Harbor Capital Advisors Inc. Has $2.75 Million Stock Holdings in THOR Industries, Inc. (NYSE:THO)

Harbor Capital Advisors Inc. grew its stake in THOR Industries, Inc. (NYSE:THO - Free Report) by 26.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 36,235 shares of the construction company's stock after buying an additional 7,546 shares during the quarter. Harbor Capital Advisors Inc. owned 0.07% of THOR Industries worth $2,747,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Atala Financial Inc bought a new stake in shares of THOR Industries during the fourth quarter worth $27,000. First Horizon Advisors Inc. increased its position in shares of THOR Industries by 57.3% during the fourth quarter. First Horizon Advisors Inc. now owns 332 shares of the construction company's stock worth $32,000 after acquiring an additional 121 shares in the last quarter. Brown Brothers Harriman & Co. increased its position in shares of THOR Industries by 369.7% during the fourth quarter. Brown Brothers Harriman & Co. now owns 418 shares of the construction company's stock worth $40,000 after acquiring an additional 329 shares in the last quarter. UMB Bank n.a. increased its position in shares of THOR Industries by 135.6% during the first quarter. UMB Bank n.a. now owns 483 shares of the construction company's stock worth $37,000 after acquiring an additional 278 shares in the last quarter. Finally, Stonebridge Financial Group LLC bought a new stake in shares of THOR Industries during the fourth quarter worth $51,000. Institutional investors own 96.71% of the company's stock.

THOR Industries Stock Performance

THO stock traded down $1.13 during trading hours on Friday, reaching $86.86. The stock had a trading volume of 795,449 shares, compared to its average volume of 664,316. The stock has a market capitalization of $4.62 billion, a PE ratio of 22.21, a price-to-earnings-growth ratio of 1.16 and a beta of 1.21. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78. The stock has a 50-day simple moving average of $77.52 and a 200 day simple moving average of $88.75. THOR Industries, Inc. has a fifty-two week low of $63.16 and a fifty-two week high of $118.85.

THOR Industries (NYSE:THO - Get Free Report) last announced its quarterly earnings results on Wednesday, June 4th. The construction company reported $2.53 EPS for the quarter, beating analysts' consensus estimates of $1.79 by $0.74. The firm had revenue of $2.89 billion during the quarter, compared to analysts' expectations of $2.60 billion. THOR Industries had a net margin of 2.17% and a return on equity of 5.97%. The company's revenue for the quarter was up 3.3% compared to the same quarter last year. During the same quarter last year, the company posted $2.13 earnings per share. Analysts predict that THOR Industries, Inc. will post 4.64 EPS for the current fiscal year.

THOR Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 22nd. Shareholders of record on Tuesday, April 8th were paid a $0.50 dividend. This represents a $2.00 dividend on an annualized basis and a yield of 2.30%. The ex-dividend date of this dividend was Tuesday, April 8th. THOR Industries's dividend payout ratio is currently 47.96%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on THO shares. Baird R W downgraded shares of THOR Industries from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 4th. KeyCorp increased their target price on shares of THOR Industries from $60.00 to $65.00 and gave the stock an "underweight" rating in a report on Friday, May 30th. Wall Street Zen upgraded shares of THOR Industries from a "sell" rating to a "hold" rating in a report on Friday, June 6th. Bank of America upgraded shares of THOR Industries from a "neutral" rating to a "buy" rating and increased their target price for the stock from $110.00 to $125.00 in a report on Monday, March 3rd. Finally, Robert W. Baird cut shares of THOR Industries from an "outperform" rating to a "neutral" rating and reduced their target price for the stock from $100.00 to $85.00 in a report on Friday, April 4th. One analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $87.63.

THOR Industries Profile

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.