Thor Industries, Inc. (NYSE:THO) Given Average Rating of “Hold” by Brokerages

Thor Industries, Inc. (NYSE:THO) has been assigned an average rating of “Hold” from the thirteen brokerages that are currently covering the firm, Marketbeat Ratings reports. Ten equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $107.20.

A number of research firms have weighed in on THO. DA Davidson reaffirmed a “neutral” rating and set a $102.00 price target on shares of Thor Industries in a report on Thursday, December 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, January 21st. Raymond James Financial upgraded Thor Industries from an “underperform” rating to a “market perform” rating in a research note on Monday, October 27th. Zacks Research raised Thor Industries from a “strong sell” rating to a “hold” rating in a report on Thursday, January 1st. Finally, Wall Street Zen upgraded shares of Thor Industries from a “hold” rating to a “buy” rating in a research note on Saturday, January 17th.

Thor Industries Trading Down 4.9%

NYSE THO opened at $108.09 on Tuesday. Thor Industries has a 52 week low of $63.15 and a 52 week high of $122.83. The firm has a 50 day moving average of $111.51 and a two-hundred day moving average of $107.25. 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 stock has a market capitalization of $5.71 billion, a PE ratio of 34.10, a price-to-earnings-growth ratio of 2.08 and a beta of 1.40.

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

Thor Industries Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 19th. Investors of record on Monday, January 5th were given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Monday, January 5th. 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 the business’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total value of $524,474.28. Following the completion of the sale, the chief operating officer directly owned 104,109 shares of the company’s stock, valued at $11,955,877.56. The trade was a 4.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.70% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Thor Industries

Several hedge funds have recently made changes to their positions in THO. Hantz Financial Services Inc. lifted its holdings in shares of Thor Industries by 2,463.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock valued at $25,000 after purchasing an additional 271 shares during the last quarter. Country Trust Bank grew its stake in Thor Industries by 50.0% during the 2nd quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock worth $27,000 after buying an additional 100 shares during the last quarter. Foster Dykema Cabot & Partners LLC acquired a new position in Thor Industries during the third quarter worth approximately $27,000. V Square Quantitative Management LLC acquired a new position in Thor Industries during the fourth quarter worth approximately $29,000. Finally, Curio Wealth LLC lifted its stake in Thor Industries by 33,300.0% in the second quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock valued at $30,000 after buying an additional 333 shares during the last quarter. Hedge funds and other institutional investors 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.