De Lisle Partners LLP Acquires 6,000 Shares of THOR Industries, Inc. (NYSE:THO)

De Lisle Partners LLP boosted its holdings in shares of THOR Industries, Inc. (NYSE:THO) by 34.9% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 23,205 shares of the construction company’s stock after buying an additional 6,000 shares during the quarter. De Lisle Partners LLP’s holdings in THOR Industries were worth $2,550,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Cetera Advisors LLC raised its position in shares of THOR Industries by 571.3% in the 1st quarter. Cetera Advisors LLC now owns 22,341 shares of the construction company’s stock worth $2,622,000 after acquiring an additional 19,013 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in 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 worth $271,097,000 after purchasing an additional 187,019 shares in the last quarter. Natixis Advisors LLC raised its holdings in THOR Industries by 51.3% in the third quarter. Natixis Advisors LLC now owns 504,922 shares of the construction company’s stock worth $55,486,000 after purchasing an additional 171,244 shares in the last quarter. &PARTNERS purchased a new stake in shares of THOR Industries during the second quarter valued at about $623,000. Finally, Oppenheimer Asset Management Inc. boosted its holdings in shares of THOR Industries by 12.6% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 387,189 shares of the construction company’s stock valued at $36,183,000 after buying an additional 43,326 shares in the last quarter. Institutional investors own 96.71% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the stock. DA Davidson reissued a “neutral” rating and set a $95.00 target price on shares of THOR Industries in a research report on Monday, September 30th. BMO Capital Markets reiterated an “outperform” rating and set a $120.00 price objective on shares of THOR Industries in a report on Thursday, September 19th. Citigroup upped their target price on THOR Industries from $119.00 to $124.00 and gave the company a “buy” rating in a research report on Thursday, September 26th. Benchmark reissued a “hold” rating on shares of THOR Industries in a report on Tuesday, October 1st. Finally, Truist Financial boosted their price target on THOR Industries from $95.00 to $105.00 and gave the stock a “hold” rating in a research note on Friday, September 20th. Three equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, THOR Industries has an average rating of “Moderate Buy” and an average target price of $110.80.

Insider Activity at THOR Industries

In related news, VP Colleen A. Zuhl sold 4,354 shares of THOR Industries stock in a transaction that occurred on Wednesday, October 16th. The stock was sold at an average price of $115.00, for a total transaction of $500,710.00. Following the completion of the transaction, the vice president now directly owns 131,905 shares in the company, 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 legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 4.50% of the stock is currently owned by insiders.

THOR Industries Stock Down 1.8 %

THOR Industries stock opened at $111.13 on Thursday. The business’s 50-day simple moving average is $108.78 and its two-hundred day simple moving average is $102.38. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.82 and a current ratio of 1.69. The company has a market cap of $5.90 billion, a PE ratio of 22.54 and a beta of 1.67. THOR Industries, Inc. has a fifty-two week low of $88.37 and a fifty-two week high of $129.31.

THOR Industries (NYSE:THO) last issued its earnings results on Tuesday, September 24th. The construction company reported $1.68 EPS for the quarter, beating analysts’ consensus estimates of $1.35 by $0.33. THOR Industries had a return on equity of 7.02% and a net margin of 2.64%. The firm had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same quarter in the prior year, the firm earned $1.68 earnings per share. THOR Industries’s revenue for the quarter was down 7.4% on a year-over-year basis. Equities analysts anticipate that THOR Industries, Inc. will post 4.85 EPS for the current year.

THOR Industries Increases Dividend

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

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.