Huntleigh Advisors Inc. Purchases Shares of 118,835 Acuren Corp $TIC

Huntleigh Advisors Inc. acquired a new stake in shares of Acuren Corp (NYSEAMERICAN:TIC) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 118,835 shares of the company’s stock, valued at approximately $1,582,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Swedbank AB acquired a new stake in Acuren during the third quarter valued at approximately $43,923,000. Geode Capital Management LLC bought a new position in shares of Acuren in the second quarter valued at $25,003,000. Bernzott Capital Advisors acquired a new stake in shares of Acuren during the 3rd quarter valued at $9,879,000. Goldman Sachs Group Inc. bought a new stake in shares of Acuren during the 1st quarter worth $4,429,000. Finally, Schwartz Investment Counsel Inc. acquired a new position in shares of Acuren in the 3rd quarter worth $3,513,000.

Analyst Upgrades and Downgrades

TIC has been the subject of several analyst reports. UBS Group reduced their target price on Acuren from $15.00 to $11.50 and set a “neutral” rating for the company in a report on Friday, November 14th. JPMorgan Chase & Co. started coverage on shares of Acuren in a research note on Friday, January 9th. They set an “overweight” rating and a $16.00 price objective for the company. Jefferies Financial Group reissued a “buy” rating and issued a $15.00 target price on shares of Acuren in a research report on Friday, November 14th. Baird R W upgraded shares of Acuren to a “hold” rating in a report on Thursday, October 9th. Finally, Zacks Research raised shares of Acuren to a “hold” rating in a research note on Tuesday, December 16th. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $14.38.

Acuren Stock Down 3.0%

NYSEAMERICAN:TIC opened at $11.10 on Wednesday. Acuren Corp has a fifty-two week low of $8.76 and a fifty-two week high of $14.94. The stock’s 50-day moving average is $10.21 and its two-hundred day moving average is $11.22.

About Acuren

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.