THOR Industries, Inc. (NYSE:THO) VP Colleen A. Zuhl Sells 4,354 Shares

THOR Industries, Inc. (NYSE:THO) VP Colleen A. Zuhl sold 4,354 shares of the business’s stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of $115.00, for a total value of $500,710.00. Following the transaction, the vice president now owns 131,905 shares of the company’s stock, valued at approximately $15,169,075. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

THOR Industries Trading Up 1.4 %

THOR Industries stock traded up $1.61 during mid-day trading on Friday, hitting $115.57. The company’s stock had a trading volume of 539,244 shares, compared to its average volume of 501,245. The company has a 50 day moving average of $105.74 and a 200-day moving average of $101.47. The stock has a market cap of $6.12 billion, a PE ratio of 23.44 and a beta of 1.67. The company has a debt-to-equity ratio of 0.27, a quick ratio of 0.82 and a current ratio of 1.69. THOR Industries, Inc. has a one year low of $84.54 and a one year high of $129.31.

THOR Industries (NYSE:THO) last announced its quarterly earnings data on Tuesday, September 24th. The construction company reported $1.68 EPS for the quarter, beating the consensus estimate of $1.35 by $0.33. The company had revenue of $2.53 billion for the quarter, compared to the consensus estimate of $2.47 billion. THOR Industries had a return on equity of 7.02% and a net margin of 2.64%. THOR Industries’s quarterly revenue was down 7.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.68 EPS. On average, research analysts anticipate that THOR Industries, Inc. will post 4.85 EPS for the current year.

THOR Industries Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 15th. Stockholders of record on Friday, November 1st will be given a dividend of $0.50 per share. This is an increase from THOR Industries’s previous quarterly dividend of $0.48. The ex-dividend date of this dividend is Friday, November 1st. This represents a $2.00 dividend on an annualized basis and a dividend yield of 1.73%. THOR Industries’s dividend payout ratio is presently 38.95%.

Wall Street Analysts Forecast Growth

THO has been the topic of several recent research reports. Benchmark reaffirmed a “hold” rating on shares of THOR Industries in a report on Tuesday, October 1st. Citigroup increased their price target on THOR Industries from $119.00 to $124.00 and gave the company a “buy” rating in a report on Thursday, September 26th. BMO Capital Markets restated an “outperform” rating and set a $120.00 price target on shares of THOR Industries in a report on Thursday, September 19th. DA Davidson restated a “neutral” rating and set a $95.00 price target on shares of THOR Industries in a report on Monday, September 30th. Finally, Truist Financial increased 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. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, THOR Industries presently has an average rating of “Moderate Buy” and an average price target of $110.80.

Hedge Funds Weigh In On THOR Industries

A number of hedge funds and other institutional investors have recently made changes to their positions in THO. Virtu Financial LLC bought a new position in shares of THOR Industries during the 4th quarter worth $274,000. Vanguard Group Inc. grew its position in shares of THOR Industries by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 5,295,044 shares of the construction company’s stock worth $626,139,000 after buying an additional 24,985 shares in the last quarter. PNC Financial Services Group Inc. grew its position in shares of THOR Industries by 11.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 17,797 shares of the construction company’s stock worth $2,105,000 after buying an additional 1,758 shares in the last quarter. CWM LLC grew its position in shares of THOR Industries by 15.5% during the 1st quarter. CWM LLC now owns 992 shares of the construction company’s stock worth $116,000 after buying an additional 133 shares in the last quarter. Finally, Mather Group LLC. purchased a new stake in shares of THOR Industries during the 1st quarter worth $30,000. Institutional investors own 96.71% of the company’s stock.

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.