TAT Technologies Ltd. $TATT Shares Bought by Calamos Advisors LLC

Key Points

• Calamos Advisors LLC increased its position in TAT Technologies by 288.9% in Q4 to 94,695 shares (about 0.75% of the company), raising its holding to roughly $4.23 million.
• Analysts are largely bullish—multiple firms initiated or raised coverage and price targets (B. Riley, Stifel, Benchmark, Loop Capital), leaving an average MarketBeat rating of "Buy" and an average price target of $57.29.
• TAT missed its most recent quarterly estimates, reporting $0.36 EPS vs. $0.39 expected and $46.53M in revenue vs. $48.04M, while the stock trades near $35.96—well below analyst targets and its one‑year high of $64.50.

Calamos Advisors LLC raised its position in TAT Technologies Ltd. (NASDAQ:TATT - Free Report) by 288.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,695 shares of the aerospace company's stock after acquiring an additional 70,345 shares during the quarter. Calamos Advisors LLC owned approximately 0.75% of TAT Technologies worth $4,229,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. PNC Financial Services Group Inc. acquired a new position in TAT Technologies in the 3rd quarter valued at about $53,000. Quantbot Technologies LP acquired a new position in TAT Technologies in the 3rd quarter valued at about $121,000. GWN Securities Inc. acquired a new position in TAT Technologies in the 3rd quarter valued at about $202,000. Axxcess Wealth Management LLC acquired a new position in TAT Technologies in the 3rd quarter valued at about $225,000. Finally, Osaic Holdings Inc. grew its position in TAT Technologies by 470.9% in the 2nd quarter. Osaic Holdings Inc. now owns 5,424 shares of the aerospace company's stock valued at $166,000 after acquiring an additional 4,474 shares in the last quarter. 15.13% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have weighed in on TATT shares. B. Riley Financial initiated coverage on TAT Technologies in a research report on Wednesday, April 8th. They issued a "buy" rating and a $61.00 target price for the company. Stifel Nicolaus boosted their price objective on TAT Technologies from $47.00 to $60.00 and gave the stock a "buy" rating in a research report on Friday, March 20th. Weiss Ratings raised TAT Technologies from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday. Loop Capital set a $53.00 price objective on TAT Technologies in a research report on Tuesday, December 30th. Finally, Benchmark boosted their price objective on TAT Technologies from $58.00 to $66.00 and gave the stock a "buy" rating in a research report on Thursday, March 12th. Two research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, TAT Technologies has an average rating of "Buy" and an average price target of $57.29.

TAT Technologies Stock Performance

Shares of TAT Technologies stock opened at $35.96 on Monday. TAT Technologies Ltd. has a one year low of $24.56 and a one year high of $64.50. The company has a market cap of $466.76 million, a PE ratio of 26.25 and a beta of 1.11. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.67 and a current ratio of 4.89. The business has a 50-day simple moving average of $48.15 and a 200-day simple moving average of $45.58.

TAT Technologies (NASDAQ:TATT - Get Free Report) last announced its quarterly earnings data on Wednesday, March 18th. The aerospace company reported $0.36 EPS for the quarter, missing analysts' consensus estimates of $0.39 by ($0.03). TAT Technologies had a return on equity of 10.69% and a net margin of 9.45%.The company had revenue of $46.53 million for the quarter, compared to analyst estimates of $48.04 million. On average, equities research analysts forecast that TAT Technologies Ltd. will post 1.61 EPS for the current fiscal year.

About TAT Technologies

TAT Technologies Ltd. is a global provider of environmental control and thermal management solutions for the aerospace industry. The company specializes in the design, manufacturing and support of aircraft environmental control systems (ECS), heat exchangers and related components. Its product portfolio serves commercial and military airframers, engine manufacturers and airlines, offering critical systems that regulate cabin pressure, temperature and ventilation on fixed-wing and rotary aircraft.

Key offerings include air cycle machines, preconditioned air units, steam/water separators and specialty heat exchangers engineered to meet stringent aerospace standards.

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