THOR Industries, Inc. (NYSE:THO) Shares Sold by Callahan Advisors LLC

Callahan Advisors LLC reduced its holdings in shares of THOR Industries, Inc. (NYSE:THO) by 15.4% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,975 shares of the construction company’s stock after selling 541 shares during the quarter. Callahan Advisors LLC’s holdings in THOR Industries were worth $285,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in THO. Creative Planning boosted its stake in THOR Industries by 12.9% during the 3rd quarter. Creative Planning now owns 11,012 shares of the construction company’s stock valued at $1,210,000 after acquiring an additional 1,254 shares during the last quarter. Stratos Wealth Advisors LLC lifted its position in shares of THOR Industries by 2.2% during the third quarter. Stratos Wealth Advisors LLC now owns 6,411 shares of the construction company’s stock worth $705,000 after purchasing an additional 135 shares during the last quarter. Blue Trust Inc. grew its stake in THOR Industries by 62.6% in the third quarter. Blue Trust Inc. now owns 548 shares of the construction company’s stock worth $60,000 after purchasing an additional 211 shares in the last quarter. First Citizens Bank & Trust Co. acquired a new position in THOR Industries in the third quarter worth about $212,000. Finally, Raymond James & Associates increased its holdings in THOR Industries by 5.2% in the third quarter. Raymond James & Associates now owns 348,619 shares of the construction company’s stock valued at $38,310,000 after buying an additional 17,095 shares during the last quarter. Institutional investors and hedge funds own 96.71% of the company’s stock.

THOR Industries Trading Up 0.4 %

THOR Industries stock opened at $104.31 on Wednesday. THOR Industries, Inc. has a 52-week low of $88.37 and a 52-week high of $129.31. The company has a quick ratio of 0.78, a current ratio of 1.71 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $5.55 billion, a price-to-earnings ratio of 26.68, a PEG ratio of 1.20 and a beta of 1.69. The firm has a 50-day moving average price of $99.88 and a two-hundred day moving average price of $104.20.

THOR Industries Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 17th. Stockholders of record on Monday, January 6th were given a dividend of $0.50 per share. The ex-dividend date was Monday, January 6th. This represents a $2.00 annualized dividend and a dividend yield of 1.92%. THOR Industries’s dividend payout ratio is presently 51.15%.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on THO shares. Benchmark reiterated a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Bank of America started coverage on shares of THOR Industries in a report on Friday, December 13th. They issued a “neutral” rating and a $120.00 price objective for the company. StockNews.com cut shares of THOR Industries from a “hold” rating to a “sell” rating in a report on Wednesday. Finally, Truist Financial boosted their price objective on shares of THOR Industries from $98.00 to $110.00 and gave the company a “hold” rating in a research report on Monday, February 10th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $113.17.

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.