In its first-quarter 2026 investor letter, Madison Mid Cap Fund highlighted THOR Industries, Inc. (NYSE:THO).
THOR Industries, Inc. (NYSE:THO) is a leading recreational vehicle manufacturer
On June 29, 2026, THOR Industries, Inc. (NYSE:THO) closed at $78.92 per share, reflecting a market capitalization of $4.11 billion. THOR Industries, Inc. (NYSE:THO) posted a one-month return of -1.78%, while its shares lost 13.10% over the past 52 weeks. Madison Mid Cap Fund stated the following regarding THOR Industries, Inc. (NYSE:THO) in its Q1 2026 investor letter: “The bottom five detractors for the quarter were Gartner, Brown & Brown, ServiceTitan, THOR Industries, Inc. (NYSE:THO), and Medpace Holdings.
The drop in Thor Industries shares was coincident with the increase in oil prices and interest rates as a result of the Iran war, given the sensitivity to RV sales to these factors.” THOR Industries, Inc. (NYSE:THO) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 31 hedge fund portfolios held THOR Industries, Inc. (NYSE:THO) at the end of the first quarter, compared to 32 in the previous quarter. While we acknowledge the potential of THOR Industries, Inc. (NYSE:THO) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk.