THOR Industries, Inc. (NYSE:THO) Shares Purchased by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP boosted its holdings in THOR Industries, Inc. (NYSE:THO) by 6.9% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 2,901,024 shares of the construction company’s stock after buying an additional 187,019 shares during the period. Dimensional Fund Advisors LP owned 0.05% of THOR Industries worth $271,097,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Gamco Investors INC. ET AL boosted its position in shares of THOR Industries by 2.5% in the first quarter. Gamco Investors INC. ET AL now owns 4,100 shares of the construction company’s stock worth $481,000 after acquiring an additional 100 shares during the last quarter. Ontario Teachers Pension Plan Board grew its stake in shares of THOR Industries by 0.8% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 13,960 shares of the construction company’s stock valued at $1,638,000 after buying an additional 108 shares during the period. Parallel Advisors LLC increased its holdings in shares of THOR Industries by 70.8% during the 4th quarter. Parallel Advisors LLC now owns 292 shares of the construction company’s stock worth $35,000 after buying an additional 121 shares during the last quarter. Tortoise Investment Management LLC raised its position in shares of THOR Industries by 77.0% in the 2nd quarter. Tortoise Investment Management LLC now owns 285 shares of the construction company’s stock worth $27,000 after buying an additional 124 shares during the period. Finally, Allspring Global Investments Holdings LLC boosted its holdings in THOR Industries by 2.3% in the first quarter. Allspring Global Investments Holdings LLC now owns 5,714 shares of the construction company’s stock valued at $670,000 after acquiring an additional 131 shares during the last quarter. Hedge funds and other institutional investors own 96.71% of the company’s stock.

THOR Industries Price Performance

Shares of THO stock opened at $105.25 on Wednesday. The firm has a fifty day simple moving average of $101.59 and a 200-day simple moving average of $101.70. The company has a market capitalization of $5.60 billion, a PE ratio of 21.35 and a beta of 1.67. THOR Industries, Inc. has a twelve month low of $84.54 and a twelve month high of $129.31. The company has a current ratio of 1.65, a quick ratio of 0.74 and a debt-to-equity ratio of 0.30.

Wall Street Analysts Forecast Growth

THO has been the topic of a number of research reports. Benchmark started coverage on THOR Industries in a report on Thursday, July 18th. They issued a “hold” rating on the stock. Citigroup cut their price target on shares of THOR Industries from $120.00 to $113.00 and set a “buy” rating on the stock in a report on Friday, June 7th. Robert W. Baird decreased their price objective on shares of THOR Industries from $120.00 to $110.00 and set an “outperform” rating for the company in a research note on Thursday, June 6th. Finally, Truist Financial cut their target price on shares of THOR Industries from $100.00 to $95.00 and set a “hold” rating on the stock in a research note on Thursday, June 6th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $102.00.

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.