Frazier Financial Advisors LLC Invests $817,000 in Thor Industries, Inc. $THO

Frazier Financial Advisors LLC acquired a new stake in shares of Thor Industries, Inc. (NYSE:THO) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 10,874 shares of the RV manufacturer’s stock, valued at approximately $817,000. Thor Industries makes up about 0.4% of Frazier Financial Advisors LLC’s holdings, making the stock its 26th largest position.

A number of other hedge funds also recently made changes to their positions in the stock. Parallel Advisors LLC increased its holdings in Thor Industries by 16.9% in the 4th quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock worth $64,000 after acquiring an additional 90 shares in the last quarter. BNP Paribas Financial Markets lifted its holdings in Thor Industries by 1.7% during the second 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 in the last quarter. CANADA LIFE ASSURANCE Co lifted its holdings in Thor Industries by 0.3% during the second 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 in the last quarter. CWM LLC boosted its position in shares of Thor Industries by 18.9% in the fourth quarter. CWM LLC now owns 794 shares of the RV manufacturer’s stock worth $82,000 after purchasing an additional 126 shares during the period. Finally, Benjamin Edwards Inc. increased its stake in shares of Thor Industries by 5.9% in the fourth quarter. Benjamin Edwards Inc. now owns 2,435 shares of the RV manufacturer’s stock worth $250,000 after purchasing an additional 136 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Price Performance

Shares of NYSE:THO opened at $79.96 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71. The firm has a fifty day moving average price of $76.34 and a 200 day moving average price of $83.24. Thor Industries, Inc. has a fifty-two week low of $69.71 and a fifty-two week high of $122.83. The firm has a market cap of $4.16 billion, a price-to-earnings ratio of 34.61, a P/E/G ratio of 1.51 and a beta of 1.33.

Thor Industries (NYSE:THO) last announced its quarterly earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.67 billion. During the same quarter in the prior year, the firm posted $2.53 earnings per share. The business’s 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. As a group, sell-side analysts expect that Thor Industries, Inc. will post 3.22 earnings per share for the current fiscal year.

Thor Industries Dividend Announcement

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

Analysts Set New Price Targets

THO has been the topic of a number of analyst reports. Truist Financial lowered their target price on shares of Thor Industries from $109.00 to $80.00 and set a “hold” rating on the stock in a research note on Wednesday, July 8th. Weiss Ratings lowered Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Wall Street Zen downgraded Thor Industries from a “hold” rating to a “sell” rating in a research report on Saturday, June 6th. Loop Capital upped their price objective on Thor Industries from $90.00 to $96.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. Finally, Benchmark reiterated a “hold” rating on shares of Thor Industries in a research report on Friday, June 12th. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Thor Industries presently has a consensus rating of “Hold” and a consensus price target of $92.33.

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.