Thermon Group Holdings, Inc. (THR)

In the past six months, Thermon's stock has experienced positive movement, reaching new 52-week highs. As of December 31, 2025, the stock price was $37.16 per share, up from $28.50 per share on January 2, 2025, and traded as high as $41.92 on January 13, 2026. Strong earnings reports have impacted the stock, with Q2 2026 earnings of $0.55 EPS, beating analysts' estimates by $0.19, and revenue for the quarter was $131.72 million, a 14.9% increase year-over-year. Analyst ratings have been positive, with Weiss Ratings reaffirming a "buy" rating and Wall Street Zen upgrading Thermon to a "strong-buy" rating. The company's Board of Directors increased its share repurchase authorization back to $50 million, and Thermon repurchased $14 million in common shares during Q4 2025, totaling $20 million for fiscal year 2025.

Demand for Thermon Group Holdings, Inc.'s heat tracing products exhibits seasonality, with the second and third fiscal quarters typically being the largest for related revenue due to preventative maintenance before the winter season. Revenues from large projects are not seasonal and depend on the capital spending environment and project timing. The company also builds inventory for the fall heating season.

Thermon Group Holdings, Inc. (THR) is a global provider of highly engineered industrial process heating solutions, operating in the Industrials sector, specifically in the Electrical Components & Equipment industry. Thermon specializes in delivering comprehensive solutions for flow assurance, process heating, temperature maintenance, freeze protection, and environmental monitoring. Its product portfolio includes electric heating products, heat tracing systems, industrial heating blankets, temporary power solutions, tubing bundles, and advanced industrial heating and filtration solutions under various brands. The company also provides engineering, installation, maintenance, and software services. Thermon has recently launched liquid load bank (LLB) products to address the surging demand for liquid cooling in data centers.

Thermon Group Holdings, Inc. serves a global customer base across the United States, Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific region. The company has a global network and subsidiaries in various countries, including Australia, Canada, China, Germany, France, India, Japan, Korea, Mexico, the Netherlands, the Russian Federation, the United Kingdom, and the United States.

Thermon has established credibility as a reliable provider of high-quality process heating products. The company's registered trademarks and numerous brand names are recognized globally, contributing to excellent brand recognition. The company emphasizes its commitment to quality, environmental care, and employee safety.

Thermon Group Holdings, Inc. has significant institutional ownership, with 392 institutional owners holding approximately 97.5% of the company's shares. Major institutional shareholders include Vanguard Group Inc., BlackRock, Inc., Fmr Llc, Dimensional Fund Advisors Lp, Westwood Holdings Group Inc, GW&K Investment Management, LLC, and T. Rowe Price Investment Management, Inc. Individual insiders own about 2.46% of the company's shares, with Marcus J. George being the largest individual shareholder, owning 42.35% of the company.