Transdigm Group Incorporated $TDG Shares Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC boosted its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 17.8% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 139 shares of the aerospace company’s stock after purchasing an additional 21 shares during the period. TD Private Client Wealth LLC’s holdings in Transdigm Group were worth $211,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of TDG. Bruce G. Allen Investments LLC increased its position in shares of Transdigm Group by 111.1% in the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company’s stock valued at $26,000 after buying an additional 10 shares in the last quarter. Winch Advisory Services LLC grew its position in shares of Transdigm Group by 53.8% in the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock valued at $28,000 after purchasing an additional 7 shares in the last quarter. Saudi Central Bank purchased a new stake in shares of Transdigm Group in the first quarter valued at approximately $30,000. Park Square Financial Group LLC grew its position in Transdigm Group by 36.0% in the first quarter. Park Square Financial Group LLC now owns 34 shares of the aerospace company’s stock worth $47,000 after acquiring an additional 9 shares during the period. Finally, Wayfinding Financial LLC acquired a new stake in Transdigm Group during the first quarter worth $75,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Transactions at Transdigm Group

In other Transdigm Group news, Director Michael Graff sold 1,760 shares of the firm’s stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the transaction, the director directly owned 1,964 shares of the company’s stock, valued at $2,753,724.40. This trade represents a 47.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the firm’s stock in a transaction dated Monday, September 22nd. The shares were sold at an average price of $1,276.07, for a total value of $3,828,210.00. Following the completion of the transaction, the chief operating officer directly owned 3,600 shares in the company, valued at $4,593,852. This trade represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 21,232 shares of company stock valued at $29,496,571. Corporate insiders own 4.09% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on TDG shares. Susquehanna lifted their price objective on Transdigm Group from $1,300.00 to $1,600.00 and gave the company a “neutral” rating in a research note on Monday, July 14th. UBS Group boosted their target price on Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a “buy” rating in a research note on Thursday, August 7th. The Goldman Sachs Group boosted their target price 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. KeyCorp lowered their target price on Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research note on Friday, August 8th. Finally, JPMorgan Chase & Co. boosted their target price on Transdigm Group from $1,480.00 to $1,500.00 and gave the stock a “neutral” rating in a research note on Thursday, August 7th. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,599.73.

Transdigm Group Stock Up 0.6%

TDG stock opened at $1,297.46 on Monday. Transdigm Group Incorporated has a 52-week low of $1,183.60 and a 52-week high of $1,623.82. The stock’s fifty day simple moving average is $1,403.41 and its 200-day simple moving average is $1,413.07. The stock has a market capitalization of $73.11 billion, a price-to-earnings ratio of 43.06, a price-to-earnings-growth ratio of 2.74 and a beta of 1.03.

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

Transdigm Group Increases Dividend

The company also recently announced a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were given 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.

About Transdigm Group

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.