THOR Industries, Inc. (NYSE:THO) Shares Acquired by Quest Partners LLC

Quest Partners LLC increased its position in THOR Industries, Inc. (NYSE:THO) by 25,000.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,012 shares of the construction company’s stock after acquiring an additional 3,000 shares during the period. Quest Partners LLC’s holdings in THOR Industries were worth $281,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of THO. Principal Securities Inc. acquired a new stake in shares of THOR Industries in the 4th quarter worth about $125,000. Envestnet Portfolio Solutions Inc. increased its holdings in shares of THOR Industries by 9.4% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 6,216 shares of the construction company’s stock worth $735,000 after acquiring an additional 533 shares during the period. Norges Bank acquired a new stake in shares of THOR Industries in the 4th quarter worth about $65,391,000. PNC Financial Services Group Inc. increased its holdings in shares of THOR Industries by 11.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 17,797 shares of the construction company’s stock worth $2,105,000 after acquiring an additional 1,758 shares during the period. Finally, Corient Private Wealth LLC increased its stake in THOR Industries by 2.6% during the 4th quarter. Corient Private Wealth LLC now owns 23,512 shares of the construction company’s stock valued at $2,780,000 after buying an additional 604 shares during the period. Institutional investors and hedge funds own 96.71% of the company’s stock.

THOR Industries Stock Performance

NYSE:THO opened at $102.28 on Friday. THOR Industries, Inc. has a twelve month low of $84.54 and a twelve month high of $129.31. The company has a current ratio of 1.65, a quick ratio of 0.74 and a debt-to-equity ratio of 0.30. The company has a 50-day moving average of $101.40 and a 200-day moving average of $102.06. The firm has a market cap of $5.44 billion, a price-to-earnings ratio of 20.75 and a beta of 1.67.

THOR Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, July 18th. Stockholders of record on Wednesday, July 3rd were given a dividend of $0.48 per share. The ex-dividend date was Wednesday, July 3rd. This represents a $1.92 annualized dividend and a dividend yield of 1.88%. THOR Industries’s dividend payout ratio (DPR) is 38.95%.

Analyst Ratings Changes

THO has been the topic of several research analyst reports. Robert W. Baird lowered their target price on shares of THOR Industries from $120.00 to $110.00 and set an “outperform” rating on the stock in a research note on Thursday, June 6th. Benchmark initiated coverage on shares of THOR Industries in a research note on Thursday, July 18th. They set a “hold” rating on the stock. Truist Financial lowered their target price on shares of THOR Industries from $100.00 to $95.00 and set a “hold” rating on the stock in a research note on Thursday, June 6th. Finally, Citigroup lowered their target price on shares of THOR Industries from $120.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday, June 7th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $102.00.

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.