Dimensional Fund Advisors LP Sells 1,025 Shares of Transdigm Group Incorporated $TDG

Key Points

• Dimensional Fund Advisors LP has decreased its stake in Transdigm Group by 0.7%, selling 1,025 shares to hold approximately 0.25% of the company, valued at about $197.57 million.
• Transdigm Group reported $9.60 earnings per share for its latest quarter, missing estimates, with revenue of $2.24 billion, below analysts' expectations of $2.29 billion.
• Despite recent insider sales, Transdigm Group has received multiple upgrades from analysts, with an average price target now at $1,624.69 and a rating of "Moderate Buy."

Dimensional Fund Advisors LP lowered its position in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) by 0.7% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 142,844 shares of the aerospace company's stock after selling 1,025 shares during the quarter. Dimensional Fund Advisors LP owned about 0.25% of Transdigm Group worth $197,568,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in TDG. Horizon Investments LLC increased its stake in shares of Transdigm Group by 4.9% in the 1st quarter. Horizon Investments LLC now owns 807 shares of the aerospace company's stock valued at $1,116,000 after purchasing an additional 38 shares during the last quarter. Kovitz Investment Group Partners LLC boosted its position in Transdigm Group by 19.9% during the 1st quarter. Kovitz Investment Group Partners LLC now owns 2,106 shares of the aerospace company's stock worth $2,914,000 after buying an additional 350 shares during the period. E Fund Management Co. Ltd. bought a new stake in shares of Transdigm Group in the first quarter worth $202,000. Tokio Marine Asset Management Co. Ltd. increased its stake in shares of Transdigm Group by 0.5% in the first quarter. Tokio Marine Asset Management Co. Ltd. now owns 1,693 shares of the aerospace company's stock valued at $2,342,000 after buying an additional 8 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new position in Transdigm Group during the 1st quarter worth approximately $84,000. 95.78% of the stock is currently owned by institutional investors.

Transdigm Group Trading Up 1.0%

Shares of TDG traded up $13.8020 during mid-day trading on Friday, reaching $1,406.9420. The company's stock had a trading volume of 251,126 shares, compared to its average volume of 292,039. The company's fifty day moving average price is $1,499.59 and its two-hundred day moving average price is $1,414.14. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The stock has a market cap of $79.28 billion, a PE ratio of 46.70, a P/E/G ratio of 2.96 and a beta of 1.07.

Transdigm Group (NYSE:TDG - Get Free Report) last announced its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share 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 firm had revenue of $2.24 billion for the quarter, compared to analysts' expectations of $2.29 billion. During the same period in the previous year, the company earned $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. Research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

The company also recently announced a special dividend, which will be paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd will be issued a $90.00 dividend. This is a boost from Transdigm Group's previous special dividend of $75.00. The ex-dividend date of this dividend is Tuesday, September 2nd.

Wall Street Analyst Weigh In

TDG has been the subject of a number of research analyst reports. Morgan Stanley lifted 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. Wall Street Zen upgraded Transdigm Group from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Wells Fargo & Company upped their price objective on shares of 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. Truist Financial upped their price objective on Transdigm Group from $1,553.00 to $1,730.00 and gave the company a "buy" rating in a research note on Friday, July 11th. Finally, UBS Group lifted their price target on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a "buy" rating in a report on Thursday, August 7th. Nine research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Transdigm Group has an average rating of "Moderate Buy" and a consensus price target of $1,624.69.

Insiders Place Their Bets

In other news, CFO Sarah Wynne sold 3,200 shares of Transdigm Group stock in a transaction on Thursday, June 12th. The shares were sold at an average price of $1,452.15, for a total transaction of $4,646,880.00. Following the transaction, the chief financial officer owned 3,400 shares in the company, valued at $4,937,310. This trade represents a 48.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Robert J. Small sold 45,700 shares of Transdigm Group stock in a transaction dated Tuesday, June 10th. The shares were sold at an average price of $1,425.01, for a total value of $65,122,957.00. Following the transaction, the director directly owned 88,419 shares in the company, valued at approximately $125,997,959.19. The trade was a 34.07% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 65,172 shares of company stock valued at $93,910,577. Insiders own 4.09% of the company's stock.

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.