Callan Family Office LLC Makes New Investment in Thor Industries, Inc. $THO

Key Points

• Callan Family Office purchased 14,027 shares of Thor Industries worth approximately $1.05 million in the second quarter. Institutional investors collectively own 96.71% of the company, with several major firms also increasing or initiating positions.
• Thor Industries reported quarterly revenue of $2.78 billion, above estimates, but earnings of $1.86 per share narrowly missed consensus and revenue declined 3.9% year over year. The company issued fiscal 2026 EPS guidance of $3.30 to $3.80.
• The company maintains a quarterly dividend of $0.52 per share, representing a 2.6% annualized yield. Analysts have an average “Hold” rating and a consensus price target of $92.33, compared with shares trading near $79.49.

Callan Family Office LLC purchased a new stake in Thor Industries, Inc. (NYSE:THO - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 14,027 shares of the RV manufacturer's stock, valued at approximately $1,054,000.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new stake in shares of Thor Industries in the second quarter valued at approximately $363,258,000. Life Cycle Investment Partners Ltd acquired a new position in Thor Industries in the fourth quarter valued at $255,482,000. Madison Asset Management LLC acquired a new position in shares of Thor Industries during the 2nd quarter valued at about $66,217,000. ACR Alpine Capital Research LLC raised its stake in Thor Industries by 18.6% during the first quarter. ACR Alpine Capital Research LLC now owns 4,903,124 shares of the RV manufacturer's stock worth $391,711,000 after purchasing an additional 769,342 shares during the period. Finally, Balyasny Asset Management L.P. raised its position in shares of Thor Industries by 130.2% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,081,238 shares of the RV manufacturer's stock worth $111,011,000 after buying an additional 611,639 shares during the period. Hedge funds and other institutional investors own 96.71% of the company's stock.

Thor Industries Trading Up 0.0%

Shares of THO opened at $79.49 on Tuesday. Thor Industries, Inc. has a 1-year low of $69.71 and a 1-year high of $122.83. The business's 50-day moving average price is $76.50 and its 200 day moving average price is $82.50. The company has a current ratio of 1.71, a quick ratio of 0.80 and a debt-to-equity ratio of 0.20. The stock has a market capitalization of $4.14 billion, a P/E ratio of 34.41, a P/E/G ratio of 1.55 and a beta of 1.33.

Thor Industries (NYSE:THO - Get Free Report) last posted its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 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 firm had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.67 billion. During the same period in the prior year, the business posted $2.53 EPS. The company's revenue for the quarter was down 3.9% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. Analysts expect that Thor Industries, Inc. will post 3.22 earnings per share for the current year.

Thor Industries Announces Dividend

The business also recently announced 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 yield of 2.6%. The ex-dividend date was Wednesday, July 1st. Thor Industries's payout ratio is 90.04%.

Analysts Set New Price Targets

THO has been the topic of several recent research reports. Bank of America reduced their target price on shares of Thor Industries from $120.00 to $96.00 and set a "buy" rating on the stock in a report on Thursday, June 4th. Loop Capital raised their price target on shares of Thor Industries from $90.00 to $96.00 and gave the stock a "buy" rating in a research report on Thursday, June 4th. Citigroup cut their price objective on Thor Industries from $80.00 to $79.00 and set a "neutral" rating on the stock in a research note on Friday, July 24th. Weiss Ratings downgraded shares of Thor Industries from a "hold (c)" rating to a "hold (c-)" rating in a research report on Thursday, June 18th. Finally, Argus raised Thor Industries to a "hold" rating in a report on Friday, June 12th. Three research 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. According to MarketBeat, Thor Industries currently has an average rating of "Hold" and an average target price 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.

Want to see what other hedge funds are holding THO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Thor Industries, Inc. (NYSE:THO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source