William Blair Raises Earnings Estimates for Thermon Group

Thermon Group Holdings, Inc. (NYSE:THR) – William Blair lifted their Q4 2026 earnings estimates for Thermon Group in a research report issued to clients and investors on Thursday, November 6th. William Blair analyst B. Drab now expects that the technology company will earn $0.57 per share for the quarter, up from their previous forecast of $0.55. The consensus estimate for Thermon Group’s current full-year earnings is $1.88 per share.

Thermon Group (NYSE:THR) last announced its quarterly earnings results on Thursday, November 6th. The technology company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.19. Thermon Group had a return on equity of 12.65% and a net margin of 10.89%.The business had revenue of $131.72 million for the quarter, compared to analysts’ expectations of $119.43 million. During the same period in the prior year, the firm earned $0.38 EPS. The business’s quarterly revenue was up 14.9% on a year-over-year basis. Thermon Group has set its FY 2026 guidance at 2.000-2.15 EPS.

Several other equities analysts have also commented on THR. Weiss Ratings restated a “hold (c)” rating on shares of Thermon Group in a research report on Thursday, October 30th. Wall Street Zen raised shares of Thermon Group from a “hold” rating to a “buy” rating in a research note on Saturday. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Thermon Group currently has a consensus rating of “Hold”.

Thermon Group Price Performance

Shares of NYSE THR opened at $34.18 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.49. The firm has a market capitalization of $1.13 billion, a PE ratio of 21.64 and a beta of 1.06. Thermon Group has a 1-year low of $23.05 and a 1-year high of $34.41. The business’s fifty day moving average price is $27.12 and its two-hundred day moving average price is $27.33.

Hedge Funds Weigh In On Thermon Group

Several large investors have recently bought and sold shares of THR. Principal Financial Group Inc. lifted its stake in shares of Thermon Group by 3.7% in the 1st quarter. Principal Financial Group Inc. now owns 17,990 shares of the technology company’s stock worth $501,000 after acquiring an additional 639 shares during the period. Bank of New York Mellon Corp lifted its position in Thermon Group by 0.6% in the first quarter. Bank of New York Mellon Corp now owns 109,898 shares of the technology company’s stock worth $3,061,000 after purchasing an additional 631 shares during the period. Cerity Partners LLC bought a new position in Thermon Group during the 1st quarter valued at $446,000. CWM LLC increased its position in shares of Thermon Group by 68.9% during the 1st quarter. CWM LLC now owns 922 shares of the technology company’s stock valued at $26,000 after purchasing an additional 376 shares during the period. Finally, GW&K Investment Management LLC raised its stake in shares of Thermon Group by 1.6% in the 1st quarter. GW&K Investment Management LLC now owns 592,262 shares of the technology company’s stock worth $16,494,000 after buying an additional 9,292 shares in the last quarter. Institutional investors and hedge funds own 99.76% of the company’s stock.

About Thermon Group

Thermon Group Holdings, Inc provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It offers heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services.