Transdigm Group Incorporated $TDG Shares Acquired by Sigma Investment Counselors Inc.

Sigma Investment Counselors Inc. increased its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 4.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,576 shares of the aerospace company’s stock after purchasing an additional 140 shares during the period. Sigma Investment Counselors Inc.’s holdings in Transdigm Group were worth $5,438,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Nuveen LLC acquired a new position in shares of Transdigm Group in the first quarter worth $168,048,000. Bain Capital Public Equity Management II LLC purchased a new stake in Transdigm Group during the 1st quarter worth about $157,890,000. Vanguard Group Inc. raised its stake in Transdigm Group by 1.4% in 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 purchasing an additional 89,121 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Transdigm Group by 32.7% in the 1st quarter. Goldman Sachs Group Inc. now owns 273,924 shares of the aerospace company’s stock valued at $378,917,000 after purchasing an additional 67,547 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in Transdigm Group in the 2nd quarter valued at about $94,085,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Stock Up 1.5%

Shares of TDG opened at $1,267.98 on Friday. Transdigm Group Incorporated has a fifty-two week low of $1,183.60 and a fifty-two week high of $1,623.82. The company’s fifty day moving average is $1,323.87 and its two-hundred day moving average is $1,403.42. The firm has a market cap of $71.45 billion, a PE ratio of 42.08, a price-to-earnings-growth ratio of 2.90 and a beta of 1.02.

Transdigm Group (NYSE:TDG) 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 firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.29 billion. During the same period last year, the business posted $9.00 earnings per share. The company’s quarterly 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. As a group, equities research analysts anticipate that Transdigm Group Incorporated will post 35.13 earnings per share for the current year.

Transdigm Group Increases Dividend

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

Insider Buying and Selling at Transdigm Group

In other news, Director Michael Graff sold 1,760 shares of the stock in a transaction on 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 completion of the sale, the director owned 1,964 shares of the company’s stock, valued at $2,753,724.40. This represents a 47.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Robert J. Small sold 5,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the director directly owned 83,419 shares in the company, valued at approximately $106,524,394.62. This represents a 5.65% 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 $28,755,142 in the last quarter. Company insiders own 4.09% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently commented on TDG. UBS Group lifted their price target on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. Jefferies Financial Group lowered their target price on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a research note on Wednesday, September 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Transdigm Group in a report on Wednesday, October 8th. Stifel Nicolaus initiated coverage on 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, Citigroup upped their target price on 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. Twelve investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $1,564.56.

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.