Thor Industries, Inc. $THO Position Increased by Kingsview Wealth Management LLC

Kingsview Wealth Management LLC increased its stake in Thor Industries, Inc. (NYSE:THO) by 955.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 28,057 shares of the RV manufacturer’s stock after purchasing an additional 25,398 shares during the period. Kingsview Wealth Management LLC’s holdings in Thor Industries were worth $2,881,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Choreo LLC raised its stake in Thor Industries by 9.9% during the 4th quarter. Choreo LLC now owns 394,513 shares of the RV manufacturer’s stock valued at $41,128,000 after acquiring an additional 35,655 shares in the last quarter. WINTON GROUP Ltd raised its stake in Thor Industries by 115.9% during the 3rd quarter. WINTON GROUP Ltd now owns 57,262 shares of the RV manufacturer’s stock valued at $5,937,000 after acquiring an additional 30,740 shares in the last quarter. Triad Investment Management bought a new stake in Thor Industries during the 4th quarter valued at $4,276,000. Natixis Advisors LLC raised its stake in 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 acquiring an additional 35,294 shares in the last quarter. Finally, Mirabella Financial Services LLP raised its stake in Thor Industries by 65.1% during the 3rd quarter. Mirabella Financial Services LLP now owns 30,340 shares of the RV manufacturer’s stock valued at $3,140,000 after acquiring an additional 11,965 shares in the last quarter. Institutional investors own 96.71% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Wall Street Zen downgraded Thor Industries from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. BMO Capital Markets cut their target price on Thor Industries from $125.00 to $120.00 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Benchmark reaffirmed a “hold” rating on shares of Thor Industries in a research note on Wednesday, March 4th. Truist Financial cut their target price on Thor Industries from $112.00 to $109.00 and set a “hold” rating on the stock in a research note on Wednesday, March 11th. Finally, DA Davidson cut their target price on Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a research note on Wednesday, March 4th. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $108.11.

Thor Industries Stock Down 1.5%

THO opened at $79.10 on Friday. Thor Industries, Inc. has a one year low of $70.56 and a one year high of $122.83. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. The stock’s fifty day moving average is $77.86 and its 200-day moving average is $95.47. The company has a market capitalization of $4.16 billion, a PE ratio of 24.56, a P/E/G ratio of 1.58 and a beta of 1.34.

Thor Industries (NYSE:THO) last posted its quarterly earnings data on Tuesday, March 3rd. The RV manufacturer reported $0.34 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.31. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The company had revenue of $2.13 billion for the quarter, compared to the consensus estimate of $1.96 billion. During the same quarter in the previous year, the business earned ($0.01) EPS. The company’s quarterly revenue was up 5.3% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, equities analysts predict that Thor Industries, Inc. will post 3.75 EPS for the current fiscal 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 paid a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Monday, April 6th. Thor Industries’s payout ratio is currently 64.60%.

Insider Activity at Thor Industries

In other news, Director Peter Busch Orthwein acquired 2,600 shares of the company’s stock in a transaction dated Friday, March 6th. The shares were bought at an average price of $88.25 per share, with a total value of $229,450.00. Following the purchase, the director owned 139,000 shares of the company’s stock, valued at approximately $12,266,750. This represents a 1.91% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 4.70% of the company’s stock.

About Thor Industries

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.