Thor Industries, Inc. (NYSE:THO) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Thor Industries, Inc. (NYSE:THO) have earned an average rating of “Hold” from the thirteen analysts that are covering the company, MarketBeat Ratings reports. Ten equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $106.10.

THO has been the subject of several research analyst reports. DA Davidson dropped their price objective on shares of Thor Industries from $102.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, March 4th. Roth Mkm increased their price objective on Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Loop Capital set a $133.00 target price on Thor Industries in a research note on Tuesday, January 13th. Wall Street Zen downgraded Thor Industries from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Truist Financial cut their price target on Thor Industries from $112.00 to $109.00 and set a “hold” rating on the stock in a research note on Wednesday.

Thor Industries Trading Down 0.1%

THO opened at $82.26 on Friday. Thor Industries has a 1-year low of $63.15 and a 1-year high of $122.83. The stock has a market capitalization of $4.33 billion, a PE ratio of 25.55, a PEG ratio of 1.57 and a beta of 1.43. The company has a current ratio of 1.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average price of $107.75 and a two-hundred day moving average price of $105.87.

Thor Industries (NYSE:THO) last announced its earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.31. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same period in the prior year, the business earned ($0.01) earnings per share. Thor Industries’s quarterly revenue was up 5.3% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, equities analysts anticipate that Thor Industries will post 4.64 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 19th. Shareholders of record on Monday, January 5th were given a dividend of $0.52 per share. The ex-dividend date was Monday, January 5th. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. Thor Industries’s dividend payout ratio is presently 64.60%.

Insider Activity

In other Thor Industries news, Director Peter Busch Orthwein bought 2,600 shares of Thor Industries stock in a transaction dated Friday, March 6th. The shares were bought at an average price of $88.25 per share, with a total value of $229,450.00. Following the purchase, the director owned 139,000 shares of the company’s stock, valued at $12,266,750. This trade represents a 1.91% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO W. Todd Woelfer sold 4,567 shares of Thor Industries stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $114.84, for a total transaction of $524,474.28. Following the sale, the chief operating officer owned 104,109 shares of the company’s stock, valued at approximately $11,955,877.56. This represents a 4.20% decrease in their position. The SEC filing for this sale provides additional information. 4.70% of the stock is currently owned by company insiders.

Institutional Trading of Thor Industries

A number of institutional investors have recently bought and sold shares of THO. Country Trust Bank raised its position in shares of Thor Industries by 50.0% during the 2nd quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock valued at $27,000 after acquiring an additional 100 shares during the last quarter. Foster Dykema Cabot & Partners LLC acquired a new position in shares of Thor Industries in the 3rd quarter valued at $27,000. V Square Quantitative Management LLC bought a new position in shares of Thor Industries in the 4th quarter worth $29,000. MAI Capital Management boosted its position in shares of Thor Industries by 174.8% in the 2nd quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock worth $33,000 after purchasing an additional 236 shares during the last quarter. Finally, Curio Wealth LLC acquired a new stake in shares of Thor Industries during the fourth quarter worth $36,000. Institutional investors and hedge funds 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.