From MarketBeat:

TransDigm Group (NYSE:TDG) shares hit 52-week high after Truist Financial raised price target to $1,158 with a buy rating. Several equities research analysts have also recently weighed in. Directors and COO have sold shares recently. Data shows institutional investors and hedge funds own 95.78% of the company’s stock.

The firm has a market capitalization of $56.41 billion, a P/E ratio of 46.09, and a price-to-earnings-growth ratio of 2.04. TransDigm Group last released its quarterly earnings data on Thursday, November 9th. The aerospace company announced a special dividend, which was paid on Monday, November 27th, a boost from its previous special dividend of $22.00.

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The company’s Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, among other products. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company’s stock.



Read more: TransDigm Group (NYSE:TDG) Sets New 1-Year High After Analyst Upgrade