Oarsman Capital Inc. Acquires 59 Shares of Transdigm Group Incorporated $TDG

by · The Cerbat Gem

Oarsman Capital Inc. grew its holdings in shares of Transdigm Group Incorporated (NYSE:TDG – Free Report) by 22.6% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 320 shares of the aerospace company’s stock after buying an additional 59 shares during the period. Oarsman Capital Inc.’s holdings in Transdigm Group were worth $487,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. boosted its holdings 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 worth $8,797,619,000 after buying an additional 89,121 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings 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 worth $504,840,000 after buying an additional 14,703 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings 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 worth $490,533,000 after buying an additional 12,842 shares in the last quarter. Goldman Sachs Group Inc. raised its position in shares of Transdigm Group by 32.7% during the first 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 period. Finally, Vulcan Value Partners LLC raised its position in shares of Transdigm Group by 5.6% during the first 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 period. 95.78% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, Director Robert J. Small sold 5,000 shares of the company’s stock in a transaction that occurred 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 sale, 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 sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $1,279.59, for a total transaction of $3,838,770.00. Following the sale, the chief operating officer owned 3,600 shares in the company, valued at $4,606,524. The trade was a 45.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 22,512 shares of company stock worth $29,538,093 in the last quarter. 4.09% of the stock is currently owned by company insiders.

Transdigm Group Price Performance

Shares of NYSE:TDG opened at $1,314.98 on Thursday. The company has a market capitalization of $74.10 billion, a PE ratio of 43.64, a price-to-earnings-growth ratio of 3.30 and a beta of 1.02. The business has a fifty day moving average price of $1,312.34 and a two-hundred day moving average price of $1,407.04. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82.

Transdigm Group (NYSE:TDG – Get Free Report) last announced its quarterly earnings data 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 business 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 company earned $9.00 EPS. The firm’s revenue for the quarter 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. Sell-side 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 disclosed a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were issued a $90.00 dividend. This is an increase from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

Wall Street Analyst Weigh In

A number of research firms recently commented on TDG. Royal Bank Of Canada lowered Transdigm Group from an “outperform” rating to a “sector perform” rating and lowered their price target for the company from $1,550.00 to $1,385.00 in a research report on Monday, September 8th. UBS Group increased their price target on Transdigm Group from $1,815.00 to $1,839.00 and gave the company a “buy” rating in a research report on Thursday, August 7th. Citigroup increased their price target on Transdigm Group from $1,635.00 to $1,795.00 and gave the company a “buy” rating in a research report on Monday, July 14th. Zacks Research lowered Transdigm Group from a “hold” rating to a “strong sell” rating in a research report on Monday. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Transdigm Group in a research note on Wednesday, October 8th. Twelve research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,564.56.

Get Our Latest Stock Report on Transdigm Group

About Transdigm Group

(Free Report)

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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