Thor Industries (NYSE:THO) Lowered to Hold Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Thor Industries (THO) from a "buy" to a "hold"; the stock's consensus rating is "Hold" (3 Buys, 10 Holds) with a consensus price target of $106.40.
• Quarterly results beat expectations: THO reported EPS of $0.34 versus $0.03 expected and revenue of $2.13B versus $1.96B, while issuing FY2026 guidance of $3.75–$4.25 EPS (analysts expect ~4.64).
• The shares opened at $86.39 and were down about 4.3%, trading well below the consensus target and 52‑week high, and the COO sold 4,567 shares while institutional ownership remains high (~96.7%).

Thor Industries (NYSE:THO - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

Several other brokerages also recently issued reports on THO. Loop Capital set a $133.00 price objective on shares of Thor Industries in a research note on Tuesday, January 13th. Roth Mkm boosted their price target on Thor Industries from $93.00 to $97.00 and gave the company a "neutral" rating in a report on Thursday, December 4th. UBS Group set a $97.00 price target on Thor Industries in a research note on Thursday, December 4th. Citigroup decreased their price objective on Thor Industries from $116.00 to $100.00 and set a "neutral" rating on the stock in a report on Wednesday. Finally, Robert W. Baird increased their target price on Thor Industries from $110.00 to $115.00 and gave the stock a "neutral" rating in a research report on Thursday, December 4th. Three investment analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, Thor Industries presently has a consensus rating of "Hold" and a consensus price target of $106.40.

Thor Industries Stock Down 4.3%

THO opened at $86.39 on Friday. The firm has a market cap of $4.54 billion, a P/E ratio of 27.25, a PEG ratio of 1.72 and a beta of 1.43. The business's fifty day simple moving average is $109.74 and its 200 day simple moving average is $106.71. Thor Industries has a 52 week low of $63.15 and a 52 week high of $122.83. The company has a quick ratio of 0.83, a current ratio of 1.76 and a debt-to-equity ratio of 0.20.

Thor Industries (NYSE:THO - Get Free Report) last released its earnings results on Tuesday, March 3rd. The RV manufacturer reported $0.34 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.31. Thor Industries had a net margin of 3.02% and a return on equity of 6.96%. The company had revenue of $2.13 billion for the quarter, compared to analyst estimates of $1.96 billion. During the same period in the prior year, the firm earned ($0.01) EPS. The firm's quarterly revenue was up 5.3% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. As a group, equities research analysts anticipate that Thor Industries will post 4.64 EPS for the current fiscal year.

Insider Buying and Selling

In other Thor Industries news, COO W. Todd Woelfer sold 4,567 shares of Thor Industries stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $114.84, for a total transaction of $524,474.28. Following the transaction, the chief operating officer directly owned 104,109 shares of the company's stock, valued at $11,955,877.56. The trade was a 4.20% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 4.70% of the company's stock.

Institutional Investors Weigh In On Thor Industries

Large investors have recently made changes to their positions in the business. XTX Topco Ltd raised its stake in shares of Thor Industries by 199.7% in the 2nd quarter. XTX Topco Ltd now owns 10,953 shares of the RV manufacturer's stock valued at $973,000 after purchasing an additional 7,298 shares in the last quarter. AXQ Capital LP bought a new stake in Thor Industries in the second quarter valued at about $524,000. Universal Beteiligungs und Servicegesellschaft mbH raised its stake in Thor Industries by 40.4% during the second quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 58,358 shares of the RV manufacturer's stock valued at $5,183,000 after buying an additional 16,785 shares in the last quarter. Ontario Teachers Pension Plan Board bought a new position in Thor Industries during the 2nd quarter worth approximately $556,000. Finally, Oak Thistle LLC grew its position in shares of Thor Industries by 870.9% in the 3rd quarter. Oak Thistle LLC now owns 31,410 shares of the RV manufacturer's stock worth $3,257,000 after acquiring an additional 28,175 shares in the last quarter. Institutional investors and hedge funds own 96.71% of the company's stock.

Thor Industries Company 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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