Thermon Group HoldingsTHR
Market Cap: $978M
About: Thermon Group Holdings Inc is a United States-based company that provides engineered thermal solutions for process industries. The company's product portfolio comprises electric heat tracing cables, steam tracing components, tubing bundles, and instrument and control products, as well as complementary product lines. It also provides turnkey services and design and engineering services. The company's customers include large engineering, procurement, and construction companies; oil and gas companies; commercial subcontractors; electrical component distributors; and others. The company has a presence, with the United States, Canada, and Europe being its top three markets and contributing the majority of its sales.
Employees: 1,416
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
193% more call options, than puts
Call options by funds: $495K | Put options by funds: $169K
40% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 20
6% more funds holding
Funds holding: 145 [Q1] → 153 (+8) [Q2]
6% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 48
4.69% less ownership
Funds ownership: 98.96% [Q1] → 94.27% (-4.69%) [Q2]
10% less capital invested
Capital invested by funds: $1.09B [Q1] → $979M (-$112M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for THR.