Fintel reports that Royal London Asset Management has filed a 13D form with the SEC disclosing ownership of 2.69MM shares of Thor Industries, Inc. (THO). This represents 5.020283% of the company.
In their previous filing dated February 9, 2023 they reported 2.66MM shares and 4.97% of the company, an increase in shares of 1.07% and an increase in total ownership of 0.05% (calculated as current – previous percent ownership).
Analyst Price Forecast Suggests 11.11% Upside
As of March 26, 2023, the average one-year price target for Thor Industries is $84.46. The forecasts range from a low of $50.50 to a high of $106.05. The average price target represents an increase of 11.11% from its latest reported closing price of $76.01.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Thor Industries is $11,922MM, a decrease of 14.44%. The projected annual non-GAAP EPS is $7.90.
What is the Fund Sentiment?
There are 844 funds or institutions reporting positions in Thor Industries. This is a decrease of 4 owner(s) or 0.47% in the last quarter. Average portfolio weight of all funds dedicated to THO is 0.24%, an increase of 3.90%. Total shares owned by institutions increased in the last three months by 1.32% to 66,589K shares. The put/call ratio of THO is 1.19, indicating a bearish outlook.
What are Large Shareholders Doing?
Kayne Anderson Rudnick Investment Management holds 5,121K shares representing 9.57% ownership of the company. In it’s prior filing, the firm reported owning 5,286K shares, representing a decrease of 3.21%. The firm decreased its portfolio allocation in THO by 41.83% over the last quarter.
Harris Associates L P holds 2,861K shares representing 5.35% ownership of the company. In it’s prior filing, the firm reported owning 3,064K shares, representing a decrease of 7.09%. The firm decreased its portfolio allocation in THO by 5.21% over the last quarter.
Capital Research Global Investors holds 2,526K shares representing 4.72% ownership of the company. In it’s prior filing, the firm reported owning 2,584K shares, representing a decrease of 2.30%. The firm decreased its portfolio allocation in THO by 2.99% over the last quarter.
SMCWX – SMALLCAP WORLD FUND INC holds 2,156K shares representing 4.03% ownership of the company. In it’s prior filing, the firm reported owning 2,214K shares, representing a decrease of 2.69%. The firm decreased its portfolio allocation in THO by 1.82% over the last quarter.
Lsv Asset Management holds 2,045K shares representing 3.82% ownership of the company. In it’s prior filing, the firm reported owning 1,389K shares, representing an increase of 32.07%. The firm increased its portfolio allocation in THO by 49.06% over the last quarter.
Thor Industries Background Information
(This description is provided by the company.)
THOR is the sole owner of operating subsidiaries that, combined, represent the world’s largest manufacturer of recreational vehicles.
This article originally appeared on Fintel
Get Ready To Retire (Sponsored)
Start by taking a quick retirement quiz from SmartAsset that will match you with up to 3 financial advisors that serve your area and beyond in 5 minutes, or less.
Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests.
Here’s how it works:
1. Answer SmartAsset advisor match quiz
2. Review your pre-screened matches at your leisure. Check out the advisors’ profiles.
3. Speak with advisors at no cost to you. Have an introductory call on the phone or introduction in person and choose whom to work with in the future
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Latest from 24/7
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
You can follow him investing $500,000 of his own money on our top AI stocks for free.