Mirabella Financial Services LLP Sells 367,794 Shares of Thor Industries, Inc. $THO

Mirabella Financial Services LLP lowered its holdings in Thor Industries, Inc. (NYSE:THO) by 95.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 18,375 shares of the RV manufacturer’s stock after selling 367,794 shares during the period. Mirabella Financial Services LLP’s holdings in Thor Industries were worth $1,639,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of THO. Hantz Financial Services Inc. increased its holdings in shares of Thor Industries by 2,463.6% in the second quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock worth $25,000 after purchasing an additional 271 shares during the period. Country Trust Bank grew its position in Thor Industries by 50.0% during the second quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock worth $27,000 after buying an additional 100 shares in the last quarter. Curio Wealth LLC increased its stake in Thor Industries by 33,300.0% in the 2nd quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock worth $30,000 after acquiring an additional 333 shares during the last quarter. MAI Capital Management raised its holdings in shares of Thor Industries by 174.8% in the 2nd quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock valued at $33,000 after acquiring an additional 236 shares in the last quarter. Finally, Signaturefd LLC boosted its position in shares of Thor Industries by 86.6% during the 2nd quarter. Signaturefd LLC now owns 446 shares of the RV manufacturer’s stock valued at $40,000 after acquiring an additional 207 shares during the last quarter. 96.71% of the stock is owned by institutional investors.

Thor Industries Trading Up 2.4%

Shares of THO opened at $102.13 on Friday. The firm has a fifty day simple moving average of $103.91 and a two-hundred day simple moving average of $98.35. Thor Industries, Inc. has a twelve month low of $63.15 and a twelve month high of $117.09. The stock has a market capitalization of $5.40 billion, a P/E ratio of 24.49, a PEG ratio of 1.76 and a beta of 1.32. The company has a quick ratio of 0.90, a current ratio of 1.81 and a debt-to-equity ratio of 0.21.

Thor Industries (NYSE:THO) last announced its quarterly earnings results 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. The company had revenue of $2.39 million for the quarter, compared to the consensus estimate of $2.05 billion. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.Thor Industries’s revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.03) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, research analysts anticipate that Thor Industries, Inc. will post 4.64 EPS for the current year.

Thor Industries Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Thursday, October 23rd were paid a $0.52 dividend. The ex-dividend date of this dividend was Thursday, October 23rd. This is an increase from Thor Industries’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a yield of 2.0%. Thor Industries’s payout ratio is currently 49.88%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on THO shares. Bank of America raised their target price on shares of Thor Industries from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Weiss Ratings reiterated a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, October 8th. UBS Group set a $97.00 target price on Thor Industries in a research report on Thursday. Roth Capital lifted their price target on shares of Thor Industries from $93.00 to $97.00 and gave the stock a “neutral” rating in a research note on Thursday. Finally, BMO Capital Markets lifted their target price on shares of Thor Industries from $105.00 to $115.00 and gave the stock an “outperform” rating in a research report on Friday, September 26th. Two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $104.80.

About Thor Industries

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.