Q2 EPS Estimates for Thermon Group Raised by William Blair

Thermon Group Holdings, Inc. (NYSE:THR) – Equities research analysts at William Blair increased their Q2 2026 earnings per share estimates for shares of Thermon Group in a report released on Thursday, August 7th. William Blair analyst B. Drab now anticipates that the technology company will earn $0.41 per share for the quarter, up from their prior estimate of $0.40. 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 $0.56 EPS and FY2026 earnings at $1.88 EPS.

Thermon Group (NYSE:THR) last posted its quarterly earnings results on Thursday, August 7th. The technology company reported $0.36 earnings per share for the quarter, missing analysts’ consensus estimates of $0.37 by ($0.01). The firm had revenue of $108.90 million for the quarter, compared to analyst estimates of $122.53 million. Thermon Group had a return on equity of 12.76% and a net margin of 10.89%. The firm’s quarterly revenue was down 5.4% compared to the same quarter last year. During the same period last year, the company posted $0.38 earnings per share.

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

Thermon Group Stock Performance

Shares of THR opened at $24.73 on Monday. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.64 and a current ratio of 2.43. The stock has a 50 day moving average price of $27.68 and a two-hundred day moving average price of $27.77. The firm has a market capitalization of $817.57 million, a P/E ratio of 15.65 and a beta of 1.09. Thermon Group has a 52 week low of $23.05 and a 52 week high of $33.25.

Hedge Funds Weigh In On Thermon Group

Several institutional investors have recently modified their holdings of THR. Quarry LP grew its holdings in shares of Thermon Group by 314.1% in the fourth quarter. Quarry LP now owns 853 shares of the technology company’s stock valued at $25,000 after acquiring an additional 647 shares in the last quarter. CWM LLC lifted its stake in 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 lifted its stake in Thermon Group by 3,912.0% in the first quarter. GAMMA Investing LLC now owns 1,003 shares of the technology company’s stock valued at $28,000 after purchasing an additional 978 shares during the last quarter. State of Wyoming purchased a new position in Thermon Group in the first quarter valued at approximately $59,000. Finally, Point72 Asset Management L.P. purchased a new position in Thermon Group in the fourth quarter valued at approximately $192,000. 99.76% of the stock is owned by 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.