Thor Industries (NYSE:THO) COO W. Todd Woelfer Sells 1,729 Shares

Thor Industries, Inc. (NYSE:THO) COO W. Todd Woelfer sold 1,729 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $103.15, for a total transaction of $178,346.35. Following the completion of the transaction, the chief operating officer owned 112,680 shares in the company, valued at approximately $11,622,942. The trade was a 1.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

Thor Industries Trading Up 0.8%

Shares of NYSE:THO traded up $0.78 during midday trading on Tuesday, reaching $102.25. The company’s stock had a trading volume of 604,529 shares, compared to its average volume of 746,218. Thor Industries, Inc. has a fifty-two week low of $63.15 and a fifty-two week high of $117.09. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.83 and a current ratio of 1.81. The firm has a 50 day moving average price of $103.57 and a two-hundred day moving average price of $99.67. The firm has a market capitalization of $5.40 billion, a price-to-earnings ratio of 32.26, a PEG ratio of 1.88 and a beta of 1.32.

Thor Industries (NYSE:THO) last issued its earnings results on Wednesday, December 3rd. The RV manufacturer reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.11) by $0.52. Thor Industries had a return on equity of 7.05% and a net margin of 2.87%.The business had revenue of $2.39 million during the quarter, compared to the consensus estimate of $2.05 billion. During the same period in the previous year, the company posted ($0.03) earnings per share. 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. As a group, analysts forecast that Thor Industries, Inc. will post 4.64 earnings per share for the current year.

Thor Industries Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, November 6th. Investors of record on Thursday, October 23rd were given a $0.52 dividend. This represents a $2.08 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date of this dividend was Thursday, October 23rd. This is a positive change from Thor Industries’s previous quarterly dividend of $0.50. Thor Industries’s dividend payout ratio is presently 65.62%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on THO. UBS Group set a $97.00 price objective on shares of Thor Industries in a report on Thursday, December 4th. Benchmark reiterated a “hold” rating on shares of Thor Industries in a research note on Tuesday, December 2nd. Bank of America boosted their price objective on Thor Industries from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Wednesday, September 10th. Robert W. Baird raised their target price on Thor Industries from $110.00 to $115.00 and gave the company a “neutral” rating in a report on Thursday, December 4th. Finally, Raymond James Financial raised Thor Industries from an “underperform” rating to a “market perform” rating in a research report on Monday, October 27th. Two investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $104.10.

Hedge Funds Weigh In On Thor Industries

Institutional investors have recently modified their holdings of the business. Hantz Financial Services Inc. lifted its holdings in Thor Industries by 2,463.6% during the second quarter. Hantz Financial Services Inc. now owns 282 shares of the RV manufacturer’s stock worth $25,000 after acquiring an additional 271 shares during the period. Country Trust Bank increased its position in shares of Thor Industries by 50.0% during the 2nd quarter. Country Trust Bank now owns 300 shares of the RV manufacturer’s stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Foster Dykema Cabot & Partners LLC purchased a new stake in shares of Thor Industries during the 3rd quarter valued at $27,000. Curio Wealth LLC raised its stake in shares of Thor Industries by 33,300.0% during the 2nd quarter. Curio Wealth LLC now owns 334 shares of the RV manufacturer’s stock worth $30,000 after purchasing an additional 333 shares during the period. Finally, MAI Capital Management boosted its holdings in shares of Thor Industries by 174.8% in the 2nd quarter. MAI Capital Management now owns 371 shares of the RV manufacturer’s stock worth $33,000 after buying an additional 236 shares during the last quarter. 96.71% of the stock is owned by institutional investors.

About Thor Industries

THOR Industries, Inc designs, manufactures, and sells recreational vehicles (RVs), and related parts and accessories in the United States, Canada, and Europe. The company offers travel trailers; gasoline and diesel Class A, Class B, and Class C motorhomes; conventional travel trailers and fifth wheels; luxury fifth wheels; and motorcaravans, caravans, campervans, and urban vehicles.