Heron Bay Capital Management Takes $28.06 Million Position in TransUnion $TRU

Heron Bay Capital Management acquired a new position in shares of TransUnion (NYSE:TRU) in the second quarter, Holdings Channel reports. The fund acquired 389,016 shares of the business services provider’s stock, valued at approximately $28,064,000. TransUnion comprises 2.5% of Heron Bay Capital Management’s investment portfolio, making the stock its 17th biggest position.

Other institutional investors have also made changes to their positions in the company. Royal Bank of Canada raised its position in TransUnion by 85.3% in the first quarter. Royal Bank of Canada now owns 75,761 shares of the business services provider’s stock worth $6,288,000 after purchasing an additional 34,867 shares in the last quarter. Geneos Wealth Management Inc. grew its stake in shares of TransUnion by 1,318.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 312 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 290 shares during the period. Invesco Ltd. grew its stake in shares of TransUnion by 4.5% in the 2nd quarter. Invesco Ltd. now owns 578,599 shares of the business services provider’s stock valued at $50,917,000 after purchasing an additional 24,736 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of TransUnion by 59.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 528 shares of the business services provider’s stock worth $46,000 after buying an additional 197 shares in the last quarter. Finally, The Manufacturers Life Insurance Company raised its holdings in shares of TransUnion by 2.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 576,019 shares of the business services provider’s stock worth $50,690,000 after buying an additional 12,280 shares in the last quarter.

Insider Activity at TransUnion

In related news, CAO Jennifer A. Williams sold 972 shares of the company’s stock in a transaction dated Tuesday, July 7th. The shares were sold at an average price of $80.00, for a total transaction of $77,760.00. Following the transaction, the chief accounting officer owned 5,843 shares in the company, valued at $467,440. This represents a 14.26% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mohamed Abdelsadek sold 23,495 shares of the stock in a transaction dated Tuesday, July 28th. The stock was sold at an average price of $85.00, for a total transaction of $1,997,075.00. Following the sale, the executive vice president directly owned 57,182 shares in the company, valued at approximately $4,860,470. This represents a 29.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 58,773 shares of company stock valued at $4,615,228. 0.37% of the stock is currently owned by company insiders.

TransUnion Stock Performance

NYSE:TRU opened at $84.82 on Friday. The stock has a market capitalization of $16.25 billion, a P/E ratio of 22.38, a price-to-earnings-growth ratio of 1.40 and a beta of 1.53. The company has a current ratio of 1.90, a quick ratio of 1.90 and a debt-to-equity ratio of 1.07. TransUnion has a 1 year low of $63.37 and a 1 year high of $95.50. The firm has a 50 day moving average of $76.29 and a 200-day moving average of $73.31.

TransUnion (NYSE:TRU) last released its quarterly earnings results on Tuesday, July 28th. The business services provider reported $1.23 EPS for the quarter, topping analysts’ consensus estimates of $1.16 by $0.07. TransUnion had a return on equity of 16.29% and a net margin of 15.08%.The business had revenue of $1.31 billion for the quarter, compared to analyst estimates of $1.28 billion. During the same period in the prior year, the company earned $1.08 EPS. TransUnion’s revenue for the quarter was up 14.9% on a year-over-year basis. TransUnion has set its Q3 2026 guidance at 1.180-1.210 EPS and its FY 2026 guidance at 4.750-4.830 EPS. As a group, sell-side analysts anticipate that TransUnion will post 4.24 EPS for the current fiscal year.

TransUnion Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.125 per share. This represents a $0.50 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Thursday, August 20th. TransUnion’s dividend payout ratio is presently 13.19%.

Wall Street Analysts Forecast Growth

Several analysts recently commented on TRU shares. Robert W. Baird boosted their price target on TransUnion from $108.00 to $115.00 and gave the company an “outperform” rating in a research note on Wednesday, July 29th. Wall Street Zen lowered TransUnion from a “buy” rating to a “hold” rating in a research note on Sunday, August 9th. Needham & Company LLC lifted their price objective on TransUnion from $95.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 29th. Weiss Ratings upgraded shares of TransUnion from a “hold (c-)” rating to a “hold (c)” rating in a research note on Thursday, August 13th. Finally, JPMorgan Chase & Co. lowered their target price on shares of TransUnion from $95.00 to $90.00 and set an “overweight” rating on the stock in a report on Wednesday, April 29th. Ten analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, TransUnion presently has a consensus rating of “Moderate Buy” and an average target price of $94.38.

About TransUnion

TransUnion is a global information and insights company that helps businesses and consumers make critical decisions using data and analytics. As one of the three major credit bureaus in the United States, TransUnion collects and aggregates credit information on individuals and businesses, providing credit reports, risk scores and portfolio management tools to financial institutions, lenders, landlords and other decision makers. Its consumer-facing products enable individuals to monitor credit status, detect identity theft and access personalized financial insights.

The company’s offerings span credit risk assessment, identity management, fraud prevention and marketing solutions.