Thermon Group (THR) Projected to Post Earnings on Thursday

Thermon Group (NYSE:THR) is expected to issue 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 visit the the company’s upcoming Q3 2026 earning results page 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 earnings results on Thursday, November 6th. The technology company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.36 by $0.19. The firm had revenue of $131.72 million for the quarter, compared to the consensus estimate of $119.43 million. Thermon Group had a return on equity of 13.58% and a net margin of 11.60%.The business’s quarterly revenue was up 14.9% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.38 earnings per share. 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

Shares of NYSE THR opened at $47.02 on Tuesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.74 and a current ratio of 2.82. Thermon Group has a fifty-two week low of $23.05 and a fifty-two week high of $48.08. The stock has a market cap of $1.54 billion, a PE ratio of 26.87 and a beta of 0.78. The stock has a fifty day moving average of $39.36 and a 200-day moving average of $31.90.

Analysts Set New Price Targets

Several brokerages have recently weighed in on THR. Weiss Ratings reiterated 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 report on Sunday, November 16th. Finally, Craig Hallum assumed coverage on shares of Thermon Group in a report on Monday. They issued a “buy” rating and a $60.00 price target for the company. Two research analysts have rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $60.00.

Institutional Trading of Thermon Group

Institutional investors and hedge funds have recently made changes to their positions in the stock. Intech Investment Management LLC lifted its holdings in shares of Thermon Group by 2.3% during the 3rd quarter. Intech Investment Management LLC now owns 14,346 shares of the technology company’s stock worth $383,000 after acquiring an additional 327 shares during the last quarter. Legal & General Group Plc raised its position in Thermon Group by 2.2% during the third quarter. Legal & General Group Plc now owns 38,133 shares of the technology company’s stock valued at $1,019,000 after purchasing an additional 807 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Thermon Group by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 19,822 shares of the technology company’s stock worth $552,000 after purchasing an additional 845 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Thermon Group by 0.4% in the 1st quarter. Royal Bank of Canada now owns 258,852 shares of the technology company’s stock worth $7,209,000 after purchasing an additional 1,082 shares in the last quarter. Finally, Canada Pension Plan Investment Board bought a new position in shares of Thermon Group during the 2nd quarter valued at about $31,000. Hedge funds and other institutional investors own 99.76% of the company’s stock.

Thermon Group Company Profile

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.