Thor Industries, Inc. $THO Shares Sold by Quantinno Capital Management LP

Quantinno Capital Management LP cut its stake in Thor Industries, Inc. (NYSE:THO) by 23.2% in the first quarter, Holdings Channel.com reports. The firm owned 121,247 shares of the RV manufacturer’s stock after selling 36,722 shares during the quarter. Quantinno Capital Management LP’s holdings in Thor Industries were worth $9,686,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Parallel Advisors LLC lifted its position in Thor Industries by 16.9% during the fourth quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock worth $64,000 after buying an additional 90 shares in the last quarter. BNP Paribas Financial Markets boosted its stake in Thor Industries by 1.7% during the second quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock worth $539,000 after buying an additional 99 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in Thor Industries by 0.3% during the second quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock worth $3,089,000 after buying an additional 104 shares during the last quarter. CWM LLC grew its holdings in Thor Industries by 18.9% in the 4th quarter. CWM LLC now owns 794 shares of the RV manufacturer’s stock valued at $82,000 after buying an additional 126 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its holdings in Thor Industries by 5.9% in the 4th quarter. Benjamin Edwards Inc. now owns 2,435 shares of the RV manufacturer’s stock valued at $250,000 after buying an additional 136 shares in the last quarter. Institutional investors and hedge funds own 96.71% of the company’s stock.

Thor Industries Price Performance

THO stock opened at $79.85 on Wednesday. Thor Industries, Inc. has a 52-week low of $69.71 and a 52-week high of $122.83. The company has a quick ratio of 0.80, a current ratio of 1.71 and a debt-to-equity ratio of 0.20. The stock has a market cap of $4.16 billion, a price-to-earnings ratio of 34.57, a price-to-earnings-growth ratio of 1.51 and a beta of 1.33. The business has a fifty day moving average of $76.08 and a two-hundred day moving average of $86.00.

Thor Industries (NYSE:THO) last announced its quarterly earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 EPS for the quarter, missing the consensus estimate 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 analyst estimates of $2.67 billion. During the same period last year, the company earned $2.53 EPS. The business’s revenue for the quarter was down 3.9% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, research analysts anticipate that Thor Industries, Inc. will post 3.2 earnings per share for the current year.

Thor Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were issued a $0.52 dividend. This represents a $2.08 annualized dividend and a yield of 2.6%. The ex-dividend date was Wednesday, July 1st. Thor Industries’s payout ratio is 90.04%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on THO. Argus upgraded Thor Industries to a “hold” rating in a report on Friday, June 12th. Citigroup dropped their price objective on shares of Thor Industries from $80.00 to $79.00 and set a “neutral” rating for the company in a report on Friday, July 24th. Roth Capital set a $78.00 price objective on shares of Thor Industries in a research report on Thursday, June 4th. Bank of America reduced their target price on shares of Thor Industries from $120.00 to $96.00 and set a “buy” rating on the stock in a research note on Thursday, June 4th. Finally, Weiss Ratings lowered shares of Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $92.33.

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.