Thor Industries (NYSE:THO) Raised to “Hold” at Zacks Research

Zacks Research upgraded shares of Thor Industries (NYSE:THO) from a strong sell rating to a hold rating in a research report sent to investors on Wednesday morning,Zacks.com reports. Zacks Research also issued estimates for Thor Industries’ Q4 2025 earnings at $1.04 EPS, FY2025 earnings at $4.06 EPS, Q3 2026 earnings at $2.20 EPS, Q4 2026 earnings at $1.94 EPS, Q4 2026 earnings at $1.85 EPS, FY2026 earnings at $4.45 EPS, Q1 2027 earnings at $0.91 EPS, Q2 2027 earnings at $1.14 EPS, Q4 2027 earnings at $1.73 EPS and FY2027 earnings at $5.92 EPS.

A number of other equities analysts have also recently issued reports on THO. Citigroup reiterated a “neutral” rating and set a $100.00 target price (up previously from $88.00) on shares of Thor Industries in a report on Tuesday, August 12th. Roth Capital set a $77.00 target price on Thor Industries and gave the stock a “neutral” rating in a report on Monday, June 9th. KeyCorp upgraded shares of Thor Industries from an “underweight” rating to a “sector weight” rating in a research note on Friday, August 1st. Truist Financial increased their price objective on shares of Thor Industries from $86.00 to $115.00 and gave the stock a “hold” rating in a research note on Wednesday. Finally, Wall Street Zen upgraded shares of Thor Industries from a “sell” rating to a “hold” rating in a research note on Friday, June 6th. Two research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $94.00.

Thor Industries Price Performance

THO stock opened at $112.32 on Wednesday. The stock has a 50-day moving average price of $98.81 and a two-hundred day moving average price of $87.23. The stock has a market cap of $5.98 billion, a PE ratio of 26.94, a price-to-earnings-growth ratio of 2.23 and a beta of 1.34. The company has a current ratio of 1.71, a quick ratio of 0.90 and a debt-to-equity ratio of 0.24. Thor Industries has a 1 year low of $63.15 and a 1 year high of $118.85.

Thor Industries (NYSE:THO) last released its earnings results on Wednesday, June 4th. The construction company reported $2.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.79 by $0.74. The firm had revenue of $2.89 billion during the quarter, compared to analysts’ expectations of $2.60 billion. Thor Industries had a return on equity of 6.15% and a net margin of 2.32%.The company’s revenue was up 3.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.13 EPS. Equities analysts forecast that Thor Industries will post 4.64 EPS for the current fiscal year.

Thor Industries announced that its Board of Directors has initiated a stock buyback plan on Monday, June 23rd that permits the company to repurchase $400.00 million in shares. This repurchase authorization permits the construction company to purchase up to 8.8% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its stock is undervalued.

Thor Industries Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 15th. Investors of record on Tuesday, July 1st were paid a $0.50 dividend. This represents a $2.00 annualized dividend and a yield of 1.8%. The ex-dividend date was Tuesday, July 1st. Thor Industries’s dividend payout ratio (DPR) is 47.96%.

Insider Transactions at Thor Industries

In other news, Director Peter Busch Orthwein bought 3,000 shares of the business’s stock in a transaction that occurred on Friday, June 20th. The stock was acquired at an average cost of $85.40 per share, for a total transaction of $256,200.00. Following the purchase, the director owned 136,400 shares of the company’s stock, valued at approximately $11,648,560. This trade represents a 2.25% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Company insiders own 4.50% of the company’s stock.

Institutional Investors Weigh In On Thor Industries

Several hedge funds have recently bought and sold shares of THO. Northern Trust Corp lifted its position in Thor Industries by 20.4% during the fourth quarter. Northern Trust Corp now owns 489,864 shares of the construction company’s stock worth $46,885,000 after acquiring an additional 82,961 shares during the last quarter. Schonfeld Strategic Advisors LLC lifted its position in Thor Industries by 148.3% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 5,959 shares of the construction company’s stock worth $570,000 after acquiring an additional 3,559 shares during the last quarter. Captrust Financial Advisors lifted its position in Thor Industries by 137.1% during the fourth quarter. Captrust Financial Advisors now owns 7,093 shares of the construction company’s stock worth $679,000 after acquiring an additional 4,101 shares during the last quarter. Cetera Investment Advisers lifted its position in Thor Industries by 5.0% during the fourth quarter. Cetera Investment Advisers now owns 38,518 shares of the construction company’s stock worth $3,687,000 after acquiring an additional 1,820 shares during the last quarter. Finally, Crestline Management LP acquired a new stake in Thor Industries during the fourth quarter worth approximately $883,000. 96.71% of the stock is currently owned by institutional investors and hedge funds.

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.