Kayne Anderson Rudnick Investment Management LLC raised its holdings in Thor Industries, Inc. (NYSE:THO) by 1.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 840,059 shares of the construction company’s stock after purchasing an additional 11,841 shares during the period. Thor Industries accounts for approximately 1.0% of Kayne Anderson Rudnick Investment Management LLC’s portfolio, making the stock its 25th largest holding. Kayne Anderson Rudnick Investment Management LLC owned approximately 1.59% of Thor Industries worth $105,773,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in THO. Teachers Advisors LLC lifted its holdings in shares of Thor Industries by 7.4% in the first quarter. Teachers Advisors LLC now owns 160,932 shares of the construction company’s stock valued at $15,470,000 after purchasing an additional 11,122 shares in the last quarter. Atria Investments LLC lifted its holdings in shares of Thor Industries by 7.1% in the second quarter. Atria Investments LLC now owns 2,376 shares of the construction company’s stock valued at $248,000 after purchasing an additional 157 shares in the last quarter. Creative Planning lifted its holdings in shares of Thor Industries by 23.1% in the second quarter. Creative Planning now owns 7,418 shares of the construction company’s stock valued at $775,000 after purchasing an additional 1,393 shares in the last quarter. James Investment Research Inc. lifted its holdings in shares of Thor Industries by 401.0% in the second quarter. James Investment Research Inc. now owns 16,910 shares of the construction company’s stock valued at $1,767,000 after purchasing an additional 13,535 shares in the last quarter. Finally, Winslow Evans & Crocker Inc. lifted its holdings in shares of Thor Industries by 22.9% in the second quarter. Winslow Evans & Crocker Inc. now owns 1,967 shares of the construction company’s stock valued at $206,000 after purchasing an additional 367 shares in the last quarter. 91.31% of the stock is currently owned by institutional investors.

In other Thor Industries news, Chairman Peter Busch Orthwein sold 2,784 shares of the stock in a transaction that occurred on Monday, September 18th. The shares were sold at an average price of $115.00, for a total transaction of $320,160.00. Following the transaction, the chairman now owns 1,396,352 shares of the company’s stock, valued at $160,580,480. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Company insiders own 5.10% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Kayne Anderson Rudnick Investment Management LLC Acquires 11,841 Shares of Thor Industries, Inc. (THO)” was published by Watch List News and is the sole property of of Watch List News. If you are viewing this piece of content on another site, it was illegally stolen and reposted in violation of U.S. and international copyright and trademark law. The legal version of this piece of content can be viewed at https://www.watchlistnews.com/kayne-anderson-rudnick-investment-management-llc-acquires-11841-shares-of-thor-industries-inc-tho/1705372.html.

THO has been the topic of several recent research reports. Stifel Nicolaus reaffirmed a “hold” rating on shares of Thor Industries in a report on Wednesday, August 16th. Zacks Investment Research raised shares of Thor Industries from a “hold” rating to a “buy” rating and set a $122.00 price objective on the stock in a research note on Wednesday, August 30th. BidaskClub raised shares of Thor Industries from a “sell” rating to a “hold” rating in a research note on Friday, August 4th. Aegis reissued a “hold” rating and set a $130.00 price objective (up previously from $113.00) on shares of Thor Industries in a research note on Saturday, September 30th. Finally, Northcoast Research reissued a “buy” rating and set a $145.00 price objective (up previously from $134.00) on shares of Thor Industries in a research note on Monday, September 25th. One analyst has rated the stock with a sell rating, four have given a hold rating and ten have issued a buy rating to the company’s stock. Thor Industries has an average rating of “Buy” and an average target price of $120.97.

Thor Industries, Inc. (NYSE THO) traded up $1.32 during trading hours on Wednesday, reaching $131.77. 470,800 shares of the company’s stock were exchanged, compared to its average volume of 697,488. The company has a debt-to-equity ratio of 0.09, a quick ratio of 0.92 and a current ratio of 1.51. The stock has a market capitalization of $6,873.98, a P/E ratio of 18.40 and a beta of 1.42. Thor Industries, Inc. has a 12 month low of $84.71 and a 12 month high of $138.07.

Thor Industries (NYSE:THO) last posted its quarterly earnings results on Wednesday, September 27th. The construction company reported $2.26 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.95 by $0.31. The company had revenue of $1.93 billion for the quarter, compared to the consensus estimate of $1.83 billion. Thor Industries had a net margin of 5.16% and a return on equity of 26.04%. Thor Industries’s revenue was up 49.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.57 earnings per share. research analysts anticipate that Thor Industries, Inc. will post 8.14 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, November 7th. Shareholders of record on Tuesday, October 24th were paid a dividend of $0.37 per share. The ex-dividend date was Monday, October 23rd. This represents a $1.48 dividend on an annualized basis and a yield of 1.12%. This is an increase from Thor Industries’s previous quarterly dividend of $0.33. Thor Industries’s dividend payout ratio (DPR) is currently 20.87%.

Thor Industries Company Profile

Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.

Institutional Ownership by Quarter for Thor Industries (NYSE:THO)

Receive News & Ratings for Thor Industries Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thor Industries Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.