Life Cycle Investment Partners Ltd Buys New Position in Thor Industries, Inc. $THO

Life Cycle Investment Partners Ltd bought a new stake in shares of Thor Industries, Inc. (NYSE:THO) during the 4th quarter, HoldingsChannel.com reports. The fund bought 2,488,383 shares of the RV manufacturer’s stock, valued at approximately $255,482,000. Thor Industries makes up about 1.8% of Life Cycle Investment Partners Ltd’s holdings, making the stock its 17th largest position.

Several other hedge funds also recently modified their holdings of the stock. MQS Management LLC boosted its position in shares of Thor Industries by 88.1% during the fourth quarter. MQS Management LLC now owns 3,921 shares of the RV manufacturer’s stock valued at $403,000 after buying an additional 1,836 shares during the last quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new position in shares of Thor Industries during the fourth quarter valued at approximately $51,000. PNC Financial Services Group Inc. boosted its position in shares of Thor Industries by 96.5% during the fourth quarter. PNC Financial Services Group Inc. now owns 21,839 shares of the RV manufacturer’s stock valued at $2,242,000 after buying an additional 10,725 shares during the last quarter. AlphaCore Capital LLC purchased a new position in shares of Thor Industries during the fourth quarter valued at approximately $202,000. Finally, ACR Alpine Capital Research LLC boosted its position in shares of Thor Industries by 0.7% during the fourth quarter. ACR Alpine Capital Research LLC now owns 4,133,782 shares of the RV manufacturer’s stock valued at $424,415,000 after buying an additional 26,712 shares during the last quarter. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Insider Activity

In other news, Director Peter Busch Orthwein purchased 2,600 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were purchased at an average price of $88.25 per share, with a total value of $229,450.00. Following the transaction, the director directly owned 139,000 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through the SEC website. 4.70% of the stock is currently owned by insiders.

Thor Industries Stock Up 2.0%

THO stock opened at $77.00 on Friday. The stock’s fifty day simple moving average is $78.14 and its two-hundred day simple moving average is $96.33. The company has a current ratio of 1.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20. Thor Industries, Inc. has a 1-year low of $70.56 and a 1-year high of $122.83. The stock has a market cap of $4.05 billion, a P/E ratio of 23.91, a P/E/G ratio of 1.54 and a beta of 1.34.

Thor Industries (NYSE:THO) last posted 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. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The business had revenue of $2.13 billion for the quarter, compared to analysts’ expectations of $1.96 billion. During the same quarter in the previous year, the firm earned ($0.01) earnings per share. The business’s 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. Analysts expect that Thor Industries, Inc. will post 3.75 EPS for the current year.

Thor Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, April 20th. Shareholders of record on Monday, April 6th were given a $0.52 dividend. The ex-dividend date of this dividend was Monday, April 6th. This represents a $2.08 annualized dividend and a yield of 2.7%. Thor Industries’s payout ratio is currently 64.60%.

Analysts Set New Price Targets

THO has been the topic of several analyst reports. Seaport Research Partners initiated coverage on Thor Industries in a research report on Monday, April 20th. They set a “neutral” rating on the stock. DA Davidson cut their target price on Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 4th. Wall Street Zen cut Thor Industries from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Benchmark reissued a “hold” rating on shares of Thor Industries in a research report on Wednesday, March 4th. Finally, BNP Paribas Exane initiated coverage on 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 and eleven have issued a Hold rating to the company. According to MarketBeat, Thor Industries currently has an average rating of “Hold” and a consensus target price of $105.60.

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.