Thor Industries, Inc. $THO Position Raised by Shayne & Jacobs LLC

Shayne & Jacobs LLC boosted its position in Thor Industries, Inc. (NYSE:THO) by 63.2% in the second quarter, HoldingsChannel.com reports. The firm owned 35,491 shares of the RV manufacturer’s stock after purchasing an additional 13,740 shares during the quarter. Thor Industries comprises approximately 0.8% of Shayne & Jacobs LLC’s investment portfolio, making the stock its 25th biggest holding. Shayne & Jacobs LLC’s holdings in Thor Industries were worth $2,668,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. ACR Alpine Capital Research LLC lifted its holdings in shares of Thor Industries by 18.6% in the first quarter. ACR Alpine Capital Research LLC now owns 4,903,124 shares of the RV manufacturer’s stock valued at $391,711,000 after buying an additional 769,342 shares during the period. Dimensional Fund Advisors LP boosted its stake in Thor Industries by 3.1% during the first quarter. Dimensional Fund Advisors LP now owns 3,146,574 shares of the RV manufacturer’s stock valued at $251,375,000 after buying an additional 96,080 shares in the last quarter. Life Cycle Investment Partners Ltd acquired a new position in Thor Industries during the fourth quarter worth about $255,482,000. Capital Research Global Investors raised its position in Thor Industries by 3.2% in the fourth quarter. Capital Research Global Investors now owns 1,581,876 shares of the RV manufacturer’s stock worth $162,411,000 after acquiring an additional 48,466 shares in the last quarter. Finally, Balyasny Asset Management L.P. raised its position in Thor Industries by 130.2% in the fourth quarter. Balyasny Asset Management L.P. now owns 1,081,238 shares of the RV manufacturer’s stock worth $111,011,000 after acquiring an additional 611,639 shares in the last quarter. 96.71% of the stock is owned by institutional investors.

Thor Industries Trading Down 0.6%

NYSE:THO opened at $79.44 on Thursday. The stock has a fifty day simple moving average of $76.09 and a 200 day simple moving average of $85.75. The firm has a market capitalization of $4.14 billion, a price-to-earnings ratio of 34.39, a price-to-earnings-growth ratio of 1.56 and a beta of 1.33. Thor Industries, Inc. has a 1-year low of $69.71 and a 1-year high of $122.83. The company has a quick ratio of 0.80, a current ratio of 1.71 and a debt-to-equity ratio of 0.20.

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 the consensus estimate of $1.88 by ($0.02). Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The company had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. During the same quarter in the previous year, the firm posted $2.53 EPS. Thor Industries’s quarterly revenue was down 3.9% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Sell-side analysts forecast that Thor Industries, Inc. will post 3.2 earnings per share for the current year.

Thor Industries Dividend Announcement

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

Analyst Upgrades and Downgrades

THO has been the subject of several research reports. Argus upgraded shares of Thor Industries to a “hold” rating in a research report on Friday, June 12th. Weiss Ratings downgraded shares of Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. Bank of America cut their target price on shares of Thor Industries from $120.00 to $96.00 and set a “buy” rating for the company in a research note on Thursday, June 4th. BMO Capital Markets reduced their target price on shares of Thor Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, June 4th. Finally, BNP Paribas Exane started coverage on shares of Thor Industries in a research report on Monday, April 20th. They issued a “neutral” rating on the stock. Three investment analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Thor Industries presently has an average rating of “Hold” and a consensus price target of $92.33.

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.