Thor Industries, Inc. $THO Shares Sold by Deprince Race & Zollo Inc.

Deprince Race & Zollo Inc. lessened its holdings in shares of Thor Industries, Inc. (NYSE:THO) by 3.1% during the 1st quarter, Holdings Channel reports. The firm owned 357,976 shares of the RV manufacturer’s stock after selling 11,593 shares during the period. Deprince Race & Zollo Inc.’s holdings in Thor Industries were worth $28,599,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of THO. ACR Alpine Capital Research LLC boosted its stake in shares of Thor Industries by 0.7% in the 4th quarter. ACR Alpine Capital Research LLC now owns 4,133,782 shares of the RV manufacturer’s stock valued at $424,415,000 after buying an additional 26,712 shares during the period. Dimensional Fund Advisors LP grew its position in shares of Thor Industries by 1.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,050,494 shares of the RV manufacturer’s stock valued at $313,201,000 after buying an additional 48,157 shares during the last quarter. Life Cycle Investment Partners Ltd acquired a new stake in shares of Thor Industries during the fourth quarter worth about $255,482,000. Capital Research Global Investors lifted its stake in Thor Industries by 3.2% in the fourth quarter. Capital Research Global Investors now owns 1,581,876 shares of the RV manufacturer’s stock valued at $162,411,000 after buying an additional 48,466 shares during the last quarter. Finally, Balyasny Asset Management L.P. raised its position in Thor Industries by 130.2% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,081,238 shares of the RV manufacturer’s stock valued at $111,011,000 after purchasing an additional 611,639 shares during the last quarter. 96.71% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

THO has been the subject of a number of recent research reports. Bank of America decreased their price objective on Thor Industries from $120.00 to $96.00 and set a “buy” rating for the company in a research report on Thursday, June 4th. BNP Paribas Exane began coverage on shares of Thor Industries in a research report on Monday, April 20th. They set a “neutral” rating for the company. Zacks Research lowered shares of Thor Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, June 5th. Weiss Ratings downgraded Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, June 18th. Finally, Benchmark reiterated a “hold” rating on shares of Thor Industries in a report on Friday, June 12th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $95.67.

Thor Industries Stock Performance

Shares of THO stock opened at $75.25 on Thursday. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20. Thor Industries, Inc. has a 52 week low of $69.71 and a 52 week high of $122.83. The company has a market cap of $3.92 billion, a PE ratio of 32.58, a P/E/G ratio of 1.99 and a beta of 1.33. The company’s fifty day simple moving average is $76.52 and its 200-day simple moving average is $91.13.

Thor Industries (NYSE:THO) last released its quarterly earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 EPS for the quarter, missing the consensus estimate of $1.88 by ($0.02). The company had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The business’s revenue was down 3.9% on a year-over-year basis. During the same period last year, the firm posted $2.53 earnings per share. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, equities research analysts anticipate that Thor Industries, Inc. will post 3.2 EPS for the current year.

Thor Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.52 per share. The ex-dividend date is Wednesday, July 1st. This represents a $2.08 annualized dividend and a yield of 2.8%. Thor Industries’s payout ratio is currently 90.04%.

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.