THOR Industries (NYSE:THO – Get Free Report) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a research note issued to investors on Saturday.
A number of other research analysts have also issued reports on THO. Bank of America initiated coverage on THOR Industries in a report on Friday, December 13th. They issued a “neutral” rating and a $120.00 target price on the stock. Citigroup increased their price target on shares of THOR Industries from $119.00 to $124.00 and gave the company a “buy” rating in a research report on Thursday, September 26th. BMO Capital Markets reissued an “outperform” rating and issued a $120.00 target price on shares of THOR Industries in a research note on Thursday, September 19th. Benchmark reaffirmed a “hold” rating on shares of THOR Industries in a research report on Tuesday, December 3rd. Finally, Truist Financial increased their price target on shares of THOR Industries from $95.00 to $105.00 and gave the stock a “hold” rating in a research note on Friday, September 20th. Five analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, THOR Industries presently has a consensus rating of “Hold” and a consensus price target of $112.33.
Check Out Our Latest Research Report on THOR Industries
THOR Industries Trading Up 2.2 %
Insider Activity
In related news, VP Colleen A. Zuhl sold 4,354 shares of the business’s stock in a transaction dated Wednesday, October 16th. The stock was sold at an average price of $115.00, for a total value of $500,710.00. Following the transaction, the vice president now owns 131,905 shares in the company, valued at approximately $15,169,075. The trade was a 3.20 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 4.50% of the company’s stock.
Institutional Trading of THOR Industries
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Quarry LP acquired a new position in shares of THOR Industries in the 2nd quarter worth approximately $28,000. UMB Bank n.a. raised its stake 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. Van ECK Associates Corp bought a new position in THOR Industries in the third quarter worth about $32,000. Brooklyn Investment Group acquired a new position in THOR Industries in the third quarter valued at approximately $38,000. Finally, Headlands Technologies LLC acquired a new position in THOR Industries in the second quarter valued at approximately $42,000. Institutional investors own 96.71% of the company’s stock.
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.
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