Aurora Investment Managers LLC. Makes New $2.52 Million Investment in Transdigm Group Incorporated $TDG

Aurora Investment Managers LLC. purchased a new position in Transdigm Group Incorporated (NYSE:TDG) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 1,655 shares of the aerospace company’s stock, valued at approximately $2,516,000. Transdigm Group comprises about 1.5% of Aurora Investment Managers LLC.’s investment portfolio, making the stock its 24th largest position.

Other large investors have also recently modified their holdings of the company. Nuveen LLC purchased a new position in Transdigm Group in the 1st quarter worth approximately $168,048,000. Bain Capital Public Equity Management II LLC purchased a new position in shares of Transdigm Group in the first quarter valued at about $157,890,000. Vanguard Group Inc. increased its position in shares of Transdigm Group by 1.4% in the first quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company’s stock valued at $8,797,619,000 after acquiring an additional 89,121 shares during the period. Goldman Sachs Group Inc. increased its holdings in Transdigm Group by 32.7% during 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 during the period. Finally, Vaughan Nelson Investment Management L.P. purchased a new position in Transdigm Group during the 2nd quarter valued at about $94,085,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on TDG. Weiss Ratings reissued a “buy (b)” rating on shares of Transdigm Group in a research report on Wednesday. The Goldman Sachs Group upped their target price on Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a “buy” rating in a report on Monday, June 23rd. Royal Bank Of Canada cut Transdigm Group from an “outperform” rating to a “sector perform” rating and reduced their price target for the stock from $1,550.00 to $1,385.00 in a research note on Monday, September 8th. Morgan Stanley upped their target price on shares of Transdigm Group from $1,575.00 to $1,750.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Finally, Stifel Nicolaus initiated coverage on shares of Transdigm Group in a research report on Tuesday, June 24th. They issued a “buy” rating and a $1,710.00 target price on the stock. Twelve analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Transdigm Group presently has an average rating of “Moderate Buy” and a consensus target price of $1,588.50.

Transdigm Group Price Performance

TDG stock opened at $1,285.33 on Thursday. The business has a 50-day moving average price of $1,354.46 and a 200 day moving average price of $1,408.89. The company has a market capitalization of $72.43 billion, a P/E ratio of 42.66, a PEG ratio of 2.32 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.

Transdigm Group (NYSE:TDG) last posted its quarterly earnings results on Tuesday, August 5th. The aerospace company reported $9.60 EPS for the quarter, missing the consensus estimate 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 in the prior year, the firm posted $9.00 EPS. The company’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. On average, analysts anticipate 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. Stockholders of record on Tuesday, September 2nd were given a $90.00 dividend. The ex-dividend date of this dividend was Tuesday, September 2nd. This is a positive change from Transdigm Group’s previous special dividend of $75.00.

Insider Buying and Selling

In other Transdigm Group news, Director Robert J. Small sold 5,000 shares of the business’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 completion of the transaction, the director directly owned 83,419 shares in the company, valued at approximately $106,524,394.62. The trade was a 5.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Joel Reiss sold 3,000 shares of the business’s 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 owned 3,600 shares of the company’s stock, valued at approximately $4,593,852. This trade represents a 45.45% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 21,232 shares of company stock valued at $29,496,571. 4.09% of the stock is currently owned by insiders.

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.