Vanguard Personalized Indexing Management LLC Acquires 448 Shares of THOR Industries, Inc. (NYSE:THO)

Vanguard Personalized Indexing Management LLC raised its holdings in THOR Industries, Inc. (NYSE:THO) by 7.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,386 shares of the construction company’s stock after acquiring an additional 448 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in THOR Industries were worth $597,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Quantbot Technologies LP acquired a new position in shares of THOR Industries in the second quarter valued at approximately $4,494,000. Dimensional Fund Advisors LP boosted its stake in THOR Industries by 6.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,901,024 shares of the construction company’s stock worth $271,097,000 after purchasing an additional 187,019 shares during the period. Envestnet Asset Management Inc. increased its holdings in THOR Industries by 0.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 639,378 shares of the construction company’s stock worth $59,750,000 after purchasing an additional 5,761 shares in the last quarter. Oppenheimer Asset Management Inc. raised its stake in shares of THOR Industries by 12.6% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 387,189 shares of the construction company’s stock valued at $36,183,000 after purchasing an additional 43,326 shares during the period. Finally, American Century Companies Inc. lifted its holdings in shares of THOR Industries by 12.2% in the second quarter. American Century Companies Inc. now owns 723,910 shares of the construction company’s stock valued at $67,649,000 after purchasing an additional 78,832 shares in the last quarter. 96.71% of the stock is currently owned by institutional investors.

THOR Industries Price Performance

NYSE:THO opened at $108.32 on Friday. The stock has a market capitalization of $5.76 billion, a PE ratio of 21.97 and a beta of 1.67. THOR Industries, Inc. has a 1-year low of $84.54 and a 1-year high of $129.31. The firm has a fifty day simple moving average of $102.83 and a 200 day simple moving average of $101.31. The company has a current ratio of 1.69, a quick ratio of 0.74 and a debt-to-equity ratio of 0.27.

THOR Industries (NYSE:THO) last released its quarterly earnings data on Tuesday, September 24th. The construction company reported $1.68 earnings per share for the quarter, topping the consensus estimate of $1.35 by $0.33. THOR Industries had a net margin of 2.64% and a return on equity of 7.02%. The company had revenue of $2.53 billion for the quarter, compared to analyst estimates of $2.47 billion. During the same period in the previous year, the business earned $1.68 EPS. THOR Industries’s revenue for the quarter was down 7.4% compared to the same quarter last year. On average, research analysts expect that THOR Industries, Inc. will post 4.5 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Robert W. Baird decreased 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. Citigroup lifted their price objective on shares of THOR Industries from $119.00 to $124.00 and gave the company a “buy” rating in a report on Thursday. Benchmark began coverage on shares of THOR Industries in a report on Thursday, July 18th. They set a “hold” rating for the company. Truist Financial lifted their price target on shares of THOR Industries from $95.00 to $105.00 and gave the company a “hold” rating in a research note on Friday, September 20th. Finally, BMO Capital Markets restated an “outperform” rating and set a $120.00 price objective on shares of THOR Industries in a research note on Thursday, September 19th. Three 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, THOR Industries presently has an average rating of “Moderate Buy” and an average target price of $114.75.

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.