Blair William & Co. IL Has $5.71 Million Stock Holdings in Thermon Group Holdings, Inc. (NYSE:THR)

Blair William & Co. IL boosted its position in shares of Thermon Group Holdings, Inc. (NYSE:THR) by 3.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 198,429 shares of the technology company’s stock after purchasing an additional 7,328 shares during the period. Blair William & Co. IL owned 0.59% of Thermon Group worth $5,709,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. EntryPoint Capital LLC acquired a new stake in shares of Thermon Group during the 4th quarter valued at about $554,000. Vanguard Group Inc. lifted its stake in Thermon Group by 0.5% in the fourth quarter. Vanguard Group Inc. now owns 3,383,299 shares of the technology company’s stock valued at $97,338,000 after acquiring an additional 16,112 shares during the last quarter. KLP Kapitalforvaltning AS bought a new stake in Thermon Group in the fourth quarter worth approximately $175,000. Sei Investments Co. increased its stake in shares of Thermon Group by 7.0% during the 4th quarter. Sei Investments Co. now owns 16,887 shares of the technology company’s stock worth $486,000 after purchasing an additional 1,098 shares during the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Thermon Group by 1.7% during the 4th quarter. American Century Companies Inc. now owns 49,926 shares of the technology company’s stock valued at $1,436,000 after purchasing an additional 857 shares in the last quarter. Hedge funds and other institutional investors own 99.76% of the company’s stock.

Thermon Group Stock Down 1.8 %

THR opened at $28.42 on Monday. The firm has a market cap of $957.44 million, a P/E ratio of 20.90 and a beta of 0.98. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.71 and a current ratio of 2.56. The business has a 50 day moving average price of $29.00 and a 200 day moving average price of $29.25. Thermon Group Holdings, Inc. has a twelve month low of $25.76 and a twelve month high of $35.93.

Thermon Group (NYSE:THR) last issued its quarterly earnings data on Thursday, February 6th. The technology company reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.02. Thermon Group had a net margin of 9.48% and a return on equity of 11.72%. Research analysts forecast that Thermon Group Holdings, Inc. will post 1.88 EPS for the current year.

Analyst Ratings Changes

Separately, StockNews.com cut shares of Thermon Group from a “strong-buy” rating to a “buy” rating in a report on Tuesday, February 25th.

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 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.