Vanguard Personalized Indexing Management LLC Has $10.76 Million Stock Holdings in Transdigm Group Incorporated $TDG

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Transdigm Group by 30.5%, holding shares valued at approximately $10.76 million following the acquisition of additional shares during the second quarter.
• Recent insider trading activities included COO Joel Reiss selling 3,000 shares and Director Robert J. Small selling 5,000 shares, both transactions showing significant decreases in their respective holdings.
• Transdigm Group recently declared a special dividend of $90.00, an increase from the previous $75.00, signaling a strong cash position amidst a positive revenue growth of 9.3% year-over-year despite a slight earnings miss.

Vanguard Personalized Indexing Management LLC raised its stake in Transdigm Group Incorporated (NYSE:TDG - Free Report) by 30.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,077 shares of the aerospace company's stock after acquiring an additional 1,656 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Transdigm Group were worth $10,763,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Vontobel Holding Ltd. acquired a new position in Transdigm Group in the 1st quarter valued at $387,000. Dynamic Advisor Solutions LLC acquired a new position in shares of Transdigm Group during the 1st quarter worth $1,113,000. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Transdigm Group by 4.6% during the 1st quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 8,653 shares of the aerospace company's stock worth $11,970,000 after buying an additional 380 shares in the last quarter. BNP Paribas Financial Markets raised its holdings in shares of Transdigm Group by 5.4% during the 1st quarter. BNP Paribas Financial Markets now owns 104,065 shares of the aerospace company's stock worth $143,952,000 after buying an additional 5,369 shares in the last quarter. Finally, Radnor Capital Management LLC raised its holdings in shares of Transdigm Group by 57.9% during the 2nd quarter. Radnor Capital Management LLC now owns 1,255 shares of the aerospace company's stock worth $1,908,000 after buying an additional 460 shares in the last quarter. 95.78% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, COO Joel Reiss sold 3,000 shares of the company's stock in a transaction dated 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 sale, the chief operating officer owned 3,600 shares in the company, valued at $4,593,852. This represents a 45.45% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert J. Small sold 5,000 shares of the company's stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $1,276.98, for a total value of $6,384,900.00. Following the sale, the director owned 83,419 shares in the company, valued at approximately $106,524,394.62. The trade was a 5.65% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 21,232 shares of company stock worth $29,496,571. Corporate insiders own 4.09% of the company's stock.

Transdigm Group Trading Up 0.1%

NYSE TDG opened at $1,276.79 on Monday. The business's 50-day moving average price is $1,341.66 and its two-hundred day moving average price is $1,407.60. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The firm has a market capitalization of $71.95 billion, a PE ratio of 42.38, a price-to-earnings-growth ratio of 2.79 and a beta of 1.02.

Transdigm Group (NYSE:TDG - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 EPS for the quarter, missing analysts' consensus estimates 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 company had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter last year, the firm posted $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. As a group, analysts forecast that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The business 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. This is a boost from Transdigm Group's previous special dividend of $75.00. The ex-dividend date was Tuesday, September 2nd.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the company. Weiss Ratings reissued a "buy (b)" rating on shares of Transdigm Group in a report on Wednesday, October 8th. Citigroup boosted their price target on Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a "buy" rating in a report on Monday, July 14th. Stifel Nicolaus assumed coverage on Transdigm Group in a report on Tuesday, June 24th. They set a "buy" rating and a $1,710.00 price target for the company. BMO Capital Markets began coverage on Transdigm Group in a report on Tuesday, September 30th. They set an "outperform" rating and a $1,420.00 price target for the company. Finally, Truist Financial boosted their price objective on Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a "buy" rating in a research report on Friday, July 11th. Twelve investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $1,579.13.

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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