Linden Thomas Advisory Services LLC Reduces Stock Position in Transdigm Group Incorporated $TDG

Linden Thomas Advisory Services LLC reduced its holdings in Transdigm Group Incorporated (NYSE:TDG) by 1.8% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,293 shares of the aerospace company’s stock after selling 24 shares during the period. Linden Thomas Advisory Services LLC’s holdings in Transdigm Group were worth $1,966,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Winch Advisory Services LLC boosted its stake in shares of Transdigm Group by 53.8% during the 1st quarter. Winch Advisory Services LLC now owns 20 shares of the aerospace company’s stock worth $28,000 after purchasing an additional 7 shares during the period. Saudi Central Bank purchased a new position in shares of Transdigm Group during the 1st quarter worth about $30,000. Ameritas Advisory Services LLC purchased a new position in shares of Transdigm Group during the 2nd quarter worth about $47,000. Park Square Financial Group LLC boosted its stake in shares of Transdigm Group by 36.0% during the 1st quarter. Park Square Financial Group LLC now owns 34 shares of the aerospace company’s stock worth $47,000 after purchasing an additional 9 shares during the period. Finally, Hilltop National Bank purchased a new position in shares of Transdigm Group during the 2nd quarter worth about $71,000. 95.78% of the stock is owned by hedge funds and other institutional investors.

Transdigm Group Stock Performance

NYSE:TDG opened at $1,359.71 on Friday. Transdigm Group Incorporated has a one year low of $1,183.60 and a one year high of $1,623.82. The firm has a market cap of $76.62 billion, a P/E ratio of 45.13, a P/E/G ratio of 3.34 and a beta of 1.02. The firm has a 50-day simple moving average of $1,316.00 and a 200-day simple moving average of $1,405.85.

Transdigm Group (NYSE:TDG) last posted its quarterly 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). Transdigm Group had a net margin of 20.98% and a negative return on equity of 35.27%. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.29 billion. During the same quarter in the prior year, the firm posted $9.00 EPS. The company’s revenue for the quarter 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. On average, research analysts predict that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Susquehanna dropped their price target on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a research note on Thursday, October 9th. Morgan Stanley dropped their price target on shares of Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating for the company in a research note on Wednesday, October 15th. JPMorgan Chase & Co. lifted their price objective on shares of Transdigm Group from $1,480.00 to $1,500.00 and gave the company a “neutral” rating in a report on Thursday, August 7th. KeyCorp decreased their price objective on shares of Transdigm Group from $1,700.00 to $1,600.00 and set an “overweight” rating for the company in a report on Friday, August 8th. Finally, BMO Capital Markets began coverage on shares of Transdigm Group in a report on Tuesday, September 30th. They set an “outperform” rating and a $1,420.00 price objective for the company. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, Transdigm Group has an average rating of “Moderate Buy” and an average price target of $1,564.56.

Insider Buying and Selling at Transdigm Group

In other news, Director Michael Graff sold 1,760 shares of the business’s stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total value of $2,467,696.00. Following the completion of the sale, the director owned 1,964 shares in the company, valued at approximately $2,753,724.40. The trade was a 47.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, COO Joel Reiss sold 3,000 shares of the business’s stock in a transaction dated Monday, October 20th. The shares were 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 owned 3,600 shares of the company’s stock, valued at approximately $4,606,524. This represents a 45.45% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 21,232 shares of company stock worth $27,800,332. 4.09% of the stock is 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.