California State Teachers Retirement System Purchases 11,759 Shares of Thor Industries, Inc. $THO

California State Teachers Retirement System increased its position in Thor Industries, Inc. (NYSE:THO) by 24.8% in the first quarter, HoldingsChannel reports. The firm owned 59,237 shares of the RV manufacturer’s stock after purchasing an additional 11,759 shares during the quarter. California State Teachers Retirement System’s holdings in Thor Industries were worth $4,732,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Parallel Advisors LLC lifted its holdings in shares of Thor Industries by 16.9% in the 4th 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. BNP Paribas Financial Markets grew its position in Thor Industries by 1.7% in the 2nd quarter. BNP Paribas Financial Markets now owns 6,072 shares of the RV manufacturer’s stock valued at $539,000 after buying an additional 99 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its holdings in Thor Industries by 0.3% during the second quarter. CANADA LIFE ASSURANCE Co now owns 34,810 shares of the RV manufacturer’s stock worth $3,089,000 after purchasing an additional 104 shares in the last quarter. CWM LLC raised its stake in shares of Thor Industries by 18.9% in the 4th quarter. CWM LLC now owns 794 shares of the RV manufacturer’s stock worth $82,000 after buying an additional 126 shares in the last quarter. Finally, Benjamin Edwards Inc. grew its holdings in Thor Industries by 5.9% during the fourth quarter. Benjamin Edwards Inc. now owns 2,435 shares of the RV manufacturer’s stock worth $250,000 after acquiring an additional 136 shares during the period. 96.71% of the stock is owned by institutional investors.

Thor Industries Stock Performance

THO stock opened at $79.63 on Friday. The firm has a 50 day simple moving average of $76.05 and a 200 day simple moving average of $85.45. Thor Industries, Inc. has a 52 week low of $69.71 and a 52 week high of $122.83. The stock has a market cap of $4.15 billion, a P/E ratio of 34.47, a P/E/G ratio of 1.51 and a beta of 1.33. The company has a debt-to-equity ratio of 0.20, a quick ratio of 0.80 and a current ratio of 1.71.

Thor Industries (NYSE:THO) last released its quarterly earnings data on Wednesday, June 3rd. The RV manufacturer reported $1.86 earnings per share for the quarter, missing the consensus estimate of $1.88 by ($0.02). Thor Industries had a net margin of 2.67% and a return on equity of 5.74%. The company had revenue of $2.78 billion during the quarter, compared to analyst estimates of $2.67 billion. During the same quarter in the prior year, the company posted $2.53 EPS. The firm’s quarterly revenue 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. Research analysts anticipate that Thor Industries, Inc. will post 3.2 earnings per share for the current fiscal year.

Thor Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, July 15th. Investors of record on Wednesday, July 1st were issued a dividend of $0.52 per share. This represents a $2.08 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Wednesday, July 1st. Thor Industries’s dividend payout ratio (DPR) is currently 90.04%.

Analysts Set New Price Targets

Several research firms have recently weighed in on THO. Benchmark restated a “hold” rating on shares of Thor Industries in a research report on Friday, June 12th. Bank of America cut their target price on shares of Thor Industries from $120.00 to $96.00 and set a “buy” rating for the company in a research note on Thursday, June 4th. Weiss Ratings cut shares of Thor Industries from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, June 18th. BMO Capital Markets decreased their price target on shares of Thor Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a research report on Thursday, June 4th. Finally, Roth Capital set a $78.00 price target on Thor Industries in a report on Thursday, June 4th. Three research analysts have rated the stock with a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Thor Industries presently has an average rating of “Hold” and a consensus target price of $92.33.

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.