Thor Industries, Inc. $THO Shares Bought by XTX Topco Ltd

XTX Topco Ltd grew its stake in Thor Industries, Inc. (NYSE:THO) by 199.7% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 10,953 shares of the RV manufacturer’s stock after acquiring an additional 7,298 shares during the period. XTX Topco Ltd’s holdings in Thor Industries were worth $973,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Cetera Investment Advisers boosted its position in shares of Thor Industries by 28.5% during the first quarter. Cetera Investment Advisers now owns 49,492 shares of the RV manufacturer’s stock worth $3,752,000 after buying an additional 10,974 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Thor Industries by 6.2% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 14,433 shares of the RV manufacturer’s stock worth $1,094,000 after purchasing an additional 843 shares during the period. LPL Financial LLC lifted its position in shares of Thor Industries by 1.9% during the first quarter. LPL Financial LLC now owns 41,119 shares of the RV manufacturer’s stock worth $3,117,000 after purchasing an additional 752 shares in the last quarter. Federated Hermes Inc. grew its holdings in shares of Thor Industries by 25.9% in the first quarter. Federated Hermes Inc. now owns 7,034 shares of the RV manufacturer’s stock valued at $533,000 after purchasing an additional 1,448 shares in the last quarter. Finally, Vestcor Inc purchased a new stake in Thor Industries during the 1st quarter worth approximately $286,000. Institutional investors and hedge funds own 96.71% of the company’s stock.

Thor Industries Trading Down 0.3%

NYSE THO opened at $105.62 on Monday. The firm’s fifty day moving average price is $103.89 and its 200 day moving average price is $97.93. Thor Industries, Inc. has a 12 month low of $63.15 and a 12 month high of $114.49. The company has a debt-to-equity ratio of 0.21, a current ratio of 1.75 and a quick ratio of 0.90. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 25.33, a price-to-earnings-growth ratio of 1.81 and a beta of 1.32.

Thor Industries Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 6th. Shareholders of record on Thursday, October 23rd were paid a $0.52 dividend. This is an increase from Thor Industries’s previous quarterly dividend of $0.50. This represents a $2.08 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date was Thursday, October 23rd. Thor Industries’s dividend payout ratio (DPR) is presently 49.88%.

Analysts Set New Price Targets

Several research firms have commented on THO. Loop Capital began coverage on shares of Thor Industries in a research note on Friday, October 31st. They issued a “hold” rating and a $110.00 price target for the company. DA Davidson increased their price target on Thor Industries from $78.00 to $102.00 and gave the company a “neutral” rating in a research report on Tuesday, September 30th. Zacks Research upgraded Thor Industries from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 3rd. Robert W. Baird upped their target price on shares of Thor Industries from $90.00 to $110.00 and gave the stock a “neutral” rating in a research note on Thursday, September 25th. Finally, Raymond James Financial upgraded shares of Thor Industries from an “underperform” rating to a “market perform” rating in a report on Monday, October 27th. Two research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, Thor Industries currently has an average rating of “Hold” and an average target price of $104.67.

About Thor Industries

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.