QV Investors Inc. Sells 47,520 Shares of Thor Industries, Inc. $THO

QV Investors Inc. reduced its stake in Thor Industries, Inc. (NYSE:THO) by 26.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,546 shares of the RV manufacturer’s stock after selling 47,520 shares during the period. Thor Industries accounts for 1.2% of QV Investors Inc.’s portfolio, making the stock its 29th largest position. QV Investors Inc. owned approximately 0.25% of Thor Industries worth $13,847,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

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

Insiders Place Their Bets

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

Thor Industries Trading Up 0.2%

Shares of NYSE THO opened at $117.97 on Friday. The firm’s 50 day moving average price is $105.89 and its 200-day moving average price is $103.62. Thor Industries, Inc. has a 52-week low of $63.15 and a 52-week high of $119.27. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 1.81. The company has a market cap of $6.23 billion, a PE ratio of 37.21, a P/E/G ratio of 2.16 and a beta of 1.34.

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

Thor Industries Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on THO. UBS Group set a $97.00 target price on shares of Thor Industries in a research report on Thursday, December 4th. Loop Capital set a $133.00 price objective on shares of Thor Industries in a report on Tuesday, January 13th. Robert W. Baird lifted their target price on shares of Thor Industries from $110.00 to $115.00 and gave the company 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 stock a “hold” rating in a research report on Tuesday, December 9th. Finally, Benchmark reaffirmed a “hold” rating on shares of Thor Industries in a research report on Tuesday, December 2nd. Three investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $107.20.

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.