TransDigm Group (TDG) continues to assert dominance in the Aerospace Aftermarket. Various investment entities have adjusted their positions in TDG; Landscape Capital Management L.L.C, Thrivent Financial for Lutherans, and EULAV Asset Management have all sold shares. Conversely, several others such as Citigroup Inc., PNC Financial Services, Swiss National Bank, and Primcap Management Co. CA have increased their holdings. Despite being targeted by the Department of Government Efficiency (DOGE), TDG is confident in its strategies. The company has previously outperformed competitors and continues to showcase potential for long-term momentum and growth. Their Q4 earnings exceeded estimates and showed a revenue increase. Despite concerns over a recent share sell-off by director Joel Reiss, TDG declared a special cash dividend of $75.00 per share, while also completing the acquisition of Raptor Scientific. There is caution in the performance of TDG's earnings compared to its shareholder returns, yet many believe in the stock with Goldman Sachs even listing it amongst one of their best hedge fund stock picks.
Transdigm Group TDG News Analytics from Tue, 07 May 2024 07:00:00 GMT to Sat, 23 Nov 2024 10:40:09 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor 2
