431 Shares in Transdigm Group Incorporated $TDG Acquired by Perbak Capital Partners LLP

Key Points

• Perbak Capital Partners LLP has made a new investment in Transdigm Group, acquiring 431 shares valued at approximately $596,000.
• Transdigm Group announced a special dividend of $90.00 per share, which is an increase from the previous special dividend of $75.00, set to be paid on September 12th.
• Analysts are optimistic about Transdigm Group, with numerous upgrades to price targets, including Goldman Sachs raising theirs from $1,526 to $1,709, reflecting a general consensus rating of "Moderate Buy."

Perbak Capital Partners LLP purchased a new position in Transdigm Group Incorporated (NYSE:TDG - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 431 shares of the aerospace company's stock, valued at approximately $596,000.

Other hedge funds have also bought and sold shares of the company. Bruce G. Allen Investments LLC increased its position 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 valued at $26,000 after acquiring an additional 10 shares during the last quarter. Winch Advisory Services LLC increased its position in Transdigm Group by 53.8% during the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company's stock valued at $28,000 after acquiring an additional 7 shares during the last quarter. Saudi Central Bank bought a new position in Transdigm Group during the first quarter valued at $30,000. Park Square Financial Group LLC bought a new position in Transdigm Group during the fourth quarter valued at $32,000. Finally, Wayfinding Financial LLC bought a new position in Transdigm Group during the first quarter valued at $75,000. Institutional investors own 95.78% of the company's stock.

Transdigm Group Trading Down 0.8%

TDG traded down $9.65 on Friday, hitting $1,272.16. 489,982 shares of the company's stock were exchanged, compared to its average volume of 335,867. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The firm has a 50-day moving average price of $1,479.69 and a 200-day moving average price of $1,417.40. The stock has a market cap of $71.69 billion, a price-to-earnings ratio of 42.22, a P/E/G ratio of 2.69 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 EPS for the quarter, missing the consensus estimate of $9.75 by ($0.15). The company had revenue of $2.24 billion for the quarter, compared to analysts' expectations of $2.29 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The firm's revenue was up 9.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $9.00 EPS. 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 business also recently disclosed a special dividend, which will be paid on Friday, September 12th. Investors of record on Tuesday, September 2nd will be issued a $90.00 dividend. This is an increase from Transdigm Group's previous special dividend of $75.00. The ex-dividend date is Tuesday, September 2nd.

Wall Street Analyst Weigh In

TDG has been the subject of a number of recent analyst reports. Susquehanna boosted their target price on shares of Transdigm Group from $1,300.00 to $1,600.00 and gave the company a "neutral" rating in a research note on Monday, July 14th. Truist Financial upped their price objective 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. Citigroup upped their price objective 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. JPMorgan Chase & Co. upped their price objective 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, Morgan Stanley upped their price objective 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. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,624.69.

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 2,736 shares of the business's stock in a transaction dated Tuesday, July 15th. The shares were sold at an average price of $1,569.86, for a total transaction of $4,295,136.96. Following the sale, the director directly owned 21,548 shares in the company, valued at $33,827,343.28. This represents a 11.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael Graff sold 1,760 shares of the business's stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $1,402.10, for a total transaction of $2,467,696.00. Following the sale, the director owned 1,964 shares in the company, valued at $2,753,724.40. This trade represents a 47.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 66,932 shares of company stock worth $96,378,273 in the last 90 days. 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.