280,732 Shares in Thor Industries, Inc. $THO Acquired by Jupiter Topco LLC

Jupiter Topco LLC acquired a new stake in Thor Industries, Inc. (NYSE:THO – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 280,732 shares of the RV manufacturer’s stock, valued at approximately $21,098,000.

A number of other large investors also recently made changes to their positions in the company. Hsbc Holdings PLC bought a new position in Thor Industries during the 2nd quarter worth $288,000. Canada Pension Plan Investment Board acquired a new position in shares of Thor Industries in the 2nd quarter valued at approximately $65,419,000. Legal & General Group Plc bought a new stake in Thor Industries during the second quarter worth $5,659,000. The Manufacturers Life Insurance Company bought a new stake in shares of Thor Industries during the 2nd quarter worth $2,590,000. Finally, Hyperion Capital Advisors LP bought a new position in shares of Thor Industries in the second quarter worth about $765,000. Institutional investors own 96.71% of the company’s stock.

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Thor Industries Stock Performance

NYSE:THO opened at $77.01 on Friday. Thor Industries, Inc. has a 1 year low of $69.71 and a 1 year high of $122.83. The business has a fifty day simple moving average of $76.88 and a two-hundred day simple moving average of $81.58. The company has a market capitalization of $4.01 billion, a P/E ratio of 33.34, a P/E/G ratio of 1.48 and a beta of 1.33. 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 posted its quarterly earnings results on Wednesday, June 3rd. The RV manufacturer reported $1.86 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 company had revenue of $2.78 billion during the quarter, compared to the consensus estimate of $2.67 billion. During the same period in the previous year, the business earned $2.53 earnings per share. Thor Industries’s revenue was down 3.9% on a year-over-year basis. Thor Industries has set its FY 2026 guidance at 3.300-3.800 EPS. On average, analysts expect that Thor Industries, Inc. will post 3.22 earnings per share for the current year.

Thor Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.52 per share. The ex-dividend date was Wednesday, July 1st. This represents a $2.08 annualized dividend and a yield of 2.7%. Thor Industries’s payout ratio is presently 90.04%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on THO shares. Benchmark reissued a “hold” rating on shares of Thor Industries in a report on Friday, June 12th. Loop Capital upped their price objective on shares of Thor Industries from $90.00 to $96.00 and gave the company a “buy” rating in a research note on Thursday, June 4th. Weiss Ratings cut Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a research note on Thursday, June 18th. BMO Capital Markets reduced their price target on shares of Thor Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, June 4th. Finally, Bank of America lowered their target price on Thor Industries from $120.00 to $96.00 and set a “buy” rating on the stock in a research report on Thursday, June 4th. Three research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $92.33.

Read Our Latest Analysis on Thor Industries

Thor Industries Company Profile

(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.

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