Transdigm Group Incorporated $TDG Shares Bought by Asset Management One Co. Ltd.

Asset Management One Co. Ltd. boosted its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 0.4% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 30,978 shares of the aerospace company’s stock after purchasing an additional 114 shares during the period. Asset Management One Co. Ltd.’s holdings in Transdigm Group were worth $47,106,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Nuveen LLC acquired a new stake in Transdigm Group during the first quarter valued at $168,048,000. Bain Capital Public Equity Management II LLC acquired a new stake in Transdigm Group during the first quarter valued at $157,890,000. Vanguard Group Inc. grew its position in Transdigm Group by 1.4% during the first quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company’s stock valued at $8,797,619,000 after buying an additional 89,121 shares during the period. Goldman Sachs Group Inc. grew its position in Transdigm Group by 32.7% during the first quarter. Goldman Sachs Group Inc. now owns 273,924 shares of the aerospace company’s stock valued at $378,917,000 after buying an additional 67,547 shares during the period. Finally, Vaughan Nelson Investment Management L.P. acquired a new stake in Transdigm Group during the second quarter valued at $94,085,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Transdigm Group Trading Up 0.7%

NYSE:TDG opened at $1,359.71 on Friday. The company’s 50-day moving average price is $1,316.00 and its 200-day moving average price is $1,404.63. The company has a market cap of $76.62 billion, a P/E ratio of 45.13, a P/E/G ratio of 3.32 and a beta of 1.02. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share for the quarter, missing the consensus estimate of $9.75 by ($0.15). The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.29 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The business’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the business posted $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Increases Dividend

The firm also recently declared a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were paid a $90.00 dividend. This is an increase from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

Insider Buying and Selling at Transdigm Group

In other news, Director W Nicholas Howley sold 2,736 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The shares were sold at an average price of $1,298.87, for a total value of $3,553,708.32. Following the transaction, the director directly owned 21,548 shares of the company’s stock, valued at approximately $27,988,050.76. This trade represents a 11.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $1,276.07, for a total transaction of $3,828,210.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at approximately $4,593,852. This represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 21,232 shares of company stock valued at $27,800,332. Corporate insiders own 4.09% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on TDG. Truist Financial dropped their price target on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a research report on Wednesday, October 15th. Weiss Ratings reiterated a “buy (b)” rating on shares of Transdigm Group in a research report on Friday. Jefferies Financial Group dropped their target price on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research report on Wednesday, September 17th. KeyCorp dropped their target price on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a research report on Friday, August 8th. Finally, BMO Capital Markets started coverage on shares of Transdigm Group in a research report on Tuesday, September 30th. They issued an “outperform” rating and a $1,420.00 target price on the stock. Twelve equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Transdigm Group has an average rating of “Moderate Buy” and a consensus target price of $1,564.56.

Transdigm Group Profile

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The Power & Control segment offers mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, databus and power controls, sensor products, switches and relay panels, hoists, winches and lifting devices, and cargo loading and handling systems.