Thor Industries
About: Based in Elkhart, Indiana, Thor Industries manufactures Class A, Class B, and Class C motor homes along with travel trailers and fifth wheel towables across over 30 brands. Through the acquisition of Erwin Hymer in 2019, the company expanded its geographic footprint and now produces various motorized and towable recreational vehicles for Europe, including motorcaravans, campervans, urban vehicles, caravans, and other RV-related products and services. The company has also begun generating revenue through aftermarket component parts through the acquisition of Airxcel in 2021, however, this is still a nascent part of the business as it accounts for less than 10% of total sales. In fiscal 2023, the company wholesaled 187,015 units and generated over $11.1 billion in revenue.
Employees: 24,900
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
48% more call options, than puts
Call options by funds: $62.9M | Put options by funds: $42.6M
0% more funds holding in top 10
Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]
8% less first-time investments, than exits
New positions opened: 54 | Existing positions closed: 59
9% less repeat investments, than reductions
Existing positions increased: 135 | Existing positions reduced: 148
2.45% less ownership
Funds ownership: 102.93% [Q3] → 100.49% (-2.45%) [Q4]
4% less funds holding
Funds holding: 428 [Q3] → 411 (-17) [Q4]
10% less capital invested
Capital invested by funds: $5.98B [Q3] → $5.39B (-$593M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
Truist Securities Michael Swartz 36% 1-year accuracy 17 / 47 met price target | 11%upside $110 | Hold Maintained | 10 Feb 2025 |
Financial journalist opinion
