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80. Thor Industries, Inc. has a one year low of $69.71 and a one year high of $122.83.

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 analysts’ consensus estimates of $1.88 by ($0.02). Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The firm had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. During the same quarter in the prior year, the firm earned $2.53 EPS. The firm’s revenue was down 3.9% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. On average, equities research 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 announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were issued a $0.52 dividend. The ex-dividend date was Wednesday, July 1st. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.7%. Thor Industries’s dividend 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.