Morningstar Investment Management LLC increased its holdings in shares of Gentherm Inc (NASDAQ:THRM – Free Report) by 141.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,933 shares of the auto parts company’s stock after acquiring an additional 12,859 shares during the period. Morningstar Investment Management LLC owned approximately 0.07% of Gentherm worth $609,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the business. Arrowstreet Capital Limited Partnership boosted its position in shares of Gentherm by 1.8% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 554,641 shares of the auto parts company’s stock worth $15,408,000 after purchasing an additional 10,058 shares in the last quarter. Inceptionr LLC purchased a new position in shares of Gentherm in the 1st quarter valued at about $236,000. Sei Investments Co. lifted its stake in shares of Gentherm by 33.6% in the first quarter. Sei Investments Co. now owns 106,580 shares of the auto parts company’s stock valued at $2,961,000 after purchasing an additional 26,784 shares during the period. Dimensional Fund Advisors LP boosted its holdings in Gentherm by 7.0% during the first quarter. Dimensional Fund Advisors LP now owns 1,474,493 shares of the auto parts company’s stock worth $40,960,000 after buying an additional 96,280 shares in the last quarter. Finally, Bessemer Group Inc. boosted its holdings in Gentherm by 50.5% during the first quarter. Bessemer Group Inc. now owns 129,695 shares of the auto parts company’s stock worth $3,603,000 after buying an additional 43,500 shares in the last quarter. Hedge funds and other institutional investors own 97.13% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of brokerages have issued reports on THRM. JPMorgan Chase & Co. increased their target price on shares of Gentherm from $41.00 to $48.00 and gave the company a “neutral” rating in a report on Friday. Wall Street Zen raised Gentherm from a “buy” rating to a “strong-buy” rating in a research note on Saturday, April 25th. Robert W. Baird upped their price target on Gentherm from $33.00 to $34.00 and gave the stock a “neutral” rating in a report on Friday, April 24th. Weiss Ratings raised Gentherm from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, May 8th. Finally, Stifel Nicolaus lifted their price objective on Gentherm from $44.00 to $59.00 and gave the stock a “buy” rating in a report on Friday. Two equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Gentherm has a consensus rating of “Hold” and a consensus target price of $43.60.
Trending Headlines about Gentherm
Here are the key news stories impacting Gentherm this week:
- Positive Sentiment: Gentherm reported Q2 EPS of $0.75, ahead of consensus estimates, and revenue of $404.94 million, also above expectations, which signals stronger-than-expected operational performance.
- Positive Sentiment: The company raised its 2026 revenue outlook to $1.6 billion-$1.7 billion, reinforcing confidence that demand and execution are improving.
- Positive Sentiment: Gentherm announced a new $400 million stock buyback program, a shareholder-friendly move that can support the stock by reducing the share count and signaling management believes the shares are undervalued. Article: Gentherm Reports 2026 Second Quarter Results and Announces a New Increased Stock Repurchase Authorization
- Neutral Sentiment: JPMorgan raised its price target on Gentherm to $48 from $41 but kept a neutral rating, suggesting improved valuation expectations without a fully bullish call.
- Neutral Sentiment: Reports of increased short-interest activity were not meaningful because the reported short interest was effectively zero, so this does not appear to be a real trading driver.
Gentherm Stock Performance
Shares of THRM opened at $42.69 on Monday. Gentherm Inc has a 12-month low of $27.00 and a 12-month high of $48.35. The stock has a market cap of $1.31 billion, a P/E ratio of 49.07 and a beta of 1.38. The company has a current ratio of 2.06, a quick ratio of 1.49 and a debt-to-equity ratio of 0.38. The company has a 50-day moving average of $35.44 and a two-hundred day moving average of $32.92.
Gentherm (NASDAQ:THRM – Get Free Report) last released its quarterly earnings results on Thursday, July 23rd. The auto parts company reported $0.75 EPS for the quarter, beating the consensus estimate of $0.56 by $0.19. Gentherm had a net margin of 1.68% and a return on equity of 12.06%. The business had revenue of $404.94 million for the quarter, compared to analyst estimates of $382.90 million. During the same period in the prior year, the business earned $0.54 earnings per share. The company’s quarterly revenue was up 11.0% on a year-over-year basis. As a group, research analysts predict that Gentherm Inc will post 2.75 EPS for the current fiscal year.
Gentherm announced that its board has approved a share repurchase program on Thursday, July 23rd that authorizes the company to buyback $400.00 million in shares. This buyback authorization authorizes the auto parts company to buy up to 36.2% of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued.
About Gentherm
Gentherm Incorporated (NASDAQ: THRM) is a global developer and supplier of advanced thermal management technologies for automotive, specialty vehicle, medical, consumer and industrial markets. The company’s core focus lies in delivering integrated heating and cooling systems designed to enhance energy efficiency, comfort and safety across a wide range of applications. Gentherm’s product portfolio includes seat thermal systems, heated and ventilated seating surfaces, steering wheel heaters, battery thermal management solutions, and climate systems for electric vehicles.
In the automotive sector, Gentherm partners with leading original equipment manufacturers to engineer and manufacture high-performance thermal solutions that meet stringent industry demands for reduced weight, lower energy consumption and improved passenger comfort.
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