Scholtz & Company LLC Sells 103 Shares of Transdigm Group Incorporated $TDG

Scholtz & Company LLC decreased its holdings in shares of Transdigm Group Incorporated (NYSE:TDG) by 2.0% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 4,967 shares of the aerospace company’s stock after selling 103 shares during the period. Transdigm Group makes up 3.3% of Scholtz & Company LLC’s holdings, making the stock its 9th largest position. Scholtz & Company LLC’s holdings in Transdigm Group were worth $7,553,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Vontobel Holding Ltd. bought a new stake in shares of Transdigm Group during the 1st quarter valued at $387,000. Equitable Trust Co. raised its position in shares of Transdigm Group by 8.2% during the 2nd quarter. Equitable Trust Co. now owns 6,371 shares of the aerospace company’s stock valued at $9,688,000 after acquiring an additional 484 shares during the last quarter. BNP Paribas Financial Markets raised its position in shares of Transdigm Group by 5.4% during the 1st quarter. BNP Paribas Financial Markets now owns 104,065 shares of the aerospace company’s stock valued at $143,952,000 after acquiring an additional 5,369 shares during the last quarter. Radnor Capital Management LLC increased its position in shares of Transdigm Group by 57.9% in the 2nd quarter. Radnor Capital Management LLC now owns 1,255 shares of the aerospace company’s stock valued at $1,908,000 after buying an additional 460 shares in the last quarter. Finally, Vanguard Personalized Indexing Management LLC increased its position in shares of Transdigm Group by 30.5% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 7,077 shares of the aerospace company’s stock valued at $10,763,000 after buying an additional 1,656 shares in the last quarter. Institutional investors own 95.78% of the company’s stock.

Insider Activity at Transdigm Group

In other news, Director Kevin M. Stein sold 700 shares of the stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $1,360.00, for a total transaction of $952,000.00. Following the completion of the transaction, the director directly owned 8,158 shares in the company, valued at $11,094,880. This represents a 7.90% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Michael Graff sold 1,760 shares of the stock in a transaction dated Tuesday, August 26th. The stock was sold at an average price of $1,402.10, for a total transaction of $2,467,696.00. Following the transaction, the director owned 1,964 shares of the company’s stock, valued at approximately $2,753,724.40. This represents a 47.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 22,512 shares of company stock worth $29,538,093. Corporate insiders own 4.09% of the company’s stock.

Transdigm Group Trading Down 0.8%

TDG stock opened at $1,304.98 on Friday. The stock has a 50-day moving average price of $1,310.55 and a two-hundred day moving average price of $1,406.33. The stock has a market cap of $73.54 billion, a PE ratio of 43.31, a price-to-earnings-growth ratio of 3.25 and a beta of 1.02. Transdigm Group Incorporated has a 1 year low of $1,183.60 and a 1 year high of $1,623.82.

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

Transdigm Group Increases Dividend

The firm also recently disclosed a special dividend, which was paid on Friday, September 12th. Stockholders of record on Tuesday, September 2nd were paid a dividend of $90.00 per share. The ex-dividend date was Tuesday, September 2nd. This is a positive change from Transdigm Group’s previous special dividend of $75.00.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on TDG. Royal Bank Of Canada cut shares of Transdigm Group from an “outperform” rating to a “sector perform” rating and lowered their price objective for the company from $1,550.00 to $1,385.00 in a research report on Monday, September 8th. Jefferies Financial Group lowered their price objective on shares of Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating for the company in a research report on Wednesday, September 17th. Truist Financial lowered their price objective on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating for the company in a research report on Wednesday, October 15th. Susquehanna lowered their price objective on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research report on Thursday, October 9th. Finally, Morgan Stanley lowered their price objective on shares of Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating for the company in a research report on Wednesday, October 15th. Twelve analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,564.56.

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.