CHURCHILL MANAGEMENT Corp Raises Stock Position in Transdigm Group Incorporated $TDG

CHURCHILL MANAGEMENT Corp lifted its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 45.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,591 shares of the aerospace company’s stock after acquiring an additional 3,333 shares during the quarter. CHURCHILL MANAGEMENT Corp’s holdings in Transdigm Group were worth $16,106,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Bruce G. Allen Investments LLC grew its holdings in 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 purchasing an additional 10 shares during the last quarter. Winch Advisory Services LLC lifted its holdings 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 acquired a new stake in shares of Transdigm Group in the first quarter valued at approximately $30,000. Park Square Financial Group LLC increased its stake in shares of Transdigm Group by 36.0% during the 1st quarter. Park Square Financial Group LLC now owns 34 shares of the aerospace company’s stock worth $47,000 after purchasing an additional 9 shares in the last quarter. Finally, Wayfinding Financial LLC acquired a new position in shares of Transdigm Group during the 1st quarter worth approximately $75,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Transdigm Group

In other news, Director W Nicholas Howley sold 2,736 shares of the firm’s stock in a transaction dated Monday, September 15th. The stock was sold at an average price of $1,282.47, for a total value of $3,508,837.92. Following the transaction, the director directly owned 21,548 shares in the company, valued at $27,634,663.56. This trade represents a 11.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Robert J. Small sold 5,000 shares of Transdigm Group 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 $106,524,394.62. This represents a 5.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 21,232 shares of company stock valued at $29,496,571. Insiders own 4.09% of the company’s stock.

Transdigm Group Price Performance

Shares of TDG stock opened at $1,299.98 on Thursday. The firm’s 50-day simple moving average is $1,386.45 and its 200-day simple moving average is $1,411.23. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The firm has a market cap of $73.25 billion, a P/E ratio of 43.15, a PEG ratio of 2.79 and a beta of 1.02.

Transdigm Group (NYSE:TDG) last issued 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). The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.29 billion. Transdigm Group had a negative return on equity of 35.27% and a net margin of 20.98%.The business’s revenue for the quarter was up 9.3% on a year-over-year basis. During the same period last year, the company posted $9.00 EPS. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. Analysts expect that Transdigm Group Incorporated will post 35.13 earnings per share for the current fiscal year.

Transdigm Group Increases Dividend

The company also recently declared 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.

Analyst Upgrades and Downgrades

A number of brokerages have commented on TDG. BMO Capital Markets began coverage on Transdigm Group in a report on Tuesday. They set an “outperform” rating and a $1,420.00 target price on the stock. UBS Group increased their price objective on Transdigm Group from $1,815.00 to $1,839.00 and gave the company a “buy” rating in a research note on Thursday, August 7th. Jefferies Financial Group cut their target price on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a research note on Wednesday, September 17th. Truist Financial upped their target price on shares of Transdigm Group from $1,553.00 to $1,730.00 and gave the company a “buy” rating in a report on Friday, July 11th. Finally, The Goldman Sachs Group lifted their price target on shares of Transdigm Group from $1,526.00 to $1,709.00 and gave the stock a “buy” rating in a report on Monday, June 23rd. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Transdigm Group currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,588.50.

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.