Robeco Institutional Asset Management B.V. Raises Stock Holdings in Transdigm Group Incorporated $TDG

Key Points

• Robeco Institutional Asset Management B.V. increased its stake in Transdigm Group by 48.9%, owning 10,790 shares valued at approximately $16.4 million following additional purchases in the second quarter.
• Transdigm Group has a market cap of $72.72 billion and recently reported quarterly earnings of $9.60 per share, missing estimates by $0.15.
• The company announced a special dividend of $90.00 per share, an increase from the previous year's special dividend of $75.00, highlighting its strong financial performance.

Robeco Institutional Asset Management B.V. boosted its stake in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 48.9% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,790 shares of the aerospace company's stock after buying an additional 3,543 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in Transdigm Group were worth $16,408,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Nuveen LLC acquired a new stake in Transdigm Group in the 1st quarter valued at approximately $168,048,000. Bain Capital Public Equity Management II LLC purchased a new position in shares of Transdigm Group during the first quarter worth $157,890,000. Vanguard Group Inc. grew its stake in shares of 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 buying an additional 89,121 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Transdigm Group by 32.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 273,924 shares of the aerospace company's stock valued at $378,917,000 after buying an additional 67,547 shares during the period. Finally, Strs Ohio acquired a new position in Transdigm Group during the 1st quarter worth about $80,476,000. 95.78% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, Director Robert J. Small sold 5,000 shares of the business's 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 sale, the director owned 83,419 shares in the company, valued at $106,524,394.62. The trade was a 5.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael Graff sold 1,760 shares of the 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 owned 1,964 shares in the company, valued at $2,753,724.40. This represents a 47.26% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,232 shares of company stock worth $29,496,571 in the last three months. 4.09% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. KeyCorp dropped their target price on Transdigm Group from $1,700.00 to $1,600.00 and set an "overweight" rating for the company in a research report on Friday, August 8th. BMO Capital Markets began coverage on shares of Transdigm Group in a report on Tuesday, September 30th. They issued an "outperform" rating and a $1,420.00 price objective for the company. Susquehanna increased their target price on shares of Transdigm Group from $1,300.00 to $1,600.00 and gave the stock a "neutral" rating in a report on Monday, July 14th. Morgan Stanley boosted their price target 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. Finally, JPMorgan Chase & Co. upped their price objective on Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a "neutral" rating in a research report on Thursday, August 7th. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $1,588.50.

Transdigm Group Trading Up 0.5%

Shares of NYSE:TDG opened at $1,290.47 on Friday. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The company's 50 day moving average is $1,373.81 and its two-hundred day moving average is $1,410.62. The company has a market cap of $72.72 billion, a PE ratio of 42.83, a P/E/G ratio of 2.33 and a beta of 1.02.

Transdigm Group (NYSE:TDG - Get Free Report) last released 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). The firm 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%.Transdigm Group's revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the firm posted $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, equities research analysts expect 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 given a dividend of $90.00 per share. This is a boost from Transdigm Group's previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

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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