US Bancorp DE Boosts Stock Holdings in Transdigm Group Incorporated $TDG

US Bancorp DE grew its position in shares of Transdigm Group Incorporated (NYSE:TDG) by 0.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 99,355 shares of the aerospace company’s stock after buying an additional 93 shares during the period. US Bancorp DE’s holdings in Transdigm Group were worth $151,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently added to or reduced their stakes in TDG. Winch Advisory Services LLC increased its holdings in Transdigm Group by 53.8% in the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock worth $28,000 after acquiring an additional 7 shares in the last quarter. Saudi Central Bank purchased a new stake in Transdigm Group in the 1st quarter worth $30,000. Park Square Financial Group LLC increased its holdings 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 acquiring an additional 9 shares in the last quarter. Ameritas Advisory Services LLC purchased a new stake in Transdigm Group in the 2nd quarter worth $47,000. Finally, Hilltop National Bank purchased a new stake in Transdigm Group in the 2nd quarter worth $71,000. Hedge funds and other institutional investors own 95.78% of the company’s stock.

Transdigm Group Price Performance

NYSE TDG opened at $1,285.33 on Thursday. The firm’s 50-day moving average is $1,354.46 and its two-hundred day moving average is $1,408.89. Transdigm Group Incorporated has a 12 month low of $1,183.60 and a 12 month high of $1,623.82. The stock has a market capitalization of $72.43 billion, a P/E ratio of 42.66, a PEG ratio of 2.32 and a beta of 1.02.

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 company had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.29 billion. During the same period in the previous year, the company earned $9.00 EPS. The company’s quarterly revenue 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. As a group, analysts anticipate that Transdigm Group Incorporated will post 35.13 EPS for the current year.

Transdigm Group Increases Dividend

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

Analyst Ratings Changes

Several brokerages recently commented on TDG. UBS Group boosted their price target on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a “buy” rating in a report on Thursday, August 7th. BMO Capital Markets started coverage on shares of Transdigm Group in a report on Tuesday, September 30th. They set an “outperform” rating and a $1,420.00 target price for the company. Royal Bank Of Canada lowered shares of Transdigm Group from an “outperform” rating to a “sector perform” rating and dropped their target price for the stock from $1,550.00 to $1,385.00 in a report on Monday, September 8th. Jefferies Financial Group dropped 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 report on Wednesday, September 17th. Finally, Susquehanna upped their target price on shares of Transdigm Group from $1,300.00 to $1,600.00 and gave the stock a “neutral” rating in a report on Monday, July 14th. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Transdigm Group has a consensus rating of “Moderate Buy” and a consensus price target of $1,588.50.

Insider Buying and Selling at Transdigm Group

In other Transdigm Group news, Director W Nicholas Howley sold 2,736 shares of the business’s stock in a transaction dated Monday, September 15th. The shares were sold at an average price of $1,282.47, for a total transaction of $3,508,837.92. Following the sale, the director directly owned 21,548 shares in the company, valued at $27,634,663.56. This represents a 11.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Robert J. Small sold 5,000 shares of the business’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $1,276.98, for a total transaction of $6,384,900.00. Following the sale, the director owned 83,419 shares in the company, valued at $106,524,394.62. This trade represents a 5.65% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,232 shares of company stock valued at $29,496,571 over the last three months. 4.09% of the stock is currently owned by company insiders.

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.