THOR Industries announces a quarterly cash dividend of $0.50 per share, payable on July 15, 2025.
Quiver AI Summary
THOR Industries, Inc. announced that its Board of Directors has approved a quarterly cash dividend of $0.50 per share, set to be paid on July 15, 2025, to shareholders recorded by July 1, 2025. As a leading manufacturer of recreational vehicles, THOR Industries emphasizes its growth and stakeholder value through the dividend distribution. The press release also includes caution regarding forward-looking statements that reflect management's expectations and the potential risks and uncertainties the company may face, such as inflation, supply chain issues, economic fluctuations, and regulatory changes. Further details about these risks and the company's performance can be found in their recent financial reports.
Potential Positives
- THOR Industries, Inc. has announced a quarterly cash dividend of $0.50 per share, which demonstrates financial stability and commitment to returning value to shareholders.
- The dividend is a positive signal of the company's ongoing profitability and operational strength, with payouts scheduled for July 15, 2025.
- Being the world's largest manufacturer of recreational vehicles, the stability of THOR Industries strengthens confidence among investors and stakeholders in the company's market position.
Potential Negatives
- The press release includes a lengthy disclaimer regarding forward-looking statements, highlighting significant uncertainties and risks that could materially impact the company's performance, which may raise concerns among investors.
- The company acknowledges various potential factors that could negatively affect its operations, such as inflation, supply chain issues, and the dependence on a small group of suppliers for critical components, which may create apprehension about future stability.
- The mention of significant risks associated with acquisitions, including potential integration challenges and unknown liabilities, may indicate vulnerability in the company's growth strategy.
FAQ
What is the amount of the declared quarterly cash dividend?
THOR Industries, Inc. declared a quarterly cash dividend of $0.50 per share.
When will the dividend be paid?
The dividend is payable on July 15, 2025.
Who is eligible for the dividend payment?
Shareholders of record at the close of business on July 1, 2025, are eligible for the dividend payment.
What does THOR Industries manufacture?
THOR is the world's largest manufacturer of recreational vehicles.
Where can I find more information about THOR Industries?
More information can be found on THOR Industries' official website at www.thorindustries.com.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$THO Hedge Fund Activity
We have seen 197 institutional investors add shares of $THO stock to their portfolio, and 262 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ACR ALPINE CAPITAL RESEARCH, LLC added 1,339,951 shares (+62.5%) to their portfolio in Q1 2025, for an estimated $101,581,685
- SOUTHPOINT CAPITAL ADVISORS LP added 643,851 shares (+106.2%) to their portfolio in Q1 2025, for an estimated $48,810,344
- ROYAL LONDON ASSET MANAGEMENT LTD removed 552,665 shares (-28.9%) from their portfolio in Q1 2025, for an estimated $41,897,533
- TIMUCUAN ASSET MANAGEMENT INC/FL added 409,636 shares (+20.1%) to their portfolio in Q1 2025, for an estimated $31,054,505
- PACER ADVISORS, INC. removed 370,485 shares (-42.8%) from their portfolio in Q1 2025, for an estimated $28,086,467
- MANE GLOBAL CAPITAL MANAGEMENT LP removed 332,355 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $31,809,697
- VANGUARD GROUP INC added 326,584 shares (+6.5%) to their portfolio in Q1 2025, for an estimated $24,758,333
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$THO Price Targets
Multiple analysts have issued price targets for $THO recently. We have seen 6 analysts offer price targets for $THO in the last 6 months, with a median target of $85.0.
Here are some recent targets:
- Scott Stember from Roth Capital set a target price of $77.0 on 06/09/2025
- Michael Swartz from Truist Financial set a target price of $78.0 on 06/04/2025
- An analyst from D.A. Davidson set a target price of $80.0 on 03/07/2025
- An analyst from BMO Capital set a target price of $105.0 on 03/06/2025
- An analyst from Robert W. Baird set a target price of $100.0 on 03/06/2025
Full Release
ELKHART, Ind., June 18, 2025 (GLOBE NEWSWIRE) -- THOR Industries, Inc. (NYSE: THO) today announced that its Board of Directors approved, at its June 18, 2025, meeting, the payment of a regular quarterly cash dividend of $0.50 per share.
