Federated Hermes Inc. Has $565,000 Holdings in THOR Industries, Inc. (NYSE:THO)

Federated Hermes Inc. trimmed its holdings in shares of THOR Industries, Inc. (NYSE:THO) by 4.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,047 shares of the construction company’s stock after selling 265 shares during the period. Federated Hermes Inc.’s holdings in THOR Industries were worth $565,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of THO. Mather Group LLC. bought a new stake in shares of THOR Industries during the first quarter worth $30,000. Tortoise Investment Management LLC increased its position in THOR Industries by 77.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 285 shares of the construction company’s stock valued at $27,000 after acquiring an additional 124 shares in the last quarter. Parallel Advisors LLC raised its stake in shares of THOR Industries by 70.8% in the fourth quarter. Parallel Advisors LLC now owns 292 shares of the construction company’s stock worth $35,000 after acquiring an additional 121 shares during the last quarter. Blue Trust Inc. lifted its position in shares of THOR Industries by 548.1% during the second quarter. Blue Trust Inc. now owns 337 shares of the construction company’s stock worth $31,000 after purchasing an additional 285 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. grew its stake in shares of THOR Industries by 3,063.6% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 348 shares of the construction company’s stock valued at $41,000 after purchasing an additional 337 shares during the last quarter. Institutional investors own 96.71% of the company’s stock.

THOR Industries Price Performance

THOR Industries stock opened at $103.19 on Tuesday. The firm has a market capitalization of $5.49 billion, a P/E ratio of 20.93 and a beta of 1.67. The business has a 50-day moving average of $102.40 and a 200-day moving average of $101.19. 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 1 year low of $84.54 and a 1 year high of $129.31.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. BMO Capital Markets restated an “outperform” rating and issued a $120.00 price objective on shares of THOR Industries in a research report on Thursday, September 19th. Citigroup decreased their price target on THOR Industries from $120.00 to $113.00 and set a “buy” rating on the stock in a report on Friday, June 7th. Robert W. Baird dropped their price objective on THOR Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a report on Thursday, June 6th. Benchmark began coverage on shares of THOR Industries in a research report on Thursday, July 18th. They set a “hold” rating on the stock. Finally, Truist Financial lifted their price target on shares of THOR Industries from $95.00 to $105.00 and gave the stock a “hold” rating in a research report on Friday. Three analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $112.00.

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.