Mirabella Financial Services LLP Sells 367,794 Shares of Thor Industries, Inc. $THO

Mirabella Financial Services LLP trimmed its holdings in Thor Industries, Inc. (NYSE:THO) by 95.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,375 shares of the RV manufacturer’s stock after selling 367,794 shares during the quarter. Mirabella Financial Services LLP’s holdings in Thor Industries were worth $1,639,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Hantz Financial Services Inc. grew its stake in shares of Thor Industries by 2,463.6% in the 2nd quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock worth $25,000 after buying an additional 271 shares during the last quarter. Country Trust Bank boosted its holdings in Thor Industries by 50.0% in the second quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock worth $27,000 after acquiring an additional 100 shares in the last quarter. Curio Wealth LLC grew its stake in shares of Thor Industries by 33,300.0% in the second quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock worth $30,000 after acquiring an additional 333 shares during the last quarter. MAI Capital Management increased its holdings in shares of Thor Industries by 174.8% during the second quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock valued at $33,000 after acquiring an additional 236 shares in the last quarter. Finally, Signaturefd LLC raised its position in shares of Thor Industries by 86.6% in the 2nd quarter. Signaturefd LLC now owns 446 shares of the RV manufacturer’s stock worth $40,000 after purchasing an additional 207 shares during the last quarter. 96.71% of the stock is currently owned by hedge funds and other institutional investors.

Thor Industries Trading Up 2.4%

Thor Industries stock opened at $102.13 on Friday. Thor Industries, Inc. has a 12-month low of $63.15 and a 12-month high of $117.09. The firm has a market capitalization of $5.40 billion, a price-to-earnings ratio of 24.49, a P/E/G ratio of 1.76 and a beta of 1.32. The firm has a 50 day moving average of $103.91 and a 200 day moving average of $98.35. The company has a current ratio of 1.81, a quick ratio of 0.90 and a debt-to-equity ratio of 0.21.

Thor Industries (NYSE:THO) last posted its quarterly earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.52. Thor Industries had a net margin of 2.87% and a return on equity of 7.05%. The business had revenue of $2.39 million during the quarter, compared to analyst estimates of $2.05 billion. During the same period in the prior year, the business posted ($0.03) earnings per share. The company’s revenue was up 11.5% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, research analysts predict that Thor Industries, Inc. will post 4.64 earnings per share for the current year.

Thor Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Thursday, October 23rd were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Thursday, October 23rd. This is a positive change from Thor Industries’s previous quarterly dividend of $0.50. Thor Industries’s dividend payout ratio is presently 49.88%.

Wall Street Analyst Weigh In

Several analysts recently commented on THO shares. Zacks Research lowered shares of Thor Industries from a “hold” rating to a “strong sell” rating in a research note on Wednesday. UBS Group set a $97.00 price target on shares of Thor Industries in a report on Thursday. Loop Capital initiated coverage on Thor Industries in a report on Friday, October 31st. They issued a “hold” rating and a $110.00 target price for the company. Bank of America upped their target price on shares of Thor Industries from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Wednesday, September 10th. Finally, Benchmark reiterated a “hold” rating on shares of Thor Industries in a research note on Tuesday. Two equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, Thor Industries currently has a consensus rating of “Hold” and a consensus price target of $104.80.

Thor Industries Profile

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.