Thermon Group (THR) Projected to Post Quarterly Earnings on Thursday

Thermon Group (NYSE:THR) is expected to be releasing its Q3 2026 results before the market opens on Thursday, February 5th. Analysts expect the company to announce earnings of $0.59 per share and revenue of $138.3530 million for the quarter. Thermon Group has set its FY 2026 guidance at 2.000-2.15 EPS. Individuals may review the information on the company’s upcoming Q3 2026 earning report for the latest details on the call scheduled for Thursday, February 5, 2026 at 11:00 AM ET.

Thermon Group (NYSE:THR) last posted its quarterly earnings data on Thursday, November 6th. The technology company reported $0.55 EPS for the quarter, topping analysts’ consensus estimates of $0.36 by $0.19. The company had revenue of $131.72 million during the quarter, compared to the consensus estimate of $119.43 million. Thermon Group had a net margin of 11.60% and a return on equity of 13.58%. The company’s quarterly revenue was up 14.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.38 EPS. On average, analysts expect Thermon Group to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Thermon Group Price Performance

NYSE:THR opened at $43.42 on Thursday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.74 and a current ratio of 2.82. The stock’s 50-day simple moving average is $38.62 and its 200 day simple moving average is $31.50. The company has a market cap of $1.43 billion, a P/E ratio of 24.81 and a beta of 0.79. Thermon Group has a 52-week low of $23.05 and a 52-week high of $44.76.

Institutional Trading of Thermon Group

A number of hedge funds have recently made changes to their positions in the business. UBS Group AG increased its holdings in shares of Thermon Group by 287.4% during the 3rd quarter. UBS Group AG now owns 288,370 shares of the technology company’s stock worth $7,705,000 after acquiring an additional 213,935 shares during the last quarter. Citadel Advisors LLC bought a new position in Thermon Group during the third quarter worth $4,381,000. Cubist Systematic Strategies LLC acquired a new position in shares of Thermon Group in the second quarter valued at $4,487,000. Arrowstreet Capital Limited Partnership raised its position in shares of Thermon Group by 51.0% in the third quarter. Arrowstreet Capital Limited Partnership now owns 428,646 shares of the technology company’s stock valued at $11,453,000 after purchasing an additional 144,757 shares during the period. Finally, Two Sigma Investments LP lifted its stake in shares of Thermon Group by 590.5% during the 3rd quarter. Two Sigma Investments LP now owns 156,246 shares of the technology company’s stock worth $4,175,000 after buying an additional 133,617 shares during the last quarter. 99.76% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Thermon Group in a research report on Monday, December 29th. Wall Street Zen raised shares of Thermon Group from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 16th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy”.

About Thermon Group

Thermon Group, Inc (NYSE: THR) is a global provider of engineered thermal solutions designed to maintain process temperatures, prevent freezing and improve energy efficiency across industrial, commercial and power generation applications. The company specializes in the design, manufacture, installation and service of heat tracing systems, insulation and protective coatings for pipelines, tanks, vessels and other critical equipment.

Thermon’s core offerings include electric heat tracing, steam tracing, custom-engineered control panels, monitoring systems and advanced sensor technologies.