Triumph Group to Exit S&P SmallCap 600 Following Acquisition

Triumph Group (TGI) will exit the S&P SmallCap 600 due to its acquisition by Warburg Pincus and Berkshire Partners. Analysts forecast an average target price of $21.39, with a high estimate of $26.00 and a low estimate of $12.00. The average target implies a 17.78% downside from the current price of $26.01. The estimated GF Value for TGI in one year is $13.87, suggesting a 46.67% downside from the current price.

Triumph Group, Inc. (NYSE: TGI) will be delisted from the S&P SmallCap 600 index following its acquisition by Warburg Pincus LLC and Berkshire Partners LLC. The transaction, valued at $2.1 billion, was completed on July 24, 2025, and will result in Triumph Group becoming a privately held company [1]. This acquisition, which was unanimously approved by Triumph's board of directors, will see the company's shares no longer traded on the New York Stock Exchange.

Analysts have provided varying estimates for the future performance of Triumph Group's stock. The average target price stands at $21.39, with a high estimate of $26.00 and a low estimate of $12.00. This implies an average downside of 17.78% from the current price of $26.01 [3]. The estimated GF Value for TGI in one year is $13.87, suggesting a potential downside of 46.67% from the current price.

Veracyte Inc. (NASD: VCYT) will replace Triumph Group in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 29 [2]. This change reflects the significant shift in Triumph Group's status following the acquisition and its subsequent delisting from the index.

The acquisition is subject to customary closing conditions, including shareholder approval and regulatory approvals. Triumph Group shareholders have already approved the transaction, and the required waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 expired on March 10, 2025 [1].

The financial advisors and legal counsel for the transaction include Goldman Sachs & Co. LLC, Lazard, and law firms such as Skadden, Arps, Slate, Meagher & Flom LLP and Kirkland & Ellis LLP [1]. The transaction is not contingent upon financing and is expected to close in the second half of calendar year 2025.

References:

[1] https://www.marketscreener.com/news/warburg-pincus-llc-and-berkshire-partners-llc-completed-the-acquisition-of-triumph-group-inc--ce7c5fdada80f023
[2] https://www.morningstar.com/news/pr-newswire/20250724ny37512/veracyte-set-to-join-sp-smallcap-600
[3] https://www.marketbeat.com/instant-alerts/triumph-group-inc-nysetgi-given-average-recommendation-of-reduce-by-analysts-2025-07-25/