Thermon Group Holdings
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, in the United States and Latin America (US-LAM), Canada, Europe, Middle East and Africa (EMEA), and Asia-Pacific.
Employees: 1,416
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
45% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 42
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
4% less capital invested
Capital invested by funds: $990M [Q2] → $948M (-$41.8M) [Q3]
1.21% less ownership
Funds ownership: 95.28% [Q2] → 94.07% (-1.21%) [Q3]
3% less funds holding
Funds holding: 154 [Q2] → 150 (-4) [Q3]
18% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 22
Research analyst outlook
We haven’t received any recent analyst ratings for THR.