10,874 Shares in Thor Industries, Inc. $THO Bought by Frazier Financial Advisors LLC

Frazier Financial Advisors LLC purchased a new stake in shares of Thor Industries, Inc. (NYSE:THO) during the second quarter, HoldingsChannel reports. The fund purchased 10,874 shares of the RV manufacturer’s stock, valued at approximately $817,000. Thor Industries accounts for approximately 0.4% of Frazier Financial Advisors LLC’s portfolio, making the stock its 26th largest holding.

Several other institutional investors have also bought and sold shares of the business. Parallel Advisors LLC lifted its position in Thor Industries by 16.9% during the fourth quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock valued at $64,000 after purchasing an additional 90 shares during the last quarter. BNP Paribas Financial Markets increased its holdings 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 worth $539,000 after buying an additional 99 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in shares of Thor Industries by 0.3% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock worth $3,089,000 after buying an additional 104 shares during the last quarter. CWM LLC raised its position in shares of Thor Industries by 18.9% during the 4th quarter. CWM LLC now owns 794 shares of the RV manufacturer’s stock valued at $82,000 after buying an additional 126 shares in the last quarter. Finally, Benjamin Edwards Inc. raised its position in shares of Thor Industries by 5.9% during the 4th quarter. Benjamin Edwards Inc. now owns 2,435 shares of the RV manufacturer’s stock valued at $250,000 after buying an additional 136 shares in the last quarter. Institutional investors own 96.71% of the company’s stock.

Analyst Upgrades and Downgrades

THO has been the subject of several recent research reports. Weiss Ratings lowered Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Zacks Research downgraded Thor Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, June 5th. BMO Capital Markets lowered their price objective on Thor Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, June 4th. Benchmark reiterated a “hold” rating on shares of Thor Industries in a report on Friday, June 12th. Finally, Roth Capital set a $78.00 target price on Thor Industries in a research report on Thursday, June 4th. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $92.33.

Thor Industries Price Performance

Thor Industries stock opened at $79.96 on Thursday. The firm has a 50-day moving average price of $76.34 and a 200-day moving average price of $83.24. The firm has a market capitalization of $4.16 billion, a PE ratio of 34.61, a price-to-earnings-growth ratio of 1.51 and a beta of 1.33. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20. Thor Industries, Inc. has a 12-month low of $69.71 and a 12-month high of $122.83.

Thor Industries (NYSE:THO) last released its quarterly earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 EPS for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). The firm had revenue of $2.78 billion for the quarter, compared to analysts’ expectations of $2.67 billion. Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.Thor Industries’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same period in the prior year, the firm posted $2.53 earnings per share. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, equities research analysts forecast that Thor Industries, Inc. will post 3.22 EPS for the current year.

Thor Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Wednesday, July 1st. Thor Industries’s payout ratio is 90.04%.

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.