Louisiana State Employees Retirement System Buys New Stake in Thor Industries, Inc. $THO

Louisiana State Employees Retirement System purchased a new position in shares of Thor Industries, Inc. (NYSE:THO) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,300 shares of the RV manufacturer’s stock, valued at approximately $1,222,000.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Choreo LLC increased its position in shares of Thor Industries by 9.9% in the fourth quarter. Choreo LLC now owns 394,513 shares of the RV manufacturer’s stock valued at $41,128,000 after buying an additional 35,655 shares in the last quarter. WINTON GROUP Ltd lifted its position in shares of Thor Industries by 115.9% during the 3rd quarter. WINTON GROUP Ltd now owns 57,262 shares of the RV manufacturer’s stock valued at $5,937,000 after buying an additional 30,740 shares in the last quarter. Natixis Advisors LLC increased its holdings in Thor Industries by 5.4% in the 3rd quarter. Natixis Advisors LLC now owns 686,278 shares of the RV manufacturer’s stock worth $71,160,000 after acquiring an additional 35,294 shares in the last quarter. Triad Investment Management acquired a new position in Thor Industries during the fourth quarter worth $4,276,000. Finally, Mirabella Financial Services LLP raised its position in Thor Industries by 65.1% during the third quarter. Mirabella Financial Services LLP now owns 30,340 shares of the RV manufacturer’s stock worth $3,140,000 after acquiring an additional 11,965 shares during the period. Institutional investors and hedge funds own 96.71% of the company’s stock.

Thor Industries Stock Performance

THO opened at $76.57 on Friday. Thor Industries, Inc. has a twelve month low of $69.71 and a twelve month high of $122.83. The firm has a market capitalization of $3.99 billion, a PE ratio of 33.15, a PEG ratio of 2.03 and a beta of 1.33. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20. The firm’s 50-day moving average price is $76.41 and its 200 day moving average price is $90.85.

Thor Industries (NYSE:THO) last released its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing analysts’ consensus estimates of $1.88 by ($0.02). The business had revenue of $2.78 billion during the quarter, compared to analysts’ expectations of $2.67 billion. Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The company’s revenue for the quarter was down 3.9% compared to the same quarter last year. During the same period last year, the business earned $2.53 earnings per share. 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 3.2 EPS for the current fiscal year.

Thor Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st will be given a dividend of $0.52 per share. The ex-dividend date is Wednesday, July 1st. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. Thor Industries’s dividend payout ratio (DPR) is presently 90.04%.

Analyst Ratings Changes

THO has been the topic of several research analyst reports. Zacks Research lowered shares of Thor Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, June 5th. Bank of America reduced their target price on Thor Industries from $120.00 to $96.00 and set a “buy” rating for the company in a report on Thursday, June 4th. BMO Capital Markets decreased their target price on Thor Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, June 4th. DA Davidson lowered their price target on Thor Industries from $100.00 to $80.00 and set a “neutral” rating on the stock in a research note on Monday, June 15th. Finally, Loop Capital boosted their price target on Thor Industries from $90.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Three analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Thor Industries currently has a consensus rating of “Hold” and a consensus target price of $95.67.

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.