Thor Industries (NYSE:THO) Given New $100.00 Price Target at Citigroup

Thor Industries (NYSE:THO) had its price target lowered by Citigroup from $116.00 to $100.00 in a research report sent to investors on Wednesday,Benzinga reports. Citigroup currently has a neutral rating on the RV manufacturer’s stock.

Several other analysts also recently commented on THO. DA Davidson reissued a “neutral” rating and issued a $102.00 price objective on shares of Thor Industries in a research note on Thursday, December 4th. Wall Street Zen raised Thor Industries from a “hold” rating to a “buy” rating in a research report on Saturday, January 17th. Zacks Research raised shares of Thor Industries from a “strong sell” rating to a “hold” rating in a report on Thursday, January 1st. Roth Mkm upped their target price on shares of Thor Industries from $93.00 to $97.00 and gave the stock a “neutral” rating in a research note on Thursday, December 4th. Finally, BMO Capital Markets lowered their target price on shares of Thor Industries from $135.00 to $125.00 and set an “outperform” rating for the company in a report on Wednesday. Three investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Thor Industries has an average rating of “Hold” and an average price target of $106.40.

Thor Industries Stock Performance

Shares of THO stock opened at $90.73 on Wednesday. The company has a current ratio of 1.76, a quick ratio of 0.83 and a debt-to-equity ratio of 0.20. The firm has a fifty day simple moving average of $110.45 and a two-hundred day simple moving average of $106.96. Thor Industries has a 12 month low of $63.15 and a 12 month high of $122.83. The firm has a market capitalization of $4.79 billion, a PE ratio of 28.62, a price-to-earnings-growth ratio of 1.67 and a beta of 1.43.

Thor Industries (NYSE:THO) last issued its quarterly earnings data on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.31. The firm had revenue of $2.13 billion during the quarter, compared to analysts’ expectations of $1.96 billion. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The business’s revenue was up 5.3% on a year-over-year basis. During the same period last year, the company earned ($0.01) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Analysts forecast that Thor Industries will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 19th. Stockholders of record on Monday, January 5th were paid a dividend of $0.52 per share. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Monday, January 5th. Thor Industries’s payout ratio is presently 65.62%.

Insiders Place Their Bets

In related news, COO W. Todd Woelfer sold 4,567 shares of the firm’s stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $114.84, for a total transaction of $524,474.28. Following the completion of 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 4.70% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in THO. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Thor Industries during the 3rd quarter worth approximately $27,000. V Square Quantitative Management LLC purchased a new stake in Thor Industries in the fourth quarter worth $29,000. Hantz Financial Services Inc. raised its stake 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 valued at $25,000 after buying an additional 271 shares during the period. Country Trust Bank raised its stake 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 buying an additional 100 shares during the period. Finally, Curio Wealth LLC purchased a new position in shares of Thor Industries during the 4th quarter valued at $36,000. 96.71% of the stock is currently owned by hedge funds and other institutional investors.

Thor Industries News Summary

Here are the key news stories impacting Thor Industries this week:

• Positive Sentiment: Q2 beat on both EPS and revenue — Thor reported $0.34 EPS vs. Street ~ $0.03 and revenue of $2.13B (up 5.3% y/y), driven by motorized RV strength and higher adjusted EBITDA. This is the primary driver of the intraday uptick. THOR INDUSTRIES ANNOUNCES FISCAL 2026 SECOND QUARTER RESULTS
• Positive Sentiment: BMO keeps an Outperform view despite trimming its target to $125 — the call signals continued analyst confidence in a longer-term recovery/upswing in THO shares. BMO target cut to $125 / TickerReport
• Neutral Sentiment: Several banks lowered price targets to $100 and set Neutral ratings (DA Davidson, Citi). Those moves reduce near-term upside expectations but still leave modest room above current levels. Analyst price target updates (Benzinga)
• Negative Sentiment: Management warned of a “cloudy” consumer outlook and flagged risks from new tariff measures, inflation and the Middle East conflict — these macro risks could depress demand or margins going forward. RV Maker Thor Warns of Cloudy Consumer Outlook (WSJ)
• Negative Sentiment: Margins squeezed in Q2: towable RV and European margins remain under pressure even as motorized RVs performed well — margin risk is the main operational red flag. Margins squeeze story (Benzinga)
• Negative Sentiment: Guidance held but is slightly below Street expectations (FY26 EPS guide 3.75–4.25 vs. consensus ~4.19; revenue guide $9.0–9.5B vs. consensus ~9.6B), which caps upside until execution is proven. Guidance below consensus (Investing.com)

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.