Bbfit Investments PTE Ltd. Invests $19.82 Million in Thor Industries, Inc. $THO

Key Points

• Bbfit Investments PTE Ltd. purchased 263,716 Thor Industries shares worth approximately $19.82 million, making THO about 1.8% of its portfolio and its sixth-largest holding.
• Thor Industries reported quarterly revenue of $2.78 billion, ahead of estimates, but earnings per share of $1.86 fell slightly short of expectations; revenue declined 3.9% year over year. The company guided for fiscal 2026 EPS of $3.30–$3.80.
• Shares recently traded at $77.67, while analysts maintained an overall “Hold” rating with a consensus price target of $92.33. Thor also pays a quarterly dividend of $0.52 per share, yielding about 2.7% annually.

Bbfit Investments PTE Ltd. purchased a new stake in shares of Thor Industries, Inc. (NYSE:THO - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 263,716 shares of the RV manufacturer's stock, valued at approximately $19,821,000. Thor Industries makes up about 1.8% of Bbfit Investments PTE Ltd.'s investment portfolio, making the stock its 6th biggest position. Bbfit Investments PTE Ltd. owned about 0.51% of Thor Industries as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Curio Wealth LLC bought a new position in Thor Industries during the fourth quarter valued at about $36,000. Allworth Financial LP bought a new stake in shares of Thor Industries during the 2nd quarter worth about $26,000. Danske Bank A S bought 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 position in shares of Thor Industries during the 4th quarter valued at about $51,000. Finally, CIBC Private Wealth Group LLC increased 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 valued at $56,000 after acquiring an additional 244 shares during the last quarter. Institutional investors and hedge funds own 96.71% of the company's stock.

Thor Industries Trading Down 2.3%

Shares of Thor Industries stock opened at $77.67 on Thursday. Thor Industries, Inc. has a 1 year low of $69.71 and a 1 year high of $122.83. The company's fifty day simple moving average is $76.70 and its 200-day simple moving average is $81.93. The company has a market cap of $4.04 billion, a price-to-earnings ratio of 33.62, a PEG ratio of 1.55 and a beta of 1.33. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20.

Thor Industries (NYSE:THO - Get Free Report) last released 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). The company had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. Thor Industries's revenue for the quarter was down 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.53 earnings per share. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, sell-side analysts expect that Thor Industries, Inc. will post 3.22 EPS for the current year.

Thor Industries Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were given a dividend of $0.52 per share. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $2.08 dividend on an annualized basis and a yield of 2.7%. Thor Industries's dividend payout ratio (DPR) is 90.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on THO shares. Wall Street Zen lowered Thor Industries from a "hold" rating to a "sell" rating in a report on Saturday, June 6th. Weiss Ratings downgraded Thor Industries from a "hold (c)" rating to a "hold (c-)" rating in a report on Thursday, June 18th. Truist Financial dropped their price target on shares of Thor Industries from $109.00 to $80.00 and set a "hold" rating on the stock in a research report on Wednesday, July 8th. Citigroup decreased their price objective on shares of Thor Industries from $80.00 to $79.00 and set a "neutral" rating for the company in a report on Friday, July 24th. Finally, Roth Capital set a $78.00 target price on shares of Thor Industries in a research note on Thursday, June 4th. Three analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the company presently 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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