Dimensional Fund Advisors LP Has $280.48 Million Holdings in THOR Industries, Inc. (NYSE:THO)

Dimensional Fund Advisors LP trimmed its holdings in THOR Industries, Inc. (NYSE:THO - Free Report) by 0.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,930,535 shares of the construction company's stock after selling 11,339 shares during the quarter. Dimensional Fund Advisors LP owned 5.51% of THOR Industries worth $280,478,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Venturi Wealth Management LLC raised its holdings in THOR Industries by 1.7% during the 4th quarter. Venturi Wealth Management LLC now owns 6,312 shares of the construction company's stock worth $604,000 after buying an additional 108 shares during the period. O Shaughnessy Asset Management LLC raised its holdings in THOR Industries by 0.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 15,971 shares of the construction company's stock worth $1,529,000 after buying an additional 112 shares during the period. Sanctuary Advisors LLC raised its holdings in THOR Industries by 0.5% during the 4th quarter. Sanctuary Advisors LLC now owns 21,614 shares of the construction company's stock worth $2,278,000 after buying an additional 113 shares during the period. Blue Trust Inc. raised its holdings in THOR Industries by 22.1% during the 4th quarter. Blue Trust Inc. now owns 669 shares of the construction company's stock worth $64,000 after buying an additional 121 shares during the period. Finally, First Horizon Advisors Inc. raised its holdings in THOR Industries by 57.3% during the 4th quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company's stock worth $32,000 after buying an additional 121 shares during the period. 96.71% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on THO. Citigroup downgraded THOR Industries from a "buy" rating to a "neutral" rating and cut their price objective for the stock from $94.00 to $86.00 in a report on Wednesday, March 19th. Baird R W downgraded THOR Industries from a "strong-buy" rating to a "hold" rating in a report on Friday, April 4th. DA Davidson upgraded THOR Industries to a "hold" rating in a report on Monday, April 14th. Truist Financial decreased their price target on shares of THOR Industries from $90.00 to $72.00 and set a "hold" rating for the company in a report on Monday, April 14th. Finally, Robert W. Baird lowered shares of THOR Industries from an "outperform" rating to a "neutral" rating and dropped their price objective for the company from $100.00 to $85.00 in a research note on Friday, April 4th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating and two have issued a buy rating to the company. Based on data from MarketBeat, THOR Industries presently has an average rating of "Hold" and a consensus target price of $87.57.

THOR Industries Stock Down 0.7 %

THO stock traded down $0.55 during midday trading on Friday, reaching $73.96. The company had a trading volume of 356,282 shares, compared to its average volume of 631,707. The company has a market capitalization of $3.93 billion, a P/E ratio of 18.92, a PEG ratio of 1.16 and a beta of 1.59. The company has a 50 day moving average of $80.28 and a two-hundred day moving average of $95.82. The company has a current ratio of 1.71, a quick ratio of 0.78 and a debt-to-equity ratio of 0.26. THOR Industries, Inc. has a 1 year low of $63.16 and a 1 year high of $118.85.

THOR Industries (NYSE:THO - Get Free Report) last released its quarterly earnings results on Wednesday, March 5th. The construction company reported ($0.01) earnings per share for the quarter, missing analysts' consensus estimates of $0.07 by ($0.08). The business had revenue of $2.02 billion for the quarter, compared to the consensus estimate of $1.98 billion. THOR Industries had a net margin of 2.17% and a return on equity of 5.97%. The firm's revenue for the quarter was down 8.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.13 EPS. On average, equities research analysts expect that THOR Industries, Inc. will post 4.64 earnings per share for the current fiscal year.

THOR Industries Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Stockholders of record on Tuesday, April 8th were issued a dividend of $0.50 per share. The ex-dividend date was Tuesday, April 8th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.70%. THOR Industries's dividend payout ratio is currently 53.05%.

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.