THOR Industries, Inc. (NYSE:THO) Shares Sold by Avior Wealth Management LLC

Avior Wealth Management LLC lowered its stake in shares of THOR Industries, Inc. (NYSE:THO) by 22.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,620 shares of the construction company’s stock after selling 2,488 shares during the period. Avior Wealth Management LLC’s holdings in THOR Industries were worth $825,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Salvus Wealth Management LLC boosted its stake in shares of THOR Industries by 19.4% during the fourth quarter. Salvus Wealth Management LLC now owns 42,168 shares of the construction company’s stock valued at $4,036,000 after acquiring an additional 6,838 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in shares of THOR Industries by 30.9% during the fourth quarter. Fifth Third Wealth Advisors LLC now owns 2,421 shares of the construction company’s stock valued at $232,000 after acquiring an additional 571 shares during the last quarter. Accurate Wealth Management LLC boosted its stake in shares of THOR Industries by 9.9% during the fourth quarter. Accurate Wealth Management LLC now owns 5,182 shares of the construction company’s stock valued at $484,000 after acquiring an additional 465 shares during the last quarter. Reinhart Partners LLC. boosted its stake in shares of THOR Industries by 12.8% during the fourth quarter. Reinhart Partners LLC. now owns 360,142 shares of the construction company’s stock valued at $34,469,000 after acquiring an additional 40,868 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in shares of THOR Industries by 37.7% during the third quarter. JPMorgan Chase & Co. now owns 1,502,208 shares of the construction company’s stock valued at $165,078,000 after acquiring an additional 411,466 shares during the last quarter. Institutional investors and hedge funds own 96.71% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on THO shares. StockNews.com upgraded THOR Industries from a “sell” rating to a “hold” rating in a research report on Saturday. Bank of America started coverage on THOR Industries in a research report on Friday, December 13th. They set a “neutral” rating and a $120.00 target price on the stock. DA Davidson reiterated a “neutral” rating and set a $95.00 target price on shares of THOR Industries in a research report on Monday, September 30th. Benchmark reiterated a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Finally, Truist Financial reduced their target price on THOR Industries from $105.00 to $98.00 and set a “hold” rating on the stock in a research report on Tuesday, January 7th. Five research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, THOR Industries presently has a consensus rating of “Hold” and a consensus price target of $111.17.

THOR Industries Stock Performance

THOR Industries stock opened at $100.24 on Friday. The stock’s 50-day moving average is $102.22 and its 200-day moving average is $103.87. The company has a market cap of $5.33 billion, a price-to-earnings ratio of 25.64, a price-to-earnings-growth ratio of 1.19 and a beta of 1.68. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.71 and a quick ratio of 0.78. THOR Industries, Inc. has a 12 month low of $88.37 and a 12 month high of $129.31.

THOR Industries Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, January 6th were issued a $0.50 dividend. The ex-dividend date of this dividend was Monday, January 6th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 2.00%. THOR Industries’s dividend payout ratio (DPR) is 51.15%.

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.