Mn Services Vermogensbeheer B.V. Purchases 400 Shares of Transdigm Group Incorporated $TDG

Key Points

• Mn Services Vermogensbeheer B.V. increased its stake in Transdigm Group Incorporated by 2.0%, owning a total of 20,900 shares valued at $31,781,000 as of their latest SEC filing.
• Several analysts have upgraded their price targets for Transdigm Group, with Truist Financial setting a new target at $1,730.00 and UBS Group at $1,839.00, both maintaining a "buy" rating.
• The company has recently declared a special dividend of $90.00, which is an increase from the previous $75.00, showcasing strong financial performance and shareholder return.

Mn Services Vermogensbeheer B.V. boosted its position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 2.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 20,900 shares of the aerospace company's stock after purchasing an additional 400 shares during the period. Mn Services Vermogensbeheer B.V.'s holdings in Transdigm Group were worth $31,781,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Bruce G. Allen Investments LLC grew its holdings in Transdigm Group by 111.1% during the 1st quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock valued at $26,000 after purchasing an additional 10 shares during the last quarter. Winch Advisory Services LLC grew its holdings in Transdigm Group by 53.8% during the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock valued at $28,000 after purchasing an additional 7 shares during the last quarter. Saudi Central Bank bought a new position in Transdigm Group during the 1st quarter valued at about $30,000. Park Square Financial Group LLC bought a new position in Transdigm Group during the 4th quarter valued at about $32,000. Finally, Wayfinding Financial LLC bought a new position in Transdigm Group during the 1st quarter valued at about $75,000. 95.78% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have commented on TDG. Stifel Nicolaus began coverage on shares of Transdigm Group in a research note on Tuesday, June 24th. They issued a "buy" rating and a $1,710.00 target price on the stock. Truist Financial upped their target price on shares of Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a "buy" rating in a research note on Friday, July 11th. UBS Group upped their target price on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a "buy" rating in a research note on Thursday, August 7th. JPMorgan Chase & Co. upped their target price on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a "neutral" rating in a research note on Thursday, August 7th. Finally, The Goldman Sachs Group upped their target price on shares of 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. Ten investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $1,599.73.

Insider Activity

In other Transdigm Group news, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction on Friday, June 20th. The shares were sold at an average price of $1,424.27, for a total value of $4,272,810.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares of the company's stock, valued at approximately $5,127,372. The trade was a 45.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Robert J. Small sold 5,000 shares of Transdigm Group stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $1,276.98, for a total transaction of $6,384,900.00. Following the completion of the sale, the director owned 83,419 shares in the company, valued at approximately $106,524,394.62. This trade represents a 5.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 21,232 shares of company stock worth $29,941,171 over the last three months. Corporate insiders own 4.09% of the company's stock.

Transdigm Group Stock Down 0.5%

NYSE:TDG opened at $1,275.08 on Thursday. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The firm has a 50 day moving average of $1,442.37 and a 200 day moving average of $1,414.54. The stock has a market capitalization of $71.85 billion, a price-to-earnings ratio of 42.32, a PEG ratio of 2.71 and a beta of 1.03.

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 (EPS) for the quarter, missing analysts' consensus estimates 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 company had revenue of $2.24 billion during the quarter, compared to analysts' expectations of $2.29 billion. During the same period in the prior year, the business posted $9.00 EPS. The company's quarterly 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. As a group, analysts expect that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

The company also recently disclosed a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were issued a $90.00 dividend. 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.

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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