Frazier Financial Advisors LLC Has $96,000 Position in Transdigm Group Incorporated $TDG

Frazier Financial Advisors LLC raised its holdings in Transdigm Group Incorporated (NYSE:TDG) by 26.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 63 shares of the aerospace company’s stock after buying an additional 13 shares during the quarter. Frazier Financial Advisors LLC’s holdings in Transdigm Group were worth $96,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in TDG. Nuveen LLC bought a new position in shares of Transdigm Group during the 1st quarter worth approximately $168,048,000. Bain Capital Public Equity Management II LLC bought a new position in Transdigm Group during the 1st quarter valued at about $157,890,000. Vanguard Group Inc. raised its position in Transdigm Group by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 6,359,924 shares of the aerospace company’s stock valued at $8,797,619,000 after purchasing an additional 89,121 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Transdigm Group by 32.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 273,924 shares of the aerospace company’s stock worth $378,917,000 after buying an additional 67,547 shares in the last quarter. Finally, Vaughan Nelson Investment Management L.P. bought a new stake in Transdigm Group during the 2nd quarter worth about $94,085,000. Institutional investors and hedge funds own 95.78% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. UBS Group boosted their price objective on shares of Transdigm Group from $1,815.00 to $1,839.00 and gave the stock a “buy” rating in a research report on Thursday, August 7th. BMO Capital Markets started coverage on Transdigm Group in a report on Tuesday, September 30th. They set an “outperform” rating and a $1,420.00 price objective for the company. KeyCorp lowered their price target on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a research report on Friday, August 8th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Transdigm Group in a research note on Wednesday, October 8th. Finally, JPMorgan Chase & Co. upped their price target on Transdigm Group from $1,480.00 to $1,500.00 and gave the company a “neutral” rating in a research note on Thursday, August 7th. Twelve research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,579.13.

Transdigm Group Trading Up 1.2%

Shares of TDG opened at $1,293.38 on Tuesday. The company’s fifty day simple moving average is $1,335.27 and its 200 day simple moving average is $1,407.02. Transdigm Group Incorporated has a 1-year low of $1,183.60 and a 1-year high of $1,623.82. The company has a market cap of $72.88 billion, a price-to-earnings ratio of 42.93, a PEG ratio of 2.79 and a beta of 1.02.

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

Transdigm Group Increases Dividend

The business also recently disclosed 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 positive change from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

Insider Activity at Transdigm Group

In other news, Director Michael Graff sold 1,760 shares of the business’s stock in a transaction that occurred on 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 completion of the sale, the director owned 1,964 shares in the company, valued at $2,753,724.40. The trade was a 47.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction that occurred on Monday, September 22nd. The stock was sold at an average price of $1,276.07, for a total value of $3,828,210.00. Following the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at approximately $4,593,852. The trade was a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 18,496 shares of company stock valued at $25,201,434 in the last 90 days. Insiders own 4.09% of the company’s stock.

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.