Everpar Advisors LLC Takes $888,000 Position in THOR Industries, Inc. (NYSE:THO)

Everpar Advisors LLC purchased a new stake in THOR Industries, Inc. (NYSE:THO) in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor purchased 7,508 shares of the construction company’s stock, valued at approximately $888,000.

Several other institutional investors and hedge funds also recently made changes to their positions in THO. Parkside Financial Bank & Trust lifted its position in shares of THOR Industries by 889.3% in the third quarter. Parkside Financial Bank & Trust now owns 277 shares of the construction company’s stock worth $26,000 after purchasing an additional 249 shares in the last quarter. Smithfield Trust Co lifted its position in shares of THOR Industries by 127.2% in the third quarter. Smithfield Trust Co now owns 284 shares of the construction company’s stock worth $27,000 after purchasing an additional 159 shares in the last quarter. GAMMA Investing LLC bought a new stake in shares of THOR Industries in the fourth quarter worth $47,000. Planned Solutions Inc. bought a new stake in shares of THOR Industries in the fourth quarter worth $62,000. Finally, Signaturefd LLC lifted its position in shares of THOR Industries by 121.5% in the third quarter. Signaturefd LLC now owns 731 shares of the construction company’s stock worth $70,000 after purchasing an additional 401 shares in the last quarter. Institutional investors and hedge funds own 96.71% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on THO. Truist Financial boosted their price objective on shares of THOR Industries from $96.00 to $105.00 and gave the stock a “hold” rating in a research report on Tuesday, January 9th. Robert W. Baird upped their price target on shares of THOR Industries from $115.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, March 7th. TheStreet lowered shares of THOR Industries from a “b-” rating to a “c+” rating in a research report on Monday, March 18th. Finally, Citigroup raised shares of THOR Industries from a “neutral” rating to a “buy” rating and upped their price target for the stock from $111.00 to $122.00 in a research report on Friday, March 15th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $104.00.

THOR Industries Stock Performance

NYSE THO traded up $1.51 on Wednesday, hitting $102.88. 365,804 shares of the stock were exchanged, compared to its average volume of 464,933. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.75 and a quick ratio of 0.65. The business’s fifty day moving average is $107.77 and its 200 day moving average is $108.52. THOR Industries, Inc. has a 52 week low of $75.93 and a 52 week high of $129.31. The company has a market capitalization of $5.49 billion, a PE ratio of 20.24 and a beta of 1.80.

THOR Industries (NYSE:THO) last issued its quarterly earnings data on Wednesday, March 6th. The construction company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.54). The company had revenue of $2.21 billion during the quarter, compared to the consensus estimate of $2.27 billion. THOR Industries had a net margin of 2.62% and a return on equity of 7.28%. THOR Industries’s revenue for the quarter was down 5.9% compared to the same quarter last year. During the same period in the previous year, the company earned $0.50 earnings per share. Research analysts anticipate that THOR Industries, Inc. will post 5.37 EPS for the current fiscal year.

THOR Industries Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 23rd. Stockholders of record on Tuesday, April 9th were given a $0.48 dividend. This represents a $1.92 annualized dividend and a dividend yield of 1.87%. The ex-dividend date was Monday, April 8th. THOR Industries’s payout ratio is presently 38.10%.

THOR Industries Company 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.