Thermon Group (NYSE:THR) Updates FY 2026 Earnings Guidance

Thermon Group (NYSE:THR) issued an update on its FY 2026 earnings guidance on Thursday morning. The company provided earnings per share guidance of 1.640-1.780 for the period, compared to the consensus earnings per share estimate of 2.060. The company issued revenue guidance of -.

Thermon Group Stock Up 3.8%

NYSE THR opened at $50.62 on Friday. The company has a quick ratio of 1.74, a current ratio of 2.82 and a debt-to-equity ratio of 0.26. Thermon Group has a fifty-two week low of $23.05 and a fifty-two week high of $51.54. The business has a 50 day moving average price of $40.40 and a two-hundred day moving average price of $32.42. The stock has a market cap of $1.66 billion, a PE ratio of 28.76 and a beta of 0.78.

Thermon Group (NYSE:THR) last posted its earnings results on Thursday, February 5th. The technology company reported $0.66 EPS for the quarter, topping analysts’ consensus estimates of $0.59 by $0.07. The business had revenue of $147.31 million for the quarter, compared to analysts’ expectations of $138.35 million. Thermon Group had a net margin of 11.26% and a return on equity of 14.04%. The business’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.56 earnings per share. Thermon Group has set its FY 2026 guidance at 1.640-1.780 EPS. As a group, sell-side analysts predict that Thermon Group will post 1.88 EPS for the current fiscal year.

Analyst Ratings Changes

THR has been the subject of a number of analyst reports. Craig Hallum started coverage on shares of Thermon Group in a research report on Monday, February 2nd. They issued a “buy” rating and a $60.00 price objective for the company. Roth Mkm boosted their price target on Thermon Group from $38.00 to $54.00 and gave the stock a “buy” rating in a research note on Tuesday. Weiss Ratings restated a “buy (b-)” rating on shares of Thermon Group in a research note on Monday, December 29th. Finally, Wall Street Zen lowered Thermon Group from a “strong-buy” rating to a “buy” rating in a research report on Saturday. Three investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $57.00.

Trending Headlines about Thermon Group

Here are the key news stories impacting Thermon Group this week:

• Positive Sentiment: Thermon reported record quarterly revenue and delivered an EPS beat — adjusted EPS $0.66 vs. consensus $0.59 — driven by higher revenue and margin improvement. This is the main driver lifting investor sentiment. Thermon Group Holdings Inc (THR) Q3 2026 Earnings Call Highlights: Record Revenue and Strategic …
• Positive Sentiment: Operational metrics were strong: revenue of $147.3M (+9.6% y/y), gross margin ~46.6%, adjusted EBITDA margin ~24.2%, and new orders up ~14% with a book-to-bill of ~1.1x — indicating durable demand and improved profitability. Thermon Reports Third Quarter Fiscal 2026 Results
• Positive Sentiment: Analysts reacted positively: at least one published note lifted THR’s price target (reported ~+21.6% to $45.90), which can support near-term buying interest. Thermon Group Holdings (THR) price target increased by 21.62% to 45.90
• Neutral Sentiment: Full earnings call transcript, presentation slides and multiple transcripts are available for investors seeking detail on segment trends, backlog, and margin drivers; these provide color but no single new data point. Thermon Group Holdings, Inc. 2026 Q3 – Results – Earnings Call Presentation Q3 2026 earnings call transcript
• Negative Sentiment: Management issued FY2026 EPS guidance of $1.64–$1.78, which, while reportedly an increase versus the company’s prior internal outlook, sits below the street consensus (~$2.06). That guidance gap may cap upside and explain some seller activity despite the beat. Thermon Group fiscal Q3 earnings snapshot and guidance

Institutional Trading of Thermon Group

A number of institutional investors and hedge funds have recently modified their holdings of THR. Fiduciary Trust Co acquired a new position in Thermon Group during the 3rd quarter valued at about $224,000. Boston Partners boosted its holdings in shares of Thermon Group by 25.9% in the third quarter. Boston Partners now owns 14,467 shares of the technology company’s stock valued at $387,000 after acquiring an additional 2,972 shares in the last quarter. Sei Investments Co. boosted its holdings in shares of Thermon Group by 10.3% in the third quarter. Sei Investments Co. now owns 18,493 shares of the technology company’s stock valued at $494,000 after acquiring an additional 1,723 shares in the last quarter. Intech Investment Management LLC increased its stake in shares of Thermon Group by 2.3% during the third quarter. Intech Investment Management LLC now owns 14,346 shares of the technology company’s stock valued at $383,000 after acquiring an additional 327 shares during the period. Finally, Tidal Investments LLC raised its holdings in Thermon Group by 9.5% during the second quarter. Tidal Investments LLC now owns 18,798 shares of the technology company’s stock worth $528,000 after purchasing an additional 1,637 shares in the last quarter. 99.76% of the stock is owned by institutional investors and hedge funds.

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.