Vanderbilt University Takes Position in Transdigm Group Incorporated $TDG

Key Points

• Vanderbilt University has acquired a new position in Transdigm Group Incorporated, purchasing 2,334 shares valued at approximately $3.55 million, which represents 0.7% of its investment portfolio.
• Several major institutional investors, including Goldman Sachs and Vanguard Group, have increased their stakes in Transdigm Group, highlighting strong investor interest in the aerospace company.
• Transdigm Group recently declared a special dividend increase to $90.00 from the previous $75.00, reflecting its ongoing financial strength despite a recent earnings miss.

Vanderbilt University bought a new position in Transdigm Group Incorporated (NYSE:TDG - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 2,334 shares of the aerospace company's stock, valued at approximately $3,549,000. Transdigm Group comprises about 0.7% of Vanderbilt University's investment portfolio, making the stock its 28th biggest holding.

Several other large investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in shares of Transdigm Group by 1.4% in 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. Charles Schwab Investment Management Inc. grew its holdings in shares of Transdigm Group by 4.2% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 364,956 shares of the aerospace company's stock worth $504,840,000 after purchasing an additional 14,703 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of Transdigm Group by 3.8% in 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 worth $490,533,000 after purchasing an additional 12,842 shares during the last quarter. Goldman Sachs Group Inc. grew 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 worth $378,917,000 after purchasing an additional 67,547 shares during the last quarter. Finally, Vulcan Value Partners LLC grew its holdings in shares of Transdigm Group by 5.6% in the 1st quarter. Vulcan Value Partners LLC now owns 249,026 shares of the aerospace company's stock worth $344,543,000 after purchasing an additional 13,286 shares during the last quarter. Institutional investors own 95.78% of the company's stock.

Insider Buying and Selling at Transdigm Group

In other news, Director Michael Graff sold 1,760 shares of the firm's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the transaction, the director owned 1,964 shares of the company's stock, valued at approximately $2,753,724.40. This trade represents a 47.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $1,276.07, for a total transaction of $3,828,210.00. Following the transaction, 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 position. The disclosure for this sale can be found here. Insiders sold a total of 21,232 shares of company stock worth $29,496,571 over the last quarter. Company insiders own 4.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Citigroup upped their target price on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a "buy" rating in a report on Monday, July 14th. Jefferies Financial Group decreased their price objective on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a "buy" rating on the stock in a report on Wednesday, September 17th. Royal Bank Of Canada lowered shares of Transdigm Group from an "outperform" rating to a "sector perform" rating and decreased their price objective for the stock from $1,550.00 to $1,385.00 in a report on Monday, September 8th. Stifel Nicolaus started coverage on shares of Transdigm Group in a report on Tuesday, June 24th. They set a "buy" rating and a $1,710.00 price objective on the stock. Finally, BMO Capital Markets started coverage on shares of Transdigm Group in a report on Tuesday. They set an "outperform" rating and a $1,420.00 price objective on the stock. Eleven equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $1,588.50.

Transdigm Group Trading Down 1.4%

Shares of NYSE TDG opened at $1,282.38 on Friday. The firm has a market capitalization of $72.26 billion, a PE ratio of 42.56, a price-to-earnings-growth ratio of 2.35 and a beta of 1.02. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82. The firm's 50-day moving average is $1,380.13 and its 200-day moving average is $1,410.70.

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 (EPS) for the quarter, missing the consensus estimate of $9.75 by ($0.15). The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.29 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The firm's revenue for the quarter was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal 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 paid 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 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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