Heartland Advisors Inc. Has $16.72 Million Stock Holdings in Thor Industries, Inc. $THO

Heartland Advisors Inc. decreased its stake in Thor Industries, Inc. (NYSE:THO) by 4.1% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 162,817 shares of the RV manufacturer’s stock after selling 6,953 shares during the quarter. Thor Industries makes up about 0.9% of Heartland Advisors Inc.’s holdings, making the stock its 26th biggest position. Heartland Advisors Inc.’s holdings in Thor Industries were worth $16,716,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of THO. ACR Alpine Capital Research LLC grew its holdings in shares of Thor Industries by 0.7% during the 4th quarter. ACR Alpine Capital Research LLC now owns 4,133,782 shares of the RV manufacturer’s stock valued at $424,415,000 after acquiring an additional 26,712 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of Thor Industries by 1.0% during the third quarter. Dimensional Fund Advisors LP now owns 3,002,337 shares of the RV manufacturer’s stock worth $311,317,000 after acquiring an additional 29,075 shares in the last quarter. Life Cycle Investment Partners Ltd purchased a new stake in shares of Thor Industries during the fourth quarter worth $255,482,000. Capital Research Global Investors boosted its position in Thor Industries by 3.2% during the fourth quarter. Capital Research Global Investors now owns 1,581,876 shares of the RV manufacturer’s stock valued at $162,411,000 after purchasing an additional 48,466 shares during the last quarter. Finally, American Century Companies Inc. boosted its position in Thor Industries by 16.7% during the third quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock valued at $141,233,000 after purchasing an additional 195,357 shares during the last quarter. Institutional investors and hedge funds own 96.71% of the company’s stock.

Thor Industries Stock Performance

THO opened at $75.10 on Thursday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71. The company has a market cap of $3.91 billion, a PE ratio of 32.51, a price-to-earnings-growth ratio of 2.11 and a beta of 1.32. The stock has a 50-day moving average of $77.52 and a 200-day moving average of $94.23. Thor Industries, Inc. has a 52-week low of $69.71 and a 52-week high of $122.83.

Thor Industries (NYSE:THO) last issued its quarterly earnings data 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 company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.67 billion. During the same period in the previous year, the business posted $2.53 earnings per share. 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. As a group, equities research analysts forecast that Thor Industries, Inc. will post 3.17 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 20th. Stockholders of record on Monday, April 6th were given a $0.52 dividend. The ex-dividend date of this dividend was Monday, April 6th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.8%. Thor Industries’s dividend payout ratio (DPR) is currently 90.04%.

Analysts Set New Price Targets

A number of research analysts have commented on the company. DA Davidson dropped their target price on Thor Industries from $102.00 to $100.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 4th. Roth Mkm set a $78.00 price target on Thor Industries in a report on Thursday, June 4th. Loop Capital boosted their price target on Thor Industries from $90.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. BNP Paribas Exane began coverage on Thor Industries in a report on Monday, April 20th. They issued a “neutral” rating on the stock. Finally, Benchmark reaffirmed a “hold” rating on shares of Thor Industries in a research report on Wednesday, March 4th. Three research analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Thor Industries currently has a consensus rating of “Hold” and an average price target of $97.89.

Thor Industries Company 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.