Atria Investments Inc Purchases 1,244 Shares of THOR Industries, Inc. (NYSE:THO)

Atria Investments Inc grew its holdings in THOR Industries, Inc. (NYSE:THOFree Report) by 1.8% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 70,596 shares of the construction company’s stock after buying an additional 1,244 shares during the quarter. Atria Investments Inc owned 0.13% of THOR Industries worth $6,716,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in THO. Smithfield Trust Co increased its position in shares of THOR Industries by 127.2% during the 3rd 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. Benjamin Edwards Inc. increased its position in shares of THOR Industries by 123.6% during the 2nd quarter. Benjamin Edwards Inc. now owns 275 shares of the construction company’s stock worth $28,000 after purchasing an additional 152 shares in the last quarter. Mcmillion Capital Management Inc. acquired a new stake in shares of THOR Industries during the 2nd quarter worth about $40,000. Industrial Alliance Investment Management Inc. increased its position in shares of THOR Industries by 343.9% during the 4th quarter. Industrial Alliance Investment Management Inc. now owns 617 shares of the construction company’s stock worth $47,000 after purchasing an additional 478 shares in the last quarter. Finally, International Assets Investment Management LLC acquired a new stake in shares of THOR Industries during the 3rd quarter worth about $48,000. Institutional investors and hedge funds own 96.52% of the company’s stock.

Insider Buying and Selling

In other THOR Industries news, COO W. Todd Woelfer sold 3,333 shares of the firm’s stock in a transaction that occurred on Monday, January 22nd. The shares were sold at an average price of $115.00, for a total value of $383,295.00. Following the sale, the chief operating officer now owns 98,347 shares in the company, valued at $11,309,905. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 4.70% of the stock is currently owned by company insiders.

THOR Industries Stock Down 1.7 %

THO stock opened at $113.76 on Wednesday. The business’s 50 day simple moving average is $111.76 and its 200 day simple moving average is $104.02. THOR Industries, Inc. has a 1-year low of $74.50 and a 1-year high of $122.00. The firm has a market capitalization of $6.07 billion, a PE ratio of 21.03 and a beta of 1.82. The company has a current ratio of 1.63, a quick ratio of 0.64 and a debt-to-equity ratio of 0.32.

THOR Industries (NYSE:THOGet Free Report) last released its quarterly earnings results on Wednesday, December 6th. The construction company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm had revenue of $2.50 billion for the quarter, compared to analysts’ expectations of $2.50 billion. THOR Industries had a net margin of 2.77% and a return on equity of 7.48%. The business’s revenue was down 19.5% on a year-over-year basis. During the same period in the prior year, the firm earned $2.53 EPS. As a group, research analysts anticipate that THOR Industries, Inc. will post 6.67 EPS for the current year.

THOR Industries Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, January 11th. Investors of record on Thursday, December 28th were given a dividend of $0.48 per share. The ex-dividend date of this dividend was Wednesday, December 27th. This represents a $1.92 annualized dividend and a dividend yield of 1.69%. THOR Industries’s dividend payout ratio is 35.49%.

Analyst Ratings Changes

A number of brokerages have commented on THO. Truist Financial increased their price objective on shares of THOR Industries from $96.00 to $105.00 and gave the stock a “hold” rating in a report on Tuesday, January 9th. StockNews.com initiated coverage on shares of THOR Industries in a research report on Thursday, October 5th. They issued a “hold” rating on the stock. Citigroup increased their price target on shares of THOR Industries from $94.00 to $108.00 and gave the company a “neutral” rating in a research report on Monday, December 4th. Finally, BMO Capital Markets raised their target price on shares of THOR Industries from $115.00 to $120.00 and gave the stock an “outperform” rating in a report on Thursday, December 7th. Seven research analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $100.00.

Get Our Latest Stock Report on THO

THOR Industries Profile

(Free Report)

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.

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Institutional Ownership by Quarter for THOR Industries (NYSE:THO)

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