Transdigm Group Incorporated $TDG Shares Purchased by Goldman Sachs Group Inc.

Key Points

• Goldman Sachs Group Inc. increased its stake in Transdigm Group by 32.7% during the first quarter, now holding approximately $378.9 million worth of shares.
• Transdigm recently reported $9.60 earnings per share, missing estimates and setting guidance for FY 2025 EPS between 36.330-37.150.
• The company declared a special dividend of $90.00 per share, up from the previous $75.00, with a record date of September 2nd.

Goldman Sachs Group Inc. boosted its position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 32.7% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 273,924 shares of the aerospace company's stock after purchasing an additional 67,547 shares during the quarter. Goldman Sachs Group Inc. owned about 0.49% of Transdigm Group worth $378,917,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of TDG. Vanguard Group Inc. increased its holdings in shares of Transdigm Group by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company's stock valued at $8,797,619,000 after acquiring an additional 89,121 shares during the period. GAMMA Investing LLC lifted its position in Transdigm Group by 177,412.3% during the 1st quarter. GAMMA Investing LLC now owns 1,240,811 shares of the aerospace company's stock worth $1,716,401,000 after acquiring an additional 1,240,112 shares during the period. Windacre Partnership LLC lifted its position in Transdigm Group by 3.6% during the 4th quarter. Windacre Partnership LLC now owns 753,997 shares of the aerospace company's stock worth $955,525,000 after acquiring an additional 25,997 shares during the period. Charles Schwab Investment Management Inc. lifted its position in Transdigm Group by 4.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 364,956 shares of the aerospace company's stock worth $504,840,000 after acquiring an additional 14,703 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in Transdigm Group by 24.5% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 341,771 shares of the aerospace company's stock worth $433,120,000 after acquiring an additional 67,151 shares during the period. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Transdigm Group

In other news, Director Michael Graff sold 1,760 shares of the firm's stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total transaction of $2,467,696.00. Following the completion of the transaction, the director directly owned 1,964 shares of the company's stock, valued at $2,753,724.40. This trade represents a 47.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $1,406.07, for a total transaction of $4,218,210.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company's stock, valued at $5,061,852. The trade was a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 16,232 shares of company stock worth $23,998,436 over the last 90 days. Company insiders own 4.09% of the company's stock.

Analysts Set New Price Targets

A number of research firms have weighed in on TDG. The Goldman Sachs Group lifted their price objective on Transdigm Group from $1,526.00 to $1,709.00 and gave the company a "buy" rating in a research note on Monday, June 23rd. KeyCorp cut their price objective on Transdigm Group from $1,700.00 to $1,600.00 and set an "overweight" rating for the company in a research note on Friday, August 8th. Stifel Nicolaus assumed coverage on Transdigm Group in a research note on Tuesday, June 24th. They set a "buy" rating and a $1,710.00 price objective for the company. JPMorgan Chase & Co. upped their price target on Transdigm Group from $1,480.00 to $1,500.00 and gave the company a "neutral" rating in a research report on Thursday, August 7th. Finally, Citigroup upped their price objective on Transdigm Group from $1,635.00 to $1,795.00 and gave the company a "buy" rating in a report on Monday, July 14th. Nine 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, the company currently has an average rating of "Moderate Buy" and an average target price of $1,607.57.

Transdigm Group Trading Down 1.6%

NYSE:TDG traded down $20.91 during trading hours on Friday, hitting $1,272.39. The company's stock had a trading volume of 395,960 shares, compared to its average volume of 379,109. The stock has a market capitalization of $71.70 billion, a P/E ratio of 42.23, a price-to-earnings-growth ratio of 2.69 and a beta of 1.03. The stock has a fifty day moving average of $1,457.03 and a 200-day moving average of $1,416.99. Transdigm Group Incorporated has a 52-week low of $1,183.60 and a 52-week high of $1,623.82.

Transdigm Group (NYSE:TDG - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.75 by ($0.15). Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The firm had revenue of $2.24 billion for the quarter, compared to analysts' expectations of $2.29 billion. During the same period in the previous year, the business posted $9.00 EPS. The business's revenue for the quarter was up 9.3% compared to the same quarter last year. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, sell-side analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current 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 given a $90.00 dividend. The ex-dividend date was Tuesday, September 2nd. This is an increase from Transdigm Group's previous special dividend of $75.00.

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.