Thermon Group Holdings, Inc. Forecasted to Earn Q3 2025 Earnings of $0.66 Per Share (NYSE:THR)

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

THR has been the subject of a number of other research reports. Roth Mkm increased their price objective on Thermon Group from $36.00 to $38.00 and gave the company a “buy” rating in a research note on Thursday, May 30th. StockNews.com lowered shares of Thermon Group from a “buy” rating to a “hold” rating in a report on Thursday, August 8th. Finally, CJS Securities began coverage on shares of Thermon Group in a report on Monday, April 29th. They set an “outperform” rating and a $42.00 target price for the company.

Thermon Group Stock Performance

Shares of NYSE THR opened at $28.94 on Monday. The stock’s 50-day moving average is $30.52 and its 200 day moving average is $30.71. The stock has a market cap of $978.17 million, a price-to-earnings ratio of 19.29 and a beta of 1.08. Thermon Group has a 1-year low of $23.76 and a 1-year high of $35.93. The company has a current ratio of 2.61, a quick ratio of 1.73 and a debt-to-equity ratio of 0.31.

Thermon Group (NYSE:THR) last released its quarterly earnings results on Wednesday, August 7th. The technology company reported $0.38 earnings per share for the quarter, beating the consensus estimate of $0.31 by $0.07. The firm had revenue of $115.10 million for 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 company’s revenue was up 7.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.40 EPS.

Insiders Place Their Bets

In other news, Director John T. Nesser III sold 6,000 shares of Thermon Group 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 sale, the director now owns 57,315 shares of the company’s stock, valued at approximately $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, Director Kevin J. Mcginty sold 5,000 shares of the firm’s stock in a transaction on Monday, June 3rd. The stock was sold at an average price of $32.84, for a total transaction of $164,200.00. Following the completion of the transaction, the director now owns 38,109 shares of the company’s stock, valued at $1,251,499.56. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director John T. Nesser III sold 6,000 shares of the company’s stock in a transaction dated Friday, May 31st. The stock was sold at an average price of $33.60, for a total transaction of $201,600.00. Following the completion of the sale, the director now directly owns 57,315 shares in the company, valued at $1,925,784. The disclosure for this sale can be found here. In the last ninety days, insiders sold 13,910 shares of company stock worth $462,849. 2.40% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Thermon Group

Several hedge funds have recently bought and sold shares of the business. Westwood Holdings Group Inc. purchased a new position in shares of Thermon Group during the first quarter valued at approximately $20,415,000. Swedbank AB purchased a new position in Thermon Group during the first quarter valued at $20,254,000. Wells Fargo & Company MN boosted its holdings in Thermon Group by 595.9% in the fourth quarter. Wells Fargo & Company MN now owns 300,880 shares of the technology company’s stock worth $9,800,000 after acquiring an additional 257,646 shares in the last quarter. William Blair Investment Management LLC grew its stake in shares of Thermon Group by 22.2% in the first quarter. William Blair Investment Management LLC now owns 901,244 shares of the technology company’s stock worth $29,489,000 after acquiring an additional 163,640 shares during the last quarter. Finally, First Eagle Investment Management LLC increased its holdings in shares of Thermon Group by 358.8% during the second quarter. First Eagle Investment Management LLC now owns 195,000 shares of the technology company’s stock valued at $5,998,000 after acquiring an additional 152,500 shares in the last quarter. 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 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.