Universal Beteiligungs und Servicegesellschaft mbH Invests $2.25 Million in TIC Solutions, Inc $TIC

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH opened a new position in TIC Solutions in Q4, buying 223,049 shares valued at about $2.25 million.
• Other institutions also moved: JPMorgan increased its stake by 328.9% to 209,938 shares (adding 160,992 shares), and Tudor, BlueCrest, CIBC and others initiated or boosted positions.
• Analyst sentiment is mixed-to-negative — MarketBeat's consensus rates TIC as Reduce with a $11 consensus price target, while several firms (Zacks, Weiss, JPMorgan, UBS) have recently downgraded or cut targets and a few (e.g., Roth Mkm) still rate it a buy.

Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in shares of TIC Solutions, Inc (NYSE:TIC - Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 223,049 shares of the company's stock, valued at approximately $2,246,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. JPMorgan Chase & Co. lifted its holdings in shares of TIC Solutions by 328.9% during the 3rd quarter. JPMorgan Chase & Co. now owns 209,938 shares of the company's stock worth $2,794,000 after acquiring an additional 160,992 shares during the period. Tudor Investment Corp ET AL bought a new stake in shares of TIC Solutions during the 3rd quarter worth approximately $1,832,000. FNY Investment Advisers LLC bought a new stake in shares of TIC Solutions during the 3rd quarter worth approximately $33,000. BlueCrest Capital Management Ltd bought a new stake in shares of TIC Solutions during the 3rd quarter worth approximately $666,000. Finally, CIBC Bancorp USA Inc. bought a new stake in shares of TIC Solutions during the 3rd quarter worth approximately $242,000.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on TIC shares. Zacks Research downgraded shares of TIC Solutions from a "hold" rating to a "strong sell" rating in a report on Thursday, March 12th. Weiss Ratings initiated coverage on shares of TIC Solutions in a research note on Thursday, March 12th. They issued a "sell (d-)" rating for the company. JPMorgan Chase & Co. restated an "underweight" rating and issued a $7.00 target price (down from $8.00) on shares of TIC Solutions in a research report on Thursday, March 26th. Roth Mkm began coverage on shares of TIC Solutions in a research note on Tuesday, March 17th. They set a "buy" rating and a $10.00 target price on the stock. Finally, UBS Group lowered their price target on shares of TIC Solutions from $11.50 to $8.00 and set a "neutral" rating for the company in a report on Tuesday, March 17th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, TIC Solutions presently has a consensus rating of "Reduce" and a consensus price target of $11.00.

TIC Solutions Stock Up 2.6%

Shares of NYSE:TIC opened at $9.38 on Friday. The company has a fifty day moving average of $8.14 and a 200-day moving average of $9.75. The company has a market capitalization of $2.07 billion, a PE ratio of -17.37 and a beta of 3.21. The company has a debt-to-equity ratio of 0.73, a quick ratio of 3.20 and a current ratio of 3.20. TIC Solutions, Inc has a 52-week low of $6.36 and a 52-week high of $14.94.

About TIC Solutions

Acuren Group Inc NYSEAMERICAN: TIC is a leading provider of non‐destructive testing (NDT), inspection, engineering and consulting services to the energy, petrochemical, manufacturing and infrastructure sectors. The company employs a range of advanced testing techniques—such as ultrasonic, radiographic, magnetic particle, liquid penetrant, eddy current and acoustic emission—to evaluate the integrity of pressure vessels, pipelines, storage tanks and other critical assets. By combining field inspections with laboratory analysis, Acuren helps clients identify defects, prevent equipment failures and meet regulatory requirements.

In addition to core NDT capabilities, Acuren offers specialty engineering and consulting services including fitness‐for‐service assessments, corrosion under insulation surveys, mechanical integrity programs, failure analysis and field machining.

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