William Blair Research Analysts Increase Earnings Estimates for Thermon Group Holdings, Inc. (NYSE:THR)

Thermon Group Holdings, Inc. (NYSE:THR) – Equities research analysts at William Blair lifted their Q3 2025 earnings estimates for shares of Thermon Group in a research report issued to clients and investors on Wednesday, August 7th. William Blair analyst B. Drab now forecasts that the technology company will earn $0.66 per share for the quarter, up from their previous forecast of $0.65. The consensus estimate for Thermon Group’s current full-year earnings is $1.98 per share.

Other equities research analysts have also issued research reports about the stock. StockNews.com lowered shares of Thermon Group from a “buy” rating to a “hold” rating in a report on Thursday, August 8th. Roth Mkm upped their price objective on shares of Thermon Group from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Thursday, May 30th. Finally, CJS Securities started coverage on shares of Thermon Group in a research note on Monday, April 29th. They issued an “outperform” rating and a $42.00 target price on the stock.

Thermon Group Stock Up 2.6 %

NYSE THR opened at $28.94 on Monday. The business has a fifty day moving average price of $30.52 and a 200 day moving average price of $30.71. The company has a debt-to-equity ratio of 0.31, a quick ratio of 1.73 and a current ratio of 2.61. The company has a market cap of $978.17 million, a P/E ratio of 19.29 and a beta of 1.08. Thermon Group has a one year low of $23.76 and a one year high of $35.93.

Thermon Group (NYSE:THR) last announced its earnings results on Wednesday, August 7th. The technology company reported $0.38 EPS for the quarter, beating analysts’ consensus estimates of $0.31 by $0.07. The business had revenue of $115.10 million during the quarter, compared to analysts’ expectations of $115.99 million. Thermon Group had a return on equity of 13.26% and a net margin of 9.78%. The business’s revenue was up 7.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.40 earnings per share.

Insiders Place Their Bets

In related news, Director John T. Nesser III sold 6,000 shares of the company’s stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $33.60, for a total value of $201,600.00. Following the completion of the sale, the director now owns 57,315 shares of the company’s stock, valued at $1,925,784. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other Thermon Group news, SVP Mark John Roberts sold 2,910 shares of the firm’s stock in a transaction on Friday, May 31st. The stock was sold at an average price of $33.35, for a total transaction of $97,048.50. Following the completion of the sale, the senior vice president now owns 50,920 shares of the company’s stock, valued at $1,698,182. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director John T. Nesser III sold 6,000 shares of the company’s stock in a transaction dated Friday, May 31st. The shares were sold at an average price of $33.60, for a total transaction of $201,600.00. Following the completion of the transaction, the director now directly owns 57,315 shares in the company, valued at approximately $1,925,784. The disclosure for this sale can be found here. Insiders sold 13,910 shares of company stock valued at $462,849 in the last three months. 2.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Thermon Group

Institutional investors have recently modified their holdings of the business. Quest Partners LLC boosted its stake in shares of Thermon Group by 2,375.0% in the 2nd quarter. Quest Partners LLC now owns 1,089 shares of the technology company’s stock valued at $33,000 after buying an additional 1,045 shares during the period. Canada Pension Plan Investment Board purchased a new position in Thermon Group in the second quarter worth approximately $40,000. Meeder Asset Management Inc. acquired a new position in Thermon Group during the 2nd quarter worth approximately $60,000. AJOVista LLC purchased a new stake in shares of Thermon Group during the 4th quarter worth $85,000. Finally, EntryPoint Capital LLC lifted its holdings in Thermon Group by 421.1% during the 1st quarter. EntryPoint Capital LLC now owns 6,331 shares of the technology company’s stock worth $207,000 after buying an additional 5,116 shares during the last quarter. Institutional investors and hedge funds own 99.76% of the company’s stock.

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 provides 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.