Inspire Investing LLC Acquires 732 Shares of THOR Industries, Inc. (NYSE:THO)

Inspire Investing LLC lifted its holdings in THOR Industries, Inc. (NYSE:THO) by 21.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,222 shares of the construction company’s stock after buying an additional 732 shares during the quarter. Inspire Investing LLC’s holdings in THOR Industries were worth $395,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the business. Tortoise Investment Management LLC grew its holdings in THOR Industries by 77.0% in the second quarter. Tortoise Investment Management LLC now owns 285 shares of the construction company’s stock worth $27,000 after purchasing an additional 124 shares during the period. Mather Group LLC. bought a new stake in shares of THOR Industries in the 1st quarter worth approximately $30,000. Blue Trust Inc. grew its stake in shares of THOR Industries by 548.1% in the 2nd quarter. Blue Trust Inc. now owns 337 shares of the construction company’s stock worth $31,000 after buying an additional 285 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in shares of THOR Industries in the 2nd quarter worth approximately $33,000. Finally, Parallel Advisors LLC increased its position in THOR Industries by 70.8% during the 4th quarter. Parallel Advisors LLC now owns 292 shares of the construction company’s stock valued at $35,000 after buying an additional 121 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Citigroup cut their target price on THOR Industries from $120.00 to $113.00 and set a “buy” rating on the stock in a research note on Friday, June 7th. Benchmark started coverage on shares of THOR Industries in a research note on Thursday, July 18th. They set a “hold” rating for the company. BMO Capital Markets reaffirmed an “outperform” rating and issued a $120.00 target price on shares of THOR Industries in a report on Thursday. Truist Financial increased their price target on shares of THOR Industries from $95.00 to $105.00 and gave the company a “hold” rating in a report on Friday. Finally, Robert W. Baird decreased their price objective on shares of THOR Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, June 6th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $104.00.

THOR Industries Stock Down 3.6 %

Shares of THOR Industries stock opened at $103.51 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 quick ratio of 0.74, a current ratio of 1.65 and a debt-to-equity ratio of 0.30. The company’s 50 day moving average is $102.37 and its 200 day moving average is $101.25. The company has a market cap of $5.51 billion, a price-to-earnings ratio of 21.00 and a beta of 1.67.

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.