Transdigm Group Incorporated $TDG Shares Acquired by UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC

Key Points

• UBS AM increased its stake in Transdigm Group by 3.8%, owning approximately 0.63% of the company, valued at $490.53 million.
• Several large investors, including GAMMA Investing LLC and Vanguard Group Inc., have significantly increased their holdings in Transdigm Group during the first quarter.
• Transdigm recently announced a special dividend of $90.00 per share, up from the previous special dividend of $75.00, with a payment date set for September 12th.

UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 3.8% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 354,613 shares of the aerospace company's stock after acquiring an additional 12,842 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC owned about 0.63% of Transdigm Group worth $490,533,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. GAMMA Investing LLC raised its position in shares of Transdigm Group by 177,412.3% during the 1st quarter. GAMMA Investing LLC now owns 1,240,811 shares of the aerospace company's stock worth $1,716,401,000 after purchasing an additional 1,240,112 shares during the last quarter. Nuveen LLC acquired a new position in shares of Transdigm Group during the 1st quarter worth about $168,048,000. Bain Capital Public Equity Management II LLC acquired a new position in shares of Transdigm Group during the 1st quarter worth about $157,890,000. Vanguard Group Inc. raised its position in shares of Transdigm Group by 1.4% during the 1st quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company's stock worth $8,797,619,000 after purchasing an additional 89,121 shares during the last quarter. Finally, Goldman Sachs Group Inc. raised its position in shares of Transdigm Group by 32.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 273,924 shares of the aerospace company's stock worth $378,917,000 after purchasing an additional 67,547 shares during the last quarter. Institutional investors and hedge funds own 95.78% of the company's stock.

Transdigm Group Price Performance

Shares of NYSE:TDG traded down $20.91 during mid-day trading on Friday, reaching $1,272.39. 395,960 shares of the company were exchanged, compared to its average volume of 384,129. The firm has a market cap of $71.70 billion, a price-to-earnings ratio of 42.23, a P/E/G ratio of 2.73 and a beta of 1.03. The firm's 50-day simple moving average is $1,457.03 and its 200 day simple moving average is $1,416.52. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82.

Transdigm Group (NYSE:TDG - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share for the quarter, missing analysts' consensus estimates 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 business's revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the previous year, the business posted $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, research analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The firm also recently declared a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were given a $90.00 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This is a boost from Transdigm Group's previous special dividend of $75.00.

Insider Buying and Selling at Transdigm Group

In other Transdigm Group news, COO Joel Reiss sold 3,000 shares of the firm's stock in a transaction that occurred 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 $5,127,372. This trade represents a 45.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director W Nicholas Howley sold 2,736 shares of the firm's stock in a transaction that occurred on 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 completion of the transaction, the director directly owned 21,548 shares of the company's stock, valued at $33,827,343.28. This represents a 11.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold 16,232 shares of company stock valued at $23,998,436 in the last 90 days. Company insiders own 4.09% of the company's stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on TDG. Wall Street Zen upgraded shares of Transdigm Group from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Susquehanna increased their price objective on shares of Transdigm Group from $1,300.00 to $1,600.00 and gave the company a "neutral" rating in a report on Monday, July 14th. Stifel Nicolaus began coverage on shares of Transdigm Group in a report on Tuesday, June 24th. They issued a "buy" rating and a $1,710.00 price objective for the company. Citigroup increased their price target on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the company a "buy" rating in a research note on Monday, July 14th. Finally, Morgan Stanley increased their price target on shares of Transdigm Group from $1,575.00 to $1,750.00 and gave the company an "overweight" rating in a research note on Thursday, July 17th. Nine equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $1,607.57.

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.