Q2 EPS Estimates for Thermon Group Raised by William Blair

Thermon Group Holdings, Inc. (NYSE:THR - Free Report) - Stock analysts at William Blair boosted their Q2 2026 earnings per share (EPS) estimates for shares of Thermon Group in a note issued to investors on Friday, May 23rd. William Blair analyst B. Drab now forecasts that the technology company will earn $0.40 per share for the quarter, up from their previous forecast 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 note on Saturday, May 24th.

Thermon Group Stock Performance

Shares of NYSE THR traded up $0.00 during mid-day trading on Monday, hitting $26.50. 6,087 shares of the company were exchanged, compared to its average volume of 183,573. The company has a quick ratio of 1.71, a current ratio of 2.56 and a debt-to-equity ratio of 0.28. The firm has a market cap of $892.85 million, a price-to-earnings ratio of 19.47 and a beta of 1.07. The stock has a 50 day simple moving average of $27.01 and a 200-day simple moving average of $28.70. Thermon Group has a 1-year low of $23.05 and a 1-year high of $35.42.

Thermon Group (NYSE:THR - Get Free Report) last issued its quarterly earnings results on Thursday, May 22nd. The technology company reported $0.56 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.06. Thermon Group had a return on equity of 11.72% and a net margin of 9.48%. The company had revenue of $134.08 million for the quarter, compared to the consensus estimate of $133.65 million. During the same quarter in the prior year, the business earned $0.34 EPS. Thermon Group's revenue was up 5.0% on a year-over-year basis.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Quarry LP grew its stake in Thermon Group by 314.1% in the 4th quarter. Quarry LP now owns 853 shares of the technology company's stock valued at $25,000 after acquiring an additional 647 shares during the last quarter. Assetmark Inc. purchased a new stake in shares of Thermon Group in the fourth quarter valued at about $26,000. CWM LLC grew its position in shares of Thermon Group by 68.9% in the first 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 last quarter. GAMMA Investing LLC increased its stake in shares of Thermon Group by 3,912.0% during the 1st quarter. GAMMA Investing LLC now owns 1,003 shares of the technology company's stock worth $28,000 after purchasing an additional 978 shares in the last quarter. Finally, Venturi Wealth Management LLC acquired a new position in shares of Thermon Group during the 4th quarter worth approximately $47,000. Hedge funds and other institutional investors 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.