TransDigm Group Incorporated (NYSE:TDG) Plans $30.00 Dividend

Share on StockTwits

TransDigm Group Incorporated (NYSE:TDG) declared a dividend on Tuesday, August 6th, Fidelity reports. Investors of record on Friday, August 16th will be paid a dividend of 30.00 per share by the aerospace company on Friday, August 23rd. The ex-dividend date of this dividend is Thursday, August 15th.

Shares of TransDigm Group stock opened at $548.21 on Wednesday. The company has a market capitalization of $29.05 billion, a P/E ratio of 32.27, a PEG ratio of 2.72 and a beta of 1.06. The company’s 50 day simple moving average is $496.82. TransDigm Group has a 52 week low of $307.36 and a 52 week high of $555.27.

TransDigm Group (NYSE:TDG) last announced its earnings results on Tuesday, August 6th. The aerospace company reported $4.95 EPS for the quarter, beating analysts’ consensus estimates of $4.01 by $0.94. The company had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.58 billion. TransDigm Group had a negative return on equity of 59.21% and a net margin of 15.26%. The firm’s revenue for the quarter was up 69.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.59 earnings per share. On average, sell-side analysts anticipate that TransDigm Group will post 16.92 EPS for the current fiscal year.

A number of brokerages recently commented on TDG. Cowen restated a “buy” rating and set a $520.00 target price on shares of TransDigm Group in a report on Tuesday, August 6th. JPMorgan Chase & Co. upped their target price on TransDigm Group from $465.00 to $515.00 and gave the company an “underweight” rating in a report on Tuesday, May 14th. Berenberg Bank set a $540.00 target price on TransDigm Group and gave the company a “buy” rating in a report on Thursday, June 13th. UBS Group upped their target price on TransDigm Group to $605.00 and gave the company a “buy” rating in a report on Wednesday, August 7th. Finally, Morgan Stanley began coverage on TransDigm Group in a report on Tuesday, June 4th. They set an “equal weight” rating and a $520.00 target price for the company. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. The company has an average rating of “Buy” and an average target price of $520.00.

In other TransDigm Group news, VP Robert S. Henderson sold 10,000 shares of the stock in a transaction on Wednesday, June 12th. The stock was sold at an average price of $467.38, for a total value of $4,673,800.00. Following the completion of the transaction, the vice president now owns 35,000 shares in the company, valued at $16,358,300. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Chairman W Nicholas Howley sold 17,083 shares of the stock in a transaction on Friday, August 9th. The stock was sold at an average price of $547.65, for a total value of $9,355,504.95. The disclosure for this sale can be found here. In the last quarter, insiders sold 63,749 shares of company stock valued at $31,514,641. 11.00% of the stock is owned by corporate insiders.

About TransDigm Group

TransDigm Group Incorporated designs, produces, and supplies aircraft components in the United States and internationally. The company operates in three segments: Power & Control, Airframe, and Non-aviation. 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, databus and power controls, hoists, winches and lifting devices, and cargo loading and handling systems.

Featured Article: Do investors pay a separate front-end load every time they buy additional shares?

Dividend History for TransDigm Group (NYSE:TDG)

Receive News & Ratings for TransDigm Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TransDigm Group and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Inogen Inc  Expected to Announce Earnings of $0.23 Per Share
Inogen Inc Expected to Announce Earnings of $0.23 Per Share
AMN Healthcare Services, Inc.  Given Consensus Rating of “Buy” by Brokerages
AMN Healthcare Services, Inc. Given Consensus Rating of “Buy” by Brokerages
$4.09 Billion in Sales Expected for General Mills, Inc.  This Quarter
$4.09 Billion in Sales Expected for General Mills, Inc. This Quarter
Endeavour Silver Corp  Receives $2.75 Consensus Target Price from Brokerages
Endeavour Silver Corp Receives $2.75 Consensus Target Price from Brokerages
Brokerages Set Alamos Gold Inc  Target Price at $6.77
Brokerages Set Alamos Gold Inc Target Price at $6.77
$0.77 Earnings Per Share Expected for General Mills, Inc.  This Quarter
$0.77 Earnings Per Share Expected for General Mills, Inc. This Quarter


© 2006-2019 Ticker Report