Zurich Insurance Group boosted its TransDigm Group stake by nearly 50%, valued at $134.9 million, amid rising stock targets.

Zurich Insurance Group increased its stake in aerospace company TransDigm Group by 49.7%, owning 94,537 shares worth $134.9 million. Other firms and insiders have also adjusted their holdings. TransDigm Group recently announced a special dividend of $75 per share, up from $32.50 previously. Several analysts have raised their price targets on the stock, with a consensus "Moderate Buy" rating and an average target price of $1,464.

December 07, 2024
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