THOR Industries (THO) reported fiscal 2026 fourth-quarter net sales of $2.31 billion, down 8.4% from a year earlier. GAAP net income was $41.3 million, compared with $126.6 million in the prior-year quarter, while diluted earnings per share were $0.78 versus $2.36.
For fiscal 2026, THOR posted net sales of $9.61 billion, up 0.3%, and GAAP net income of $174.7 million, down from $256.6 million a year earlier.
- Fourth-quarter gross profit was $285.6 million, down 23.0%, and gross margin was 12.4%, down from 14.7%.
- Net income attributable to THOR was $40.8 million in the quarter, down 67.5% year over year.
- European RV fourth-quarter sales rose 5.0% to $969.2 million, while North American Towable and Motorized RV sales declined 22.7% and 10.4%, respectively.
- During fiscal 2026, the company reduced debt by $59.7 million and repurchased $115.1 million of shares, including $34.3 million in the fourth quarter.
- THOR said it will provide fiscal 2027 guidance later in the fall after reviewing industry-event input and cost-savings expectations.
$THO Hedge Fund Activity
We have seen 175 institutional investors add shares of $THO stock to their portfolio, and 275 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CANADA PENSION PLAN INVESTMENT BOARD added 864,494 shares (+14652.4%) to their portfolio in Q2 2026, for an estimated $64,975,369
- LIFE CYCLE INVESTMENT PARTNERS LTD added 825,159 shares (+25.2%) to their portfolio in Q2 2026, for an estimated $62,018,950
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 667,577 shares (+inf%) to their portfolio in Q2 2026, for an estimated $50,175,087
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 665,155 shares (-15.5%) from their portfolio in Q2 2026, for an estimated $49,993,049
- ACR ALPINE CAPITAL RESEARCH, LLC added 624,432 shares (+12.7%) to their portfolio in Q2 2026, for an estimated $46,932,309
- CITADEL ADVISORS LLC removed 591,073 shares (-74.2%) from their portfolio in Q1 2026, for an estimated $47,220,821
- DRIEHAUS CAPITAL MANAGEMENT LLC removed 427,944 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $34,188,446
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
