Mutual of America Capital Management LLC Reduces Position in THOR Industries, Inc. (NYSE:THO)

Mutual of America Capital Management LLC lessened its holdings in shares of THOR Industries, Inc. (NYSE:THO) by 3.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 30,532 shares of the construction company’s stock after selling 1,241 shares during the period. Mutual of America Capital Management LLC owned about 0.06% of THOR Industries worth $2,853,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Quantbot Technologies LP purchased a new stake in shares of THOR Industries in the second quarter valued at approximately $4,494,000. Dimensional Fund Advisors LP boosted its holdings 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 purchasing an additional 187,019 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of THOR Industries by 0.9% in the second quarter. Envestnet Asset Management Inc. now owns 639,378 shares of the construction company’s stock valued at $59,750,000 after purchasing an additional 5,761 shares during the period. Oppenheimer Asset Management Inc. boosted its holdings in shares of THOR Industries by 12.6% in the second quarter. Oppenheimer Asset Management Inc. now owns 387,189 shares of the construction company’s stock valued at $36,183,000 after purchasing an additional 43,326 shares during the period. Finally, American Century Companies Inc. boosted its holdings in shares of THOR Industries by 12.2% in the second quarter. American Century Companies Inc. now owns 723,910 shares of the construction company’s stock valued at $67,649,000 after purchasing an additional 78,832 shares during the period. Hedge funds and other institutional investors own 96.71% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on the company. Truist Financial boosted 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. BMO Capital Markets reissued an “outperform” rating and issued a $120.00 price objective on shares of THOR Industries in a research note on Thursday, September 19th. Citigroup reduced their price objective on shares of THOR Industries from $120.00 to $113.00 and set a “buy” rating for the company in a research note on Friday, June 7th. Robert W. Baird reduced their price objective on shares of THOR Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, June 6th. Finally, Benchmark assumed coverage on shares of THOR Industries in a research note on Thursday, July 18th. They issued a “hold” rating for the company. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.00.

THOR Industries Stock Performance

Shares of THO stock opened at $109.47 on Wednesday. The business’s fifty day simple moving average is $102.51 and its 200-day simple moving average is $101.22. The company has a market cap of $5.82 billion, a PE ratio of 22.20 and a beta of 1.67. The company has a current ratio of 1.65, a quick ratio of 0.74 and a debt-to-equity ratio of 0.30. THOR Industries, Inc. has a 12-month low of $84.54 and a 12-month high of $129.31.

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.