Y Intercept Hong Kong Ltd Makes New $3.87 Million Investment in Thor Industries, Inc. $THO

Y Intercept Hong Kong Ltd acquired a new position in shares of Thor Industries, Inc. (NYSE:THO) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 48,386 shares of the RV manufacturer’s stock, valued at approximately $3,866,000. Y Intercept Hong Kong Ltd owned approximately 0.09% of Thor Industries at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp boosted its stake in Thor Industries by 433.3% during the first quarter. Jones Financial Companies Lllp now owns 7,061 shares of the RV manufacturer’s stock worth $535,000 after buying an additional 5,737 shares in the last quarter. United Services Automobile Association acquired a new position in shares of Thor Industries in the 1st quarter valued at $269,000. Empowered Funds LLC acquired a new position in shares of Thor Industries in the 1st quarter valued at $1,177,000. Focus Partners Wealth bought a new position in shares of Thor Industries during the 1st quarter worth about $255,000. Finally, Prudential Financial Inc. lifted its holdings in shares of Thor Industries by 20.4% during the 2nd quarter. Prudential Financial Inc. now owns 5,534 shares of the RV manufacturer’s stock worth $491,000 after acquiring an additional 937 shares during the period. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Price Performance

Shares of THO traded down $0.27 during mid-day trading on Tuesday, hitting $75.47. 83,495 shares of the company traded hands, 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 stock has a market capitalization of $3.93 billion, a price-to-earnings ratio of 32.68, a PEG ratio of 2.03 and a beta of 1.33. The business has a 50-day moving average of $76.35 and a 200 day moving average of $90.59. Thor Industries, Inc. has a one year low of $69.71 and a one year 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 for the quarter, missing the consensus estimate of $1.88 by ($0.02). The company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.67 billion. Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The business’s revenue for the quarter was down 3.9% on a year-over-year basis. During the same quarter last year, the firm earned $2.53 EPS. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, equities analysts expect that Thor Industries, Inc. will post 3.2 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 Wednesday, July 15th. Stockholders of record on Wednesday, July 1st will be paid a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Wednesday, July 1st. Thor Industries’s dividend payout ratio is 90.04%.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. Loop Capital upped their target price on shares of Thor Industries from $90.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. Wall Street Zen cut shares of Thor Industries from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Benchmark reaffirmed a “hold” rating on shares of Thor Industries in a report on Friday, June 12th. Seaport Research Partners began coverage on Thor Industries in a research note on Monday, April 20th. They issued a “neutral” rating on the stock. Finally, Argus raised Thor Industries to a “hold” rating in a report on Friday, June 12th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Thor Industries presently has a consensus 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.