Canada Pension Plan Investment Board acquired a new stake in TransUnion (NYSE:TRU - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 26,400 shares of the business services provider's stock, valued at approximately $1,904,000.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Royal Bank of Canada boosted its stake in shares of TransUnion by 85.3% during the first quarter. Royal Bank of Canada now owns 75,761 shares of the business services provider's stock valued at $6,288,000 after purchasing an additional 34,867 shares during the period. Geneos Wealth Management Inc. grew its holdings in shares of TransUnion by 1,318.2% in the first quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider's stock worth $26,000 after purchasing an additional 290 shares during the last quarter. Invesco Ltd. increased its stake in TransUnion by 4.5% in the 2nd quarter. Invesco Ltd. now owns 578,599 shares of the business services provider's stock worth $50,917,000 after buying an additional 24,736 shares during the period. EverSource Wealth Advisors LLC increased its stake in TransUnion by 59.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 528 shares of the business services provider's stock worth $46,000 after buying an additional 197 shares during the period. Finally, The Manufacturers Life Insurance Company lifted its holdings in TransUnion by 2.2% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 576,019 shares of the business services provider's stock valued at $50,690,000 after buying an additional 12,280 shares in the last quarter.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the stock. BMO Capital Markets upped their target price on shares of TransUnion from $85.00 to $98.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 29th. Mizuho decreased their price target on shares of TransUnion from $88.00 to $77.00 and set a "neutral" rating for the company in a research note on Thursday, July 2nd. Wells Fargo & Company boosted their price target on TransUnion from $90.00 to $102.00 and gave the company an "overweight" rating in a report on Wednesday, July 29th. Griffin Securities set a $98.00 price objective on TransUnion in a research note on Wednesday, July 29th. Finally, Weiss Ratings upgraded TransUnion from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, August 13th. Ten research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $94.38.
Get Our Latest Research Report on TransUnion
TransUnion Stock Up 0.0%
Shares of TransUnion stock opened at $85.68 on Monday. The company has a debt-to-equity ratio of 1.07, a current ratio of 1.90 and a quick ratio of 1.90. TransUnion has a 1 year low of $63.37 and a 1 year high of $95.50. The firm's 50-day moving average is $78.18 and its two-hundred day moving average is $73.77. The stock has a market cap of $16.42 billion, a price-to-earnings ratio of 22.61, a PEG ratio of 1.41 and a beta of 1.53.
TransUnion (NYSE:TRU - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The business services provider reported $1.23 EPS for the quarter, beating the consensus estimate of $1.16 by $0.07. TransUnion had a net margin of 15.08% and a return on equity of 16.29%. The business had revenue of $1.31 billion during the quarter, compared to analyst estimates of $1.28 billion. During the same quarter in the previous year, the business posted $1.08 EPS. The company's quarterly revenue was up 14.9% compared to the same quarter last year. TransUnion has set its Q3 2026 guidance at 1.180-1.210 EPS and its FY 2026 guidance at 4.750-4.830 EPS. As a group, research analysts expect that TransUnion will post 4.24 earnings per share for the current fiscal year.
TransUnion Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Investors of record on Thursday, August 20th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $0.50 dividend on an annualized basis and a yield of 0.6%. TransUnion's payout ratio is 13.19%.
Insider Activity at TransUnion
In other TransUnion news, insider Todd C. Skinner sold 950 shares of the company's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $79.96, for a total transaction of $75,962.00. Following the completion of the sale, the insider owned 63,849 shares in the company, valued at $5,105,366.04. This represents a 1.47% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mohamed Abdelsadek sold 23,495 shares of the stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $85.00, for a total value of $1,997,075.00. Following the sale, the executive vice president directly owned 57,182 shares in the company, valued at $4,860,470. This trade represents a 29.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 46,090 shares of company stock valued at $3,710,541 over the last 90 days. Insiders own 0.37% of the company's stock.
TransUnion Profile
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Free Report)
TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.
The company's offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.
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