Dynamic Technology Lab Private Ltd Has $348,000 Holdings in Thermon Group Holdings, Inc. $THR

by · The Cerbat Gem

Dynamic Technology Lab Private Ltd decreased its holdings in Thermon Group Holdings, Inc. (NYSE:THR – Free Report) by 23.8% in the 2nd quarter, Holdings Channel.com reports. The firm owned 12,392 shares of the technology company’s stock after selling 3,868 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Thermon Group were worth $348,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the business. CWM LLC grew its position in shares of Thermon Group by 68.9% during the 1st quarter. CWM LLC now owns 922 shares of the technology company’s stock worth $26,000 after purchasing an additional 376 shares in the last quarter. State of Wyoming acquired a new stake in shares of Thermon Group in the first quarter valued at approximately $59,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Thermon Group in the second quarter valued at approximately $218,000. Commerce Bank grew its position in Thermon Group by 8.1% during the first quarter. Commerce Bank now owns 10,105 shares of the technology company’s stock worth $281,000 after buying an additional 755 shares in the last quarter. Finally, Jump Financial LLC acquired a new stake in Thermon Group during the first quarter worth approximately $315,000. Institutional investors own 99.76% of the company’s stock.

Wall Street Analyst Weigh In

THR has been the subject of a number of analyst reports. Weiss Ratings raised Thermon Group from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, November 19th. Wall Street Zen raised Thermon Group from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 16th. One research analyst has rated the stock with a Buy rating, According to data from MarketBeat, Thermon Group currently has a consensus rating of “Buy”.

View Our Latest Research Report on Thermon Group

Thermon Group Trading Up 2.8%

Shares of THR stock opened at $35.18 on Wednesday. Thermon Group Holdings, Inc. has a twelve month low of $23.05 and a twelve month high of $36.14. The stock’s fifty day simple moving average is $29.21 and its 200 day simple moving average is $27.94. The company has a quick ratio of 1.49, a current ratio of 2.43 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $1.16 billion, a P/E ratio of 22.26 and a beta of 1.06.

Thermon Group (NYSE:THR – Get Free Report) last announced its quarterly earnings results on Thursday, November 6th. The technology company reported $0.55 EPS for the quarter, beating analysts’ consensus estimates of $0.36 by $0.19. The firm had revenue of $131.72 million for the quarter, compared to analyst estimates of $119.43 million. Thermon Group had a return on equity of 12.65% and a net margin of 10.89%.The business’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same period last year, the firm posted $0.38 earnings per share. Thermon Group has set its FY 2026 guidance at 2.000-2.15 EPS. As a group, sell-side analysts predict that Thermon Group Holdings, Inc. will post 1.88 EPS for the current fiscal year.

Thermon Group Company Profile

(Free Report)

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.

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