2,092 Shares in THOR Industries, Inc. (NYSE:THO) Bought by Aureus Asset Management LLC

Aureus Asset Management LLC acquired a new stake in THOR Industries, Inc. (NYSE:THO) in the 3rd quarter, Holdings Channel.com reports. The fund acquired 2,092 shares of the construction company’s stock, valued at approximately $230,000.

A number of other large investors have also bought and sold shares of the business. Pacer Advisors Inc. boosted its position in THOR Industries by 35.1% during the 2nd quarter. Pacer Advisors Inc. now owns 1,140,363 shares of the construction company’s stock worth $106,567,000 after acquiring an additional 296,583 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of THOR Industries by 6.9% in the second quarter. Dimensional Fund Advisors LP now owns 2,901,024 shares of the construction company’s stock valued at $271,097,000 after buying an additional 187,019 shares during the last quarter. Natixis Advisors LLC lifted its position in shares of THOR Industries by 51.3% in the third quarter. Natixis Advisors LLC now owns 504,922 shares of the construction company’s stock valued at $55,486,000 after buying an additional 171,244 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of THOR Industries by 46.4% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 501,479 shares of the construction company’s stock valued at $55,108,000 after buying an additional 159,022 shares during the last quarter. Finally, Janney Montgomery Scott LLC bought a new position in shares of THOR Industries during the 3rd quarter worth approximately $13,229,000. 96.71% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on THO. Truist Financial raised their price target on THOR Industries from $95.00 to $105.00 and gave the company a “hold” rating in a report on Friday, September 20th. DA Davidson restated a “neutral” rating and set a $95.00 target price on shares of THOR Industries in a research note on Monday, September 30th. Citigroup upped their price target on shares of THOR Industries from $119.00 to $124.00 and gave the company a “buy” rating in a research note on Thursday, September 26th. Benchmark restated a “hold” rating on shares of THOR Industries in a research report on Tuesday, October 1st. Finally, BMO Capital Markets restated an “outperform” rating and set a $120.00 price objective on shares of THOR Industries in a report on Thursday, September 19th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $110.80.

THOR Industries Stock Performance

NYSE THO opened at $111.00 on Tuesday. The company has a quick ratio of 0.82, a current ratio of 1.69 and a debt-to-equity ratio of 0.27. THOR Industries, Inc. has a 12-month low of $88.37 and a 12-month high of $129.31. The firm has a 50-day moving average price of $109.15 and a two-hundred day moving average price of $102.52. The company has a market capitalization of $5.89 billion, a P/E ratio of 22.52 and a beta of 1.67.

THOR Industries (NYSE:THO) last posted its quarterly earnings data on Tuesday, September 24th. The construction company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.33. The business had revenue of $2.53 billion during the quarter, compared to analysts’ expectations of $2.47 billion. THOR Industries had a net margin of 2.64% and a return on equity of 7.02%. THOR Industries’s revenue was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.68 earnings per share. Analysts anticipate that THOR Industries, Inc. will post 4.85 earnings per share for the current year.

THOR Industries Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 15th. Investors of record on Friday, November 1st were paid a $0.50 dividend. The ex-dividend date of this dividend was Friday, November 1st. This is a positive change from THOR Industries’s previous quarterly dividend of $0.48. This represents a $2.00 annualized dividend and a yield of 1.80%. THOR Industries’s dividend payout ratio (DPR) is 40.57%.

Insider Activity

In other news, VP Colleen A. Zuhl sold 4,354 shares of THOR Industries stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $115.00, for a total transaction of $500,710.00. Following the sale, the vice president now directly owns 131,905 shares of the company’s stock, valued at approximately $15,169,075. This trade represents a 3.20 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 4.50% of the stock is currently owned by corporate insiders.

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.