Lisanti Capital Growth LLC Buys Shares of 5,495 Thor Industries, Inc. (THO)

Lisanti Capital Growth LLC bought a new position in Thor Industries, Inc. (NYSE:THO) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor bought 5,495 shares of the construction company’s stock, valued at approximately $828,000.

Several other large investors have also added to or reduced their stakes in the company. Wells Fargo & Company MN grew its position in shares of Thor Industries by 3.5% in the 3rd quarter. Wells Fargo & Company MN now owns 1,370,856 shares of the construction company’s stock worth $172,604,000 after buying an additional 46,011 shares during the period. Swedbank purchased a new stake in shares of Thor Industries in the 3rd quarter worth about $129,759,000. Point72 Asset Management L.P. grew its position in shares of Thor Industries by 2.8% in the 3rd quarter. Point72 Asset Management L.P. now owns 870,766 shares of the construction company’s stock worth $109,638,000 after buying an additional 23,724 shares during the period. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of Thor Industries by 1.4% in the 3rd quarter. Kayne Anderson Rudnick Investment Management LLC now owns 840,059 shares of the construction company’s stock worth $105,773,000 after buying an additional 11,841 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Thor Industries by 0.3% in the 3rd quarter. Dimensional Fund Advisors LP now owns 728,321 shares of the construction company’s stock worth $91,697,000 after buying an additional 2,323 shares during the period. 88.70% of the stock is currently owned by hedge funds and other institutional investors.

In related news, Director Alan Siegel sold 1,000 shares of the stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $153.75, for a total transaction of $153,750.00. Following the sale, the director now directly owns 4,988 shares of the company’s stock, valued at approximately $766,905. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 6.60% of the company’s stock.

A number of research firms have recently weighed in on THO. Robert W. Baird reaffirmed a “buy” rating and issued a $136.00 target price on shares of Thor Industries in a research report on Wednesday, November 1st. ValuEngine raised shares of Thor Industries from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Zacks Investment Research downgraded shares of Thor Industries from a “buy” rating to a “hold” rating in a research report on Tuesday. Northcoast Research downgraded shares of Thor Industries from a “buy” rating to a “neutral” rating and set a $150.00 target price on the stock. in a research report on Friday, January 26th. Finally, Stifel Nicolaus set a $132.00 target price on shares of Thor Industries and gave the stock a “hold” rating in a research report on Friday. One equities research analyst has rated the stock with a sell rating, seven have given a hold rating and seven have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $127.27.

Shares of Thor Industries, Inc. (NYSE:THO) opened at $127.57 on Friday. Thor Industries, Inc. has a 1 year low of $87.96 and a 1 year high of $161.48. The company has a market cap of $6,565.72, a PE ratio of 15.89 and a beta of 1.23. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.91 and a current ratio of 1.50.

Thor Industries (NYSE:THO) last announced its quarterly earnings data on Monday, November 27th. The construction company reported $2.43 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $1.84 by $0.59. Thor Industries had a net margin of 5.46% and a return on equity of 27.76%. The company had revenue of $2.23 billion for the quarter, compared to the consensus estimate of $1.99 billion. During the same period in the prior year, the firm posted $1.49 EPS. Thor Industries’s revenue for the quarter was up 30.6% on a year-over-year basis. equities analysts predict that Thor Industries, Inc. will post 9.1 earnings per share for the current fiscal year.

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About Thor Industries

Thor Industries, Inc manufactures a range of recreational vehicles (RVs) in the United States and sells those vehicles primarily in the United States and Canada. The Company’s segments include towable recreational vehicles, which consists of the operations of Airstream, Inc (Airstream) (towable); Heartland Recreational Vehicles, LLC (Heartland) (including Bison Coach, LLC (Bison), Cruiser RV, LLC (CRV) and DRV, LLC (DRV)); Jayco, Corp.

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

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