Transdigm Group Incorporated $TDG Shares Sold by Greenleaf Trust

Greenleaf Trust lowered its stake in shares of Transdigm Group Incorporated (NYSE:TDG) by 2.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,563 shares of the aerospace company’s stock after selling 42 shares during the period. Greenleaf Trust’s holdings in Transdigm Group were worth $2,377,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Bruce G. Allen Investments LLC boosted its stake in shares of Transdigm Group by 111.1% during the first quarter. Bruce G. Allen Investments LLC now owns 19 shares of the aerospace company’s stock valued at $26,000 after acquiring an additional 10 shares during the last quarter. Winch Advisory Services LLC boosted its stake in shares of Transdigm Group by 53.8% during the first quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock valued at $28,000 after acquiring an additional 7 shares during the last quarter. Saudi Central Bank acquired a new stake in shares of Transdigm Group during the first quarter valued at $30,000. Park Square Financial Group LLC boosted its stake in Transdigm Group by 36.0% in the 1st quarter. Park Square Financial Group LLC now owns 34 shares of the aerospace company’s stock worth $47,000 after buying an additional 9 shares during the last quarter. Finally, Wayfinding Financial LLC acquired a new stake in Transdigm Group in the 1st quarter worth about $75,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Buying and Selling

In related 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 transaction of $2,467,696.00. Following the sale, the director directly owned 1,964 shares in the company, valued at approximately $2,753,724.40. This trade represents a 47.26% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director W Nicholas Howley sold 2,736 shares of the firm’s stock in a transaction dated 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 sale, the director owned 21,548 shares in the company, valued at approximately $27,634,663.56. The trade was a 11.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,232 shares of company stock valued at $29,496,571. Corporate insiders own 4.09% of the company’s stock.

Transdigm Group Price Performance

Transdigm Group stock opened at $1,317.33 on Wednesday. The stock’s 50-day moving average is $1,392.36 and its 200-day moving average is $1,412.00. The company has a market cap of $74.23 billion, a price-to-earnings ratio of 43.72, a price-to-earnings-growth ratio of 2.73 and a beta of 1.03. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82.

Transdigm Group (NYSE:TDG) last announced its 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 analysts’ expectations of $2.29 billion. Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The business’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. Research analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

The business also recently announced a special dividend, which was paid on Friday, September 12th. Investors of record on Tuesday, September 2nd were issued a dividend of $90.00 per share. The ex-dividend date was Tuesday, September 2nd. This is an increase from Transdigm Group’s previous special dividend of $75.00.

Analyst Upgrades and Downgrades

TDG has been the topic of a number of research analyst reports. KeyCorp decreased their price target 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. Jefferies Financial Group decreased their price target on Transdigm Group from $1,650.00 to $1,490.00 and set a “buy” rating on the stock in a research note on Wednesday, September 17th. Royal Bank Of Canada lowered Transdigm Group from an “outperform” rating to a “sector perform” rating and decreased their price target for the stock from $1,550.00 to $1,385.00 in a research note on Monday, September 8th. BMO Capital Markets initiated coverage on Transdigm Group in a research note on Tuesday. They issued an “outperform” rating and a $1,420.00 price target on the stock. Finally, JPMorgan Chase & Co. raised their price target 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. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,588.50.

Transdigm Group 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.