Deprince Race & Zollo Inc. Lowers Stake in Thor Industries, Inc. $THO

Key Points

• Deprince Race & Zollo Inc. cut its position in Thor Industries by 24.1% in Q4, selling 117,441 shares and ending the period with 369,569 shares worth about $37.94 million (≈0.70% ownership).
• Thor beat quarterly expectations with EPS of $0.34 (vs. $0.03 expected) and revenue of $2.13 billion (vs. $1.96 billion expected), and set FY2026 guidance of $3.75–4.25 per share while analysts forecast roughly $4.64.
• The company declared a quarterly dividend of $0.52 ($2.08 annualized), implying a ~2.6% yield, with an ex-dividend date of April 6 and payment on April 20.

Deprince Race & Zollo Inc. lessened its position in shares of Thor Industries, Inc. (NYSE:THO - Free Report) by 24.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 369,569 shares of the RV manufacturer's stock after selling 117,441 shares during the period. Deprince Race & Zollo Inc. owned approximately 0.70% of Thor Industries worth $37,944,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in THO. Foster Dykema Cabot & Partners LLC purchased a new stake in Thor Industries during the third quarter valued at about $27,000. V Square Quantitative Management LLC purchased a new stake in Thor Industries during the fourth quarter valued at about $29,000. Danske Bank A S purchased a new stake in Thor Industries during the third quarter valued at about $41,000. eCIO Inc. purchased a new stake in Thor Industries during the fourth quarter valued at about $49,000. Finally, Allworth Financial LP grew its position in Thor Industries by 50.2% during the third quarter. Allworth Financial LP now owns 497 shares of the RV manufacturer's stock valued at $52,000 after acquiring an additional 166 shares during the period. Hedge funds and other institutional investors own 96.71% of the company's stock.

Thor Industries Trading Down 0.1%

Shares of THO opened at $79.17 on Monday. The stock's 50-day moving average is $94.39 and its two-hundred day moving average is $101.84. The stock has a market cap of $4.16 billion, a PE ratio of 24.59, a P/E/G ratio of 1.54 and a beta of 1.45. Thor Industries, Inc. has a 12 month low of $66.50 and a 12 month high of $122.83. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.76 and a quick ratio of 0.73.

Thor Industries (NYSE:THO - Get Free Report) last issued its quarterly earnings data on Tuesday, March 3rd. The RV manufacturer reported $0.34 EPS for the quarter, topping analysts' consensus estimates of $0.03 by $0.31. The company had revenue of $2.13 billion for the quarter, compared to analysts' expectations of $1.96 billion. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The firm's quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.01) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Equities analysts forecast 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 will be paid on Monday, April 20th. Investors of record on Monday, April 6th will be paid a $0.52 dividend. The ex-dividend date is Monday, April 6th. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. Thor Industries's payout ratio is 64.60%.

Insider Activity

In other Thor Industries news, Director Peter Busch Orthwein purchased 2,600 shares of the business's stock in a transaction that occurred on Friday, March 6th. The shares were acquired at an average price of $88.25 per share, for a total transaction of $229,450.00. Following the completion of the purchase, the director owned 139,000 shares in the company, valued at $12,266,750. The trade was a 1.91% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO W. Todd Woelfer sold 4,567 shares of the business's stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $114.84, for a total value of $524,474.28. Following the completion of the transaction, the chief operating officer owned 104,109 shares in the company, valued at approximately $11,955,877.56. This trade represents a 4.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 4.70% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on THO. Truist Financial lowered their price target on Thor Industries from $112.00 to $109.00 and set a "hold" rating for the company in a research report on Wednesday, March 11th. Citigroup lowered their price target on Thor Industries from $116.00 to $100.00 and set a "neutral" rating for the company in a research report on Wednesday, March 4th. Benchmark restated a "hold" rating on shares of Thor Industries in a research note on Wednesday, March 4th. Zacks Research upgraded Thor Industries from a "strong sell" rating to a "hold" rating in a research note on Thursday, January 1st. Finally, Loop Capital set a $133.00 price objective on Thor Industries in a research note on Tuesday, January 13th. Three analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat, Thor Industries currently has a consensus rating of "Hold" and a consensus target price of $106.10.

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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