Hennion & Walsh Asset Management Inc. Purchases 1,525 Shares of Gentherm Incorporated (NASDAQ:THRM)

Hennion & Walsh Asset Management Inc. boosted its position in Gentherm Incorporated (NASDAQ:THRM) by 34.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,994 shares of the auto parts company’s stock after purchasing an additional 1,525 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Gentherm were worth $239,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently bought and sold shares of the company. Moody National Bank Trust Division increased its holdings in shares of Gentherm by 48.3% in the fourth quarter. Moody National Bank Trust Division now owns 17,791 shares of the auto parts company’s stock worth $710,000 after purchasing an additional 5,795 shares during the period. JPMorgan Chase & Co. grew its position in Gentherm by 46.0% during the third quarter. JPMorgan Chase & Co. now owns 67,831 shares of the auto parts company’s stock worth $3,158,000 after buying an additional 21,376 shares in the last quarter. Disciplined Growth Investors Inc. MN increased its stake in Gentherm by 2.0% in the 3rd quarter. Disciplined Growth Investors Inc. MN now owns 1,169,671 shares of the auto parts company’s stock worth $54,448,000 after acquiring an additional 23,051 shares during the last quarter. Barclays PLC raised its holdings in shares of Gentherm by 234.8% in the 3rd quarter. Barclays PLC now owns 61,466 shares of the auto parts company’s stock valued at $2,861,000 after acquiring an additional 43,108 shares in the last quarter. Finally, Orion Portfolio Solutions LLC boosted its position in shares of Gentherm by 32.1% during the 3rd quarter. Orion Portfolio Solutions LLC now owns 16,626 shares of the auto parts company’s stock valued at $774,000 after acquiring an additional 4,041 shares during the last quarter. 97.13% of the stock is owned by institutional investors.

Gentherm Stock Up 1.5 %

Shares of NASDAQ THRM opened at $40.75 on Wednesday. The stock has a market capitalization of $1.26 billion, a P/E ratio of 19.04 and a beta of 1.42. The company has a debt-to-equity ratio of 0.34, a current ratio of 2.02 and a quick ratio of 1.38. Gentherm Incorporated has a one year low of $37.94 and a one year high of $62.93. The firm’s 50 day simple moving average is $40.87 and its two-hundred day simple moving average is $45.02.

Gentherm (NASDAQ:THRM) last issued its earnings results on Wednesday, October 30th. The auto parts company reported $0.75 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.09. Gentherm had a net margin of 4.61% and a return on equity of 14.36%. The company had revenue of $371.50 million for the quarter, compared to analysts’ expectations of $372.89 million. During the same quarter last year, the company earned $0.64 EPS. The firm’s revenue was up 1.4% compared to the same quarter last year. As a group, analysts expect that Gentherm Incorporated will post 2.71 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on THRM shares. Robert W. Baird decreased their price objective on shares of Gentherm from $54.00 to $50.00 and set a “neutral” rating on the stock in a research report on Thursday, October 31st. Craig Hallum decreased their price target on shares of Gentherm from $85.00 to $65.00 and set a “buy” rating on the stock in a report on Thursday, October 31st. StockNews.com raised shares of Gentherm from a “buy” rating to a “strong-buy” rating in a report on Thursday, January 16th. Finally, JPMorgan Chase & Co. raised Gentherm from an “underweight” rating to a “neutral” rating and set a $56.00 target price on the stock in a research note on Monday, October 21st.

Insider Activity

In other news, SVP Thomas Stocker sold 1,295 shares of the firm’s stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $42.98, for a total value of $55,659.10. Following the transaction, the senior vice president now owns 13,413 shares in the company, valued at approximately $576,490.74. This trade represents a 8.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Hui (Helen) Xu sold 2,500 shares of the company’s stock in a transaction on Thursday, December 5th. The shares were sold at an average price of $42.00, for a total transaction of $105,000.00. Following the sale, the senior vice president now owns 18,947 shares of the company’s stock, valued at $795,774. This represents a 11.66 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 1.91% of the stock is currently owned by corporate insiders.

Gentherm Profile

Gentherm Incorporated designs, develops, manufactures, and sells thermal management and pneumatic comfort technologies in the United States and internationally. The company operates in two segments, Automotive and Medical. The Automotive segment offers climate comfort systems, which include seat heaters, blowers, and thermoelectric devices for variable temperature climate control seats and steering wheel heaters that are designed to provide thermal comfort to automobile passengers; integrated electronic components, such as electronic control units; and other climate comfort systems, including neck and shoulder conditioners and climate control system products for door panels, armrests, cupholders, and storage bins.