Thor Industries, Inc. (NYSE:THO) Given Average Rating of “Hold” by Brokerages

Thor Industries, Inc. (NYSE:THO) has received a consensus recommendation of “Hold” from the fourteen analysts that are covering the stock, MarketBeat Ratings reports. Eleven investment analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1 year target price among brokers that have covered the stock in the last year is $105.60.

A number of analysts have commented on THO shares. BNP Paribas Exane started coverage on Thor Industries in a research report on Monday, April 20th. They set a “neutral” rating on the stock. DA Davidson dropped their price target on Thor Industries from $102.00 to $100.00 and set a “neutral” rating for the company in a research report on Wednesday, March 4th. Seaport Research Partners started coverage on Thor Industries in a research note on Monday, April 20th. They set a “neutral” rating for the company. Wall Street Zen lowered shares of Thor Industries from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Benchmark restated a “hold” rating on shares of Thor Industries in a report on Wednesday, March 4th.

Thor Industries Stock Down 1.1%

THO stock opened at $78.15 on Friday. The company has a current ratio of 1.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20. The company’s 50-day moving average price is $83.76 and its 200 day moving average price is $99.36. Thor Industries has a 52 week low of $73.29 and a 52 week high of $122.83. The company has a market cap of $4.11 billion, a P/E ratio of 24.27, a P/E/G ratio of 1.56 and a beta of 1.35.

Thor Industries (NYSE:THO) last posted its quarterly earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.03 by $0.31. The company had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $1.96 billion. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same period last year, the firm earned ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, research analysts expect that Thor Industries will post 3.75 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

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

Insider Buying and Selling at Thor Industries

In related news, Director Peter Busch Orthwein acquired 2,600 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average cost of $88.25 per share, for a total transaction 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 trade represents a 1.91% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 4.70% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Thor Industries

A number of institutional investors have recently made changes to their positions in THO. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Thor Industries during the third quarter valued at $27,000. V Square Quantitative Management LLC acquired a new position in Thor Industries in the 4th quarter valued at about $29,000. Curio Wealth LLC acquired a new position in Thor Industries in the 4th quarter valued at about $36,000. Danske Bank A S purchased a new position in Thor Industries in the 3rd quarter valued at about $41,000. Finally, eCIO Inc. purchased a new position in Thor Industries in the 4th quarter valued at about $49,000. 96.71% of the stock is owned by institutional investors and hedge funds.

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.