Thor Industries (NYSE:THO) Sets New 1-Year High – Still a Buy?

Shares of Thor Industries, Inc. (NYSE:THO) reached a new 52-week high during trading on Thursday . The stock traded as high as $117.49 and last traded at $117.4050, with a volume of 103576 shares. The stock had previously closed at $114.48.

Analysts Set New Price Targets

THO has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Thor Industries from a “hold” rating to a “buy” rating in a report on Saturday. Roth Capital lifted their target price on shares of Thor Industries from $93.00 to $97.00 and gave the stock a “neutral” rating in a report on Thursday, December 4th. Truist Financial boosted their price target on Thor Industries from $110.00 to $112.00 and gave the company a “hold” rating in a research note on Tuesday, December 9th. Loop Capital set a $133.00 target price on shares of Thor Industries in a report on Tuesday. Finally, Benchmark restated a “hold” rating on shares of Thor Industries in a research report on Tuesday, December 2nd. Three equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $107.20.

Thor Industries Stock Down 0.5%

The business’s 50 day moving average is $104.72 and its 200 day moving average is $102.97. The company has a market cap of $6.07 billion, a P/E ratio of 36.24, a P/E/G ratio of 2.12 and a beta of 1.34. The company has a quick ratio of 0.83, a current ratio of 1.81 and a debt-to-equity ratio of 0.21.

Thor Industries (NYSE:THO) last released its earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.52. Thor Industries had a net margin of 2.87% and a return on equity of 7.05%. The company had revenue of $2.39 million for the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the previous year, the firm earned ($0.03) EPS. Thor Industries’s 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, equities analysts anticipate that Thor Industries, Inc. will post 4.64 earnings per share for the current fiscal year.

Thor Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 19th. Shareholders of record on Monday, January 5th will be paid a dividend of $0.52 per share. The ex-dividend date of this dividend is Monday, January 5th. This represents a $2.08 annualized dividend and a yield of 1.8%. Thor Industries’s dividend payout ratio (DPR) is 65.62%.

Insider Buying and Selling

In related news, COO W. Todd Woelfer sold 4,567 shares of Thor Industries stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $114.84, for a total value of $524,474.28. Following the completion of the transaction, the chief operating officer directly owned 104,109 shares in the company, valued at approximately $11,955,877.56. This trade represents a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 4.70% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Hantz Financial Services Inc. raised its stake in Thor Industries by 2,463.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock valued at $25,000 after acquiring an additional 271 shares during the last quarter. Country Trust Bank grew its position in shares of Thor Industries by 50.0% in the second quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Foster Dykema Cabot & Partners LLC purchased a new position in shares of Thor Industries during the 3rd quarter worth approximately $27,000. Curio Wealth LLC increased its position in Thor Industries by 33,300.0% during the 2nd quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock worth $30,000 after purchasing an additional 333 shares in the last quarter. Finally, MAI Capital Management boosted its holdings in Thor Industries by 174.8% in the second quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock valued at $33,000 after acquiring an additional 236 shares during the last quarter. Hedge funds and other institutional investors own 96.71% of the company’s stock.

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.