Pacer Advisors Inc. Sells 104,618 Shares of Thor Industries, Inc. $THO

Pacer Advisors Inc. lessened its stake in Thor Industries, Inc. (NYSE:THO) by 30.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 241,925 shares of the RV manufacturer’s stock after selling 104,618 shares during the quarter. Pacer Advisors Inc. owned about 0.46% of Thor Industries worth $25,085,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in THO. Hantz Financial Services Inc. grew its position in shares of Thor Industries by 2,463.6% during the 2nd quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock worth $25,000 after buying an additional 271 shares during the period. Country Trust Bank boosted its stake in Thor Industries by 50.0% during the 2nd quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock worth $27,000 after acquiring an additional 100 shares during the last quarter. Curio Wealth LLC grew its holdings in Thor Industries by 33,300.0% during the second quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock valued at $30,000 after purchasing an additional 333 shares during the period. MAI Capital Management increased its stake in Thor Industries by 174.8% in the second quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock valued at $33,000 after purchasing an additional 236 shares in the last quarter. Finally, Signaturefd LLC raised its holdings in Thor Industries by 86.6% in the second quarter. Signaturefd LLC now owns 446 shares of the RV manufacturer’s stock worth $40,000 after purchasing an additional 207 shares during the period. Institutional investors and hedge funds own 96.71% of the company’s stock.

Thor Industries Price Performance

NYSE:THO opened at $106.19 on Friday. Thor Industries, Inc. has a 52-week low of $63.15 and a 52-week high of $117.09. The company has a market cap of $5.61 billion, a P/E ratio of 33.50, a P/E/G ratio of 1.95 and a beta of 1.32. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 1.81. The stock’s 50-day simple moving average is $103.91 and its 200 day simple moving average is $100.78.

Thor Industries (NYSE:THO) last released its quarterly earnings data on Wednesday, December 3rd. The RV manufacturer reported $0.41 EPS for the quarter, beating the consensus estimate of ($0.11) by $0.52. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.The company had revenue of $2.39 million during the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the prior year, the firm posted ($0.03) EPS. The firm’s revenue for the quarter was up 11.5% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, sell-side analysts forecast that Thor Industries, Inc. will post 4.64 EPS for the current fiscal year.

Thor Industries Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 19th. Stockholders of record on Monday, January 5th will be issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend is Monday, January 5th. Thor Industries’s dividend payout ratio is presently 65.62%.

Insider Transactions at Thor Industries

In related news, COO W. Todd Woelfer sold 1,729 shares of Thor Industries stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $103.15, for a total transaction of $178,346.35. Following the completion of the transaction, the chief operating officer owned 112,680 shares in the company, valued at approximately $11,622,942. This trade represents a 1.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 4.70% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on THO shares. Weiss Ratings reissued a “hold (c)” rating on shares of Thor Industries in a report on Wednesday, October 8th. BMO Capital Markets boosted their target price on Thor Industries from $105.00 to $115.00 and gave the company an “outperform” rating in a research note on Friday, September 26th. Robert W. Baird raised their price target on Thor Industries from $110.00 to $115.00 and gave the stock a “neutral” rating in a research report on Thursday, December 4th. Raymond James Financial upgraded Thor Industries from an “underperform” rating to a “market perform” rating in a report on Monday, October 27th. Finally, Truist Financial increased their target price on Thor Industries from $110.00 to $112.00 and gave the stock a “hold” rating in a research note on Tuesday, December 9th. Two investment analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $104.10.

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.