Q2 EPS Estimates for Thermon Group Lifted by William Blair

Thermon Group Holdings, Inc. (NYSE:THR) – Stock analysts at William Blair upped their Q2 2026 earnings per share (EPS) estimates for Thermon Group in a report released 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 prior 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.

Thermon Group (NYSE:THR) last released its quarterly earnings results on Thursday, May 22nd. The technology company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $133.65 million. During the same period in the previous year, the firm posted $0.34 earnings per share. The business’s revenue for the quarter was up 5.0% compared to the same quarter last year.

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

Thermon Group Stock Performance

Thermon Group stock opened at $26.51 on Monday. The firm has a market capitalization of $893.22 million, a P/E ratio of 19.49 and a beta of 1.07. The stock has a fifty day moving average price of $27.28 and a 200 day moving average price of $28.77. Thermon Group has a 52 week low of $23.05 and a 52 week high of $35.84. The company has a current ratio of 2.56, a quick ratio of 1.71 and a debt-to-equity ratio of 0.28.

Hedge Funds Weigh In On Thermon Group

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its stake in Thermon Group by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 3,383,299 shares of the technology company’s stock worth $97,338,000 after acquiring an additional 16,112 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in Thermon Group by 2.6% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,757,889 shares of the technology company’s stock worth $50,574,000 after acquiring an additional 44,137 shares during the last quarter. William Blair Investment Management LLC increased its stake in Thermon Group by 0.8% during the fourth quarter. William Blair Investment Management LLC now owns 857,633 shares of the technology company’s stock worth $24,674,000 after acquiring an additional 6,821 shares during the last quarter. Needham Investment Management LLC increased its stake in Thermon Group by 0.8% during the fourth quarter. Needham Investment Management LLC now owns 655,000 shares of the technology company’s stock worth $18,844,000 after acquiring an additional 5,000 shares during the last quarter. Finally, Swedbank AB increased its stake in Thermon Group by 1.0% during the fourth quarter. Swedbank AB now owns 621,000 shares of the technology company’s stock worth $17,866,000 after acquiring an additional 6,000 shares during the last quarter. 99.76% of the stock is currently 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.