Analysts Set Thor Industries, Inc. (NYSE:THO) PT at $104.10

Thor Industries, Inc. (NYSE:THO) has been assigned an average rating of “Hold” from the fourteen ratings firms that are currently covering the company, MarketBeat Ratings reports. Twelve equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is $104.10.

THO has been the topic of several analyst reports. DA Davidson reaffirmed a “neutral” rating and issued a $102.00 target price on shares of Thor Industries in a research note on Thursday, December 4th. Roth Capital lifted their target price on shares of Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a research note on Thursday, December 4th. UBS Group set a $97.00 price target on Thor Industries in a research note on Thursday, December 4th. Loop Capital started coverage on shares of Thor Industries in a research note on Friday, October 31st. They set a “hold” rating and a $110.00 target price for the company. Finally, Bank of America lifted their target price on shares of Thor Industries from $100.00 to $120.00 and gave the company a “buy” rating in a report on Wednesday, September 10th.

Thor Industries Stock Up 2.6%

THO opened at $105.35 on Monday. Thor Industries has a 12 month low of $63.15 and a 12 month high of $117.09. The company has a current ratio of 1.81, a quick ratio of 0.83 and a debt-to-equity ratio of 0.21. The business’s 50-day moving average price is $103.51 and its 200-day moving average price is $101.55. The company has a market cap of $5.57 billion, a P/E ratio of 33.23, a P/E/G ratio of 1.93 and a beta of 1.34.

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

Thor Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 19th. Shareholders of record on Monday, January 5th will be paid a dividend of $0.52 per share. The ex-dividend date is Monday, January 5th. This represents a $2.08 dividend on an annualized basis and a yield of 2.0%. Thor Industries’s payout ratio is presently 65.62%.

Insider Buying and Selling

In other news, COO W. Todd Woelfer sold 1,729 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $103.15, for a total value of $178,346.35. Following the sale, the chief operating officer directly owned 112,680 shares of the company’s stock, valued at approximately $11,622,942. This represents a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 4.70% of the company’s stock.

Hedge Funds Weigh In On Thor Industries

Several large investors have recently modified their holdings of the stock. Kingsview Wealth Management LLC grew its position in Thor Industries by 3.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 2,659 shares of the RV manufacturer’s stock valued at $276,000 after purchasing an additional 99 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Thor Industries by 1.7% in the second quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock worth $539,000 after buying an additional 99 shares in the last quarter. Country Trust Bank grew its holdings in shares of Thor Industries by 50.0% during the second quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock valued at $27,000 after buying an additional 100 shares during the last quarter. Cibc World Market Inc. increased its position in shares of Thor Industries by 0.7% during the third quarter. Cibc World Market Inc. now owns 14,773 shares of the RV manufacturer’s stock valued at $1,532,000 after acquiring an additional 104 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co increased its position in shares of 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 acquiring an additional 104 shares in the last quarter. Hedge funds and other institutional investors own 96.71% of the company’s stock.

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.