Heartland Advisors Inc. Has $14.66 Million Holdings in Thor Industries, Inc. $THO

Heartland Advisors Inc. grew its stake in Thor Industries, Inc. (NYSE:THO) by 12.7% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 183,540 shares of the RV manufacturer’s stock after acquiring an additional 20,723 shares during the period. Heartland Advisors Inc.’s holdings in Thor Industries were worth $14,663,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Parallel Advisors LLC grew its stake in shares of Thor Industries by 16.9% during the fourth quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock valued at $64,000 after purchasing an additional 90 shares during the last quarter. BNP Paribas Financial Markets raised its position 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 worth $539,000 after purchasing an additional 99 shares during the last quarter. CANADA LIFE ASSURANCE Co raised its position in Thor Industries by 0.3% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock worth $3,089,000 after purchasing an additional 104 shares during the last quarter. CWM LLC lifted its holdings in Thor Industries by 18.9% during the 4th quarter. CWM LLC now owns 794 shares of the RV manufacturer’s stock worth $82,000 after buying an additional 126 shares in the last quarter. Finally, Benjamin Edwards Inc. lifted its holdings in Thor Industries by 5.9% during the 4th quarter. Benjamin Edwards Inc. now owns 2,435 shares of the RV manufacturer’s stock worth $250,000 after buying an additional 136 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

THO has been the topic of a number of recent research reports. BNP Paribas Exane initiated coverage on Thor Industries in a research report on Monday, April 20th. They issued a “neutral” rating on the stock. Loop Capital boosted their target price on Thor Industries from $90.00 to $96.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Zacks Research cut shares of Thor Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, June 5th. Weiss Ratings cut Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. Finally, BMO Capital Markets lowered their target price on Thor Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, June 4th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $92.44.

Thor Industries Trading Down 1.5%

Thor Industries stock opened at $76.27 on Friday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71. Thor Industries, Inc. has a 52 week low of $69.71 and a 52 week high of $122.83. The stock has a 50-day simple moving average of $75.70 and a 200 day simple moving average of $88.71. The stock has a market capitalization of $3.97 billion, a P/E ratio of 33.02, a PEG ratio of 2.02 and a beta of 1.33.

Thor Industries (NYSE:THO) last posted its quarterly 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). Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The business had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.67 billion. During the same quarter last year, the company posted $2.53 EPS. The firm’s revenue was down 3.9% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Analysts expect that Thor Industries, Inc. will post 3.2 earnings per share for the current year.

Thor Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $2.08 annualized dividend and a dividend yield of 2.7%. Thor Industries’s dividend payout ratio is presently 90.04%.

Thor Industries 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.