4,833,128 Shares in Thor Industries, Inc. $THO Acquired by BlackRock Inc.

Key Points

• BlackRock acquired 4.83 million Thor Industries shares worth approximately $363.3 million, giving it a 9.28% stake. Institutional investors collectively own 96.71% of the RV manufacturer.
• Thor Industries reported quarterly revenue of $2.78 billion, exceeding estimates, but EPS of $1.86 fell slightly short of expectations and revenue declined 3.9% year over year. The company guided to fiscal 2026 EPS of $3.30–$3.80.
• Shares opened at $79.53, while analysts’ consensus rating remained “Hold” with a $92.33 average price target. Thor also maintains a quarterly dividend of $0.52, equal to a 2.6% annualized yield.

BlackRock Inc. purchased a new stake in shares of Thor Industries, Inc. (NYSE:THO - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 4,833,128 shares of the RV manufacturer's stock, valued at approximately $363,258,000. BlackRock Inc. owned about 9.28% of Thor Industries at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Curio Wealth LLC acquired a new position in shares of Thor Industries in the fourth quarter valued at $36,000. Danske Bank A S acquired a new stake in shares of Thor Industries during the 3rd quarter worth about $41,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of Thor Industries during the 4th quarter worth about $51,000. CIBC Private Wealth Group LLC boosted its holdings in shares of Thor Industries by 83.0% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 538 shares of the RV manufacturer's stock worth $56,000 after buying an additional 244 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in shares of Thor Industries by 16.9% during the 4th quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer's stock worth $64,000 after buying an additional 90 shares during the period. 96.71% of the stock is owned by institutional investors.

Thor Industries Trading Up 0.1%

THO stock opened at $79.53 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 market capitalization of $4.14 billion, a PE ratio of 34.43, a price-to-earnings-growth ratio of 1.54 and a beta of 1.33. The company's 50-day simple moving average is $76.59 and its 200 day simple moving average is $82.21. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71.

Thor Industries (NYSE:THO - Get Free Report) last issued its 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 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 analyst estimates of $2.67 billion. During the same period in the previous year, the firm posted $2.53 EPS. The firm's 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, sell-side analysts anticipate that Thor Industries, Inc. will post 3.22 earnings per share for the current year.

Thor Industries Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Weiss Ratings lowered shares of Thor Industries from a "hold (c)" rating to a "hold (c-)" rating in a research note on Thursday, June 18th. Zacks Research cut Thor Industries from a "hold" rating to a "strong sell" rating in a report on Friday, June 5th. Roth Capital set a $78.00 target price on Thor Industries in a research report on Thursday, June 4th. Truist Financial decreased their target price on Thor Industries from $109.00 to $80.00 and set a "hold" rating on the stock in a research report on Wednesday, July 8th. Finally, BMO Capital Markets lowered their target price on Thor Industries from $120.00 to $110.00 and set an "outperform" rating on the stock in a research note on Thursday, June 4th. Three analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $92.33.

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.

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