Thermon Group FY2026 EPS Estimate Decreased by William Blair

Thermon Group Holdings, Inc. (NYSE:THR) – Stock analysts at William Blair reduced their FY2026 earnings estimates for shares of Thermon Group in a research note issued on Thursday, November 7th. William Blair analyst B. Drab now expects that the technology company will earn $2.12 per share for the year, down from their prior estimate of $2.27. The consensus estimate for Thermon Group’s current full-year earnings is $1.79 per share. William Blair also issued estimates for Thermon Group’s FY2027 earnings at $2.49 EPS.

Separately, StockNews.com raised Thermon Group from a “hold” rating to a “buy” rating in a research report on Saturday, September 14th.

Thermon Group Trading Up 0.3 %

Shares of THR stock opened at $29.53 on Monday. Thermon Group has a 1-year low of $23.76 and a 1-year high of $35.93. The firm’s 50-day simple moving average is $28.46 and its 200-day simple moving average is $30.40. The firm has a market cap of $994.87 million, a P/E ratio of 23.07 and a beta of 1.07. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.80 and a quick ratio of 1.85.

Thermon Group (NYSE:THR) last announced its quarterly earnings data on Thursday, November 7th. The technology company reported $0.38 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.03. The business had revenue of $114.60 million for the quarter, compared to the consensus estimate of $116.19 million. Thermon Group had a net margin of 8.89% and a return on equity of 12.08%. The company’s quarterly revenue was down 7.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.49 earnings per share.

Hedge Funds Weigh In On Thermon Group

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Quest Partners LLC raised its stake in shares of Thermon Group by 2,375.0% during the second quarter. Quest Partners LLC now owns 1,089 shares of the technology company’s stock valued at $33,000 after purchasing an additional 1,045 shares during the period. Canada Pension Plan Investment Board purchased a new stake in Thermon Group during the 2nd quarter worth $40,000. Meeder Asset Management Inc. acquired a new position in Thermon Group in the 2nd quarter worth $60,000. EntryPoint Capital LLC boosted its position in Thermon Group by 421.1% in the 1st quarter. EntryPoint Capital LLC now owns 6,331 shares of the technology company’s stock valued at $207,000 after buying an additional 5,116 shares during the last quarter. Finally, QRG Capital Management Inc. grew its stake in shares of Thermon Group by 9.8% during the second quarter. QRG Capital Management Inc. now owns 6,838 shares of the technology company’s stock valued at $210,000 after acquiring an additional 608 shares in the last quarter. 99.76% of the stock is owned by institutional investors and hedge funds.

Thermon Group Company Profile

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.