TransDigm Group Incorporated (NYSE:TDG) has been a focal point of several financiers recently, with various entities taking hold of the organization's shares.
Mufg Securities Americas Inc. acquired 830 shares, while
Numerai GP LLC's stake reached $1.04 million. Similarly,
Lighthouse Investment Partners and
Nearwater Capital Markets Ltd added TDG's share to their portfolios. However, not all have increased their stakes;
Ameriprise Financial Inc. and
Bank of America Corp DE, among others, have reduced their holdings. The aerospace and defense product manufacturer, TDG, also announced a
$2.65 billion senior subordinated notes offering. Despite mixed Q2 sales results, TDG received positive reactions for its
strong profitability and
impressive earnings. The company's CEO retirement was also announced, but tides remain favorable with analysts predicting positive growth rates in the coming periods. Furthermore, investors have enjoyed a
35% CAGR over the past five years, pointing to the company's successful performance, while the announcement values TDG as one of the top American defense stocks to look out for.
Transdigm Group TDG News Analytics from Thu, 07 Nov 2024 08:00:00 GMT to Sat, 17 May 2025 13:34:02 GMT -
Rating 5
- Innovation 5
- Information 8
- Rumor -7
