Rep. Gilbert Ray Cisneros, Jr. Buys Thermon Group Holdings, Inc. (NYSE:THR) Stock

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 2.6%

Shares of THR stock opened at $26.42 on Wednesday. The company’s 50-day moving average price is $26.16 and its 200-day moving average price is $26.91. The company has a current ratio of 2.43, a quick ratio of 1.49 and a debt-to-equity ratio of 0.23. The stock has a market cap of $873.48 million, a price-to-earnings ratio of 16.72 and a beta of 1.09. Thermon Group Holdings, Inc. has a twelve month low of $23.05 and a twelve month high of $33.25.

Thermon Group (NYSE:THR) last announced its quarterly 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 for the quarter, compared to analyst estimates of $122.53 million. Thermon Group had a net margin of 10.89% and a return on equity of 12.65%. The company’s revenue was down 5.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.38 EPS. Thermon Group has set its FY 2026 guidance at 1.770-1.990 EPS. As a group, equities analysts predict that Thermon Group Holdings, Inc. will post 1.88 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Weiss Ratings reissued a “hold (c+)” rating on shares of Thermon Group in a research report on Wednesday, October 8th. Wall Street Zen cut shares of Thermon Group from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 9th. One research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company has an average rating of “Hold”.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Jump Financial LLC acquired a new position in Thermon Group in the first quarter valued at about $315,000. Cerity Partners LLC acquired a new position in Thermon Group in the first quarter valued at about $446,000. Rhumbline Advisers increased its stake in Thermon Group by 3.7% during the first quarter. Rhumbline Advisers now owns 48,192 shares of the technology company’s stock worth $1,342,000 after purchasing an additional 1,709 shares during the period. SG Americas Securities LLC increased its stake in Thermon Group by 221.6% during the first quarter. SG Americas Securities LLC now owns 20,346 shares of the technology company’s stock worth $567,000 after purchasing an additional 14,019 shares during the period. Finally, GSA Capital Partners LLP purchased a new stake in Thermon Group during the first quarter worth about $771,000. Institutional investors and hedge funds own 99.76% of the company’s stock.

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.