Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Thermon Group Holdings, Inc. (NYSE:THR)

Key Points

• Representative Gilbert Ray Cisneros, Jr. purchased shares of Thermon Group Holdings, Inc. (NYSE:THR) valued between $1,001 and $15,000 on September 5th, as disclosed in a filing on October 10th.
• Thermon Group reported a quarterly earnings miss, with EPS of $0.36 compared to the consensus estimate of $0.37, and a revenue drop of 5.4% year-over-year.
• A number of institutional investors significantly increased their stakes in Thermon Group, with 99.76% of the stock currently owned by institutional investors.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Thermon Group Holdings, Inc. (NYSE:THR). In a filing disclosed on October 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Thermon Group stock on September 5th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 10/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 10/1/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 9/30/2025.
• Sold $15,001 - $50,000 in shares of Fortive NYSE: FTV on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of APi Group NYSE: APG on 9/30/2025.
• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of PTC NASDAQ: PTC on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 9/30/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi Heavy Industries OTCMKTS: MHVYF on 9/30/2025.

Thermon Group Stock Performance

Shares of NYSE THR traded up $0.68 during mid-day trading on Tuesday, hitting $26.42. The company had a trading volume of 196,674 shares, compared to its average volume of 194,899. Thermon Group Holdings, Inc. has a 12 month low of $23.05 and a 12 month high of $33.25. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.43 and a quick ratio of 1.49. The firm has a market cap of $873.48 million, a P/E ratio of 16.72 and a beta of 1.09. The business's 50-day simple moving average is $26.20 and its 200-day simple moving average is $26.91.

Thermon Group (NYSE:THR - Get Free Report) last announced its quarterly earnings data on Thursday, August 7th. The technology company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.37 by ($0.01). Thermon Group had a return on equity of 12.65% and a net margin of 10.89%.The firm had revenue of $108.90 million during the quarter, compared to the consensus estimate of $122.53 million. During the same quarter in the prior year, the business posted $0.38 EPS. Thermon Group's revenue was down 5.4% compared to the same quarter last year. Thermon Group has set its FY 2026 guidance at 1.770-1.990 EPS. As a group, analysts predict that Thermon Group Holdings, Inc. will post 1.88 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research firms have weighed in on THR. Weiss Ratings reiterated a "hold (c+)" rating on shares of Thermon Group in a research note on Wednesday, October 8th. Wall Street Zen cut shares of Thermon Group from a "strong-buy" rating to a "hold" rating in a research note on Saturday, August 9th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Thermon Group presently has an average rating of "Hold".

Institutional Investors Weigh In On Thermon Group

A number of large investors have recently bought and sold shares of the business. CWM LLC raised its position in Thermon Group by 68.9% in the 1st quarter. CWM LLC now owns 922 shares of the technology company's stock valued at $26,000 after purchasing an additional 376 shares during the last quarter. GAMMA Investing LLC increased its stake in shares of Thermon Group by 3,912.0% in the first quarter. GAMMA Investing LLC now owns 1,003 shares of the technology company's stock valued at $28,000 after buying an additional 978 shares in the last quarter. Canada Pension Plan Investment Board bought a new position in shares of Thermon Group in the second quarter valued at about $31,000. State of Wyoming acquired a new position in Thermon Group during the 1st quarter worth about $59,000. Finally, BNP Paribas Financial Markets lifted its position in Thermon Group by 62.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 3,236 shares of the technology company's stock worth $91,000 after buying an additional 1,245 shares in the last quarter. 99.76% of the stock is currently owned by institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Thermon Group Company Profile

Thermon Group Holdings, Inc provides engineered industrial process heating solutions for process industries in the United States and Latin America, Canada, Europe, the Middle East, Africa, and the Asia-Pacific. It offers heat tracing products, such as electric heat tracing cables, steam heating solutions, controls, monitoring and software, instrumentation, project services, industrial heating and filtration solutions, temporary electrical power distribution and lighting, and other products and services.

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