On December 31, 2024, VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. (Trades, Portfolio) executed a significant transaction involving Thermon Group Holdings Inc (THR, Financial). The firm reduced its holdings by 261,353 shares, bringing its total position to 1,713,802 shares. This reduction represents a 13.23% decrease in the firm's stake in Thermon Group Holdings. The transaction was completed at a trade price of $28.77 per share. As of the latest data, the current stock price of Thermon Group Holdings stands at $29.98, reflecting a gain of 4.21% since the transaction.
About VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. (Trades, Portfolio)
Headquartered in Amsterdam, VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. (Trades, Portfolio) is a prominent investment firm with a strong focus on the technology and financial services sectors. The firm's investment philosophy emphasizes long-term value creation, and its portfolio includes top holdings such as Meta Platforms Inc (META, Financial), Alphabet Inc (GOOGL, Financial), and Microsoft Corp (MSFT, Financial). With an equity value of $9.93 billion, the firm is a significant player in the investment landscape, leveraging its expertise to manage a diverse range of assets.
Overview of Thermon Group Holdings Inc
Thermon Group Holdings Inc is a U.S.-based company specializing in engineered thermal solutions for process industries. The company's product offerings include electric heat tracing cables, steam tracing components, and tubing bundles, among others. Thermon Group Holdings serves a diverse clientele, including large engineering firms, oil and gas companies, and electrical component distributors. The company operates across various regions, including the United States, Latin America, Canada, EMEA, and Asia-Pacific, providing comprehensive solutions and services to its global customer base.
Transaction Analysis and Impact
The recent transaction by VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. (Trades, Portfolio) resulted in a 13.23% reduction in its position in Thermon Group Holdings Inc. This adjustment impacted the firm's portfolio by -0.08%. The trade was executed at a price of $28.77 per share, and with the current stock price at $29.98, the firm has realized a gain of 4.21% since the transaction. The current position of Thermon Group Holdings in the firm's portfolio is 0.5%, while the stock represents 5.10% of the firm's total holdings.
Financial Metrics and Valuation
Thermon Group Holdings Inc has a market capitalization of $1.01 billion and a price-to-earnings (PE) ratio of 22.04. The stock is considered "Fairly Valued" with a GF Value of $28.27. The company's GF Score is 77/100, indicating a likely average performance. The stock's GF Value Rank is 7/10, reflecting its alignment with its intrinsic value.
Performance and Growth Indicators
Thermon Group Holdings has demonstrated robust growth, with a 3-year revenue growth rate of 20.60% and an EBITDA growth rate of 45.50%. The company's Profitability Rank is 8/10, and its balance sheet is ranked 7/10, indicating strong financial health. Despite a Growth Rank of 2/10, the company has shown significant earnings growth of 76.70% over the past three years.
Other Notable Investors
In addition to VAN LANSCHOT KEMPEN INVESTMENT MANAGEMENT N.V. (Trades, Portfolio), other significant investors in Thermon Group Holdings Inc include Hotchkis & Wiley Capital Management LLC, which is the largest holder. Other firms holding shares in the company are First Eagle Investment (Trades, Portfolio) and Jefferies Group (Trades, Portfolio), highlighting the stock's appeal among institutional investors.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
