58,036 Shares in Acuren Corp $TIC Bought by Linden Thomas Advisory Services LLC

Linden Thomas Advisory Services LLC bought a new position in shares of Acuren Corp (NYSEAMERICAN:TIC) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 58,036 shares of the company’s stock, valued at approximately $772,000.

Other hedge funds have also made changes to their positions in the company. Granite FO LLC acquired a new position in shares of Acuren during the 3rd quarter worth $27,000. Nisa Investment Advisors LLC increased its holdings in Acuren by 123.5% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,277 shares of the company’s stock valued at $30,000 after acquiring an additional 1,258 shares in the last quarter. Blue Trust Inc. purchased a new position in Acuren during the 3rd quarter valued at about $38,000. Amalgamated Bank acquired a new position in Acuren during the second quarter worth about $39,000. Finally, GAMMA Investing LLC purchased a new stake in shares of Acuren in the third quarter valued at about $61,000.

Analysts Set New Price Targets

TIC has been the topic of several research reports. UBS Group lowered their price target on shares of Acuren from $15.00 to $11.50 and set a “neutral” rating on the stock in a research report on Friday, November 14th. Zacks Research upgraded Acuren to a “hold” rating in a report on Tuesday, December 16th. JPMorgan Chase & Co. started coverage on Acuren in a research report on Friday, January 9th. They set an “overweight” rating and a $16.00 price target for the company. Finally, Jefferies Financial Group restated a “buy” rating and issued a $15.00 price objective on shares of Acuren in a research report on Friday, November 14th. Two investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $14.38.

Acuren Price Performance

Shares of TIC opened at $9.84 on Wednesday. Acuren Corp has a 1 year low of $8.76 and a 1 year high of $14.94. The company’s 50 day simple moving average is $10.41 and its 200 day simple moving average is $11.07.

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.