Yousif Capital Management LLC Sells 75 Shares of Transdigm Group Incorporated $TDG

Yousif Capital Management LLC decreased its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 1.0% during the second quarter, HoldingsChannel reports. The institutional investor owned 7,110 shares of the aerospace company’s stock after selling 75 shares during the period. Yousif Capital Management LLC’s holdings in Transdigm Group were worth $10,812,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of TDG. Nuveen LLC bought a new position in shares of Transdigm Group during the first quarter valued at approximately $168,048,000. Bain Capital Public Equity Management II LLC bought a new position in shares of Transdigm Group during the first quarter valued at approximately $157,890,000. Vanguard Group Inc. grew its stake in shares of Transdigm Group by 1.4% during 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 buying an additional 89,121 shares during the last quarter. Goldman Sachs Group Inc. grew its stake 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 valued at $378,917,000 after buying an additional 67,547 shares during the last quarter. Finally, Vaughan Nelson Investment Management L.P. bought a new position in shares of Transdigm Group during the second quarter valued at approximately $94,085,000. Institutional investors own 95.78% of the company’s stock.

Insider Buying and Selling

In other news, Director Robert J. Small sold 5,000 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $1,276.98, for a total transaction of $6,384,900.00. Following the completion of the sale, the director 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 document filed with the SEC, which is accessible through this hyperlink. Also, Director W Nicholas Howley sold 2,736 shares of the stock in a transaction on Monday, September 15th. The shares were sold at an average price of $1,282.47, for a total value of $3,508,837.92. Following the sale, the director owned 21,548 shares of the company’s stock, valued at approximately $27,634,663.56. This represents a 11.27% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 18,496 shares of company stock worth $25,201,434 over the last quarter. Insiders own 4.09% of the company’s stock.

Transdigm Group Trading Up 1.2%

Shares of NYSE TDG opened at $1,293.38 on Tuesday. The stock has a market capitalization of $72.88 billion, a PE ratio of 42.93, a price-to-earnings-growth ratio of 2.79 and a beta of 1.02. The stock’s fifty day simple moving average is $1,335.27 and its two-hundred day simple moving average is $1,407.02. Transdigm Group Incorporated has a 12-month low of $1,183.60 and a 12-month high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 5th. The aerospace company reported $9.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $9.75 by ($0.15). The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.29 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The firm’s revenue was up 9.3% compared to the same quarter last year. During the same period last year, the business posted $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, equities analysts predict that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The business also recently announced a special dividend, which was paid on Friday, September 12th. Shareholders of record on Tuesday, September 2nd were given a dividend of $90.00 per share. This is a boost from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

Analysts Set New Price Targets

A number of research analysts have recently commented on TDG shares. Susquehanna cut their target price on Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a research note on Thursday, October 9th. Royal Bank Of Canada cut Transdigm Group from an “outperform” rating to a “sector perform” rating and dropped their price objective for the stock from $1,550.00 to $1,385.00 in a research note on Monday, September 8th. The Goldman Sachs Group increased their price objective on Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a “buy” rating in a research note on Monday, June 23rd. Jefferies Financial Group dropped their price objective on Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research note on Wednesday, September 17th. Finally, Stifel Nicolaus assumed coverage on Transdigm Group in a research note on Tuesday, June 24th. They issued a “buy” rating and a $1,710.00 price objective on the stock. Twelve analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, Transdigm Group currently has a consensus rating of “Moderate Buy” and a consensus price target 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.