Q2 EPS Estimates for Thermon Group Lifted by William Blair

Thermon Group Holdings, Inc. (NYSE:THR) – Research analysts at William Blair increased their Q2 2026 earnings per share estimates for Thermon Group in a research report issued on Friday, May 23rd. William Blair analyst B. Drab now expects that the technology company will post earnings of $0.40 per share for the quarter, up from their previous estimate of $0.39. The consensus estimate for Thermon Group’s current full-year earnings is $1.88 per share. William Blair also issued estimates for Thermon Group’s Q3 2026 earnings at $0.57 EPS, Q4 2026 earnings at $0.54 EPS, FY2026 earnings at $1.89 EPS and FY2027 earnings at $2.24 EPS.

Separately, Wall Street Zen upgraded Thermon Group from a “buy” rating to a “strong-buy” rating in a research report on Saturday.

Thermon Group Trading Up 2.3%

Shares of THR stock opened at $27.08 on Monday. Thermon Group has a 1 year low of $23.05 and a 1 year high of $35.84. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.56 and a quick ratio of 1.71. The stock’s 50 day simple moving average is $27.16 and its two-hundred day simple moving average is $28.74. The company has a market cap of $912.33 million, a PE ratio of 19.91 and a beta of 1.07.

Thermon Group (NYSE:THR) last issued its earnings results on Thursday, May 22nd. The technology company reported $0.56 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.50 by $0.06. The firm had revenue of $134.08 million for the quarter, compared to analysts’ expectations of $133.65 million. Thermon Group had a return on equity of 11.72% and a net margin of 9.48%. The business’s revenue was up 5.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.34 earnings per share.

Institutional Investors Weigh In On Thermon Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in THR. Medina Value Partners LLC purchased a new stake in Thermon Group during the fourth quarter valued at approximately $17,747,000. Invesco Ltd. grew its stake in shares of Thermon Group by 420.1% during the first quarter. Invesco Ltd. now owns 269,095 shares of the technology company’s stock valued at $7,494,000 after buying an additional 217,352 shares during the last quarter. Lightrock Netherlands B.V. bought a new position in shares of Thermon Group during the fourth quarter valued at approximately $4,995,000. Kennedy Capital Management LLC grew its stake in shares of Thermon Group by 55.6% during the fourth quarter. Kennedy Capital Management LLC now owns 333,640 shares of the technology company’s stock valued at $9,599,000 after buying an additional 119,277 shares during the last quarter. Finally, Nuveen LLC bought a new position in shares of Thermon Group during the first quarter valued at approximately $2,577,000. 99.76% of the stock is currently owned by hedge funds and other institutional investors.

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.