Thor Industries Ownership
| THO Stock | USD 112.18 1.65 1.49% |
Shares in Circulation | First Issued 2009-03-31 | Previous Quarter 54 M | Current Value 54 M | Avarage Shares Outstanding 54 M | Quarterly Volatility 1.1 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Thor |
Thor Stock Ownership Analysis
About 95.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.46. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Thor Industries has Price/Earnings To Growth (PEG) ratio of 0.92. The entity last dividend was issued on the 1st of November 2024. The firm had 2:1 split on the 27th of January 2004. THOR Industries, Inc. designs, manufactures, and sells recreational vehicles , and related parts and accessories in the United States, Canada, and Europe. THOR Industries, Inc. was incorporated in 1980 and is based in Elkhart, Indiana. Thor Industries operates under Recreational Vehicles classification in the United States and is traded on New York Stock Exchange. It employs 32000 people. To find out more about Thor Industries contact Robert Wheeler at 574 970 7460 or learn more at https://www.thorindustries.com.Besides selling stocks to institutional investors, Thor Industries also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Thor Industries' stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Thor Industries' strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Thor Industries Quarterly Liabilities And Stockholders Equity |
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Thor Industries Insider Trades History
About 5.0% of Thor Industries are currently held by insiders. Unlike Thor Industries' institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Thor Industries' private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Thor Industries' insider trades
Thor Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Thor Industries is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thor Industries backward and forwards among themselves. Thor Industries' institutional investor refers to the entity that pools money to purchase Thor Industries' securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Jpmorgan Chase & Co | 2024-06-30 | 1.1 M | Madison Asset Management, Llc | 2024-09-30 | 921 K | Geode Capital Management, Llc | 2024-09-30 | 911.2 K | American Century Companies Inc | 2024-09-30 | 863.8 K | Morgan Stanley - Brokerage Accounts | 2024-06-30 | 820.9 K | Wells Fargo & Co | 2024-06-30 | 691.3 K | Envestnet Asset Management Inc | 2024-09-30 | 668 K | Candlestick Capital Management Lp | 2024-09-30 | 650 K | Charles Schwab Investment Management Inc | 2024-09-30 | 601.4 K | Kayne Anderson Rudnick Investment Management Llc | 2024-06-30 | 5.4 M | Vanguard Group Inc | 2024-09-30 | 5.2 M |
Thor Industries Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Thor Industries insiders, such as employees or executives, is commonly permitted as long as it does not rely on Thor Industries' material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Thor Industries insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Thor Industries Outstanding Bonds
Thor Industries issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Thor Industries uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Thor bonds can be classified according to their maturity, which is the date when Thor Industries has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Thor Industries Corporate Filings
13A | 14th of November 2024 An amended filing to the original Schedule 13G | ViewVerify |
| 6th of November 2024 Other Reports | ViewVerify | |
13A | 31st of October 2024 The form used by investors holding more than 5% of a company's stock, to report their beneficial ownership pursuant to Rule 13d-1 or Rule 13d-2 under the Securities Exchange Act of 1934 | ViewVerify |
F4 | 18th of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
Pair Trading with Thor Industries
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thor Industries position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thor Industries will appreciate offsetting losses from the drop in the long position's value.Moving together with Thor Stock
Moving against Thor Stock
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The ability to find closely correlated positions to Thor Industries could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thor Industries when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thor Industries - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thor Industries to buy it.
The correlation of Thor Industries is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thor Industries moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thor Industries moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thor Industries can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Thor Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate. To learn how to invest in Thor Stock, please use our How to Invest in Thor Industries guide.You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Is Automobile Manufacturers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Thor Industries. If investors know Thor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Thor Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.001 | Dividend Share 1.92 | Earnings Share 4.94 | Revenue Per Share 188.614 | Quarterly Revenue Growth (0.07) |
The market value of Thor Industries is measured differently than its book value, which is the value of Thor that is recorded on the company's balance sheet. Investors also form their own opinion of Thor Industries' value that differs from its market value or its book value, called intrinsic value, which is Thor Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Thor Industries' market value can be influenced by many factors that don't directly affect Thor Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Thor Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Thor Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Thor Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.