Landscape Capital Management L.L.C. Cuts Stock Position in Thor Industries, Inc. $THO

Landscape Capital Management L.L.C. lessened its position in Thor Industries, Inc. (NYSE:THO) by 44.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 34,335 shares of the RV manufacturer’s stock after selling 27,331 shares during the quarter. Landscape Capital Management L.L.C.’s holdings in Thor Industries were worth $3,525,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of THO. Foster Dykema Cabot & Partners LLC purchased a new stake in Thor Industries during the 3rd quarter worth about $27,000. V Square Quantitative Management LLC purchased a new stake in Thor Industries during the 4th quarter worth about $29,000. Curio Wealth LLC purchased a new stake in Thor Industries during the 4th quarter worth about $36,000. Danske Bank A S purchased a new stake in Thor Industries during the 3rd quarter worth about $41,000. Finally, eCIO Inc. purchased a new stake in Thor Industries during the 4th quarter worth about $49,000. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on THO. Roth Mkm set a $78.00 price target on Thor Industries in a report on Thursday, June 4th. Bank of America cut their price target on Thor Industries from $120.00 to $96.00 and set a “buy” rating on the stock in a report on Thursday, June 4th. BNP Paribas Exane began coverage on Thor Industries in a report on Monday, April 20th. They set a “neutral” rating on the stock. BMO Capital Markets cut their price target on Thor Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a report on Thursday, June 4th. Finally, DA Davidson cut their price target on Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a report on Wednesday, March 4th. 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 stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $97.89.

Thor Industries Trading Up 0.2%

THO opened at $77.29 on Monday. The company has a quick ratio of 0.80, a current ratio of 1.71 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 business’s 50 day moving average is $77.45 and its two-hundred day moving average is $93.88. The firm has a market cap of $4.02 billion, a price-to-earnings ratio of 33.46, a price-to-earnings-growth ratio of 2.07 and a beta of 1.32.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing the consensus estimate of $1.88 by ($0.02). The firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.67 billion. Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. Thor Industries’s revenue was down 3.9% compared to the same quarter last year. During the same period in the previous year, the company posted $2.53 earnings per share. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. On average, research analysts predict that Thor Industries, Inc. will post 3.17 EPS for the current year.

Thor Industries Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, April 20th. Stockholders of record on Monday, April 6th were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Monday, April 6th. Thor Industries’s dividend payout ratio is presently 90.04%.

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.