Northwestern Mutual Wealth Management Co. Boosts Stake in Transdigm Group Incorporated $TDG

Key Points

• Northwestern Mutual Wealth Management Co. increased its holdings in Transdigm Group by 10.1%, owning a total of 5,712 shares worth approximately $7.9 million.
• Transdigm Group announced a special dividend of $90.00, up from a previous $75.00, set to be paid on September 12th.
• Despite a revenue increase of 9.3% year-over-year, Transdigm missed earnings estimates for the last quarter, reporting $9.60 earnings per share against a consensus of $9.75.

Northwestern Mutual Wealth Management Co. grew its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 10.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 5,712 shares of the aerospace company's stock after purchasing an additional 526 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in Transdigm Group were worth $7,901,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Bruce G. Allen Investments LLC grew its holdings in Transdigm Group by 111.1% during the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company's stock worth $26,000 after acquiring an additional 10 shares during the period. Winch Advisory Services LLC grew its holdings in Transdigm Group by 53.8% during the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock worth $28,000 after acquiring an additional 7 shares during the period. Park Square Financial Group LLC acquired a new stake in Transdigm Group during the fourth quarter worth about $32,000. Wayfinding Financial LLC acquired a new stake in Transdigm Group during the first quarter worth about $75,000. Finally, CVA Family Office LLC grew its holdings in Transdigm Group by 123.1% during the first quarter. CVA Family Office LLC now owns 58 shares of the aerospace company's stock worth $80,000 after acquiring an additional 32 shares during the period. 95.78% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Wall Street Zen raised Transdigm Group from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Wells Fargo & Company increased their price target on Transdigm Group from $1,375.00 to $1,540.00 and gave the stock an "overweight" rating in a research report on Thursday, May 8th. Susquehanna increased their price target on Transdigm Group from $1,300.00 to $1,600.00 and gave the stock a "neutral" rating in a research report on Monday, July 14th. KeyCorp lowered their price target on Transdigm Group from $1,700.00 to $1,600.00 and set an "overweight" rating on the stock in a research report on Friday, August 8th. Finally, UBS Group increased their price target on Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a "buy" rating in a research report on Thursday, August 7th. Nine research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Transdigm Group currently has an average rating of "Moderate Buy" and an average target price of $1,624.69.

Transdigm Group Price Performance

Shares of NYSE:TDG traded up $2.71 during midday trading on Friday, hitting $1,400.77. The company had a trading volume of 311,909 shares, compared to its average volume of 436,498. Transdigm Group Incorporated has a twelve month low of $1,183.60 and a twelve month high of $1,623.82. The stock has a market cap of $78.93 billion, a price-to-earnings ratio of 46.49, a price-to-earnings-growth ratio of 2.95 and a beta of 1.07. The business's 50-day simple moving average is $1,496.57 and its 200-day simple moving average is $1,417.46.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 EPS for the quarter, missing the consensus estimate 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 company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the prior year, the business posted $9.00 EPS. Transdigm Group'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. As a group, sell-side analysts forecast 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 will be paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd will be paid a dividend of $90.00 per share. This is a positive change from Transdigm Group's previous special dividend of $75.00. The ex-dividend date of this dividend is Tuesday, September 2nd.

Insider Activity at Transdigm Group

In other news, Director W Nicholas Howley sold 2,736 shares of Transdigm Group stock in a transaction on Tuesday, July 15th. The stock was sold at an average price of $1,569.86, for a total value of $4,295,136.96. Following the completion of the sale, the director directly owned 21,548 shares of the company's stock, valued at approximately $33,827,343.28. The trade was a 11.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $1,406.07, for a total value 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 have sold 66,932 shares of company stock valued at $96,378,273 over the last 90 days. Corporate insiders own 4.09% of the company's stock.

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.