Livforsakringsbolaget Skandia Omsesidigt Has $678,000 Position in Transdigm Group Incorporated $TDG

Key Points

• Livforsakringsbolaget Skandia Omsesidigt increased its holdings in Transdigm Group by 81.3% during Q2, owning a total of 446 shares worth approximately $678,000 as of the last quarter.
• Transdigm Group reported $9.60 EPS for the last quarter, falling short of the consensus estimate of $9.75, with revenue of $2.24 billion compared to expected $2.29 billion.
• The company recently raised its special dividend from $75.00 to $90.00 per share, with the payment date on September 12th.

Livforsakringsbolaget Skandia Omsesidigt raised its stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 81.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 446 shares of the aerospace company's stock after acquiring an additional 200 shares during the period. Livforsakringsbolaget Skandia Omsesidigt's holdings in Transdigm Group were worth $678,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Vanguard Group Inc. grew its position in Transdigm Group by 1.4% in 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 acquiring an additional 89,121 shares during the period. GAMMA Investing LLC grew its holdings in shares of Transdigm Group by 177,412.3% during the first quarter. GAMMA Investing LLC now owns 1,240,811 shares of the aerospace company's stock worth $1,716,401,000 after purchasing an additional 1,240,112 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in shares of Transdigm Group by 4.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 364,956 shares of the aerospace company's stock worth $504,840,000 after purchasing an additional 14,703 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Transdigm Group by 3.8% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 354,613 shares of the aerospace company's stock worth $490,533,000 after purchasing an additional 12,842 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of Transdigm Group by 32.7% during the first 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 last quarter. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Price Performance

TDG stock traded down $4.68 during mid-day trading on Friday, reaching $1,281.44. The company had a trading volume of 520,191 shares, compared to its average volume of 354,813. The stock has a 50 day simple moving average of $1,432.10 and a two-hundred day simple moving average of $1,413.77. The company has a market capitalization of $72.21 billion, a price-to-earnings ratio of 42.53, a PEG ratio of 2.71 and a beta of 1.03. 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 posted its quarterly earnings results 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 company had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.29 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The firm's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, equities analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

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

Insiders Place Their Bets

In other news, Director Robert J. Small sold 5,000 shares of Transdigm Group stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $1,276.98, for a total transaction of $6,384,900.00. Following the completion of the transaction, the director directly owned 83,419 shares in the company, valued at approximately $106,524,394.62. The trade was a 5.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 value of $4,218,210.00. Following the transaction, the chief operating officer owned 3,600 shares of the company's stock, valued at $5,061,852. This represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 18,232 shares of company stock valued at $25,668,361. 4.09% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

TDG has been the topic of several research analyst reports. UBS Group increased their target price on Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a "buy" rating in a report on Thursday, August 7th. Truist Financial increased their target price on Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a "buy" rating in a report on Friday, July 11th. Morgan Stanley increased their target price on Transdigm Group from $1,575.00 to $1,750.00 and gave the stock an "overweight" rating in a report on Thursday, July 17th. Royal Bank Of Canada cut Transdigm Group from an "outperform" rating to a "sector perform" rating and decreased their target price for the stock from $1,550.00 to $1,385.00 in a report on Monday, September 8th. Finally, Jefferies Financial Group cut their price target on Transdigm Group from $1,650.00 to $1,490.00 and set a "buy" rating on the stock in a research note on Wednesday. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $1,599.73.

Transdigm Group Company 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.