Transdigm Group Incorporated $TDG Shares Bought by IFC Advisors LLC

IFC Advisors LLC raised its holdings in Transdigm Group Incorporated (NYSE:TDG) by 3.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 276 shares of the aerospace company’s stock after purchasing an additional 9 shares during the period. IFC Advisors LLC’s holdings in Transdigm Group were worth $420,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Winch Advisory Services LLC boosted its stake 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 worth $28,000 after acquiring an additional 7 shares during the last quarter. Saudi Central Bank acquired a new stake in shares of Transdigm Group in the first quarter worth approximately $30,000. Park Square Financial Group LLC boosted its stake in shares of 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 last quarter. Ameritas Advisory Services LLC acquired a new stake in shares of Transdigm Group in the second quarter worth approximately $47,000. Finally, Hilltop National Bank acquired a new stake in shares of Transdigm Group in the second quarter worth approximately $71,000. 95.78% of the stock is owned by institutional investors and hedge funds.

Transdigm Group Stock Up 1.2%

NYSE:TDG opened at $1,293.38 on Tuesday. Transdigm Group Incorporated has a 52 week low of $1,183.60 and a 52 week high of $1,623.82. The company has a market capitalization of $72.88 billion, a P/E ratio of 42.93, a P/E/G ratio of 2.79 and a beta of 1.02. The stock’s fifty day moving average is $1,335.27 and its two-hundred day moving average is $1,407.02.

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

Transdigm Group Increases Dividend

The firm also recently announced a special dividend, which was paid on Friday, September 12th. Shareholders 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 was Tuesday, September 2nd.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on the company. UBS Group lifted their price target 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. Truist Financial boosted their price objective on Transdigm Group from $1,553.00 to $1,730.00 and gave the stock a “buy” rating in a research note on Friday, July 11th. Stifel Nicolaus initiated coverage on Transdigm Group in a research note on Tuesday, June 24th. They set a “buy” rating and a $1,710.00 price objective on the stock. Citigroup boosted their price objective on Transdigm Group from $1,635.00 to $1,795.00 and gave the stock a “buy” rating in a research note on Monday, July 14th. Finally, KeyCorp lowered their price objective on Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating on the stock in a research note on Friday, August 8th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,579.13.

Insider Transactions at Transdigm Group

In related news, Director Michael Graff sold 1,760 shares of the business’s stock in a transaction on 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 sale, the director owned 1,964 shares in the company, valued at approximately $2,753,724.40. The trade was a 47.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director W Nicholas Howley sold 2,736 shares of the business’s 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 completion of the sale, the director owned 21,548 shares in the company, valued at $27,634,663.56. This represents a 11.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,496 shares of company stock worth $25,201,434 over the last quarter. 4.09% 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 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.