ASR Vermogensbeheer N.V. Invests $9.52 Million in Transdigm Group Incorporated $TDG

Key Points

• ASR Vermogensbeheer N.V. has invested approximately $9.52 million in Transdigm Group, acquiring 6,257 shares in the 2nd quarter.
• Institutional investors currently own 95.78% of Transdigm Group's stock, indicating strong institutional interest.
• Transdigm Group recently announced a special dividend of $90.00 per share, an increase from the previous special dividend of $75.00.

ASR Vermogensbeheer N.V. purchased a new position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 6,257 shares of the aerospace company's stock, valued at approximately $9,515,000.

Several other institutional investors and hedge funds also recently made changes to their positions in TDG. Nuveen LLC bought a new position in shares of Transdigm Group during the 1st quarter worth $168,048,000. Bain Capital Public Equity Management II LLC bought a new position in Transdigm Group in the 1st quarter worth about $157,890,000. Vanguard Group Inc. boosted its stake in Transdigm Group by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company's stock worth $8,797,619,000 after purchasing an additional 89,121 shares during the period. Goldman Sachs Group Inc. boosted its stake in Transdigm Group by 32.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 273,924 shares of the aerospace company's stock worth $378,917,000 after purchasing an additional 67,547 shares during the period. Finally, Strs Ohio bought a new position in Transdigm Group in the 1st quarter worth about $80,476,000. Institutional investors own 95.78% of the company's stock.

Transdigm Group Trading Down 1.4%

Shares of NYSE TDG opened at $1,282.38 on Friday. The stock has a market cap of $72.26 billion, a price-to-earnings ratio of 42.56, a P/E/G ratio of 2.35 and a beta of 1.02. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The stock's 50-day moving average is $1,380.13 and its 200 day moving average is $1,410.70.

Transdigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share for the quarter, missing analysts' consensus estimates of $9.75 by ($0.15). The firm had revenue of $2.24 billion for the quarter, compared to analysts' expectations of $2.29 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. 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 forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

The company also recently disclosed a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were issued a dividend of $90.00 per share. The ex-dividend date of this dividend was Tuesday, September 2nd. This is a positive change from Transdigm Group's previous special dividend of $75.00.

Insider Transactions at Transdigm Group

In related news, 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 transaction, the chief operating officer directly owned 3,600 shares of the company's stock, valued at approximately $4,593,852. This trade represents a 45.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Michael Graff sold 1,760 shares of the firm's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the transaction, the director directly owned 1,964 shares in the company, valued at approximately $2,753,724.40. This represents a 47.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,232 shares of company stock valued at $29,496,571. 4.09% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts have commented on TDG shares. The Goldman Sachs Group raised their target price on Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. Morgan Stanley raised their target price on Transdigm Group from $1,575.00 to $1,750.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. BMO Capital Markets started coverage on Transdigm Group in a research note on Tuesday. They issued an "outperform" rating and a $1,420.00 target price for the company. Royal Bank Of Canada cut Transdigm Group from an "outperform" rating to a "sector perform" rating and lowered their price target for the company from $1,550.00 to $1,385.00 in a report on Monday, September 8th. Finally, Susquehanna raised their price target on Transdigm Group from $1,300.00 to $1,600.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,588.50.

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.

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