Insider Selling: Transdigm Group (NYSE:TDG) Director Sells $6,384,900.00 in Stock

Transdigm Group Incorporated (NYSE:TDG) Director Robert Small sold 5,000 shares of Transdigm Group stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $1,276.98, for a total value of $6,384,900.00. Following the sale, the director directly owned 83,419 shares of the company’s stock, valued at $106,524,394.62. This trade represents a 5.65% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Transdigm Group Stock Up 0.9%

Transdigm Group stock opened at $1,286.95 on Friday. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The company has a market capitalization of $72.52 billion, a price-to-earnings ratio of 42.71, a price-to-earnings-growth ratio of 2.70 and a beta of 1.03. The stock has a 50-day moving average price of $1,437.28 and a 200 day moving average price of $1,413.96.

Transdigm Group (NYSE:TDG) last announced its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share (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 analyst estimates of $2.29 billion. During the same period in the previous year, the firm posted $9.00 earnings per share. The company’s revenue was up 9.3% compared to the same quarter last year. 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 fiscal year.

Transdigm Group Increases Dividend

The firm also recently disclosed a special dividend, which was paid on Friday, September 12th. Stockholders 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.

Institutional Trading of Transdigm Group

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Transdigm Group by 5.3% in the 2nd quarter. Vanguard Group Inc. now owns 6,693,889 shares of the aerospace company’s stock valued at $10,178,995,000 after buying an additional 333,965 shares in the last quarter. State Street Corp lifted its stake in shares of Transdigm Group by 2.5% in the 2nd quarter. State Street Corp now owns 2,343,288 shares of the aerospace company’s stock valued at $3,563,297,000 after purchasing an additional 56,141 shares during the last quarter. GAMMA Investing LLC lifted its stake in shares of Transdigm Group by 177,412.3% in the 1st quarter. GAMMA Investing LLC now owns 1,240,811 shares of the aerospace company’s stock valued at $1,716,401,000 after purchasing an additional 1,240,112 shares during the last quarter. Geode Capital Management LLC lifted its stake in shares of Transdigm Group by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 1,214,396 shares of the aerospace company’s stock valued at $1,837,459,000 after purchasing an additional 17,946 shares during the last quarter. Finally, Norges Bank acquired a new position in Transdigm Group during the 2nd quarter worth about $1,275,035,000. 95.78% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on TDG shares. Morgan Stanley boosted their price objective on Transdigm Group from $1,575.00 to $1,750.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Susquehanna boosted their price objective on Transdigm Group from $1,300.00 to $1,600.00 and gave the company a “neutral” rating in a research report on Monday, July 14th. The Goldman Sachs Group boosted their price objective on Transdigm Group from $1,526.00 to $1,709.00 and gave the company a “buy” rating in a research report on Monday, June 23rd. Stifel Nicolaus began coverage on Transdigm Group in a research report on Tuesday, June 24th. They set a “buy” rating and a $1,710.00 price target for the company. Finally, KeyCorp dropped their price target on Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research report on Friday, August 8th. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, Transdigm Group has a consensus rating of “Moderate Buy” and a consensus target price of $1,599.73.

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.