Thor Industries (NYSE:THO) COO Sells $524,474.28 in Stock

Thor Industries, Inc. (NYSE:THO) COO W. Todd Woelfer sold 4,567 shares of the stock in a transaction that occurred on 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 owned 104,109 shares in the company, valued at $11,955,877.56. The trade was a 4.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

W. Todd Woelfer also recently made the following trade(s):

• On Friday, December 12th, W. Todd Woelfer sold 1,729 shares of Thor Industries stock. The shares were sold at an average price of $103.15, for a total transaction of $178,346.35.

Thor Industries Stock Down 0.5%

Shares of Thor Industries stock traded down $0.55 during trading on Friday, reaching $114.88. 377,430 shares of the company traded hands, compared to its average volume of 564,809. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.81 and a quick ratio of 0.83. The firm has a market capitalization of $6.07 billion, a PE ratio of 36.24, a P/E/G ratio of 2.10 and a beta of 1.34. The company has a 50 day moving average price of $104.50 and a 200-day moving average price of $102.79. Thor Industries, Inc. has a 1-year low of $63.15 and a 1-year high of $117.98.

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

Thor Industries Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, January 19th. Shareholders of record on Monday, January 5th will be issued a $0.52 dividend. The ex-dividend date is Monday, January 5th. This represents a $2.08 annualized dividend and a yield of 1.8%. Thor Industries’s dividend payout ratio is presently 65.62%.

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. Hantz Financial Services Inc. grew its holdings in Thor Industries by 2,463.6% during the second 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 period. Country Trust Bank increased its position 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 buying an additional 100 shares during the last quarter. Curio Wealth LLC raised its stake in shares of 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 period. Finally, MAI Capital Management raised its stake in shares of Thor Industries by 174.8% in the second quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock valued at $33,000 after buying an additional 236 shares during the period. 96.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on THO shares. Citigroup upped their target price on Thor Industries from $108.00 to $116.00 and gave the stock a “neutral” rating in a research report on Friday. Robert W. Baird boosted their price target on shares of Thor Industries from $110.00 to $115.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. Zacks Research raised shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st. Raymond James Financial upgraded shares of Thor Industries from an “underperform” rating to a “market perform” rating in a report on Monday, October 27th. Finally, Truist Financial raised their target price on Thor Industries from $110.00 to $112.00 and gave the company a “hold” rating in a report on Tuesday, December 9th. Three analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, Thor Industries currently has an average rating of “Hold” and a consensus 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.