THOR Industries, Inc. (NYSE:THO) Stock Holdings Lifted by Paragon Capital Management Ltd

Paragon Capital Management Ltd lifted its stake in shares of THOR Industries, Inc. (NYSE:THO) by 12.7% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,010 shares of the construction company’s stock after purchasing an additional 339 shares during the period. Paragon Capital Management Ltd’s holdings in THOR Industries were worth $312,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of THO. Janney Montgomery Scott LLC increased its stake in THOR Industries by 18.9% in the 1st quarter. Janney Montgomery Scott LLC now owns 110,451 shares of the construction company’s stock valued at $8,796,000 after buying an additional 17,595 shares during the period. Advisor OS LLC grew its position in THOR Industries by 4.2% in the first quarter. Advisor OS LLC now owns 6,928 shares of the construction company’s stock worth $552,000 after acquiring an additional 282 shares in the last quarter. Treasurer of the State of North Carolina increased its stake in shares of THOR Industries by 3.4% during the 1st quarter. Treasurer of the State of North Carolina now owns 35,131 shares of the construction company’s stock worth $2,798,000 after purchasing an additional 1,165 shares during the last quarter. Salvus Wealth Management LLC raised its holdings in shares of THOR Industries by 4.5% during the 1st quarter. Salvus Wealth Management LLC now owns 36,936 shares of the construction company’s stock valued at $2,942,000 after purchasing an additional 1,575 shares in the last quarter. Finally, BOKF NA lifted its stake in shares of THOR Industries by 1.6% in the 4th quarter. BOKF NA now owns 10,731 shares of the construction company’s stock valued at $810,000 after purchasing an additional 166 shares during the last quarter. 96.52% of the stock is owned by institutional investors and hedge funds.

THOR Industries Stock Performance

THO stock traded down $4.23 during trading on Friday, reaching $95.30. 1,128,855 shares of the stock were exchanged, compared to its average volume of 435,602. THOR Industries, Inc. has a twelve month low of $67.09 and a twelve month high of $116.31. The company has a market capitalization of $5.08 billion, a P/E ratio of 9.15 and a beta of 1.87. The stock has a 50 day simple moving average of $106.64 and a 200-day simple moving average of $92.51. The company has a current ratio of 1.79, a quick ratio of 0.71 and a debt-to-equity ratio of 0.42.

THOR Industries Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, July 21st. Shareholders of record on Friday, July 7th were paid a dividend of $0.45 per share. The ex-dividend date of this dividend was Thursday, July 6th. This represents a $1.80 dividend on an annualized basis and a yield of 1.89%. THOR Industries’s dividend payout ratio is currently 17.27%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on THO shares. Truist Financial reissued a “hold” rating and set a $84.00 price objective on shares of THOR Industries in a report on Friday. BMO Capital Markets increased their price target on THOR Industries from $105.00 to $115.00 in a report on Wednesday, June 7th. StockNews.com began coverage on shares of THOR Industries in a research note on Thursday, August 17th. They issued a “hold” rating on the stock. DA Davidson raised their target price on shares of THOR Industries from $72.00 to $85.00 in a research note on Thursday, June 8th. Finally, Robert W. Baird raised their target price on shares of THOR Industries from $95.00 to $110.00 in a research note on Wednesday, June 7th. Eight equities research analysts have rated the stock with a hold rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $95.00.

Insiders Place Their Bets

In other THOR Industries news, SVP Kenneth D. Julian sold 10,000 shares of THOR Industries stock in a transaction that occurred on Tuesday, July 18th. The stock was sold at an average price of $110.72, for a total transaction of $1,107,200.00. Following the sale, the senior vice president now directly owns 30,811 shares of the company’s stock, valued at $3,411,393.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 4.50% 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.