Transdigm Group Incorporated $TDG Shares Purchased by Whipplewood Advisors LLC

Whipplewood Advisors LLC boosted its position in Transdigm Group Incorporated (NYSE:TDG) by 511.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 55 shares of the aerospace company’s stock after acquiring an additional 46 shares during the quarter. Whipplewood Advisors LLC’s holdings in Transdigm Group were worth $84,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Interchange Capital Partners LLC raised its holdings in Transdigm Group by 5.7% in the second quarter. Interchange Capital Partners LLC now owns 278 shares of the aerospace company’s stock valued at $422,000 after acquiring an additional 15 shares in the last quarter. Brighton Jones LLC raised its holdings in Transdigm Group by 2.6% in the second quarter. Brighton Jones LLC now owns 1,129 shares of the aerospace company’s stock valued at $1,717,000 after acquiring an additional 29 shares in the last quarter. MQS Management LLC acquired a new stake in Transdigm Group in the second quarter valued at approximately $377,000. Rational Advisors Inc. raised its holdings in Transdigm Group by 305.1% in the second quarter. Rational Advisors Inc. now owns 2,836 shares of the aerospace company’s stock valued at $4,313,000 after acquiring an additional 2,136 shares in the last quarter. Finally, State of New Jersey Common Pension Fund D raised its holdings in Transdigm Group by 0.4% in the second quarter. State of New Jersey Common Pension Fund D now owns 18,645 shares of the aerospace company’s stock valued at $28,352,000 after acquiring an additional 75 shares in the last quarter. Institutional investors and hedge funds own 95.78% of the company’s stock.

Insider Buying and Selling at Transdigm Group

In other news, Director Michael Graff sold 1,760 shares of the firm’s stock in a transaction that occurred on Tuesday, August 26th. The shares were sold at an average price of $1,402.10, for a total transaction of $2,467,696.00. Following the transaction, 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Joel Reiss sold 3,000 shares of Transdigm Group stock in a transaction on Monday, September 22nd. The shares were sold at an average price of $1,276.07, for a total transaction of $3,828,210.00. Following the completion of the transaction, the chief operating officer owned 3,600 shares in the company, valued at approximately $4,593,852. This trade represents a 45.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 21,232 shares of company stock valued at $27,800,332. 4.09% of the stock is currently owned by insiders.

Transdigm Group Trading Up 0.7%

Shares of TDG opened at $1,359.71 on Monday. The firm has a market cap of $76.62 billion, a PE ratio of 45.13, a price-to-earnings-growth ratio of 3.34 and a beta of 1.02. The company’s 50 day simple moving average is $1,316.00 and its 200-day simple moving average is $1,406.47. 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 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $9.75 by ($0.15). The business had revenue of $2.24 billion for the quarter, compared to analysts’ expectations 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 quarter last year, the business posted $9.00 earnings per share. Transdigm Group has set its FY 2025 guidance at 36.330-37.150 EPS. As a group, equities research analysts forecast that Transdigm Group Incorporated will post 35.13 EPS for the current fiscal year.

Transdigm Group Increases Dividend

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

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on TDG shares. Morgan Stanley reduced their price objective on shares of Transdigm Group from $1,750.00 to $1,600.00 and set an “overweight” rating for the company in a research report on Wednesday, October 15th. Royal Bank Of Canada cut shares of Transdigm Group from an “outperform” rating to a “sector perform” rating and lowered their target price for the company from $1,550.00 to $1,385.00 in a report on Monday, September 8th. Citigroup upped their target price on shares of Transdigm Group from $1,635.00 to $1,795.00 and gave the company a “buy” rating in a report on Monday, July 14th. Susquehanna lowered their target price on shares of Transdigm Group from $1,500.00 to $1,450.00 and set a “neutral” rating for the company in a report on Thursday, October 9th. Finally, BMO Capital Markets began coverage on shares of Transdigm Group in a report on Tuesday, September 30th. They issued an “outperform” rating and a $1,420.00 target price for the company. Twelve equities 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, the company currently has an average rating of “Moderate Buy” and an average target price of $1,564.56.

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.