Thermon Group Ownership
| THR Stock | USD 28.62 0.42 1.45% |
Shares in Circulation | First Issued 2010-03-31 | Previous Quarter 34.1 M | Current Value 34.1 M | Avarage Shares Outstanding 32.6 M | Quarterly Volatility 3.4 M |
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
Thermon |
Thermon Stock Ownership Analysis
About 97.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.97. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Thermon Group Holdings had not issued any dividends in recent years. Thermon Group Holdings, Inc. provides engineered industrial process heating solutions for process industries worldwide. Thermon Group Holdings, Inc. was founded in 1954 and is headquartered in Austin, Texas. Thermon Group operates under Specialty Industrial Machinery classification in the United States and is traded on New York Stock Exchange. It employs 1227 people. To find out more about Thermon Group Holdings contact Bruce Thames at 512 690 0600 or learn more at https://www.thermon.com.Besides selling stocks to institutional investors, Thermon Group also allocates a substantial amount of its earnings to a pull of share-based compensation to be paid out to its employees, managers, executives, and members of the board of directors. Share-Based compensation (also sometimes called Stock-Based Compensation) is a way of paying different Thermon Group's stakeholders with equity in the business. It is typically used as a motivation factor for employees to contribute beyond their regular compensation (salary and bonus). It is also used as a tool to align Thermon Group's strategic interests with those of the company's shareholders. Shares issued to employees are usually subject to a vesting period before they are earned and sold.
Thermon Group Quarterly Liabilities And Stockholders Equity |
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Thermon Group Insider Trades History
Roughly 2.0% of Thermon Group Holdings are currently held by insiders. Unlike Thermon Group's institutional investors, corporate insiders most likely have a limit on the maximum percentage of share ownership. This is done to align insiders' influence against Thermon Group's private investors even though both sides will benefit from rising prices or experience loss when the share price declines. The good rule to have in mind is that the maximum share ownership percentage of the corporate insiders should not surpass 25%. View all of Thermon Group's insider trades
Thermon Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Thermon Group is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Thermon Group Holdings backward and forwards among themselves. Thermon Group's institutional investor refers to the entity that pools money to purchase Thermon Group's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | State Street Corp | 2024-09-30 | 769.2 K | Newsouth Capital Management Inc | 2024-09-30 | 714.4 K | Needham Investment Management, Llc | 2024-09-30 | 650 K | Swedbank Ab | 2024-09-30 | 615 K | Ameriprise Financial Inc | 2024-09-30 | 514.1 K | Wells Fargo & Co | 2024-09-30 | 437.3 K | Goldman Sachs Group Inc | 2024-09-30 | 429.7 K | Hotchkis & Wiley Capital Management Llc | 2024-09-30 | 397.5 K | Charles Schwab Investment Management Inc | 2024-09-30 | 381.4 K | T. Rowe Price Investment Management,inc. | 2024-09-30 | 4.3 M | Vanguard Group Inc | 2024-09-30 | 3.4 M |
Thermon Group Holdings Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Thermon Group insiders, such as employees or executives, is commonly permitted as long as it does not rely on Thermon Group's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Thermon Group insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Thermon Group's latest congressional trading
Congressional trading in companies like Thermon Group Holdings, is subject to rigorous scrutiny to prevent conflicts of interest and insider trading. This is governed by multiple SEC regulations which were established to foster transparency and deter members of Congress from leveraging non-public information for personal gain. This oversight helps maintain public trust and ensures that investments in Thermon Group by those in governmental positions are based on the same information available to the general public.
| 2019-02-08 | Representative Greg Gianforte | Acquired $50K to $100K | Verify |
Thermon Group Outstanding Bonds
Thermon Group issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Thermon Group Holdings uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Thermon bonds can be classified according to their maturity, which is the date when Thermon Group Holdings has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Dana 575 percent Corp BondUS235822AB96 | View | |
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| Morgan Stanley 3591 Corp BondUS61744YAK47 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View |
Thermon Group Corporate Filings
F4 | 13th of December 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 6th of December 2024 An amended filing to the original Schedule 13G | ViewVerify |
8K | 8th of November 2024 An amendment to a previously filed Form 8-K | ViewVerify |
8K | 7th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
Pair Trading with Thermon Group
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Thermon Group position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Thermon Group will appreciate offsetting losses from the drop in the long position's value.Moving together with Thermon Stock
Moving against Thermon Stock
The ability to find closely correlated positions to Thermon Group could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Thermon Group when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Thermon Group - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Thermon Group Holdings to buy it.
The correlation of Thermon Group is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Thermon Group moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Thermon Group Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Thermon Group can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Thermon Stock Analysis
When running Thermon Group's price analysis, check to measure Thermon Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Thermon Group is operating at the current time. Most of Thermon Group's value examination focuses on studying past and present price action to predict the probability of Thermon Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Thermon Group's price. Additionally, you may evaluate how the addition of Thermon Group to your portfolios can decrease your overall portfolio volatility.