Dimensional Fund Advisors LP Grows Holdings in Thor Industries, Inc. $THO

Dimensional Fund Advisors LP lifted its position in shares of Thor Industries, Inc. (NYSE:THO) by 1.0% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 3,002,337 shares of the RV manufacturer’s stock after buying an additional 29,075 shares during the quarter. Dimensional Fund Advisors LP owned 0.06% of Thor Industries worth $311,317,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Kingsview Wealth Management LLC lifted its stake in shares of Thor Industries by 3.9% during the third quarter. Kingsview Wealth Management LLC now owns 2,659 shares of the RV manufacturer’s stock valued at $276,000 after buying an additional 99 shares during the period. BNP Paribas Financial Markets raised its holdings in Thor Industries by 1.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock valued at $539,000 after acquiring an additional 99 shares during the last quarter. Country Trust Bank lifted its stake in shares of Thor Industries by 50.0% during the 2nd quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock worth $27,000 after purchasing an additional 100 shares during the period. Cibc World Market Inc. boosted its holdings in shares of Thor Industries by 0.7% during the third quarter. Cibc World Market Inc. now owns 14,773 shares of the RV manufacturer’s stock worth $1,532,000 after purchasing an additional 104 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its position in shares of Thor Industries by 0.3% in the second quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock valued at $3,089,000 after purchasing an additional 104 shares during the period. 96.71% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Citigroup reduced their target price on Thor Industries from $116.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday. UBS Group set a $97.00 price objective on shares of Thor Industries in a report on Thursday, December 4th. Roth Mkm boosted their target price on shares of Thor Industries from $93.00 to $97.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. Zacks Research raised shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st. Finally, Robert W. Baird lifted their price target on shares of Thor Industries from $110.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. Three analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $106.40.

Insider Buying and Selling

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of the business’s stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $114.84, for a total transaction of $524,474.28. Following the transaction, the chief operating officer owned 104,109 shares in the company, valued at $11,955,877.56. The trade was a 4.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 4.70% of the stock is owned by company insiders.

Thor Industries Trading Down 0.3%

NYSE THO opened at $90.58 on Friday. Thor Industries, Inc. has a one year low of $63.15 and a one year high of $122.83. The company’s 50 day moving average price is $110.13 and its 200 day moving average price is $106.85. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.83 and a current ratio of 1.76. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 28.57, a PEG ratio of 1.67 and a beta of 1.43.

Thor Industries (NYSE:THO) last released its quarterly earnings data on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.31. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The company had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $1.96 billion. During the same period in the previous year, the firm earned ($0.01) earnings per share. Thor Industries’s revenue for the quarter was up 5.3% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, sell-side analysts predict that Thor Industries, Inc. will post 4.64 EPS for the current year.

Thor Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, January 19th. Investors of record on Monday, January 5th were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.3%. The ex-dividend date was Monday, January 5th. Thor Industries’s dividend payout ratio is currently 65.62%.

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.