Blair William & Co. IL Sells 2,268 Shares of Transdigm Group Incorporated $TDG

Key Points

• Blair William & Co. IL has reduced its stake in Transdigm Group by 1.3%, now owning 172,953 shares valued at approximately $263 million.
• The company reported $9.60 EPS for its latest quarter, which was below analysts' expectations, and set FY 2025 guidance at 36.330-37.150 EPS.
• Transdigm Group has announced a special dividend of $90.00, an increase from its previous special dividend of $75.00.

Blair William & Co. IL reduced its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 1.3% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 172,953 shares of the aerospace company's stock after selling 2,268 shares during the period. Blair William & Co. IL owned 0.31% of Transdigm Group worth $263,000,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. UMB Bank n.a. boosted its holdings in Transdigm Group by 12.2% in the 1st quarter. UMB Bank n.a. now owns 330 shares of the aerospace company's stock worth $456,000 after buying an additional 36 shares during the period. Farther Finance Advisors LLC lifted its position in shares of Transdigm Group by 34.2% during the first quarter. Farther Finance Advisors LLC now owns 357 shares of the aerospace company's stock worth $499,000 after acquiring an additional 91 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Transdigm Group by 28.3% during the 1st quarter. GAMMA Investing LLC now owns 897 shares of the aerospace company's stock valued at $1,241,000 after purchasing an additional 198 shares during the period. Simplicity Wealth LLC bought a new stake in shares of Transdigm Group during the 1st quarter valued at $228,000. Finally, Assenagon Asset Management S.A. raised its stake in shares of Transdigm Group by 2.7% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,035 shares of the aerospace company's stock valued at $1,432,000 after purchasing an additional 27 shares during the period. Hedge funds and other institutional investors own 95.78% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on TDG shares. The Goldman Sachs Group lifted their target price on Transdigm Group from $1,526.00 to $1,709.00 and gave the company a "buy" rating in a report on Monday, June 23rd. Truist Financial raised their price objective on shares of Transdigm Group from $1,553.00 to $1,730.00 and gave the company a "buy" rating in a research report on Friday, July 11th. Citigroup increased their target price on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a "buy" rating in a research note on Monday, July 14th. Morgan Stanley increased their target price on shares of 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. Finally, KeyCorp decreased their price target on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an "overweight" rating on the stock in a report on Friday, August 8th. Twelve research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $1,588.50.

Transdigm Group Trading Up 0.1%

Shares of NYSE TDG opened at $1,285.33 on Thursday. The stock has a market cap of $72.43 billion, a price-to-earnings ratio of 42.66, a P/E/G ratio of 2.32 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 $1,354.46 and its 200 day moving average is $1,408.89.

Transdigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 EPS for the quarter, missing analysts' consensus estimates of $9.75 by ($0.15). Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The business had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the previous year, the business earned $9.00 earnings per share. The firm's revenue was up 9.3% on a year-over-year basis. 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 firm also recently declared a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were paid a $90.00 dividend. This is a boost 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

In other Transdigm Group news, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $1,276.07, for a total value of $3,828,210.00. Following the transaction, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $4,593,852. The trade was a 45.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director W Nicholas Howley sold 2,736 shares of the firm's stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $1,569.86, for a total transaction of $4,295,136.96. Following the completion of the transaction, the director owned 21,548 shares in the company, valued at $33,827,343.28. This represents a 11.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 21,232 shares of company stock worth $29,496,571 in the last ninety days. Corporate insiders own 4.09% of the company's stock.

About Transdigm Group

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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