Union Bancaire Privee UBP SA Acquires Shares of 771 Transdigm Group Incorporated $TDG

Key Points

• Union Bancaire Privee UBP SA acquired 771 shares of Transdigm Group, valued at approximately $1.17 million, during the 2nd quarter.
• Transdigm Group has recently increased its special dividend from $75 to $90 per share, reflecting a commitment to returning value to shareholders.
• Analysts have mixed ratings for Transdigm Group, with a consensus rating of "Moderate Buy" and several target price adjustments, the highest being $1,795 by Citigroup.

Union Bancaire Privee UBP SA bought a new stake in shares of Transdigm Group Incorporated (NYSE:TDG - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 771 shares of the aerospace company's stock, valued at approximately $1,172,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. Vanguard Group Inc. boosted its stake 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 valued at $8,797,619,000 after buying an additional 89,121 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Transdigm Group by 4.2% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 364,956 shares of the aerospace company's stock valued at $504,840,000 after buying an additional 14,703 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Transdigm Group by 3.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 354,613 shares of the aerospace company's stock valued at $490,533,000 after buying an additional 12,842 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake 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 valued at $378,917,000 after buying an additional 67,547 shares during the last quarter. Finally, Vulcan Value Partners LLC boosted its stake in shares of Transdigm Group by 5.6% during the 1st quarter. Vulcan Value Partners LLC now owns 249,026 shares of the aerospace company's stock valued at $344,543,000 after buying an additional 13,286 shares during the last quarter. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

TDG has been the subject of several research analyst reports. Royal Bank Of Canada cut Transdigm Group from an "outperform" rating to a "sector perform" rating and reduced their target price for the company from $1,550.00 to $1,385.00 in a research note on Monday, September 8th. Citigroup raised their price objective on 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. raised their price objective on 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. The Goldman Sachs Group raised their price objective on Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a "buy" rating in a research note on Monday, June 23rd. Finally, KeyCorp reduced their price objective on Transdigm Group from $1,700.00 to $1,600.00 and set an "overweight" rating on the stock in a research note on Friday, August 8th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,588.50.

Insider Activity at Transdigm Group

In related news, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $1,276.07, for a total transaction of $3,828,210.00. Following the sale, the chief operating officer directly owned 3,600 shares in the company, valued at $4,593,852. The trade was a 45.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Robert J. Small sold 5,000 shares of Transdigm Group stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $1,276.98, for a total transaction of $6,384,900.00. Following the sale, the director owned 83,419 shares in the company, valued at approximately $106,524,394.62. This represents a 5.65% 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 valued at $29,496,571 in the last ninety days. Company insiders own 4.09% of the company's stock.

Transdigm Group Price Performance

Shares of NYSE TDG opened at $1,317.33 on Wednesday. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The business's fifty day moving average price is $1,392.36 and its two-hundred day moving average price is $1,412.00. The firm has a market capitalization of $74.23 billion, a PE ratio of 43.72, a P/E/G ratio of 2.73 and a beta of 1.03.

Transdigm Group (NYSE:TDG - Get Free Report) last issued its 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 negative return on equity of 35.27% and a net margin of 20.98%.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 earned $9.00 earnings per share. Transdigm Group'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. Equities research analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The business also recently disclosed a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were paid a dividend of $90.00 per share. This is an increase from Transdigm Group's previous special dividend of $75.00. The ex-dividend date was Tuesday, September 2nd.

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.

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