ProShare Advisors LLC Sells 67,849 Shares of Thor Industries, Inc. $THO

ProShare Advisors LLC lessened its position in shares of Thor Industries, Inc. (NYSE:THO) by 18.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 304,459 shares of the RV manufacturer’s stock after selling 67,849 shares during the quarter. ProShare Advisors LLC’s holdings in Thor Industries were worth $31,259,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in THO. Kingsview Wealth Management LLC increased its position in Thor Industries by 3.9% in the third quarter. Kingsview Wealth Management LLC now owns 2,659 shares of the RV manufacturer’s stock worth $276,000 after purchasing an additional 99 shares during the period. BNP Paribas Financial Markets lifted its position in Thor Industries by 1.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock valued at $539,000 after purchasing an additional 99 shares during the period. Cibc World Market Inc. lifted its position in Thor Industries by 0.7% during the 3rd quarter. Cibc World Market Inc. now owns 14,773 shares of the RV manufacturer’s stock valued at $1,532,000 after purchasing an additional 104 shares during the period. CANADA LIFE ASSURANCE Co boosted its stake 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 valued at $3,089,000 after purchasing an additional 104 shares during the last quarter. Finally, HighPoint Advisor Group LLC boosted its stake in shares of Thor Industries by 4.7% in the 3rd quarter. HighPoint Advisor Group LLC now owns 2,588 shares of the RV manufacturer’s stock valued at $268,000 after purchasing an additional 115 shares during the last quarter. Institutional investors own 96.71% of the company’s stock.

Thor Industries Stock Performance

Shares of THO stock opened at $74.83 on Thursday. The stock has a market cap of $3.94 billion, a PE ratio of 23.24, a price-to-earnings-growth ratio of 1.44 and a beta of 1.34. The stock has a 50-day moving average of $78.48 and a 200-day moving average of $96.67. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.76 and a quick ratio of 0.73. Thor Industries, Inc. has a one year low of $70.56 and a one year high of $122.83.

Thor Industries (NYSE:THO) last released its quarterly earnings data on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.31. The business had revenue of $2.13 billion for the quarter, compared to analyst estimates of $1.96 billion. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. Thor Industries’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, sell-side analysts expect that Thor Industries, Inc. will post 3.75 earnings per share for the current year.

Thor Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 20th. Stockholders of record on Monday, April 6th were issued a $0.52 dividend. The ex-dividend date of this dividend was Monday, April 6th. This represents a $2.08 annualized dividend and a dividend yield of 2.8%. Thor Industries’s payout ratio is 64.60%.

Wall Street Analysts Forecast Growth

THO has been the subject of a number of recent research reports. Benchmark reissued a “hold” rating on shares of Thor Industries in a research note on Wednesday, March 4th. DA Davidson reduced their price objective on shares of Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 4th. BNP Paribas Exane started coverage on shares of Thor Industries in a report on Monday, April 20th. They set a “neutral” rating for the company. Seaport Research Partners started coverage on shares of Thor Industries in a research report on Monday, April 20th. They set a “neutral” rating for the company. Finally, BMO Capital Markets cut their price target on Thor Industries from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $105.60.

Insider Activity

In other news, Director Peter Busch Orthwein acquired 2,600 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average price of $88.25 per share, for a total transaction of $229,450.00. Following the transaction, the director directly owned 139,000 shares in the company, valued at approximately $12,266,750. This represents a 1.91% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this link. 4.70% of the stock is owned by company insiders.

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.