Madison Asset Management LLC Purchases Shares of 881,017 Thor Industries, Inc. $THO

Posted by Brenda Bartman on Aug 20th, 2026

Madison Asset Management LLC acquired a new position in shares of Thor Industries, Inc. (NYSE:THO – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 881,017 shares of the RV manufacturer’s stock, valued at approximately $66,217,000.

Several other institutional investors also recently modified their holdings of the stock. Curio Wealth LLC bought a new stake in Thor Industries during the fourth quarter valued at approximately $36,000. Danske Bank A S bought a new stake in Thor Industries in the third quarter valued at approximately $41,000. Fideuram Intesa Sanpaolo Private Banking S.P.A. purchased a new stake in shares of Thor Industries during the fourth quarter valued at approximately $51,000. CIBC Private Wealth Group LLC boosted its stake in shares of Thor Industries by 83.0% during the third quarter. CIBC Private Wealth Group LLC now owns 538 shares of the RV manufacturer’s stock valued at $56,000 after purchasing an additional 244 shares during the period. Finally, Parallel Advisors LLC grew its holdings in shares of Thor Industries by 16.9% in the fourth quarter. Parallel Advisors LLC now owns 621 shares of the RV manufacturer’s stock worth $64,000 after purchasing an additional 90 shares during the last quarter. 96.71% of the stock is currently owned by institutional investors.

Thor Industries Trading Up 2.8%

Shares of NYSE THO opened at $79.96 on Thursday. Thor Industries, Inc. has a 1 year low of $69.71 and a 1 year high of $122.83. The stock has a market cap of $4.16 billion, a P/E ratio of 34.61, a price-to-earnings-growth ratio of 1.51 and a beta of 1.33. The firm has a 50-day moving average of $76.34 and a 200 day moving average of $83.24. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.71 and a quick ratio of 0.80.

Thor Industries (NYSE:THO – Get Free Report) last announced its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share 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 during the quarter, compared to analysts’ expectations of $2.67 billion. During the same quarter last year, the company posted $2.53 EPS. Thor Industries’s revenue for the quarter 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, sell-side analysts expect that Thor Industries, Inc. will post 3.22 EPS for the current fiscal year.

Thor Industries Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Stockholders of record on Wednesday, July 1st were given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Wednesday, July 1st. Thor Industries’s payout ratio is currently 90.04%.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the stock. Wall Street Zen downgraded shares of Thor Industries from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Zacks Research cut shares of Thor Industries from a “hold” rating to a “strong sell” rating in a research report on Friday, June 5th. Citigroup cut their price target on shares of Thor Industries from $80.00 to $79.00 and set a “neutral” rating on the stock in a report on Friday, July 24th. Bank of America decreased their price objective on shares of Thor Industries from $120.00 to $96.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Finally, Truist Financial lowered their price objective on shares of Thor Industries from $109.00 to $80.00 and set a “hold” rating for the company in a research note on Wednesday, July 8th. Three analysts have rated the stock with a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $92.33.

Get Our Latest Analysis on Thor Industries

About Thor Industries

(Free Report)

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.