385,608 Shares in Thor Industries, Inc. $THO Bought by Bank of New York Mellon Corp

Bank of New York Mellon Corp bought a new stake in shares of Thor Industries, Inc. (NYSE:THO - Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 385,608 shares of the RV manufacturer's stock, valued at approximately $28,982,000. Bank of New York Mellon Corp owned 0.74% of Thor Industries at the end of the most recent reporting period.

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

Thor Industries Stock Performance

Shares of NYSE:THO opened at $77.01 on Friday. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80. Thor Industries, Inc. has a 1 year low of $69.71 and a 1 year high of $122.83. The firm has a market capitalization of $4.01 billion, a PE ratio of 33.34, a P/E/G ratio of 1.49 and a beta of 1.33. The business's 50 day moving average price is $76.88 and its 200-day moving average price is $81.58.

Thor Industries (NYSE:THO - Get Free Report) last released its earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.88 by ($0.02). Thor Industries had a return on equity of 5.74% and a net margin of 2.67%.The business had revenue of $2.78 billion for the quarter, compared to analysts' expectations of $2.67 billion. During the same period in the previous year, the company earned $2.53 EPS. Thor Industries's quarterly revenue was down 3.9% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, equities research analysts expect that Thor Industries, Inc. will post 3.21 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The business also recently declared 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 dividend yield of 2.7%. The ex-dividend date of this dividend was Wednesday, July 1st. Thor Industries's dividend payout ratio (DPR) is currently 90.04%.

More Thor Industries News

Here are the key news stories impacting Thor Industries this week:

• Positive Sentiment: Zacks Research raised several forward EPS estimates. The firm increased its FY2027 forecast to $3.86 from $3.71, FY2028 to $5.39 from $4.73, and Q1 2028 to $1.18 from $0.80. Estimates for Q1 2027, Q2 2027, Q4 2027, Q2 2028, Q3 2028 and Q4 2028 were also raised, suggesting analysts see stronger earnings potential for the RV manufacturer over the next several years.
• Positive Sentiment: Thor Industries was identified as a momentum-at-a-reasonable-price opportunity. A Zacks screen highlighted THO for its recent momentum while characterizing the stock as attractively valued for bargain-focused investors. Here Is Why Bargain Hunters Would Love Fast-paced Mover Thor Industries
• Neutral Sentiment: Zacks maintained a “Hold” rating. Despite the higher longer-term forecasts, the unchanged rating signals that analysts are not yet recommending aggressive buying. The current full-year consensus EPS estimate is $3.22.
• Negative Sentiment: Some near-term estimates were trimmed. Zacks lowered its Q4 2026 EPS forecast to $1.01 from $1.02 and FY2026 to $3.32 from $3.33. This indicates that the anticipated earnings improvement is weighted more toward later periods than the immediate outlook.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on THO shares. Roth Capital set a $78.00 target price on shares of Thor Industries in a research note on Thursday, June 4th. Bank of America dropped their price target on shares of Thor Industries from $120.00 to $96.00 and set a "buy" rating on the stock in a research report on Thursday, June 4th. Weiss Ratings cut shares of Thor Industries from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, June 18th. Truist Financial decreased their price objective on shares of Thor Industries from $109.00 to $80.00 and set a "hold" rating for the company in a research report on Wednesday, July 8th. Finally, Zacks Research raised shares of Thor Industries from a "strong sell" rating to a "hold" rating in a research note on Monday, August 24th. Three equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, Thor Industries currently has a consensus rating of "Hold" and an average target price 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.

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