State of New Jersey Common Pension Fund D Has $1.86 Million Stake in THOR Industries, Inc. (NYSE:THO)

State of New Jersey Common Pension Fund D raised its holdings in shares of THOR Industries, Inc. (NYSE:THO) by 2.5% in the fourth quarter, HoldingsChannel.com reports. The firm owned 19,446 shares of the construction company’s stock after buying an additional 475 shares during the period. State of New Jersey Common Pension Fund D’s holdings in THOR Industries were worth $1,861,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Blue Trust Inc. grew its holdings in shares of THOR Industries by 22.1% during the fourth quarter. Blue Trust Inc. now owns 669 shares of the construction company’s stock valued at $64,000 after buying an additional 121 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in THOR Industries by 0.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 15,776 shares of the construction company’s stock worth $1,734,000 after purchasing an additional 135 shares in the last quarter. Crossmark Global Holdings Inc. increased its holdings in THOR Industries by 7.6% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 3,419 shares of the construction company’s stock worth $375,000 after purchasing an additional 242 shares in the last quarter. KBC Group NV lifted its holdings in shares of THOR Industries by 19.0% in the third quarter. KBC Group NV now owns 1,558 shares of the construction company’s stock valued at $171,000 after purchasing an additional 249 shares in the last quarter. Finally, Perigon Wealth Management LLC lifted its holdings in shares of THOR Industries by 8.4% in the fourth quarter. Perigon Wealth Management LLC now owns 3,266 shares of the construction company’s stock valued at $340,000 after purchasing an additional 253 shares in the last quarter. Institutional investors own 96.71% of the company’s stock.

THOR Industries Trading Up 1.9 %

Shares of THO stock opened at $100.88 on Tuesday. The stock has a market capitalization of $5.37 billion, a price-to-earnings ratio of 25.80, a PEG ratio of 1.16 and a beta of 1.69. THOR Industries, Inc. has a 1 year low of $88.37 and a 1 year high of $129.31. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78. The company’s fifty day simple moving average is $99.58 and its two-hundred day simple moving average is $104.24.

THOR Industries Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 17th. Shareholders of record on Monday, January 6th were issued a dividend of $0.50 per share. This represents a $2.00 dividend on an annualized basis and a yield of 1.98%. The ex-dividend date of this dividend was Monday, January 6th. THOR Industries’s payout ratio is presently 51.15%.

Analyst Ratings Changes

A number of research firms recently commented on THO. Benchmark reissued a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Bank of America assumed coverage on shares of THOR Industries in a research report on Friday, December 13th. They set a “neutral” rating and a $120.00 price target on the stock. StockNews.com downgraded THOR Industries from a “hold” rating to a “sell” rating in a research note on Wednesday, February 19th. Finally, Truist Financial boosted their price target on shares of THOR Industries from $98.00 to $110.00 and gave the stock a “hold” rating in a report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, THOR Industries has a consensus rating of “Hold” and an average price target of $113.17.

THOR Industries Profile

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.