The regular cash dividend is payable on July 15, 2025, to shareholders of record at the close of business on July 1, 2025.
About THOR Industries, Inc.
THOR is the sole owner of operating companies which, combined, represent the world's largest manufacturer of recreational vehicles. For more information on the Company and its products, please go to www.thorindustries.com .
Forward-Looking Statements
This release includes certain statements that are “forward-looking” statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made based on management’s current expectations and beliefs regarding future and anticipated developments and their effects upon THOR, and inherently involve uncertainties and risks. These forward-looking statements are not a guarantee of future performance. We cannot assure you that actual results will not differ materially from our expectations. Factors which could cause materially different results include, among others: the impact of inflation on the cost of our products as well as on general consumer demand; the effect of raw material and commodity price fluctuations, and/or raw material, commodity or chassis supply constraints; the impact of war, military conflict, terrorism and/or cyber-attacks, including state-sponsored or ransom attacks; the impact of sudden or significant adverse changes in the cost and/or availability of energy or fuel, including those caused by geopolitical events, on our costs of operation, on raw material prices, on our suppliers, on our independent dealers or on retail customers; the dependence on a small group of suppliers for certain components used in production, including chassis; interest rates and interest rate fluctuations and their potential impact on the general economy and, specifically, on our profitability and on our independent dealers and consumers; the ability to ramp production up or down quickly in response to rapid changes in demand while also managing costs and market share; the level and magnitude of warranty and recall claims incurred; the ability of our suppliers to financially support any defects in their products; legislative, regulatory and tax law (including recent and pending tax-law changes implementing new, widely adopted "Pillar II" tax principles) and/or policy developments including their potential impact on our independent dealers, retail customers or on our suppliers; the costs of compliance with governmental regulation; the impact of an adverse outcome or conclusion related to current or future litigation or regulatory investigations; public perception of and the costs related to environmental, social and governance matters; legal and compliance issues including those that may arise in conjunction with recently completed transactions; lower consumer confidence and the level of discretionary consumer spending; the impact of exchange rate fluctuations; restrictive lending practices which could negatively impact our independent dealers and/or retail consumers; management changes; the success of new and existing products and services; the ability to maintain strong brands and develop innovative products that meet consumer demands; the ability to efficiently utilize existing production facilities; changes in consumer preferences; the risks associated with acquisitions, including: the pace and successful closing of an acquisition, the integration and financial impact thereof, the level of achievement of anticipated operating synergies from acquisitions, the potential for unknown or understated liabilities related to acquisitions, the potential loss of existing customers of acquisitions and our ability to retain key management personnel of acquired companies; a shortage of necessary personnel for production and increasing labor costs and related employee benefits to attract and retain production personnel in times of high demand; the loss or reduction of sales to key independent dealers, and stocking level decisions of our independent dealers; disruption of the delivery of units to independent dealers or the disruption of delivery of raw materials, including chassis, to our facilities; increasing costs for freight and transportation; the ability to protect our information technology systems from data breaches, cyber-attacks and/or network disruptions; asset impairment charges; competition; the impact of losses under repurchase agreements; the impact of the strength of the U.S. dollar on international demand for products priced in U.S. dollars; general economic, market, public health and political conditions in the various countries in which our products are produced and/or sold; the impact of changing emissions and other related climate change regulations in the various jurisdictions in which our products are produced, used and/or sold; changes to our investment and capital allocation strategies or other facets of our strategic plan; and changes in market liquidity conditions, credit ratings and other factors that may impact our access to future funding and the cost of debt.
These and other risks and uncertainties are discussed more fully in our Quarterly Report on Form 10-Q for the quarter ended April 30, 2025 and in Item 1A of our Annual Report on Form 10-K for the year ended July 31, 2024.
We disclaim any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained in this release or to reflect any change in our expectations after the date hereof or any change in events, conditions or circumstances on which any statement is based, except as required by law.
Contact
Todd Woelfer, COO
[email protected]
(574) 970-7460