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Boston Partners Makes New $13.21 Million Investment in TAT Technologies Ltd. $TATT
Defense World· 2025-11-29 08:28
Core Insights - Boston Partners acquired a new stake in TAT Technologies Ltd., purchasing 432,248 shares valued at approximately $13.21 million, representing about 3.44% ownership of the company [2] - Several institutional investors significantly increased their stakes in TAT Technologies during the second quarter, with CenterBook Partners LP increasing its holdings by 1,518.8% and JPMorgan Chase & Co. by 470.4% [3] - Analysts have mixed views on TAT Technologies, with price targets ranging from $47.00 to $56.00, and a consensus rating of "Moderate Buy" [4] Institutional Investment - CenterBook Partners LP now owns 148,721 shares worth $4.54 million after acquiring an additional 139,534 shares [3] - JPMorgan Chase & Co. owns 69,618 shares valued at $2.13 million after acquiring 57,412 shares [3] - Institutional investors and hedge funds collectively own 15.13% of TAT Technologies [3] Stock Performance - TAT Technologies shares opened at $38.56, with a market capitalization of $484.56 million, a PE ratio of 31.61, and a beta of 0.85 [5] - The stock has a 52-week low of $21.71 and a high of $45.83, with a fifty-day moving average of $40.85 [5] Financial Results - TAT Technologies reported earnings per share of $0.37 for the last quarter, missing the consensus estimate of $0.40 by $0.03 [6] - The company had a net margin of 8.21% and a return on equity of 10.90%, with quarterly revenue of $46.24 million, slightly below the estimated $46.27 million [6] Company Overview - TAT Technologies provides solutions and services to the aerospace and ground defense industries, operating through four segments: OEM of Heat Transfer Solutions, MRO Services for Heat Transfer Components, MRO Services for Aviation Components, and Overhaul and Coating of Jet Engine Components [7]