Natixis Advisors LLC Has $71.16 Million Stock Holdings in Thor Industries, Inc. $THO

Key Points

• Natixis Advisors LLC raised its stake in Thor Industries by 5.4% to 686,278 shares—worth about $71.16 million and representing a 1.30% ownership after purchasing an additional 35,294 shares in Q3.
• Thor beat expectations for the most recent quarter with $0.34 EPS vs. $0.03 expected and revenue of $2.13 billion, and set FY2026 guidance of $3.75–$4.25 EPS (analysts’ average forecast: $4.64).
• COO W. Todd Woelfer sold 4,567 shares on Jan. 15 at an average price of $114.84, a 4.2% reduction in his holding; company insiders collectively own about 4.7% of the stock.

Natixis Advisors LLC raised its stake in shares of Thor Industries, Inc. (NYSE:THO - Free Report) by 5.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 686,278 shares of the RV manufacturer's stock after purchasing an additional 35,294 shares during the quarter. Natixis Advisors LLC owned 1.30% of Thor Industries worth $71,160,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of THO. Kingsview Wealth Management LLC lifted its position in shares of Thor Industries by 3.9% during the 3rd quarter. Kingsview Wealth Management LLC now owns 2,659 shares of the RV manufacturer's stock worth $276,000 after buying an additional 99 shares during the period. BNP Paribas Financial Markets raised its stake in Thor Industries by 1.7% during the second quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer's stock worth $539,000 after acquiring an additional 99 shares in the last quarter. Country Trust Bank lifted its holdings in shares of Thor Industries by 50.0% during the second quarter. Country Trust Bank now owns 300 shares of the RV manufacturer's stock valued at $27,000 after acquiring an additional 100 shares during the period. Cibc World Market Inc. boosted its stake in shares of Thor Industries by 0.7% in the 3rd quarter. Cibc World Market Inc. now owns 14,773 shares of the RV manufacturer's stock valued at $1,532,000 after purchasing an additional 104 shares in the last quarter. Finally, CANADA LIFE ASSURANCE Co grew its holdings in shares of Thor Industries by 0.3% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer's stock worth $3,089,000 after purchasing an additional 104 shares during the last quarter. 96.71% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, COO W. Todd Woelfer sold 4,567 shares of the firm's stock in a transaction dated Thursday, January 15th. The shares were sold at an average price of $114.84, for a total value of $524,474.28. Following the transaction, the chief operating officer owned 104,109 shares of the company's stock, valued at approximately $11,955,877.56. This trade represents a 4.20% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 4.70% of the company's stock.

Analyst Upgrades and Downgrades

THO has been the subject of several analyst reports. Zacks Research upgraded shares of Thor Industries from a "strong sell" rating to a "hold" rating in a research report on Thursday, January 1st. Citigroup dropped their price objective on shares of Thor Industries from $116.00 to $100.00 and set a "neutral" rating for the company in a report on Wednesday, March 4th. Benchmark reissued a "hold" rating on shares of Thor Industries in a report on Wednesday. Weiss Ratings reiterated a "hold (c)" rating on shares of Thor Industries in a research report on Wednesday, January 21st. Finally, Truist Financial increased their target price on Thor Industries from $110.00 to $112.00 and gave the stock a "hold" rating in a report on Tuesday, December 9th. Three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $106.40.

Thor Industries Stock Down 4.3%

NYSE:THO opened at $86.39 on Monday. The company has a market cap of $4.54 billion, a price-to-earnings ratio of 27.25, a P/E/G ratio of 1.64 and a beta of 1.44. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. The stock's fifty day moving average price is $109.74 and its two-hundred day moving average price is $106.71. Thor Industries, Inc. has a 52-week low of $63.15 and a 52-week high of $122.83.

Thor Industries (NYSE:THO - Get Free Report) last released its earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 EPS for the quarter, beating the consensus estimate of $0.03 by $0.31. The company had revenue of $2.13 billion during 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 business's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period last year, the firm earned ($0.01) EPS. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, analysts anticipate that Thor Industries, Inc. will post 4.64 EPS for the current year.

Thor Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, January 19th. Shareholders of record on Monday, January 5th were given a dividend of $0.52 per share. The ex-dividend date was Monday, January 5th. This represents a $2.08 dividend on an annualized basis and a yield of 2.4%. Thor Industries's dividend payout ratio is presently 65.62%.

About Thor Industries

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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