Thor Industries (NYSE:THO) Sets New 12-Month High – What’s Next?

Shares of Thor Industries, Inc. (NYSE:THO) hit a new 52-week high during trading on Thursday . The company traded as high as $122.83 and last traded at $120.7450, with a volume of 10164 shares. The stock had previously closed at $119.81.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. Robert W. Baird lifted 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. Zacks Research upgraded shares of Thor Industries from a “strong sell” rating to a “hold” rating in a research note on Thursday, January 1st. UBS Group set a $97.00 price objective on shares of Thor Industries in a research note on Thursday, December 4th. Raymond James Financial raised shares of Thor Industries from an “underperform” rating to a “market perform” rating in a research report on Monday, October 27th. Finally, Citigroup upped their target price on shares of Thor Industries from $108.00 to $116.00 and gave the company a “neutral” rating in a research note on Friday, January 16th. Three investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $107.20.

Thor Industries Stock Performance

The company has a debt-to-equity ratio of 0.21, a current ratio of 1.81 and a quick ratio of 0.83. The stock has a fifty day moving average price of $109.83 and a two-hundred day moving average price of $106.06. The company has a market cap of $6.00 billion, a P/E ratio of 35.79, a PEG ratio of 2.17 and a beta of 1.41.

Thor Industries (NYSE:THO) last announced its earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, beating the consensus estimate of ($0.11) by $0.52. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.The firm had revenue of $2.39 million for the quarter, compared to the consensus estimate of $2.05 billion. During the same quarter in the previous year, the business earned ($0.03) EPS. The firm’s revenue for the quarter was up 11.5% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.750-4.250 EPS. On average, equities analysts forecast that Thor Industries, Inc. will post 4.64 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The business also recently declared 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. This represents a $2.08 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Monday, January 5th. Thor Industries’s payout ratio is 65.62%.

Insider Buying and Selling at Thor Industries

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

Institutional Investors Weigh In On Thor Industries

A number of institutional investors have recently added to or reduced their stakes in the company. Life Cycle Investment Partners Ltd acquired a new position in Thor Industries during the fourth quarter worth about $255,482,000. ACR Alpine Capital Research LLC increased its stake in Thor Industries by 22.5% in the 2nd quarter. ACR Alpine Capital Research LLC now owns 4,265,031 shares of the RV manufacturer’s stock valued at $378,777,000 after buying an additional 782,114 shares during the period. Norges Bank acquired a new stake in Thor Industries during the second quarter valued at $51,597,000. Timucuan Asset Management Inc. FL lifted its holdings in shares of Thor Industries by 9.2% during the 2nd quarter. Timucuan Asset Management Inc. FL now owns 2,674,398 shares of the RV manufacturer’s stock valued at $237,513,000 after buying an additional 225,997 shares during the last quarter. Finally, American Century Companies Inc. grew its position in Thor Industries by 16.7% in the third quarter. American Century Companies Inc. now owns 1,362,071 shares of the RV manufacturer’s stock worth $141,233,000 after acquiring an additional 195,357 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors and hedge funds.

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.