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

Thor Industries, Inc. (NYSE:THO) shares hit a new 52-week high on Wednesday . The stock traded as high as $118.78 and last traded at $117.3980, with a volume of 307169 shares trading hands. The stock had previously closed at $112.86.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on THO. Roth Mkm upped their price target on shares of Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. UBS Group set a $97.00 target price on Thor Industries in a research report on Thursday, December 4th. Citigroup increased their target price on Thor Industries from $108.00 to $116.00 and gave the stock a “neutral” rating in a research note on Friday, January 16th. Benchmark restated a “hold” rating on shares of Thor Industries in a research note on Tuesday, December 2nd. Finally, Loop Capital set a $133.00 price objective on Thor Industries in a report on Tuesday, January 13th. Three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $107.20.

Thor Industries Trading Up 4.2%

The company has a quick ratio of 0.83, a current ratio of 1.81 and a debt-to-equity ratio of 0.21. The firm has a market capitalization of $6.22 billion, a P/E ratio of 37.11, a PEG ratio of 2.10 and a beta of 1.34. The firm has a 50 day moving average of $105.20 and a 200-day moving average of $103.42.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Wednesday, December 3rd. The RV manufacturer reported $0.41 EPS for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.52. The firm had revenue of $2.39 million for the quarter, compared to analyst estimates of $2.05 billion. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.The company’s revenue was up 11.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.03) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, equities research analysts predict that Thor Industries, Inc. will post 4.64 earnings per share for the current fiscal year.

Thor Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Monday, January 19th. Stockholders of record on Monday, January 5th were given a $0.52 dividend. The ex-dividend date was Monday, January 5th. This represents a $2.08 annualized dividend and a dividend yield of 1.8%. Thor Industries’s payout ratio is presently 65.62%.

Insider Activity

In related news, COO W. Todd Woelfer sold 4,567 shares of the stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total transaction 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. This trade represents a 4.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 4.70% of the company’s stock.

Institutional Investors Weigh In On Thor Industries

A number of large investors have recently modified their holdings of THO. BNP Paribas Financial Markets boosted its stake in shares of Thor Industries by 1.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock valued at $539,000 after purchasing an additional 99 shares in the last quarter. Kingsview Wealth Management LLC lifted its stake in Thor Industries by 3.9% in the third quarter. Kingsview Wealth Management LLC now owns 2,659 shares of the RV manufacturer’s stock worth $276,000 after purchasing an additional 99 shares during the last quarter. Country Trust Bank boosted 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 valued at $27,000 after buying an additional 100 shares during the period. CANADA LIFE ASSURANCE Co boosted its position in Thor Industries by 0.3% during the second quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock valued at $3,089,000 after buying an additional 104 shares during the period. Finally, Cibc World Market Inc. grew its stake in shares of Thor Industries by 0.7% during the third quarter. Cibc World Market Inc. now owns 14,773 shares of the RV manufacturer’s stock valued at $1,532,000 after buying an additional 104 shares during the last quarter. Institutional investors and hedge funds own 96.71% of the company’s stock.

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.