48,386 Shares in Thor Industries, Inc. $THO Acquired by Y Intercept Hong Kong Ltd

Y Intercept Hong Kong Ltd acquired a new stake in Thor Industries, Inc. (NYSE:THO) during the 1st quarter, Holdings Channel.com reports. The firm acquired 48,386 shares of the RV manufacturer’s stock, valued at approximately $3,866,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. V Square Quantitative Management LLC acquired a new position in shares of Thor Industries in the 4th quarter valued at $29,000. Curio Wealth LLC bought a new stake in Thor Industries in the fourth quarter valued at about $36,000. Danske Bank A S bought a new stake in Thor Industries in the third quarter valued at about $41,000. eCIO Inc. acquired a new position in Thor Industries in the fourth quarter valued at about $49,000. Finally, Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in Thor Industries in the fourth quarter valued at about $51,000. 96.71% of the stock is owned by institutional investors.

Thor Industries Stock Down 0.3%

Shares of Thor Industries stock traded down $0.27 during trading on Tuesday, reaching $75.47. The stock had a trading volume of 83,495 shares, compared to its average volume of 721,243. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 32.68, a P/E/G ratio of 2.03 and a beta of 1.33. The stock has a fifty day moving average price of $76.35 and a two-hundred day moving average price of $90.59. Thor Industries, Inc. has a 52 week low of $69.71 and a 52 week high of $122.83.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The firm had revenue of $2.78 billion for the quarter, compared to the consensus estimate of $2.67 billion. During the same quarter in the previous year, the business posted $2.53 earnings per share. The firm’s quarterly revenue was down 3.9% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Sell-side analysts predict that Thor Industries, Inc. will post 3.2 EPS for the current fiscal year.

Thor Industries Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be issued a dividend of $0.52 per share. The ex-dividend date is Wednesday, July 1st. This represents a $2.08 annualized dividend and a yield of 2.8%. Thor Industries’s dividend payout ratio is presently 90.04%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on THO shares. BNP Paribas Exane started coverage on Thor Industries in a research note on Monday, April 20th. They issued a “neutral” rating for the company. Roth Capital set a $78.00 price objective on shares of Thor Industries in a research note on Thursday, June 4th. Zacks Research cut shares of Thor Industries from a “hold” rating to a “strong sell” rating in a report on Friday, June 5th. Weiss Ratings downgraded shares of Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Finally, Argus upgraded shares of Thor Industries to a “hold” rating in a report on Friday, June 12th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $95.67.

Thor Industries 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.