TransDigm Group Incorporated (NYSE:TDG – Get Free Report) declared a dividend on Friday, September 20th, NASDAQ reports. Stockholders of record on Friday, October 4th will be paid a dividend of 75.00 per share by the aerospace company on Friday, October 18th. The ex-dividend date of this dividend is Friday, October 4th. This is an increase from TransDigm Group’s previous dividend of $32.50.
TransDigm Group Trading Up 0.5 %
Shares of NYSE:TDG opened at $1,442.53 on Thursday. The company has a market capitalization of $80.94 billion, a price-to-earnings ratio of 57.22, a PEG ratio of 2.21 and a beta of 1.42. TransDigm Group has a 12-month low of $802.46 and a 12-month high of $1,451.32. The business has a 50-day moving average price of $1,320.64 and a 200 day moving average price of $1,289.62.
TransDigm Group (NYSE:TDG – Get Free Report) last announced its quarterly earnings results on Tuesday, August 6th. The aerospace company reported $9.00 earnings per share for the quarter, beating analysts’ consensus estimates of $7.77 by $1.23. TransDigm Group had a net margin of 21.83% and a negative return on equity of 66.70%. The business had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.01 billion. During the same period last year, the business earned $6.55 earnings per share. The business’s revenue for the quarter was up 17.3% on a year-over-year basis. As a group, equities research analysts predict that TransDigm Group will post 30.7 earnings per share for the current fiscal year.
Analyst Ratings Changes
Get Our Latest Stock Analysis on TDG
Insider Transactions at TransDigm Group
In related news, Director W Nicholas Howley sold 5,073 shares of the company’s stock in a transaction that occurred on Monday, July 15th. The stock was sold at an average price of $1,242.30, for a total value of $6,302,187.90. Following the completion of the transaction, the director now directly owns 21,548 shares of the company’s stock, valued at $26,769,080.40. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director W Nicholas Howley sold 5,073 shares of TransDigm Group stock in a transaction on Monday, July 15th. The shares were sold at an average price of $1,242.30, for a total transaction of $6,302,187.90. Following the sale, the director now directly owns 21,548 shares in the company, valued at approximately $26,769,080.40. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the company’s stock in a transaction on Monday, July 15th. The shares were sold at an average price of $1,241.60, for a total transaction of $3,724,800.00. Following the completion of the transaction, the chief operating officer now owns 3,600 shares of the company’s stock, valued at approximately $4,469,760. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 36,545 shares of company stock valued at $46,454,828. Corporate insiders own 4.96% of the company’s stock.
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.
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