Landscape Capital Management L.L.C. Increases Holdings in Thor Industries, Inc. $THO

Landscape Capital Management L.L.C. lifted its position in Thor Industries, Inc. (NYSE:THO) by 22.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 61,666 shares of the RV manufacturer’s stock after buying an additional 11,137 shares during the period. Landscape Capital Management L.L.C.’s holdings in Thor Industries were worth $6,394,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of THO. Dimensional Fund Advisors LP increased its position in Thor Industries by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,002,337 shares of the RV manufacturer’s stock valued at $311,317,000 after acquiring an additional 29,075 shares during the last quarter. Timucuan Asset Management Inc. FL boosted its position in Thor Industries by 9.2% in the second quarter. Timucuan Asset Management Inc. FL now owns 2,674,398 shares of the RV manufacturer’s stock worth $237,513,000 after purchasing an additional 225,997 shares during the last quarter. American Century Companies Inc. boosted its position in Thor Industries by 16.7% in the third quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock worth $141,233,000 after purchasing an additional 195,357 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Thor Industries by 0.6% during the 3rd quarter. Envestnet Asset Management Inc. now owns 847,837 shares of the RV manufacturer’s stock valued at $87,912,000 after purchasing an additional 4,786 shares during the period. Finally, Natixis Advisors LLC grew its stake in shares of Thor Industries by 5.4% during the 3rd quarter. Natixis Advisors LLC now owns 686,278 shares of the RV manufacturer’s stock valued at $71,160,000 after purchasing an additional 35,294 shares during the period. Institutional investors own 96.71% of the company’s stock.

Insider Transactions at Thor Industries

In other Thor Industries news, Director Peter Busch Orthwein bought 2,600 shares of the business’s stock in a transaction that occurred on Friday, March 6th. The stock was purchased at an average price of $88.25 per share, for a total transaction of $229,450.00. Following the completion of the transaction, the director owned 139,000 shares of the company’s stock, valued at $12,266,750. This trade represents a 1.91% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO W. Todd Woelfer sold 4,567 shares of Thor Industries stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total value of $524,474.28. Following the sale, the chief operating officer directly owned 104,109 shares in the company, valued at $11,955,877.56. This trade represents a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 4.70% of the stock is owned by company insiders.

Thor Industries Stock Performance

NYSE THO traded down $0.11 on Friday, reaching $82.23. 33,308 shares of the stock were exchanged, compared to its average volume of 613,090. The company has a current ratio of 1.76, a quick ratio of 0.73 and a debt-to-equity ratio of 0.20. Thor Industries, Inc. has a one year low of $63.15 and a one year high of $122.83. The firm has a market capitalization of $4.33 billion, a PE ratio of 25.52, a PEG ratio of 1.61 and a beta of 1.43. The company’s 50-day simple moving average is $108.21 and its two-hundred day simple moving average is $106.07.

Thor Industries (NYSE:THO) last announced its quarterly earnings data on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.03 by $0.31. The firm had revenue of $2.13 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.01) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Analysts expect that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, January 19th. Shareholders of record on Monday, January 5th were paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date was Monday, January 5th. Thor Industries’s dividend payout ratio is presently 64.60%.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on THO shares. UBS Group set a $97.00 price objective on shares of Thor Industries in a research note on Thursday, December 4th. Zacks Research upgraded shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research report on Thursday, January 1st. Robert W. Baird boosted their price objective on shares of Thor Industries from $110.00 to $115.00 and gave the company a “neutral” rating in a research report on Thursday, December 4th. Weiss Ratings restated a “hold (c)” rating on shares of Thor Industries in a research note on Wednesday, January 21st. Finally, Benchmark reaffirmed a “hold” rating on shares of Thor Industries in a report on Wednesday, March 4th. Three equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $106.10.

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.