Transdigm Group Incorporated has been the subject of significant activity recently. Various financial services and investments companies have made adjustments to their holdings in TDG stock. While Massachusetts Financial Services, Triasima Portfolio Management, OneDigital Investment Advisors and M&T Bank Corp have all sold shares in TDG, Financial Harvest, Csenge Advisory Group, Edgestream Partners, Xponance and Cutter & Co Brokerage upon others have increased their stakes. The company surged and slipped in trading volume with a peak day resulting in $753 million in shares traded. Price targets for the company have also been revised upward by Susquehanna, to $1,600.00 and even to $1,750.00. Ceo retirement and the departure of general counsel Jessica L. Warren was also announced. Amid these developments, TDG announced the acquisition of the Simmonds Precision Products business from RTX Corporation and also stated its intent to acquire Servotronics, Inc. in a new merger deal. Zacks Research and an analyst from Citigroup predict higher earnings and a rise in TDG's stock price respectively. Despite a disappointing quarter, the company received a consensus recommendation of 'Moderate Buy' from brokerages.
Transdigm Group TDG News Analytics from Thu, 07 Nov 2024 08:00:00 GMT to Sat, 19 Jul 2025 23:44:35 GMT -
Rating 7
- Innovation 6
- Information 8
- Rumor -2
