Thermon Group (NYSE:THR) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

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 22nd.
• Thermon Group recently reported Q2 earnings of $0.36 per share, missing estimates, with quarterly revenue of $108.90 million, a drop 5.4% year-over-year.
• The stock price of Thermon Group increased by 2.0% to $26.27, amid recent institutional interest, with 99.76% of shares 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 22nd. 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 Trading Up 2.0%

Shares of THR traded up $0.53 during trading hours on Tuesday, hitting $26.27. The stock had a trading volume of 43,247 shares, compared to its average volume of 194,090. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.49 and a current ratio of 2.43. The firm has a market cap of $868.32 million, a P/E ratio of 16.62 and a beta of 1.09. The company's fifty day simple moving average is $26.20 and its 200 day simple moving average is $26.91. Thermon Group Holdings, Inc. has a 12-month low of $23.05 and a 12-month high of $33.25.

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

Analyst Ratings Changes

Several analysts recently issued reports on the company. Wall Street Zen downgraded Thermon Group from a "strong-buy" rating to a "hold" rating in a report on Saturday, August 9th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Thermon Group in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Thermon Group presently has a consensus rating of "Hold".

Institutional Trading of Thermon Group

Several large investors have recently modified their holdings of THR. GAMMA Investing LLC grew its stake in shares of Thermon Group by 3,912.0% during the first quarter. GAMMA Investing LLC now owns 1,003 shares of the technology company's stock valued at $28,000 after acquiring an additional 978 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Thermon Group by 3.7% during the first quarter. Rhumbline Advisers now owns 48,192 shares of the technology company's stock valued at $1,342,000 after acquiring an additional 1,709 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Thermon Group by 221.6% during the first quarter. SG Americas Securities LLC now owns 20,346 shares of the technology company's stock valued at $567,000 after acquiring an additional 14,019 shares in the last quarter. Principal Financial Group Inc. grew its stake in shares of Thermon Group by 3.7% during the first quarter. Principal Financial Group Inc. now owns 17,990 shares of the technology company's stock valued at $501,000 after acquiring an additional 639 shares in the last quarter. Finally, Lightrock Netherlands B.V. grew its stake in shares of Thermon Group by 42.8% during the first quarter. Lightrock Netherlands B.V. now owns 246,725 shares of the technology company's stock valued at $6,883,000 after acquiring an additional 73,948 shares in the last quarter. 99.76% of the stock is currently owned by institutional investors and hedge funds.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.