Eagle Ridge Investment Management Has $10.35 Million Holdings in THOR Industries, Inc. (NYSE:THO)

Eagle Ridge Investment Management lessened its position in THOR Industries, Inc. (NYSE:THO) by 1.6% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 108,126 shares of the construction company’s stock after selling 1,743 shares during the period. Eagle Ridge Investment Management’s holdings in THOR Industries were worth $10,349,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of THO. SG Americas Securities LLC lifted its holdings in shares of THOR Industries by 59.0% in the third quarter. SG Americas Securities LLC now owns 8,443 shares of the construction company’s stock valued at $928,000 after purchasing an additional 3,133 shares in the last quarter. GAMMA Investing LLC lifted its holdings in THOR Industries by 34.7% during the third quarter. GAMMA Investing LLC now owns 780 shares of the construction company’s stock worth $86,000 after acquiring an additional 201 shares during the period. UMB Bank n.a. lifted its holdings in THOR Industries by 2,050.0% during the third quarter. UMB Bank n.a. now owns 258 shares of the construction company’s stock worth $28,000 after acquiring an additional 246 shares during the period. LVW Advisors LLC lifted its holdings in THOR Industries by 11.7% during the third quarter. LVW Advisors LLC now owns 5,265 shares of the construction company’s stock worth $579,000 after acquiring an additional 550 shares during the period. Finally, Reinhart Partners LLC. lifted its holdings in THOR Industries by 11.2% during the third quarter. Reinhart Partners LLC. now owns 319,274 shares of the construction company’s stock worth $35,085,000 after acquiring an additional 32,165 shares during the period. Institutional investors own 96.71% of the company’s stock.

THOR Industries Price Performance

Shares of NYSE THO opened at $100.87 on Friday. The stock has a market cap of $5.37 billion, a PE ratio of 25.80, a price-to-earnings-growth ratio of 1.20 and a beta of 1.69. THOR Industries, Inc. has a fifty-two week low of $88.37 and a fifty-two week high of $129.31. The company has a debt-to-equity ratio of 0.26, a quick ratio of 0.78 and a current ratio of 1.71. The stock has a fifty day moving average of $100.67 and a 200-day moving average of $104.15.

THOR Industries Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, January 17th. Investors of record on Monday, January 6th were given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 1.98%. The ex-dividend date of this dividend was Monday, January 6th. THOR Industries’s payout ratio is 51.15%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Bank of America assumed coverage on THOR Industries in a report on Friday, December 13th. They set a “neutral” rating and a $120.00 price target on the stock. Truist Financial lowered their target price on THOR Industries from $105.00 to $98.00 and set a “hold” rating on the stock in a research note on Tuesday, January 7th. StockNews.com lowered THOR Industries from a “hold” rating to a “sell” rating in a research note on Sunday, February 2nd. Finally, Benchmark restated a “hold” rating on shares of THOR Industries in a research note on Tuesday, December 3rd. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $111.17.

THOR Industries 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.