Transdigm Group Incorporated $TDG Stock Holdings Lowered by Cavalier Investments LLC

Cavalier Investments LLC reduced its holdings in Transdigm Group Incorporated (NYSE:TDG) by 1.2% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,929 shares of the aerospace company’s stock after selling 23 shares during the quarter. Transdigm Group accounts for 0.9% of Cavalier Investments LLC’s holdings, making the stock its 28th biggest position. Cavalier Investments LLC’s holdings in Transdigm Group were worth $2,933,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. Winch Advisory Services LLC raised its holdings 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 period. MassMutual Private Wealth & Trust FSB raised its holdings in shares of Transdigm Group by 2.8% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 257 shares of the aerospace company’s stock valued at $391,000 after acquiring an additional 7 shares during the period. Diversified Enterprises LLC raised its holdings in shares of Transdigm Group by 3.8% during the second quarter. Diversified Enterprises LLC now owns 193 shares of the aerospace company’s stock valued at $293,000 after acquiring an additional 7 shares during the period. Balefire LLC raised its holdings in shares of Transdigm Group by 4.9% during the first quarter. Balefire LLC now owns 171 shares of the aerospace company’s stock valued at $237,000 after acquiring an additional 8 shares during the period. Finally, New Republic Capital LLC raised its holdings in shares of Transdigm Group by 4.6% during the first quarter. New Republic Capital LLC now owns 183 shares of the aerospace company’s stock valued at $253,000 after acquiring an additional 8 shares during the period. Institutional investors and hedge funds own 95.78% of the company’s stock.

Transdigm Group Stock Performance

Shares of TDG opened at $1,329.45 on Wednesday. The company’s 50 day moving average price is $1,320.09 and its 200 day moving average price is $1,403.64. 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 $74.91 billion, a PE ratio of 44.12, a PEG ratio of 3.03 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 the consensus estimate of $9.75 by ($0.15). The business had revenue of $2.24 billion during 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%.The business’s revenue was up 9.3% on a year-over-year basis. During the same period in the prior year, the firm earned $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. On average, equities 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 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 a positive change from Transdigm Group’s previous special dividend of $75.00. The ex-dividend date of this dividend was Tuesday, September 2nd.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on TDG shares. Truist Financial cut their price target on shares of Transdigm Group from $1,730.00 to $1,647.00 and set a “buy” rating on the stock in a report on Wednesday, October 15th. Susquehanna cut their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating on the stock in a report on Thursday, October 9th. Morgan Stanley cut their price target on shares of Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating on the stock in a report on Wednesday, October 15th. Stifel Nicolaus started coverage on shares of Transdigm Group in a research report on Tuesday, June 24th. They set a “buy” rating and a $1,710.00 price objective on the stock. Finally, Royal Bank Of Canada downgraded 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. Twelve analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,564.56.

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 that occurred on Wednesday, October 15th. The shares were sold at an average price of $1,298.87, for a total value of $3,553,708.32. Following the completion of the sale, the director directly owned 21,548 shares of the company’s stock, valued at $27,988,050.76. The trade was a 11.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $1,279.59, for a total transaction of $3,838,770.00. Following the completion of the sale, the chief operating officer directly owned 3,600 shares of the company’s stock, valued at $4,606,524. This represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 21,232 shares of company stock valued at $27,800,332. 4.09% of the stock is currently owned by 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.