Vanguard Group Inc. Sells 113,078 Shares of Thor Industries, Inc. $THO

Key Points

• Vanguard Group trimmed its position by 113,078 shares (2.1%) in Q4, leaving 5,224,225 shares—about 9.89% of Thor worth roughly $536.4 million.
• Thor beat quarterly expectations (EPS $0.34 vs $0.03 estimate; revenue $2.13B vs $1.96B) and issued FY2026 guidance of $3.75–$4.25 EPS.
• Shares opened at $73.71 (down ~5.7%), market cap ~ $3.88B; analysts mostly rate THO as a Hold with a consensus target of $105.60, and the stock yields 2.8%.

Vanguard Group Inc. lowered its stake in Thor Industries, Inc. (NYSE:THO - Free Report) by 2.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,224,225 shares of the RV manufacturer's stock after selling 113,078 shares during the period. Vanguard Group Inc. owned approximately 9.89% of Thor Industries worth $536,371,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the business. Concurrent Investment Advisors LLC acquired a new stake in Thor Industries in the fourth quarter valued at about $239,000. M&T Bank Corp acquired a new position in shares of Thor Industries in the fourth quarter worth approximately $1,025,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Thor Industries by 65.3% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 16,047 shares of the RV manufacturer's stock worth $1,648,000 after acquiring an additional 6,342 shares during the period. CWM LLC lifted its stake in shares of Thor Industries by 18.9% in the fourth quarter. CWM LLC now owns 794 shares of the RV manufacturer's stock worth $82,000 after acquiring an additional 126 shares during the period. Finally, Choreo LLC lifted its stake in shares of Thor Industries by 9.9% in the fourth quarter. Choreo LLC now owns 394,513 shares of the RV manufacturer's stock worth $41,128,000 after acquiring an additional 35,655 shares during the period. 96.71% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

THO has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Thor Industries in a research note on Wednesday, January 21st. Benchmark reaffirmed a "hold" rating on shares of Thor Industries in a research note on Wednesday, March 4th. Citigroup cut their price objective on Thor Industries from $116.00 to $100.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 4th. Loop Capital set a $133.00 price objective on Thor Industries in a research note on Tuesday, January 13th. Finally, Truist Financial cut their price objective on Thor Industries from $112.00 to $109.00 and set a "hold" rating on the stock in a research note on Wednesday, March 11th. Three investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Thor Industries currently has an average rating of "Hold" and a consensus target price of $105.60.

Insiders Place Their Bets

In other Thor Industries news, Director Peter Busch Orthwein bought 2,600 shares of the stock in a transaction on Friday, March 6th. The stock was acquired at an average cost of $88.25 per share, for a total transaction of $229,450.00. Following the completion of the acquisition, the director owned 139,000 shares in the company, valued at $12,266,750. This trade represents a 1.91% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this link. Insiders own 4.70% of the company's stock.

Thor Industries Trading Down 5.7%

Shares of THO stock opened at $73.71 on Tuesday. The company has a market cap of $3.88 billion, a P/E ratio of 22.89, a PEG ratio of 1.56 and a beta of 1.34. The stock has a 50 day simple moving average of $83.76 and a two-hundred day simple moving average of $99.32. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.73 and a current ratio of 1.76. Thor Industries, Inc. has a fifty-two week low of $73.29 and a fifty-two week high of $122.83.

Thor Industries (NYSE:THO - Get Free Report) last issued its earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.31. The business had revenue of $2.13 billion during the quarter, compared to the consensus estimate of $1.96 billion. Thor Industries had a return on equity of 6.96% and a net margin of 3.02%.The firm's revenue for the quarter was up 5.3% on a year-over-year basis. During the same period in the previous year, the company posted ($0.01) earnings per share. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. Research analysts forecast that Thor Industries, Inc. will post 3.75 earnings per share for the current year.

Thor Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, April 20th. Shareholders of record on Monday, April 6th were issued a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Monday, April 6th. Thor Industries's payout ratio is presently 64.60%.

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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