Thor Industries, Inc. $THO Stock Position Raised by Shayne & Jacobs LLC

Key Points

• Shayne & Jacobs LLC increased its Thor Industries stake by 63.2% in the second quarter, bringing its holdings to 35,491 shares valued at approximately $2.67 million. Institutional investors collectively own 96.71% of the company.
• Wall Street sentiment remains cautious, with a consensus “Hold” rating and an average price target of $92.33; ratings include three Buys, ten Holds, and one Sell.
• Thor Industries reported quarterly revenue of $2.78 billion, beating estimates, but EPS of $1.86 fell slightly short and revenue declined 3.9% year over year. The company pays a quarterly dividend of $0.52, equivalent to a 2.6% yield.

Shayne & Jacobs LLC increased its holdings in shares of Thor Industries, Inc. (NYSE:THO - Free Report) by 63.2% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 35,491 shares of the RV manufacturer's stock after acquiring an additional 13,740 shares during the quarter. Thor Industries makes up approximately 0.8% of Shayne & Jacobs LLC's holdings, making the stock its 25th biggest holding. Shayne & Jacobs LLC owned 0.07% of Thor Industries worth $2,668,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Parallel Advisors LLC grew its holdings in shares of Thor Industries by 16.9% during the fourth quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer's stock valued at $64,000 after purchasing an additional 90 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Thor Industries by 1.7% during the 2nd quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer's stock worth $539,000 after purchasing an additional 99 shares during the period. CANADA LIFE ASSURANCE Co lifted 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. CWM LLC lifted its holdings in shares of Thor Industries by 18.9% in the 4th quarter. CWM LLC now owns 794 shares of the RV manufacturer's stock worth $82,000 after purchasing an additional 126 shares during the last quarter. Finally, Benjamin Edwards Inc. boosted its position in Thor Industries by 5.9% during the 4th quarter. Benjamin Edwards Inc. now owns 2,435 shares of the RV manufacturer's stock valued at $250,000 after purchasing an additional 136 shares during the period. Institutional investors own 96.71% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on THO. Zacks Research downgraded Thor Industries from a "hold" rating to a "strong sell" rating in a research note on Friday, June 5th. Seaport Research Partners assumed coverage on Thor Industries in a research note on Monday, April 20th. They issued a "neutral" rating on the stock. Benchmark reissued a "hold" rating on shares of Thor Industries in a report on Friday, June 12th. Argus upgraded shares of Thor Industries to a "hold" rating in a research report on Friday, June 12th. Finally, DA Davidson dropped their price objective on shares of Thor Industries from $100.00 to $80.00 and set a "neutral" rating on the stock in a report on Monday, June 15th. Three analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $92.33.

Thor Industries Stock Down 0.6%

THO opened at $79.44 on Thursday. Thor Industries, Inc. has a 12 month low of $69.71 and a 12 month high of $122.83. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80. The stock has a market cap of $4.14 billion, a P/E ratio of 34.39, a P/E/G ratio of 1.56 and a beta of 1.33. The stock's 50 day moving average price is $76.09 and its 200 day moving average price is $85.75.

Thor Industries (NYSE:THO - Get Free Report) last announced its quarterly earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share (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 business had revenue of $2.78 billion for the quarter, compared to analyst estimates of $2.67 billion. During the same quarter last year, the firm posted $2.53 EPS. The company's revenue was down 3.9% compared to the same quarter last year. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. As a group, research analysts predict that Thor Industries, Inc. will post 3.2 earnings per share for the current year.

Thor Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were issued a $0.52 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a $2.08 annualized dividend and a yield of 2.6%. Thor Industries's dividend payout ratio is presently 90.04%.

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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