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

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Thermon Group Holdings, Inc. (NYSE:THR). In a filing disclosed on March 09th, the Representative disclosed that they had sold between $1,001 and $15,000 in Thermon Group stock on March 2nd. 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 Federal Signal (NYSE:FSS) on 3/2/2026.
  • Purchased $1,001 – $15,000 in shares of Taiwan Semiconductor Manufacturing (NYSE:TSM) on 2/26/2026.
  • Sold $1,001 – $15,000 in shares of Uber Technologies (NYSE:UBER) on 2/24/2026.
  • Sold $1,001 – $15,000 in shares of Robinhood Markets (NASDAQ:HOOD) on 2/24/2026.
  • Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 2/24/2026.
  • Sold $1,001 – $15,000 in shares of Oracle (NYSE:ORCL) on 2/24/2026.
  • Purchased $1,001 – $15,000 in shares of Champion Homes (NYSE:SKY) on 2/23/2026.
  • Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 2/23/2026.
  • Sold $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/20/2026.
  • Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 2/18/2026.

Thermon Group Stock Down 0.6%

Shares of Thermon Group stock traded down $0.30 during trading on Thursday, reaching $46.64. The stock had a trading volume of 195,118 shares, compared to its average volume of 557,197. The company has a current ratio of 2.90, a quick ratio of 1.84 and a debt-to-equity ratio of 0.25. The company has a market capitalization of $1.53 billion, a price-to-earnings ratio of 26.51 and a beta of 0.71. The stock has a fifty day moving average price of $45.70 and a two-hundred day moving average price of $36.15. Thermon Group Holdings, Inc. has a 52 week low of $23.05 and a 52 week high of $58.56.

Thermon Group (NYSE:THRGet Free Report) last posted its quarterly earnings data on Thursday, February 5th. The technology company reported $0.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.59 by $0.07. The business had revenue of $147.31 million during the quarter, compared to the consensus estimate of $138.35 million. Thermon Group had a return on equity of 13.82% and a net margin of 11.26%.Thermon Group’s quarterly revenue was up 9.6% on a year-over-year basis. During the same period last year, the company earned $0.56 earnings per share. Thermon Group has set its FY 2026 guidance at 1.640-1.780 EPS. Sell-side analysts predict that Thermon Group Holdings, Inc. will post 1.88 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of THR. Wedge Capital Management L L P NC lifted its stake in shares of Thermon Group by 182.6% in the third quarter. Wedge Capital Management L L P NC now owns 165,479 shares of the technology company’s stock worth $4,422,000 after acquiring an additional 106,925 shares during the period. First Eagle Investment Management LLC raised its holdings in Thermon Group by 12.3% during the 3rd quarter. First Eagle Investment Management LLC now owns 391,978 shares of the technology company’s stock worth $10,474,000 after purchasing an additional 42,867 shares during the last quarter. Heartland Advisors Inc. lifted its position in shares of Thermon Group by 10.7% in the 3rd quarter. Heartland Advisors Inc. now owns 256,044 shares of the technology company’s stock worth $6,841,000 after purchasing an additional 24,732 shares during the period. Assenagon Asset Management S.A. boosted its stake in shares of Thermon Group by 103.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 255,694 shares of the technology company’s stock valued at $6,832,000 after purchasing an additional 129,791 shares during the last quarter. Finally, Swedbank AB increased its position in shares of Thermon Group by 16.1% during the third quarter. Swedbank AB now owns 758,000 shares of the technology company’s stock worth $20,254,000 after buying an additional 105,000 shares during the period. 99.76% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on THR shares. CJS Securities downgraded shares of Thermon Group from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 25th. William Blair lowered Thermon Group from an “outperform” rating to a “hold” rating in a report on Wednesday, February 25th. Wall Street Zen lowered shares of Thermon Group from a “strong-buy” rating to a “buy” rating in a research note on Sunday, March 1st. Craig Hallum cut Thermon Group from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 2nd. Finally, Roth Mkm cut shares of Thermon Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Thermon Group currently has an average rating of “Moderate Buy” and a consensus target price of $57.00.

Check Out Our Latest Report on Thermon Group

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.

About Thermon Group

(Get Free Report)

Thermon Group, Inc (NYSE: THR) is a global provider of engineered thermal solutions designed to maintain process temperatures, prevent freezing and improve energy efficiency across industrial, commercial and power generation applications. The company specializes in the design, manufacture, installation and service of heat tracing systems, insulation and protective coatings for pipelines, tanks, vessels and other critical equipment.

Thermon’s core offerings include electric heat tracing, steam tracing, custom-engineered control panels, monitoring systems and advanced sensor technologies.

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